Nansen

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67% of New NFTs Minted Are Profitable: Nansen Data
According to Nansen data 67 of new non fungible token NFT mints in May are profitable Separately Dune Analytics notes a declining number of monthly active traders this year on Opensea the largest NFT marketplace amid increased weekly volume on Blur an NFT platform geared towards professional traders Coin Desk's Jennifer Sanasie presents The Chart [...]
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Binance (Nikhilesh De/CoinDesk)
Binance Withdrawal On Track to be Largest Since March Crypto Banking Crisis
Blockchain data shows that the exchange endured some $503 million in net outflows on Monday amid SEC charges.
Binance (Nikhilesh De/CoinDesk)

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Nansen Cuts 30% of Staff To Reduce Expenses; Binance Says it Needs to 'Focus on Talent Density'
Nansen a blockchain data analytics platform announced a 30 reduction in headcount on Tuesday as it looks to cut costs alongside a continuing slump in cryptocurrency markets Meanwhile crypto exchange Binance said it needs to focus on talent density across its organization as it responded Wednesday morning to a report of job cuts The Hash [...]
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Unemployment Line Great Depression Layoffs Firing (Pixabay)
Nansen Slashes 30% of Headcount in Bid to Cut Costs
The company said it has multiple years of runway ahead, despite the need to now reduce expenses.
Unemployment Line Great Depression Layoffs Firing (Pixabay)

Binance suffers outage (Unsplash)
Staking Platform Agility Soared After Ethereum’s Shapella Upgrade, but It’s Suffered Ever Since
Key metrics like total value locked (TVL) and the price of its AGI token have tumbled recently, following their post-Shapella runup.
Binance suffers outage (Unsplash)

Anti-Government Protests in Hong Kong
‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools
PEPE token has dropped 66% since last week, when it reached a $1.8 billion market capitalization after a staggering rally.
Anti-Government Protests in Hong Kong

CDCROP: Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 (Getty Images)
Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo
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.”
CDCROP: Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 (Getty Images)

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Ether Staking Deposits Top Withdrawals For First Time Since Shanghai Upgrade
Ether ETH holders are rushing to stake their tokens with network validators pushing deposit activity to the highest level since the Shapella upgrade earlier this year More than 200 000 ether have been deposited to the network since the start of the week according to data from Nansen e Toro US Investment Analyst Callie Cox [...]
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Ethereum Highway Sunset (Dall-E/CoinDesk)
Only a Tiny Amount of ETH Is Poised to Be Withdrawn After Ethereum Shanghai Upgrade, Nansen Says
Less than 1% of previously staked ETH is in the queue waiting to be withdrawn.
Ethereum Highway Sunset (Dall-E/CoinDesk)

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Binance’s On-Chain Balance Stands at Nearly $65B Despite CFTC Lawsuit: Nansen Data
Data from blockchain analytics firm Nansen reveals that Binance's on chain balance remains high despite the CFTC suit against the crypto exchange that dropped this past week Nansen Customer Success Manager Jason Meng discusses what the on chain analytics tool provider is seeing in regards to Binance's outflows following regulatory turbulence for the world's largest [...]
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