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


Markets

Ether, Dogecoin Lead Crypto Market Bounce; Lido's Staked Ether Breaks Into Top Ten

Shapella’s stable rollout likely drove positive sentiment to Ethereum staking-based protocols.

(Shutterstock)

Tech

Developers Block Potential ‘Eight-Figure’ Exploit Involving Cosmos-Based Ethermint

Ethermint enables the use of Ethereum smart contracts within the Cosmo ecosystem and is employed by several chains, including Cronos, Kava and Canto.

Two RPC interfaces for Polygon and Fantom were impacted in a DNS hijack attack. (Mika Baumeister/Unsplash)

Finance

Dogecoin Surges 5.8% as Traders Anticipate Elon Musk's Next Move

Dogecoin is beginning to retrace this week's slump after hype waned following Twitter's logo change.

A shiba inu the inspiration behind Dogecoin. (Minh Pham/Unsplash)

Finance

Solana Dog Token Darling Bonk Inu Releases BonkSwap DEX

Bonk inu was one of the hottest Solana tokens earlier this year, leading a frenzied market at the time.

Bonk Inu developers say they want to showcase Solana's capabilities. (Bonk Inu)

Finance

DeFi Protocol Yearn Finance Impacted in Nearly $11M Exploit That Occurred Via Aave Version 1

The exploiter was able to steal millions of U.S. dollar-pegged stablecoins, data shows.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Finance

Ether Trades Flat After Ethereum Shanghai Upgrade

Analysts had been divided on how prices might react.

ETH price chart (CoinDesk and highcharts.com)

Markets

Bitcoin Bulls, Bears Wrestle Amid Hopeful Signs in Latest Inflation Data

Volume returned to crypto markets as investors digested the March Consumer Price Index. Bitcoin super-whales may offer a base of support for prices.

(Getty)

Finance

DeFi Insurer Nexus Mutual Demands $2M Refund From Euler Hack Claimants. One User Traded it Anyway

Euler's hacker returned most of the money, putting the insurer that already paid claims in a pickle. Members of Nexus Mutual could get lawyers involved if the $2 million they’re owed isn’t returned.

(DALL-E/CoinDesk)

Tech

Only a Tiny Amount of ETH Is Poised to Be Withdrawn After Ethereum Shanghai Upgrade, Nansen Says

Less than 1% of previously staked ETH is in the queue waiting to be withdrawn.

(Dall-E/CoinDesk)