Crypto intelligence agency TokenAnalyst has shut its doorways, the corporate introduced Tuesday.

The group mentioned in a Medium put up it could cease supporting its platform and software programming interface (API), and a flashing be aware on the corporate’s web site says, “The data on this site does not refresh anymore.” The weblog put up didn’t give a purpose for the shutdown, although it did say a few of the staff’s members might be becoming a member of Coinbase, the San Francisco-based crypto change.

“Our mission was to bring transparency to the decentralized world, and we believe we made significant progress towards this mission,” the put up mentioned. “We built a host of tools that made blockchains easier to understand for our users, and we hope you enjoyed using our data and services as much as we enjoyed building them.”

A Coinbase spokesperson confirmed a number of members of the TokenAnalyst staff could be becoming a member of.

“We stay dedicated and pushed in direction of creating an open monetary system for the world and we expect thatCoinbaseis a implausible place to try this,” the Medium put up mentioned.

TokenAnalyst was based in October 2019, simply because the preliminary coin providing increase and crypto costs surged that 12 months. It had a handful of staff – no less than six, in line with LinkedIn – together with its founders, Jai Prasad and Sid Shekhar. Both joined Coinbase, in line with their Twitter biographies.

“It was truly invigorating to tweet/WhatsApp/Telegram/email/Signal 24/7 with crypto enthusiasts from all over the world. It was your incredible support, encouragement and passion that kept us going and motivated,” the weblog put up mentioned.

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