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


Finance

'Am I Too Late to Invest' in Crypto? Here's What TradFi Is Asking Wall Street Analysts

Jefferies says most institutional investors remain on the sidelines despite growing token infrastructure, but that's changing, and it's a good thing for the industry.

A Wall Street banks's take on crypto. (Midjourney/Modified by CoinDesk)

Finance

PayPal's $1.3B Stablecoin Expands to 9 New Blockchains With LayerZero Integration

The interoperability protocol is introducing a permissionless version of the token to Aptos, Avalanche, Tron and several other chains.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Finance

DeFi TVL Rebounds to $170B, Erasing Terra-Era Bear Market Losses

After three years of rebuilding, decentralized finance has returned to pre-Terra levels with more measured growth and rising institutional adoption.

TVL recovery since Terra crash (DefiLlama)

Opinion

The GENIUS Act Is Already Law. Banks Shouldn't Try to Rewrite It Now

Legacy financial firms should embrace competition, not try to kneecap emerging players through anti-innovation regulations, Blockchain Association CEO Summer K. Mersinger argues.

U.S. Congress (Jesse Hamilton/CoinDesk)

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Tech

Ethereum Faces Validator Bottleneck With 2.5M ETH Awaiting Exit

The backlog pushed exit wait times to more than 46 days on Monday, the longest in Ethereum’s short staking history, dashboards show. The last peak, in August, put the exit queue at 18 days.

(Unsplash/Modified by CoinDesk)

Opinion

The Clock Is Ticking on Crypto Market Structure Legislation in the U.S.

The U.S. has the deepest liquidity in crypto markets and is home to some of the largest issuers and exchanges, but without a comprehensive market structure we risk ceding ground to Latin America and Europe, Congressman French Hill argues.

Unsplash/Modified by CoinDesk

Finance

Base Explores Issuing Native Token, Says Creator Jesse Pollak

At the BaseCamp event, Jesse Pollak revealed the layer-2 network is considering a native token, though plans remain in early stages.

Jesse Pollak (courtesy Winni Wintermeyer/Coinbase)

Opinion

Your Company Probably Doesn’t Need Its Own L2

According to EY’s Global Blockchain Leader Paul Brody, only companies that can aggregate significant transaction volume into the network, and whose customers can't make their own direct connection to Ethereum, would benefit from creating their own layer 2.

Photo by Markus Spiske/Unsplash/Modified by CoinDesk

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Opinion

In the AI Economy, Universal Basic Income Can’t Wait

Though other ideas for supplementing income amid the AI revolution have legs, UBI is the simplest and fastest way to ensure AI’s benefits trickle down to everyone.

Photo by Alex Shuper/Unsplash+/Modified by CoinDesk

Opinion

The GENIUS Act Won't Save the Dollar

U.S. stablecoin regulations will fuel local alternatives, not dollar dominance, Central Chain co-founder Ian Estrada argues.

Photo by Vladislav Klapin/Unsplash/Modified by CoinDesk