#data analytics

Crypto data analytics platform Dune announced the acquisition of smlXL, another blockchain data provider.

According to a new report report by data analytics platform Flipside, in 2023 Ethereum and Polygon were the leading chains in terms of monthly acquired users. Each of the chains gained over 15 M with Ethereum coming the first by a little difference.

LunarCrush, the data analytics company, has reported that the most frequent search on their platform is now the SHIB token, overtaking Optimism (OP) and Worldcoin (WLD) which landed in the second and third spots respectively. Notably, this "meme token" has shown a surge in its overall social engagement by 20% and has held a strong social dominance of 4.8% in the past 24 hours.

FalconX is accelerating its efforts to expand through acquisitions. The company plans to focus on acquiring top-tier, smaller companies, with a primary interest in tokenization, institutional infrastructure, and data analytics.

The data analytics company, PeckShield, has announced that about $52.3 million, equating to 73% of the assets pilfered from several decentralized protocols, have been recovered. Unfortunately, a balance of $19.7 million is still under the control of malefactors. AlchemixFi stands out, having recouped all its compromised assets, while Jpegd and MetronomeDAO have only recaptured 90% of their stolen capital. An important query surfaces: Is there a chance to reclaim the rest of the funds?

NFT royalties on Ethereum hit an eye-popping 699,816 ETH, roughly translating to $1.8 billion. However, data analytics firm Nansen's deep-dive analysis points to an unsettling trend. Despite sustained NFT volumes in 2023, royalties for this year only constitute 9.4% of the total payout, a stark contrast to 2022, which accounted for over 64% of the total ETH paid. The culprit behind this disparity is the downward trend in effective royalty rates, which fell from 2.5% in 2022 to a scant 0.6% by July 2023. Some NFT projects such as Yuga Labs, behind popular initiatives like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), are among the few benefiting, receiving 9.4% of all royalties.