nansen

CDCROP: Binance Logo (Danny Nelson/CoinDesk)
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.
CDCROP: Binance Logo (Danny Nelson/CoinDesk)

Money (Alexander Grey/ Unsplash)
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)

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)
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)

Nansen Query (Nansen)
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.
Nansen Query (Nansen)

Binance Trade Show logo (Danny Nelson/CoinDesk)
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.
Binance Trade Show logo (Danny Nelson/CoinDesk)

Tether logo (Nikhilesh De/CoinDesk)
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 logo (Nikhilesh De/CoinDesk)

Binance withdrawals outflows Nansen Feb 13
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.
Binance withdrawals outflows Nansen Feb 13

CDCROP: Close Up Image Of A Stock Market Graph (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.
CDCROP: Close Up Image Of A Stock Market Graph (Getty Images)

CDCROP: Huobi logo on a smartphone (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
CDCROP: Huobi logo on a smartphone (Shutterstock)

Binance App on Smartphone Mobile (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.
Binance App on Smartphone Mobile (Michael M. Santiago/Getty Images)