Cheyenne Ligon

Cheyenne is a features and opinions editor at CoinDesk. Previously, she covered U.S. policy and regulation, with a focus on court proceedings and crime. She was part of the Gerald Loeb award-winning team that chronicled the downfall of FTX's Sam Bankman-Fried. She has no significant crypto holdings.

Cheyenne Ligon

Latest from Cheyenne Ligon


Markets

Strategy's yield-generating STRC stock is more correlated with BTC than ever

The tightening correlation undermines STRC's appeal as a relatively steadier income vehicle.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Finance

Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation

The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.

Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Finance

a16z-backed crypto firm rebrands, shifts focus to solving AI’s global copyright headache

The startup formerly known as Story Protocol raised $140 million to secure internet rights and is now building an audit layer for data consent, licensing, and provenance for tech firms.

DATA Foundation CDO Avi Patel. (DATA Foundation/Media)

Tech

Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish

In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.

Ethereum Logo

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Policy

Binance withdraws Greek MiCA bid but vows to remain in Europe

The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.

ESMA Headquarters. (Gecina/Wikimedia Commons)

Finance

SecondFi loses $2.4 million in Cardano wallet exploit

SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it.

Hacker sitting in a room (Clint Patterson/Unsplash)

Policy

Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act

As Congress prepared to celebrate the president's signing of the bipartisan housing bill that contains a CBDC prohibition, Trump abruptly cancelled the event.

U.S. President Donald Trump on June 22, 2026 (Getty Images/Andrew Harnik)

Policy

Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition

Former FCA policymaker and Hedera Global Policy VP, Isadora Arredondo says there is a gap between the U.K.'s crypto ambitions and how policy is carried out in practice.

Isadora Arredondo. Hedera (Isadora Arredondo)

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Opinion

The banking lobby is wrong about stablecoins and community banks

Congress should not kneecap one of the clearest advances in payment infrastructure to protect community banks from a threat that has not been proven, argues Eco CEO Ryne Saxe.

The U.S. Capitol Building (Getty Images/Omar Chatriwala)

Markets

Gold, silver and bitcoin tumble as 'debasement' trade unwinds

Precious metals have fallen sharply from their 2025 highs as markets price in Fed rate hikes.

Silver (TradingView)