Search Results for: Nansen

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 mil millones, marking the lowest number of BUSD in circulation since April 2021. Es más, data indicates…

Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

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Following the Shapella hard fork on April 12, 2023, approximately 332,368 éter, valued at around $699 millón, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, piscina de cohetes, and others have experienced an increase in ether deposits over the last…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

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Los lunes, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be…

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

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Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Desde entonces, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Mientras tanto, a data researcher from Nansen has discovered that Binance,…

Por poco 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Días

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Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Corrientemente, Binance is the most active exchange trading BUSD tokens, and the stablecoin still…

Bitget Expands Innovation Zone With Priority Access to Exceptional Projects

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PRESIONE SOLTAR. Victoria Seychelles, 2023 – Bitget, the leading global crypto derivative exchange, announces to add AI (Inteligencia artificial), Decisión, and NFT zone listings to its Innovation Zone for users who would like to expose their crypto portfolio to related tokens…

Kraken’s Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit ‘Requires Cryptographic Proof’

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El martes, amid the many conversations concerning crypto exchange proof-of-reserves, Kraken executive Jesse Powell shared a screenshot of coinmarketcap.com’s newly launched proof-of-reserves (POR) dashboard. Powell said he planned to be “more assertive with calling out problems,” and he stressed that a…

Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange

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While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. En realidad,…

Reporte: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last November

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The blockchain-powered game Axie Infinity has been a very popular application during the last 12 meses, as the game’s NFTs have outpaced every NFT collection today in terms of all-time sales. While Axie Infinity has seen $3.85 mil millones en ventas de todos los tiempos,…

Bitwage Raises $1.5 millones en la última ronda de financiación

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Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, ha incrementado $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online investments. Bitwage will…