Crypto market participants continue to recalibrate following the abrupt shocks emanating from FTX’s woes. As we have covered in recent editions of State of the Network, the on-chain footprint of Alameda’s wallets stretched long and far across many crypto assets and blockchains. As [...]
In a shocking turn of events, FTX suffered an unexpected downfall. In this State of the Network issue, we use on-chain data to investigate the details surrounding FTX’s fall.
More than a decade has passed since bitcoin was launched as crypto’s first digital currency. The digital asset ecosystem has grown exponentially in breadth and complexity since then. Coin Metrics counts thousands of coins across our suite of data products. [...]
Through the Blockchain and Beyond: Combining On-Chain and Off-Chain Data with Coin Metrics Charting Tools
At Coin Metrics, we recently announced new market data capabilities in our charting tools, including exchange and exchange-asset pair metrics. In this SOTN, we walk through some examples where combining on-chain and off-chain data empowers users to make better insights.
Decentralization diehards are dancing with the devil, with yield and regulation pushing protocols towards the temptation of trusted third parties. On Monday, DeFi protocol MakerDAO voted to custody $1.6B of USDC with Coinbase's institutional division, earning 1.5% rewards on a [...]
In the age of digital technologies, copy-paste, and open-source code, the great innovation encoded in Bitcoin and in later crypto assets was a concept that was alien and absurd in the digital world: scarcity. And yet, opponents of crypto assets [...]