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Nansen Report: Arbitrum Airdrop Had Positive Impact on Adoption of Network Amid Negative Crypto Market Conditions
14.6.2023
According to a new report by blockchain analytics firm Nansen, the airdrop conducted by Arbitrum has led to an all-time high in both the number of users and transactions on the network.
This development comes despite significant bearish sentiment in the broader markets.And while the surge...
Here’s what happened to Arbitrum post-airdrop
14.6.2023
The number of new wallets making initial transactions has gradually decreased post-airdrop, indicating a decline in new user adoption following the event
Coinbase Traders Withdraw $600M in a Day Amid SEC Lawsuits
6.6.2023
The U.S. Securities and Exchange Commission sued Coinbase for violating federal securities laws on Tuesday, a day after filing a lawsuit against rival exchange Binance
Binance sees $778M net outflows on Ethereum blockchain amid SEC charges: Nansen
6.6.2023
The SEC lawsuit against Binance led to an outflow of over $700 million worth of assets on Ethereum in the past 24 hours with outflows from the exchange still dominating inflows
Binance Endures $69M in Net Outflows Within an Hour, Amid SEC Charge: Nansen
5.6.2023
The world’s largest crypto exchange was sued for multiple securities law violations by the U.S. Securities and Exchange Commission on Monday
Blockchain Analytics Firm Nansen Cuts 30% of Staff Amid Market Slump
31.5.2023
Blockchain analytics firm Nansen is cutting 30% of its staff, the company’s CEO Alex Svanevik announced via Twitter on Tuesday.
Svanevik said that the decision to reduce the company’s cost base, which is “too high relative to where the company is today”, was based on the fact that Nansen...
Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
31.5.2023
Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have been redeemed thus far. Within the span of...
Nansen lays off 30% of its workforce
30.5.2023
The CEO of Nansen cited two reasons for the layoffs, including an overly aggressive hiring phase during the bull market and the prolonged crypto bear market that followed
Nansen Slashes 30% of Headcount in Bid to Cut Costs
30.5.2023
The company said it has multiple years of runway ahead, despite the need to now reduce expenses
Staking Platform Agility Soared After Ethereum’s Shapella Upgrade, but It’s Suffered Ever Since
12.5.2023
Key metrics like total value locked (TVL) and the price of its AGI token have tumbled recently, following their post-Shapella runup
‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools
11.5.2023
PEPE token has dropped 63% since last week, when it reached a $1.8 billion market capitalization after a staggering rally
Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen
10.5.2023
The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals
Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo
9.5.2023
According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”
Today in Crypto: Visa’s ‘Ambitious Crypto Product Roadmap’, Bitget’s On-ramp Service for Visa & Mastercard Crypto Purchases, Fractal & XRPL Partner on KYC/AML, Aptos Labs Teams Up with Ledger
25.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Visa’s ‘Ambitious Crypto Product Roadmap’, Bitget’s On-ramp Service for Visa & Mastercard Crypto...
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
19.4.2023
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether...
Nansen Makes Sense of On-Chain Activity
17.4.2023
Being able to spot trends in on-chain transactions gives users insight and information to navigate the cryptocurrency financial system. Making transparency practical is why Nansen is one of CoinDesk’s Projects to Watch 2023
Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH
17.4.2023
Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%
Only a Tiny Amount of ETH Is Poised to Be Withdrawn After Ethereum Shanghai Upgrade, Nansen Says
12.4.2023
Ahead of the late-Wednesday change, also known as Shapella, less than 1% of previously staked ETH is in the queue waiting to be withdrawn
Binance’s On-Chain Balance Stands at $64B, Nansen Data Shows
29.3.2023
Tether (USDT), bitcoin (BTC), ether (ETH), binance usd (BUSD) and bnb coin (BNB) make up around 81% of Binance’s total balance
Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit
28.3.2023
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in...