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

Solana-Based Crypto Exchange Raydium Proposes $2M Bug Bounty Fund

The proposal is part of a broader effort by Raydium to boost its community’s participation in protocol governance.

By Elizabeth NapolitanoMar 30, 2023

Decentralized exchange Raydium has proposed a bug bounty program. (CoinDesk)

Tech

BNB Chain-Based DEX Level Finance Votes on Transferring $200M to Treasury

A proposal that is supposed to end Friday has received 100% of votes in favor.

By Shaurya MalwaMar 30, 2023

Finance

Crypto Exchange Trader Joe Booms on Arbitrum, Spurring JOE Token Rally

Key metrics began booming right after Trader Joe launched a liquidity incentives program to boost deposits.

By Sage D. YoungMar 29, 2023

Markets

Binance’s On-Chain Balance Stands at $64B, Nansen Data Shows

Tether (USDT), bitcoin (BTC), ether (ETH), binance USD (BUSD) and BNB coin (BNB) make up around 81% of Binance’s total balance.

By Sage D. YoungMar 29, 2023

Tech

Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,' CEO Says

A publicly available token burn function in the contract allowed attackers to manipulate the protocol, some said.

By Shaurya MalwaMar 29, 2023

(Zoltan Tasi/Unsplash, modified by CoinDesk)

Finance

AllianceBlock Strikes Deal With Crunchbase to Bring Traditional Business Data to DeFi

AllianceBlock Data Tunnel users will be able to import Crunchbase data alongside DeFi data.

By Oliver KnightMar 28, 2023

Markets

Binance's BUSD Stablecoin Suffers $500M Outflows After CFTC Lawsuit

Some analysts say the exchange's recent move to include other stablecoins in its zero-fee trading program could have contributed to lessening dependence on BUSD.

By Shaurya MalwaMar 28, 2023

Tech

Hacker Behind $200M Euler Attack Apologizes, Returns Millions in Ether, Dai to Protocol

The attacker sent over 7,000 ether to Euler on Tuesday and seemingly apologized for their actions in a transaction message.

By Shaurya MalwaMar 28, 2023

Finance

Binance Depositors Flee Following CFTC Charges, On-Chain Data Shows

Crypto users have withdrawn roughly $400 million on Ethereum from Binance in the past 24 hours, while Paxos, issuer of the Binance USD, has burned more than $155 million BUSD in the past four hours.

By Sage D. YoungMar 27, 2023