going above and beyond
- Nov 17, 2006
Now, a new trend has caused the cryptocurrency community concern as well. Called "spoofing," it is the process by which criminals attempt to artificially influence the price of a digital currency by creating fake orders.
What Is Cryptocurrency Spoofing?
One of the hallmarks of most digital currencies is extreme volatility. Frequent and significant price fluctuations were a concern particularly in the earliest days of some of the major cryptocurrencies, but the phenomenon continues up to this day. One need look no further than the largest...