Bitcoin (BTC) $93,767.53 -0.38%
Ethereum (ETH) $1,766.39 -2.21%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 142.391218 -1.31%
Dogecoin (DOGE) $0.16 -3.64%
Cardano (ADA) $0.65 -2.83%
Chainlink (LINK) $13.25 -3.69%
Litecoin (LTC) $81.61 -7.43%
Helium (HNT) 3.690338 -2.73%
Polygon (MATIC) 0.25693 2.45%
Dash (DASH) $20.96 -4.06%
X-CASH (XCASH) 3.0E-6 25.29%

Cryptocurrencies: 26009

Markets: 101336

Market Cap: $2,905,692,986,217

24h Vol: $64,980,493,784

Coin-turk.com

2023-09-18 19:15:19

High Volume Fake Trading on Ethereum-based DEX Raises Concerns

High Volume Fake Trading on Ethereum-based DEX Raises Concerns

A cryptocurrency analysis firm claims that billions of dollars in market capitalization are being transferred through decentralized exchanges (DEX) on Ethereum (ETH). Solidus Labs alleges in a new report that crypto token distributors and liquidity providers have engaged in at least $2 billion worth of fake trading on Ethereum-based DEX since 2020.The post High Volume Fake Trading on Ethereum-based DEX Raises Concerns appeared first on COINTURK NEWS.

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