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

Tech

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.

By Shaurya MalwaMay 25, 2023

A illustrative example of a Tornado. (NOAA)

Finance

Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool

Multichain’s current upgrade is taking longer than expected, causing delays in their transactions.

By Sage D. YoungMay 24, 2023

Zipmex to reopen withdrawals. (Regularguy/Unsplash)

Finance

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls

Meme coin traders poured capital into several pizza-related tokens on Monday as rug pulls put a dampener on the anniversary of the first purchase made with bitcoin.

By Oliver KnightMay 22, 2023

Tech

ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth

Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.

By Shaurya MalwaMay 18, 2023

Markets

Absence of Retail Investors Could Stand in the Way of Pepecoin's Rise to Top Meme Coin: Santiment

A Santiment report said that pepecoin (PEPE) could face challenges amid a generally bleak trading environment.

By Shaurya MalwaMay 18, 2023

Tech

Lido Community Members Propose LDO Token Staking and Buyback Plan

The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”

By Sage D. YoungMay 18, 2023