🚀 Analysts Uncover Rampant Wash Trading on Polymarket
#Polymarket #WashTrading #Blockchain #MarketManipulation #ChaosLabs #IncaDigital #TradingVolume #ElectionMarket
According to Odaily, analysts from blockchain companies Chaos Labs and Inca Digital have identified widespread wash trading on Polymarket. Despite the platform's odds being widely shared on social media and mainstream media, the analysts discovered signs of fake trading activities. Wash trading, a form of market manipulation, involves simultaneous and repeated buying and selling to create the illusion of trading volume and activity.
Chaos Labs revealed that approximately one-third of the trading volume in Polymarket's presidential election market is attributed to fake trades. Inca Digital also found that a significant portion of the market's trading volume could be due to potential wash trading.#Polymarket #WashTrading #Blockchain #MarketManipulation #ChaosLabs #IncaDigital #TradingVolume #ElectionMarket
🚀 Cetus Protocol Offers $5 Million Reward for Hacker Information
#CetusProtocol #HackerReward #IncaDigital #SuiFoundation #Cybersecurity #Blockchain #CryptoNews #CETUS #SUI
According to Odaily, Cetus Protocol has announced that it has not yet received a response from the hacker and urges them to seriously consider the previously proposed negotiation terms. In collaboration with Inca Digital and the Sui Foundation, Cetus has offered a $5 million reward for information leading to the successful identification and arrest of the hacker, including their name, location, and concrete evidence. Information can be submitted via email to info@inca.digital with the subject line "Cetus lead." Cetus added that if the hacker chooses to cooperate and accept the proposal, no legal action or reward claims will be pursued. The reward amount will be paid at the discretion of the Sui Foundation.#CetusProtocol #HackerReward #IncaDigital #SuiFoundation #Cybersecurity #Blockchain #CryptoNews #CETUS #SUI