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

$70M in Fresh On-Chain USDC Positions at Risk of Liquidation if Stablecoin Depegs by 10%

Traders betting on a USDC revival are in healthy profit but downside risk remains in the event of another depeg.

On-chain USDC liquidations (DefiLlama)

Marchés

USDC Trading Dominates Record Day for DeFi Exchanges Uniswap, Curve

Decentralized exchanges worked exactly as intended as traders rushed to exchange USDC for wrapped ether and other tokens.

(vlastas/iStock)

Marchés

Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents

Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows.

(Nicholas Cappello/Unsplash)

Finance

DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC

The collapse of Silicon Valley Bank is causing turmoil in crypto stablecoin markets.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finance

Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns

$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System.

Silicon Valley Bank headquarters (Justin Sullivan/Getty Images)

Marchés

On-Chain Liquidations Beckon as Ether Slumps to 2-Month Low

A total of $119 million in on-chain positions are at risk of being liquidated if ether slides by another 20%.

Liquidaciones en la cadena de Ethereum. (DefiLlama)

Finance

DeFi Protocol Tender.fi Hacker Returns $1.6M Following Pricing Oracle Glitch

The bug allowed the hacker to borrow $1.6 million despite depositing just one GMX token worth $70.

Tender.fi's team (Tender.fi Medium)

Finance

Voyager Continues Liquidating Crypto Assets for Circle’s USDC Stablecoin

Amid its ongoing bankruptcy case, Voyager has liquidated more than $80 million since March 8, according to on-chain data sourced from Arkham Intelligence.

Decentralized derivatives platforms have a liquidity problem, Sam Reynolds writes. (Unsplash)

Finance

Vitalik Buterin Dumps Altcoins Worth 220 ETH That Have 'No Moral Value'

The Ethereum co-founder said investors would lose "most of the money" they put into the coins.

Vitalik Buterin shares a new blog post on Ethereum's roadmap to address scaling, privacy, and wallet security. (CoinDesk)

Finance

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

The offboarding proposal won overwhelming support from members of the Aave DAO.

(Roibu/Shutterstock)