DeFi Angels, VC Firms Back $2M Round for Data Provider Dune Analytics
Ethereum data firm Dune Analytics, which has stood out from the pack for its focus on DeFi projects, has raised a $2 million seed round.
Arrington Capital and CMS Holdings also invested in the three-year-old on-chain automation startup.
The GameStop saga highlighted the "middleman" issues with services like Robinhood. But the data shows crypto exchanges have their own problems.
The support by Google's BigQuery platform is said to simplify analysis of the network's blockchain data.
After buying 71,079 BTC, the business intelligence company is building its first bitcoin-related software product.
The platform is a step forward in practical uses for Homomorphic Encryption, letting multiple actors conduct analysis while keeping the data encrypted.
Transaction fees make the bitcoin blockchain go round. The miners are compensated for their efforts, not only through inflationary block rewards but also through fees charged to users for adding their transaction to blocks. While fees on average make up about 4% of the total miner revenue per day, with the lion’s share coming from […]