Daniel Mark Harrison, a co-founder of Zurcoin, a currency claimed to be a hybrid of Quark and Bitcoin, has accused the majority of cryptocurrency exchanges of manipulating prices on digital assets markets. In his post published on Medium and titled “The Problem With Exchanges”, Harrison claimed that the greater part of crypto exchanges fiddle with assets’ prices, and such manipulations pose long-term risks to the market stability.

Harrison explains that there is an important difference between blockchain-based and decentralized cryptocurrencies, and centrally-issued virtual currencies, which are highly-centralized and thus subject to manipulations. According to Harrison, the key point here is their supply that can be t…

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