Since the price of BTC started to increase, whales have sent a total of 423,914 BTC to other addresses on the blockchain. That’s equal to 5.5 billion dollars divided up in “smaller wallets” which hold under 1,000 BTC.
On September 30th the Pickle team announced that something had gone wrong and they couldn’t retrieve people’s funds. What we see happen on chain is a clear reduction in activity starting on that date.
SushiSwap, which went live on August 28th, has been called a “vampire protocol” by some due to its intention of sucking Uniswap’s liquidity and migrating it to its own ecosystem. In truth, Uniswap only benefited from SushiSwap’s enormous liquidity and riveting drama. Here’s a breakdown of what happened.
Ethereum whales are undoubtedly driving the decentralized finance (DeFi) movement by depositing millions of dollars into decentralized liquidity pools to earn interest. But how much are they actually making?
Today we launched the Algorand Community Console, a new interactive platform for users to dive deeper into Algorand’s blockchain data. With DeFi and cryptocurrency markets moving so rapidly, we found it important for users to be able to examine what is happening on-chain, in real time. Anyone can access it for free at algorand.flipsidecrypto.com.
SushiSwap, a fork of Uniswap’s decentralized exchange, is quickly becoming a DeFi giant, with currently $1.4B total value locked. Above is a visualization of SUSHI token net asset flows from September 1-4.
On Thursday August 14th, an anonymous DeFi user deployed Curve Finance’s Decentralized Autonomous Organization (DAO) and token smart contracts without the team’s permission. Around 80,000 Curve Tokens were mined before the official launch several hours later.
An increasing number of people are locking up their bitcoin with renBTC, and then trading their renBTC for wBTC to get into Ethereum anonymously.
Qtum is the latest in a series of
The latest incentive farm is YFI – the governance token for Yearn.Finance.
A preview of Flipside’s new dashboards compares 6 exchanges’ reported trading volumes to the amount of deposits and withdrawals made on-chain, in order to highlight suspicious activity.
Blockstack is the latest in a series of blockchain projects to join the Flipside Data Cooperative – a transparency initiative for partner networks to showcase their on-chain activity publicly.
Legend: The active supply of the Basic Attention
On June 29th, Binance swapped 300M Tether on TRON for USDT on Ethereum. Here’s why.
The distribution of LINK tokens across the Chainlink network reveals an increase in “top holders” – or the accounts that hold a meaningful percentage of the active supply.