Insider trading is rampant before new ERC-20 tokens are listed on centralized exchanges (CEXs), according to blockchain intelligence firm Solidus Labs.
In a report published on Wednesday, Solidus Labs said it found suspicious transactions ahead of major CEX listings of ERC-20 tokens in 56% of cases by looking at data going back to January of 2021.
ERC-20 tokens are the most commonly created types of tokens, and are built on the Ethereum blockchain....
Read More: Insider Trading Rampant in Crypto Market, According to Ex-Goldman Technologists
-Advertisement-
Popular
- Dogecoin Price Prediction as DOGE Eyes Big Bearish Breakout to This Key Support Zone
- Google Pay can securely store your COVID-19 vaccine info
- SHOCKING! ‘Kanguva’ Editor Nishadh Yusuf Found Dead Just Weeks Before Film’s Release
- Emmy Awards 2024: Late Matthew Perry Not Mentioned In The Memoriam Tribute – Here’s Why Missing Friends’ Chandler Bing Was Not A Blunder!
- Amazon’s Ring unveils $40 device that detects breaking glass, duplicating Echo feature