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

Circle agrees to buy cross-border payments firm Tazapay for $400 million

The deal could grant Circle vital, regulated "last-mile" infrastructure, bridging the gap between stablecoins and traditional local banking systems.

Circle logo on a shop front (Nikhilesh De/CoinDesk)

Tech

A two-key breach could hand control of $91 billion in USDT to hackers, report finds

The rating agency's new framework combines Wall Street financial auditing with Web3 code reviews to evaluate both off-chain reserves and on-chain security.

Computers. coding. tech. (Fotis Fotopoulos/Unsplash)

Finance

Ukrainian police took down a crypto scam that stole up to $1 million a month

Investigators have identified 62 victims and say more than 46 Ukrainians took part in the alleged operation.

Ukraine flag on military uniform (Žilvinas Ka/Unsplash)

Finance

Better and Coinbase’s bitcoin-backed mortgages can reuse borrowers’ collateral

Better Mortgage can reuse the pledged bitcoin, and borrowers cannot recover their crypto until the main conventional mortgage is fully repaid or refinanced.

For sale sign (Getty Images/Grace Cary)

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Finance

Robinhood isn't backing down after AMC CEO demands halt to stock tokens

AMC boss Adam Aron called Robinhood’s stock tokens “synthetic equity” and threatened legal action. Vlad Tenev says the brokerage stands behind the product.

Adam Aron, Chairman & CEO, AMC Entertainment (Getty Images/Jerod Harris)

Finance

Kraken parent Payward delays IPO to second quarter of 2027 at earliest

The crypto exchange operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market conditions.

Payward and Kraken co-CEO Arjun Sethi.

Policy

New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets

After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.

New Jersey logo (Image courtesy Nikhilesh De)

Opinion

The token supercycle: everything of value is becoming programmable

Tokenization is not just about increasing access to tokens, whatever they may represent, but a fundamental shift in how value is created, owned, financed and moved, argues Solana Foundation’s Lily Liu.

(Getty Images/Yuichiro Chino)

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Finance

North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform

Blockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the platform in the last three weeks alone.

North Korea has become the single most aggressive state actor operating in the crypto space today (Getty Images/BirgitKorber)

Policy

Kalshi lays down first lifetime ban for ex-member of Congress George Santos

The prediction market platform banned Santos for manipulation as part of the industry's ongoing efforts to show it's dealing with bad behavior.

Former U.S. Representative George Santos (Michael M. Santiago/Getty Images)