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

Avalanche Blockchain's X and C Networks See Brief Outage

On-chain data shows that transactions sent over X-Chain are lagging, while C-Chain has recovered from an earlier outage.

Bitcoin is reaching new highs for the year. (Jim Smithson/Getty Images)

Finance

Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Technology

The new platform called Gotchichain is being designed to give gamers lower fees and faster transaction times.

Aavegotchi's "Aavevenger" wearables

Markets

Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say

Tether sold at a slight premium earlier this month even as most stablecoins were dented.

(Nikhilesh De/CoinDesk)

Web3

S. Korean Gaming Giant Nexon to Use Polygon for Popular MapleStory Universe

MapleStory Universe will launch a private Supernet on Polygon for the new game.

MapleStory gameplay (YoutTube)

Tech

IoTeX Blockchain's DAO Votes to Add Ether Liquid Staking Derivatives

The proposal seeks to make the network more secure by increasing the number of people who validate transactions on the platform.

(Roibu/Shutterstock)

Markets

Crypto Users Bridge Millions to zkSync Blockchain in Hopes of Token Airdrop

Over $8 million worth of tokens has been bridged to the network in the past week in anticipation of an airdrop, one that hasn't been confirmed.

(Mufid Majnun/Unsplash)

Tech

Dfyn Version 2 Goes Live With On-Chain Limit Orders and Enhanced DEX Security

The new version features dedicated vault contracts to protect against liquidity pool exploits, which have accounted for upward of $300 million in user losses since the start of this year.

(Nicholas Cappello/Unsplash)

Finance

On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg

One wallet made $16.5 million in a day trading tether for USD coin and DAI.

Pérdida de paridad de USDC. (Cryptowatch)

Finance

Crypto Exchange Orca to Block U.S. Traders From Website

The top decentralized exchange on Solana will restrict U.S. trading activity on orca.so beginning on March 31.

Orca founders Yutaro Mori (left) and Ori Kwan (Danny Nelson/CoinDesk)

Finance

Google Searches for Arbitrum Soar Amid Airdrop Announcement

The Arbitrum token will be airdropped to users next Thursday.

Google searches for Arbitrum by region (Google Trends)