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Millions in Bitcoin Withdrawn After 1.96 Million AVAX Transferred to Exchanges: Zachxbt
22.6.2024
Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has declined almost 10% in the last 24 hours. AVAX Declines Amid Onchain...
Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly
20.6.2024
According to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights Explosive Growth in Monthly Stablecoin Transfers In recent years, stablecoin assets have gained...
German Law Enforcement Transfers $425M in Bitcoin From Seized Funds
19.6.2024
Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities...
Institutional DeFi players will bring commercial real estate onchain: KPMG exec
19.6.2024
DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said
Vitalik Buterin endorses TiTok AI for onchain image storage
15.6.2024
TiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications
UwU Lend faces second hack during $20M reimbursement process
13.6.2024
UwU exploiter strikes again and steals $3.5 million from the lend protocol as they begin the reimbursement process
Bitcoin Runes outperforms BRC-20 in onchain activity
12.6.2024
Since April 2024, Runes have led Bitcoin network activity, outpacing both Ordinals and BRC-20 in transaction share
The acquisition of CTG by Uniswap Labs will scale up onchain experiences
11.6.2024
CTG (Crypto: The Game) is well known as an interactive and onchain internet game among gaming enthusiasts. The creative team at the CTG will become a part of the Uniswap Labs, and they will continue their mission by working on the much-awaited Season 3. The creative team at CTG is passionate about...
Uniswap Labs Acquires Onchain Survival Experience Crypto: The Game
11.6.2024
Uniswap Labs has announced the acquisition of Crypto: The Game (CTG), an onchain experience mimicking mainstream TV shows like Survivor with a crypto element. The experience involves the participation of several contestants in a series of challenges to gain immunity and avoid being voted out. With...
Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend
10.6.2024
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...
Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice
9.6.2024
Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving. The increase derived from a rise in onchain fees. However, by the following day, bitcoin...
Worldwide searches for ‘onchain’ on Google hit all-time high
4.6.2024
“The learning phase is over. A new era is coming,” says CryptoQuant CEO Ki Young Ju
May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements
31.5.2024
According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner...
Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH
28.5.2024
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache...
GCR’s Hack Possibly Tied to Solana’s CAT Coin Team, Onchain Sleuth Zachxbt Reports
27.5.2024
On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested by onchain sleuth Zachxbt. Prior to the hack, an address linked to CAT’s team used funds from a manipulated token launch to open long positions in ORDI and ETHFI...
Onchain Fees for Bitcoin Drop to Six-Month Low
24.5.2024
Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows...
Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
19.5.2024
The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onchain and market data platform Cryptoquant...
Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer
15.5.2024
The ecosystem fund is denominated in Bitget Wallet’s native token, BWB, which is scheduled for debut this quarter
Chilliz and Azuro Partner to Tap Into Growing Onchain Sports Prediction Market
9.5.2024
Chiliz, the owner of the blockchain sports rewards platform Socios.com, and Azuro, the liquidity layer for onchain predictions, have partnered to grow the onchain sport prediction market.
The post Chilliz and Azuro Partner to Tap Into Growing Onchain Sports Prediction Market appeared first...
Base launches second Onchain Summer to boost blockchain user Base
6.5.2024
Base, which is Coinbase’s Layer 2 blockchain, greets the second replay of its Onchain Summer, via which it will reach out to developers to add users to the blockchain. In order to commemorate the event, Base plans to organize an online hackathon from the 3rd of June till the 3rd of July...