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Nalezeno "Nansen": 172

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...

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

26.3.2023
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC...

Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation

17.3.2023
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin...

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

13.3.2023
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following...