On-chain Data

On-chain Data

Pananalapi

The $700 million migration: Why Solv Protocol is ditching LayerZero for Chainlink

The combined migrations by Solv and Kelp shift nearly $1 billion in assets to Chainlink's CCIP, reflecting an industry "flight to quality."

Birds migrating (Nick Fewing/Unsplash)

Web3

Kelp claims that LayerZero approved the setup it blamed for $292 million bridge hack

The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero's "OFT" standard to Chainlink's "CCIP."

Hacker facing screens with lines of code (Boitumelo/Unsplash)

Pananalapi

One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end

Co-founders Da Hongfei and Erik Zhang have conflicting restructuring plans, Da wants independent governance and multi-sig protection; Zhang wants accountability investigations and to remain on the board.

Keys (Filip Szalbot/Unsplash)

Pananalapi

Zondacrypto under fire as Poland's prime minister links exchange to legislative interference

The company also disclosed a 4,500 BTC wallet that it can't access due to missing private keys linked to a former CEO, who's now missing.

Opening a wallet (Aleksandrs Karevs/Unsplash)

Pananalapi

OpenSea Teases SEA Token With Final Phase of Rewards Amid App Launch

Further details will be released in October, nearly 12 months after it was initially announced.

CoinDesk

Merkado

Bitcoin’s Realized Capitalization Climbs to Record High Even as Spot Price Drops

The on-chain metric is rising despite bitcoin falling to more than 12% below its all-time high.

Bitcoin: Realized Cap Drawdown (Glassnode)

Pananalapi

Jump Trading Alums Raise $20M for aPriori to Bring High-Frequency Trading Tools On-Chain

The San Francisco-based startup has secured $20 million in new funding, bringing total capital raised to $30 million.

(Getty Images+/Unsplash)

Merkado

Bitcoin Price Not Being Suppressed, Selling by Long-Term Holders, Checkmate Says

Long-term holders selling as market consolidates above $100,000.

(DALL-E/CoinDesk)

Merkado

Bitcoin DEX Traders Position for Downside Volatility With $85K-$106K Puts, Derive Data Show

Traders chase downside bets in BTC, according to data shared by onchain options platform Derive.

DEX traders chase downside bets in BTC. (Pixabay)

Merkado

Bitcoin Storm Could Be Brewing, Crypto OnChain Options Platform Derive Says

BTC currently faces low volatility, but a storm could be coming, Derive's Nick Forster said.

BTC storm could be looming, per Derive. (Myriams-Fotos/Pixabay)