Bitcoin (BTC) $106,646.62 -0.30%
Ethereum (ETH) $2,444.24 -0.69%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 149.018121 -1.63%
Cardano (ADA) $0.55 -1.68%
Chainlink (LINK) $13.03 -1.38%
Litecoin (LTC) $84.24 -2.01%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 2.220988 -0.31%
Dash (DASH) $19.52 -1.29%
X-CASH (XCASH) 2.0E-6 -0.19%
Dogecoin (DOGE) $0.00 -6.62%

Cryptocurrencies: 26535

Markets: 104125

Market Cap: $3,280,079,261,583

24h Vol: $98,446,316,894

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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