Bitcoin (BTC) $92,474.72 -1.69%
Ethereum (ETH) $3,242.17 0.20%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 138.896774 0.61%
Dogecoin (DOGE) $0.15 -2.62%
Cardano (ADA) $0.41 -1.44%
Chainlink (LINK) $13.76 -1.40%
Litecoin (LTC) $82.78 -1.36%
Dash (DASH) $43.75 -0.07%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.559372 -1.53%
X-CASH (XCASH) 2.0E-6 2.49%

Cryptocurrencies: 28150

Markets: 117361

Market Cap: $3,172,985,855,419

24h Vol: $133,047,356,355

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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