Nansen


Markets

Binance’s On-Chain Balance Stands at $64B, Nansen Data Shows

Tether (USDT), bitcoin (BTC), ether (ETH), binance USD (BUSD) and BNB coin (BNB) make up around 81% of Binance’s total balance.

Binance Logo (Danny Nelson/CoinDesk)

Videos

Bitcoin Briefly Slips Below $27K as CFTC Sues Binance

Bitcoin (BTC) briefly dipped below $27,000 as crypto traders react to the CFTC suing Binance and its CEO Changpeng "CZ" Zhao. In the last 24 hours, Binance has seen a net outflow of $400 million on Ethereum, according to blockchain analytics firm Nansen. This compares to a net flow of $2 billion over the past seven days. Hxro founder Dan Gunsberg weighs in.

Recent Videos

Finance

Smart Money Staying Put as USDC Remains Off Peg

Data from Nansen shows the total amount held by smart money wallets, and active addresses, are at multi-month lows.

Money (Alexander Grey/ Unsplash)

Markets

Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown

Stablecoin issuer Circle held an undisclosed amount of USDC’s cash reserves at now-failed Silicon Valley Bank.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finance

Nansen Rolls Out Query Product Offering Historical Data to Curate Datasets

The product aims to help firms perform faster on-chain data analyses using unique data from Nansen’s expansive database.

A Nansen query (Nansen)

Markets

TrueUSD Becomes 5th-Largest Stablecoin as Binance Mints $130M TUSD in a Week

Blockchain data shows crypto exchange giant Binance has been relying increasingly on TUSD following a crackdown on its Binance USD stablecoin by U.S. regulators.

(Danny Nelson/CoinDesk)

Videos

Arca Head Of Research On Blur's Rapid Rise

NFT marketplace OpenSea’s dominance in the NFT ecosystem faces a growing challenge from Blur’s rapid ascent. Earlier this week, Blur overtook OpenSea in daily Ethereum trading volume for the first time, according to data from Nansen. Arca Head of Research Katie Talati weighs in on Blur's rapid growth.

CoinDesk placeholder image

Markets

Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins

The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.

Tether. (Nikhilesh De/CoinDesk)

Markets

Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange

Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November.

Monday's net outflows from Binance reached similar levels as during the peak fear about the exchange’s reserves in December. (Nansen)

Videos

Polygon Q4 Transaction Volatility Linked to FTX Collapse, ZK Rollup Testing: Nansen

According to Nansen, the Ethereum scaling tool Polygon saw wide swings in daily transactions and active addresses during the fourth quarter as users scrambled to move funds during the epic meltdown of Sam Bankman-Fried’s FTX crypto exchange. The tremendous addition of daily addresses was also partly due to Polygon’s zero-knowledge EVM public testnet launch. "The Hash" panel discusses the report and the outlook for Polygon.

Recent Videos

Pageof 9