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


Finance

TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

Traders are still making multi-million dollar bets on a depeg, however.

(Prime Trust, modified by CoinDesk)

Markets

Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High

Traders are scrambling for bitcoin calls or bullish bets after the cryptocurrency's sudden rally to nearly $31,000.

Volumen mundial de trading de opciones de bitcoin. (Laevitas)

Markets

Bitcoin Holdings in One Coinbase Custody Wallet Jumped by 2.5K After BlackRock ETF Filing

The wallet previously held over 5,000 bitcoin that were deposited May 19-20, the data show.

(Unsplash)

Finance

Tether Issues USDT on Kava Blockchain; KAVA Token Climbs 5%

Tether is looking to improve the stablecoin's liquidity across multiple blockchains.

A kava farm (Scot NElson/Flickr/Wikimedia Commons)

Tech

Arpa Network Goes Live on Ethereum Mainnet

Arpa Network will also initiate the minting of the remaining 500 million arpa (ARPA) tokens that have been reserved for staking rewards out of its max supply.

(Shubham Dhage/Unsplash)

Markets

Bitcoin Price Spikes to $138K on Binance.US

The exchange’s market depth has declined nearly 80% over the past month on regulatory woes.

Bitcoin price wicked to $138,000 in early morning hours today. (TradingView)

Finance

Atomic Wallet Hackers Use THORChain to Conceal Stolen $35M Funds

The hackers, believed to be North Korean hacking group Lazarus, have been using cross-chain bridges and liquidity protocols to mix stolen funds.

Hacker (Towfiqu Barbhuiya/Unsplash)

Finance

Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals

A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users.

Binance sets up lightning network nodes (Leon Contreras/Unsplash)

Tech

Latest Cardano Node Upgrade Goes Live on Mainnet

The upgrade 8.1.1 also contains software patches for minor issues from a previous node version.

(Danny Nelson/CoinDesk)

Finance

Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown

Over-the-counter demand is on the rise as spreads remain tight across OTC desks.

(Shutterstock)