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

Single Trader Lost $55M on Ether Long Yesterday

That was nearly 30% of all liquidated futures on Binance, the data shows.

(Shutterstock)

Tech

SHIB Plunges 9% on Apparent Shibarium Bridge Issues

An important tool for the new layer 2 service went live on Wednesday to a turbulent start.

Bridge have recently been vulnerable to exploits. (Unsplash, modified by CoinDesk)

Tech

De.Fi's Antivirus Tool Releases on zkSync Era Mainnet

The antivirus tool protects users against common malicious crypto exploits, such as phishing, smart contract vulnerabilities, blind signing, and more.

(Getty Images)

Tech

Cardano-Based MuesliSwap to Refund ‘High Slippage’ Losses for Users

Users are said to have lost varying amounts of funds by setting slippage too high due to a “misunderstanding.”

hand holding $20 bill in front of trees

Tech

Fake PayPal USD Tokens Pop up on Several Blockchains

Some of these tokens can’t be sold after purchase, while some can pull the rug at any moment.

A fake dollar

Tech

Cardano Blockchain Transactions Jumped 49% in Q2 on Network Upgrades, New Users

Blockchain load — a measure of how much data is contained in blocks over a certain period — rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May.

(Danny Nelson/CoinDesk)

Finance

'Suspicious' Multichain Wallet Dumps $1.8M of WOO Network Tokens; Price Drops 8%

The wallet is actively selling CRV and YFI tokens on Uniswap.

Hacker (Towfiqu Barbhuiya/Unsplash)

Tech

Arbitrum's Most Popular DEX Goes Live With New Version Offering DOGE Pools at 40%

Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%.

(AhmadArdity/Pixabay)

Markets

Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation

Analysts said it is an attempt to incentivize liquidity to FraxLend's pool from where Egorov has taken a loan of 15.8 million FRAX.

Curve's new pool dedicated to Fraxlend's CRV/FRAX market (Curve)

Markets

Is Sam Bankman-Fried Tied to a New Apparent Crypto Scam Called BALD?

On-chain data shows bald's deployer contract has interacted with Alameda-linked wallets and was an active DeFi participant in the early days.

Despite claims by right-wing political figures, Sam Bankman-Fried was definitely not a free man when he (right) exited a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)