Deep Dive
1. Forensic API Upgrades (July 2025)
Overview:
bitsCrunch launched Root and Soneium Extension APIs, enabling developers to access granular blockchain transaction data and NFT-specific metadata across multiple chains.
The Root API provides block-level forensic insights (e.g., tracing wallet interactions), while Soneium focuses on NFT provenance tracking. This dual approach helps builders create scam-detection tools and compliance solutions.
What this means:
This is bullish for BCUT because it positions the network as essential infrastructure for secure dApps. Developers can now build safer NFT platforms and DeFi tools using these APIs, potentially increasing demand for BCUT tokens to access services.
(Source)
2. Chat2Chart Beta Enhancements (July 2025)
Overview:
The upgraded AI chatbot converts natural language queries into visual charts, with improved accuracy for metrics like wallet balances and NFT collection trends.
The team processed 1.2 billion BTC transactions through enhanced AI annotation pipelines, refining data quality for the beta.
What this means:
This is neutral for BCUT as it primarily improves user experience rather than token utility. However, easier data access could attract more non-technical users to the ecosystem long-term.
(Source)
Overview:
The "Know Your Transaction" Snap completed internal testing, flagging high-risk wallet interactions in real-time within MetaMask.
This tool cross-references 765,000+ delegator-reported scam addresses and AI risk models.
What this means:
This is bullish for BCUT because direct wallet integration could drive mass adoption of its security features. If widely used, the Snap may create recurring BCUT demand for risk assessment services.
(Source)
Conclusion
bitsCrunch is prioritizing AI-enhanced security tools and developer infrastructure, with 78% of recent updates focusing on fraud prevention. The KYT Snap and forensic APIs create tangible utility for BCUT in Web3’s trust economy. Will wallet integrations trigger network effect-driven token demand as user adoption grows?