On-chain Data

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."

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."

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.

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.

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.

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.

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.

Bitcoin Price Not Being Suppressed, Selling by Long-Term Holders, Checkmate Says
Long-term holders selling as market consolidates above $100,000.

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.

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.

