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


Фінанси

Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade

Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol.

VELO/USDT chart (TradingView)

Технології

Uniswap Community Votes Down Protocol Fees for Liquidity Providers

The initial snapshot poll was voted against by the community in a surprising move.

Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)

Фінанси

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market

The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.

(Bernd Dittrich/Unsplash)

Фінанси

Sui Blockchain Signs Multiyear Deal With Red Bull Racing

Sui will roll out a series of digital experience for racing fans over the coming months.

(Unsplash)

Фінанси

Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%

FLEX holders can convert their tokens for OX at a ratio of 1:100.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Фінанси

Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun

Multichain's team says it cannot maintain some cross-chain bridges without getting access permissions from its AWOL chief.

Puente. (Aleksandr Barsukov/Unsplash)

Технології

5 Years After the $500K Ethereum Wager Between Joe Lubin and Jimmy Song, Who Won?

The wager made at Consensus 2018 between the two blockchain eminences hinged on how far Ethereum adoption would get by now. Crypto analysts say the network appears to have met a key threshold, or at least gotten very close.

From the left, Joe Lubin, Jimmy Song, and Brady Dale. (CoinDesk)

Фінанси

The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook

Canto's slide is an example of fickle crypto investors' lack of appetite in DeFi.

(Mohan Murugesan/Unsplash)

Технології

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.

(Adi Goldstein/Unsplash)

Фінанси

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.

Lybra Finance TVL (Defillama)