Nansen

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

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

(Getty Images)
Polygon Q4 Transaction Volatility Fueled by FTX Collapse, ZK Rollup Testing, Nansen Says
A surge in daily addresses was partially due to the launch of Polygon’s zero-knowledge EVM public testnet. There were also new partnership deals with Starbucks and Instagram.
(Getty Images)

First Hearing in Genesis Bankruptcy Case
First Hearing in Genesis Bankruptcy Case
Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection after being pummeled by two...
First Hearing in Genesis Bankruptcy Case

Huobi Reportedly Sees Over $60M Token Outflows in a Day
Huobi Reportedly Sees Over $60M Token Outflows in a Day
Huobi has experienced outflows of $64 million in the past 24 hours, according to Nansen. It comes after the crypto exchange confirmed a 20% headcount reduction. Tron founder J...
Huobi Reportedly Sees Over $60M Token Outflows in a Day

(Shutterstock)
Crypto Exchange Huobi Sees $60M Token Outflows in a Day: Nansen
On-chain data shows more than $100 million in tokens left the exchange this week, most of them in the past 24 hours, while stablecoin reserves have dropped 9.5% in a week
(Shutterstock)

(Michael M. Santiago/Getty Images)
Nansen Analyst: On-Chain Data Shows Binance’s Financials Are a ‘Black Box’
Andrew Thurman breaks down why the largest cryptocurrency exchange by trading volume may be “tremendously well capitalized” but still veers towards financial obscurity.
(Michael M. Santiago/Getty Images)

On-Chain Data Shows Binance's Financials Are a 'Black Box': Nansen Analyst
On-Chain Data Shows Binance's Financials Are a 'Black Box': Nansen Analyst
"When it comes to [Binance's] financials, it is still very much a black box," says Nansen Analyst Andrew Thurman. Thurman shares on-chain insights of the crypto exchange's res...
On-Chain Data Shows Binance's Financials Are a 'Black Box': Nansen Analyst

Binance In the Spotlight After FTX Implosion
Binance In the Spotlight After FTX Implosion
Binance, the world's largest exchange by trading volume, has faced billions of dollars in net outflows recently, after rival exchange FTX filed for bankruptcy and decreased in...
Binance In the Spotlight After FTX Implosion

(Danny Nelson/CoinDesk)
Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance
Justin Sun deposits $100 million into Binance as outflow hits $1.8 billion, while BNB drops 8% and value departs BSC-based DeFi protocols
(Danny Nelson/CoinDesk)