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On-chain Data
On-Chain Data refers to the information stored on a blockchain network, which encompasses various aspects of the cryptocurrency ecosystem. It includes data related to individuals involved in the crypto space, companies operating in the industry, protocols governing blockchain networks, and crypto exchanges facilitating the buying and selling of digital assets. This comprehensive dataset provides valuable insights into the activities and trends within the cryptocurrency market. For individuals, on-chain data allows for the analysis of their transactions, addresses, and holdings, providing transparency and accountability. Companies can utilize this data to assess market demand, track supply chains, and enhance operational efficiency. Protocols, on the other hand, rely on on-chain data to validate and record transactions, ensuring the integrity and security of the blockchain network. Crypto exchanges heavily rely on on-chain data to facilitate trading, verify transactions, and maintain accurate records of digital asset ownership. This information is crucial for investors and traders to make informed decisions and understand market dynamics.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins
Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.
Stablecoin Issuer Lybra Finance Nears $100M in TVL
Lybra Finance was launched last month and uses liquid staking derivatives to offer a decentralized interesting-bearing stablecoin.
Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet
Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.
BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know
Three distinct enhancements aim to make the network faster and more secure.
Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.
Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool
Multichain’s current upgrade is taking longer than expected, causing delays in their transactions.
Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls
Meme coin traders poured capital into several pizza-related tokens on Monday as rug pulls put a dampener on the anniversary of the first purchase made with bitcoin.
ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth
Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.
Absence of Retail Investors Could Stand in the Way of Pepecoin's Rise to Top Meme Coin: Santiment
A Santiment report said that pepecoin (PEPE) could face challenges amid a generally bleak trading environment.
Lido Community Members Propose LDO Token Staking and Buyback Plan
The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”
