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
Exploit of Fantom, Moonriver and Dogechain Crypto Bridges Confirmed by Multichain Team
“It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain,” developers said early Friday.
Multichain Bridges Exploited for Nearly $130M Across Fantom, Moonriver and Dogechain
Multichain developers told users to revoke smart contract approvals after locked funds had been moved to an unknown address abnormally.
Centralization Comes to DeFi as Group Behind MIM, SPELL Tokens Mull Legal Shakeup
A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens.
Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH
The Aave token has risen by 7.24% in the past 24 hours.
Coinbase's Base Prepares for Mainnet Launch With Slew of Security Audits
Base has engaged with over 100 external security researchers to test its forthcoming layer 2 blockchain.
COMP Token Rises by 50% in 4 Days Amid Flurry of Whale Activity on Binance
One wallet deposited $3.5 million worth of USDT and withdrew $7.76 million in Compound's COMP tokens this week.
Horizen Scraps Privacy Coin Moniker Amid Regulatory Scrutiny
Horizen says it's now simply a layer 0 blockchain after deprecating the shielded pools on its main chain.
Blur, Arbitrum Lead Altcoin Surge as Traders Anticipate Bull Run
Trading volume for Blur has increased by 1,240% in the past 24-hours after it was listed on Upbit.
Terra Classic Revival Plans Continue as 6 Engineers Aim to Revive LUNC Ecosystem
Some LUNC token holders remain committed to a Terra ecosystem revival.
Bitcoin Cash Prices Spikes to 4-Month High; Open Interest Rises to 77%
Bitcoin Cash was one of four assets listed on Citadel-backed exchange EDX this week.
