The crypto community is grudgingly adjusting to a new measurement metric, one that many critics have demanded for some time, but, perhaps, not in its present form. There has always been a problem in the way that volumes are reported and aggregated by large data collection firms like CoinMarketCap.com (CMC). This particular aggregator is also…
Read moreBut it appears that revenues were down (again) at CMC, after a 21% revenue drop last year. CMC Markets founder Peter Cruddas, who re-took the reigns as CEO in early 2013, has overseen a nice overhaul of the business and its return to profitability, but is still facing falling revenues. UK spreadbetting and forex brokerage…
Read moreCMC fiscal 2013 results show a 21% drop in revenue, as the scandal revolving around CEO Peter Cruddas took its toll. Leading UK online broker CMC Markets has released its fiscal 2013 results (year-end March 31), alongside some interesting comments and admissions made by CMC Founder and CEO Peter Cruddas. Cruddas re-took the reigns as…
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