USDC, the fifth most popular cryptocurrency coin, and trusted stablecoin, lost its peg to the US dollar on Saturday, March 11, 2023. The coin’s value decreased from $1 to a low of $0.887. The majority...
Tag: OnChain
Vulnerability Remained On-Chain for 8 Months
Omniscia, the auditing partner of Euler Finance, has released a post-mortem report on the same which stated that the vulnerability that was exploited by the malicious hackers originated from the decen...
KYVE mainnet launch on Pi Day brings decentralized, trustless data lakes on-chain
On-chain data verification network KYVE successfully launched its mainnet on Pi Day (3/14) at 3:03:14 PM CET on March 14 after nine months of development. The decentralized data lake is built using th...
Mysterious Shiba Inu (SHIB) Trader Nets Huge Profit Selling Ethereum (ETH) During USDC Depegging: On-Chain Data
A mysterious Shiba Inu (SHIB) trader pocketed millions of dollars in the wake of the USD Coin (USDC) depegging, according to on-chain data. Blockchain tracking firm Lookonchain says that as the USDC s...
Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
Circle Internet Financial’s USDC stablecoin saw almost $3 billion in net redemptions, defined as the total number of USDC burned minus the number of USDC minted between Friday, March 10 and press time...
Circle Begins USDC Redemptions as It Burns 314 million USDC: On-Chain Data
Following the unexpected collapse of Silicon Valley Bank on Friday, there were inquiries regarding the vulnerability of Circle, one of the leading companies in the crypto industry and the issuer of th...
Ethereum Whales Abruptly Move Over $357,000,000 in ETH As Crypto Markets Brace for New Week: On-Chain Data
Crypto whales were on the move over the weekend as several large transactions worth over $350 million were spotted on the Ethereum (ETH) network. First seen by blockchain-tracking service Whale Alert,...
Crypto Platform Huobi Exchanged $100,000,000 USDC for DAI During Stablecoin Depegging Scare: On-Chain Data
Crypto exchange Huobi converted $100 million worth of USD Coin (USDC) to Dai (DAI) as uncertainty spread in the stablecoin market this weekend, on-chain data shows. According to blockchain tracking fi...
Ethereum Whale Moves 258,837,671,569 Shiba Inu (SHIB) in One Massive Transaction: On-Chain Data
One of the largest Ethereum (ETH) whales in existence is turning heads, shifting over a quarter of a billion Shiba Inu (SHIB) tokens in one massive transaction. Blockchain-tracking service Etherscan s...
Coinbase wants to bring millions of users on-chain with launch of Wallet Quest
Yesterday Coinbase Wallet announced the launch of Quest, an educational program aimed at bringing millions of users on-chain. Coinbase Wallet users can now start earning crypto rewards by completing q...
On-Chain Prediction Markets: How to Make Them Work For You
People bet on the outcome of events using On-chain prediction markets, Decentralized Finance services built on a blockchain network. Through on-chain prediction markets, users can buy and sell tokens ...
On-chain data shows bullish growth for game-fi universe
According to DappRadar’s most recent Games Report, on-chain gaming activity rebounded from a “tough” 2022 in early 2023. Leading the charge in momentum are the usual incumbents in the game-fi sector, ...
Nansen officially releases Query product for on-chain analytics
Blockchain data platform Nansen officially launched Query, a product that provides programmable access to blockchain datasets for crypto teams to perform data analytics. Query is built on the Google C...
Ethereum Creator Vitalik Buterin Nets Nearly $700,000 As Billionaire Sells All His Free Memecoins: On-Chain Data
A leading blockchain tracking firm says Ethereum (ETH) creator Vitalik Buterin is selling all his free meme coins that he was gifted. According to data from Lookonchain, Buterin recently sold $693,000...
Vitalik Buterin cashes out his free shitcoins, on-chain data shows
Ethereum co-founder and famous computer scientist Vitalik Buterin has reportedly sold some of his free shitcoins, according to on-chain data from Etherscan. Ethereum co-founder and famous computer sci...
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
The hopeful optimism of Bitcoin (BTC) traders seemed to dissipate in the first week of March as key on-chain metrics provided resistance. Now Bitcoin price is threatening a retest of the $22,000 level...
Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals…
BTC’s NUPL suggests that the coin has commenced a new bull cycle. However, increasing coin dump indicates a lack of investors’ confidence. In a new report, CryptoQuant analyst Sachi found that the as...
On-Chain Data Analyst Spots Massive Amount of Stablecoin Deposits
On-Chain Analyst tweeted that many stablecoins have been deposited across many exchanges. 73% of the community thinks that the scenario is bullish while 27% think otherwise. BTC loses approx. 5% of it...
Bitcoin On-Chain Activities Are Soaring Against the Regulatory Tide: Report ⋆ ZyCrypto
Advertisement     The introduction of NFTs on the blockchain has increased on-chain transactions to record highs. The rising network usage comes despite the heavy-hand...
How on-chain data can possibly prevent the next SBF, according to Arkham Intel CEO
Episode 16 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Arkham Intelligence Founder and CEO Miguel Morel. Listen below, and subscribe to The Scoop on Apple,...
Over $60,750,000,000 in Bitcoin Has Been Inactive for More Than a Decade: On-Chain Analyst Willy Woo
Widely followed on-chain analyst Willy Woo says that millions of Bitcoin (BTC) have remained untouched for the past 10 years. Woo tells his one million Twitter followers that more than $60.75 billion ...
On-Chain Data Shows Rising Ethereum Gas Fees ⋆ ZyCrypto
Advertisement     Increasing competition among the top marketplaces and new projects entering the market is driving positive sentiment. Upstart marketplace Blur recent...
Solana CEO hoses down claims network outages caused by on-chain voting
Anatoly Yakovenko, the founder and CEO of Solana Labs, has denied claims that Solana’s network outages were being caused by a high volume of validator messages and its on-chain voting system clogging ...
Crypto Billionaire Sends $327,000,000 in Ethereum (ETH) to DeFi Staking Project: On-Chain Data
Crypto billionaire Justin Sun has sent hundreds of thousands of Ethereum (ETH) to liquid staking service Lido Finance (LDO). The blockchain-tracking Twitter account Lookonchain reports that the Tron (...
‘Smart Money’ Shiba Inu Whale Suddenly Transfers 182,214,438,344 SHIB to Crypto.com and Gemini: On-Chain Data
On-chain data shows a savvy crypto whale in the Shiba Inu ecosystem is making moves that previously preceded major volatility for SHIB. First reported by blockchain tracking firm Lookonchain, data fro...
Coinbase launches Base testnet & enhances dapps onchain
Incubated within Coinbase, Base testnet goes live with the ability to enable developers to come up with secure and low-cost decentralized applications. Base has been developed with the intention of ke...
Shiba Inu Facing A Selloff? On-Chain Analyst Issues Warnings
Shiba Inu could face a major sell-off in both the short and medium term, which could hit the price hard. There are two “SHIB whales” that could pose a threat to the cryptocurrency’s current uptrend. W...
Voyager is selling crypto assets through Coinbase, suggests on-chain data
Voyager Digital, the centralized finance (CeFi) platform that filed for Chapter 11 bankruptcy in July 2022, is reportedly selling assets through the Coinbase crypto exchange. On-chain data suggest tha...
Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally
Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data sugge...
Introducing D5 Exchange: A revolutionary on-chain order book DEX built on Ethereum
“Not your keys, not your coins” is a phrase that has reverberated around the world of crypto more and more in recent times. While a centralized exchange (CEX) and its order book model can offer a grea...
On-Chain Analyst Willy Woo Says Bitcoin Short Squeeze Now on the Table As BTC Indicators Flip Bullish
Popular on-chain analyst Willy Woo says Bitcoin (BTC) could be due for a short squeeze in the near future. Woo tells his 1 million Twitter followers that BTC’s fundamentals are picking up. “Fundamenta...
The on-chain metric that could signal a bear market reversal
Ad Realized price is a metric often used to determine market movements in bear and bull markets. Defined as the value of all Bitcoins at the price they were bought divided by the number of circulating...