DefiLlama vs. Artemis Dispute: Data Ownership and Ethics in Web3

user avatar

by Giorgi Kostiuk

2 years ago


The recent dispute between DefiLlama and Artemis highlighted the importance of ethical data handling in the Web3 and DeFi spheres. Accusations of data use without proper attribution have stirred significant discussion.

Artemis used DeFiLlama’s data without attribution

A DefiLlama developer, @0xngmi, accused Artemis of using DefiLlama's data without proper attribution. In a tweet that went viral, @0xngmi claimed that a competitor was using the same data from DefiLlama’s database. To verify this, they uploaded random numbers into a dead protocol database and found the same data appeared on Artemis under their name.

This is a bug in our attribution system, we’ve attributed to DefiLlama in other places but missed a few cases, which will be fixed soon.Crystal Tai

Artemis's response

In response, Crystal Tai, an engineer at Artemis, claimed the attribution issue was due to a bug and that they have properly referenced DefiLlama in other instances. Artemis released a statement confirming the misattribution and reassured that corrections are in progress.

Open-source projects are vulnerable to data misuse

The incident with DefiLlama has shed light on how open-source projects can be vulnerable to improper data use. Despite Artemis’s assurances of no malicious intent, critics argue that such incidents undermine trust and highlight the need for more ethical data handling.

The DefiLlama vs. Artemis dispute underscored the significance of transparency and ethics in data handling within DeFi and Web3. As decentralization advances, proper data use remains a key concern.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Central Bank of Ireland Imposes Fine on Coinbase Ireland Limited

On October 22, 2023, the Central Bank of Ireland fined Coinbase Ireland Limited 3,252,618 euros for breaches of safeguarding and outsourcing obligations.

user avatarNguyen Van Long

HashKey RWA Introduces First Product in hToken Series

HashKey RWA has launched its first product in the hToken series, aimed at standardizing the issuance of tokenized securities for traditional financial institutions.

user avatarSatoshi Nakamura

Coinbase Announces Discontinuation of GYEN Stablecoin Support

Coinbase has announced the discontinuation of support for the yen-linked GYEN stablecoin as its issuer, GMOZcom Trust Company, retires the product.

user avatarJesper Sørensen

Hong Kong Approves Secondary Trading for Tokenized Money Market Funds

Hong Kong Securities and Futures Commission approves secondary trading for two tokenized money market funds, enhancing trading opportunities and liquidity.

user avatarRajesh Kumar

Bitmine Immersion Technologies Reports Significant Ethereum Holdings

Bitmine Immersion Technologies has filed an update with the SEC revealing significant Ethereum holdings of approximately 605 million ETH and total investments around $15 billion.

user avatarLucas Weissmann

Stellar's Bell Upgrade Introduces Key Infrastructure Enhancements

Stellar's Bell upgrade introduces significant infrastructure improvements, including muxed contract addresses and support for post-quantum signature verification.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.