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

Sui Foundation Bins MovEx After Violation of SUI Token Lockup Schedule

MovEx had violated the lockup by initiating three transactions of 625K SUI to three unique wallets, sparking concerns around these excess tokens in the open market.

By Shaurya MalwaJul 27, 2023

Sui Foundation sacks MovEx after token unlock violation (Matt Smart/Unsplash)

Finance

DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing

Sunday marked the lowest daily volume across DeFi since the turn of the year.

By Oliver KnightJul 26, 2023

Finance

Optimism Tokens Worth $36M to Be Unlocked on Sunday; OP Slides 3.5%

Before the previous unlock, the token plunged more than 10% before recovering on the day.

By Oliver KnightJul 25, 2023

Optimism token unlock schedule (token.unlocks.app)

Markets

Move Over Shiba Inu: Crypto Community Flirts With Hamster Race Betting

A bunch of actual hamsters are racing on a new platform, and returns-starved traders are placing BUSD-based bets on who wins.

By Shaurya MalwaJul 21, 2023

Hamster racing appears to be the new craze for the crypto community. (Catherine Falls Commercial/Gettyimages)

Finance

FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears

FTX users have until Sept. 29 to file their bankruptcy claims.

By Oliver KnightJul 20, 2023

FTX users prompted to reset password (FTX)

Markets

Chainlink’s LINK Climbs as Whales Add to Holdings Following Protocol Release

The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.

By Shaurya MalwaJul 20, 2023