Bitcoin (BTC) $27,453.51 -1.42%
Ethereum (ETH) $1,662.22 -3.39%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 23.45713 -0.86%
Cardano (ADA) $0.26 -1.65%
Dogecoin (DOGE) $0.06 -1.48%
Polygon (MATIC) 0.550244 -2.43%
Litecoin (LTC) $66.19 -2.48%
Chainlink (LINK) $7.52 -5.05%
Dash (DASH) $27.40 -2.83%
Helium (HNT) 1.469171 -2.03%
X-CASH (XCASH) 3.0E-6 7.04%

Cryptocurrencies: 18163

Markets: 63982

Market Cap: $1,086,343,493,980

24h Vol: $43,498,876,781

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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