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

Volatility Shares Files for 5x Leveraged Bitcoin, Ether, and XRP ETFs

If approved, these would become some of the most extreme crypto-linked instruments available to U.S. investors.

(Shutterstock)

Opinion

Tether and Circle’s Dominance Is Being Put to the Test

The dominance of Tether and Circle, once seen as unshakable, is now facing its most formidable test yet, crypto product and strategy professional James Murrell argues.

Two male buffalo engaged in a standoff (Unsplash/ redcharlie/ Modified by CoinDesk)

Opinion

There Is Too Much Friction in Web3 For Newcomers. Here’s How We Fix it.

The promise of a seamless digital economy is being sabotaged by a simple, recurring nightmare: network switching, says ZetaChain core contributor Jonathan Covey.

Blockchain Technology

Markets

Ethena's USDe Briefly Loses Peg During $19B Crypto Liquidation Cascade

USDe recovered quickly, and Ethena Labs confirmed that the mint and redeem functionality remained operational, with the stablecoin remaining overcollateralized.

A bear roars

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Markets

AAVE Sees 64% Flash Crash as DeFi Protocol Endures 'Largest Stress Test'

The largest decentralized lending protocol processed $180 million collateral liquidation within an hour on Friday, proving its resilience, founder Stani Kulechov said.

Aave (AAVE) price today (CoinDesk Data)

Opinion

Blockchain Will Drive the Agent-to-Agent AI Marketplace Boom

For agents to be truly autonomous they need to have access to resources and self-custody their assets: programmable, permissionless, and composable blockchains are the ideal substrate for agents to do so, Olas’ David Minarsch argues.

Robots (Unsplash/Sumaid pal Singh Bakshi/Modified by CoinDesk)

Markets

‘Largest Ever’ Crypto Liquidation Event Wipes Out 6,300 Wallets on Hyperliquid

The sell-off erased over $1.23 billion in trader capital on Hyperliquid and $19 billion across the crypto market in a 24 hours.

Stylized bull and bear face off

Markets

Norwegian Officials Probe Major Polymarket Bets on Nobel Peace Winner

A trader with a new account and no prior betting history placed a $70,000 bet on Venezuelan opposition leader Maria Corina Machado winning the prize.

Magnifying glass

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Markets

Gold-Backed Tokens Hold Firm in $19B Crypto Rout, but Rally May Be Near Exhaustion

Gold-backed tokens have been a refuge for crypto investors, with year-to-date gains of over 50%, mirroring gold's historic rally.

Gold bars.

Opinion

On-Chain Investment Funds: Beware of Greeks Bearing Gifts

Some on-chain investment funds may arrive packaged as “innovation” but conceal higher costs, weaker protections, or unnecessary complexity, Prometheum’s co-CEO Aaron Kaplan argues.

Statue of an ancient Greek soldier (Javier Rincon/Unsplash/Modified by CoinDesk)