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Nansen
Curve Finance Recovers 73% of Exploited Funds
Curve Finance has recouped roughly 73% of funds stolen during a hack, which saw the platform lose over $73 million worth of various tokens, according to blockchain security company Peck Shield. Nansen analyst Sandra Leow discusses her take about the early August exploit and the implications for the wider DeFi ecosystem.
Avalanche Blockchain Usage Grew in Second Quarter: Nansen
The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health – increase significantly in the period.
Wintermute, a Major Trader, Is a Key Player in Arkham’s Controversial Dox-to-Earn Platform
The liquidity provider just withdrew 8 million of Arkham’s ARKM token from Binance, increasing its position by 731%.
Azuki NFT Floor Price Has Fallen Over 60% in the Past 30 Days: Nansen
According to Nansen, the floor price of Chiru Labs' popular Azuki NFT collection has declined by 63% over the past 30 days. This comes after some critical reactions from the crypto community over Elementals, the company's new NFT collection. CoinDesk’s Jennifer Sanasie presents "The Chart of the Day."
NFT Creator Royalty Payments Sunk to Two-Year Low in June: Nansen
A new report from data analytics platform Nansen shows that royalty payments sunk to a two-year low in the month of June. This comes after NFT royalty payments reached their peak in April 2022, contributing to a collective 28,000 ETH in one week of creator earnings. CoinDesk's Jennifer Sanasie explains the sharp decline in "The Chart of The Day."
NFT Creator Royalty Payments Hit Two-Year Low: Nansen
The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space.
Coinbase Traders Withdraw $600M in a Day Amid SEC Lawsuits
The U.S. Securities and Exchange Commission sued Coinbase for violating federal securities laws on Tuesday, a day after filing a lawsuit against rival exchange Binance.
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. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
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.
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" panel discusses what to make of the continued crypto layoffs in the latest fallout of the ongoing bear market.