Krisztian Sandor

Krisztian Sandor is a U.S. markets reporter focusing on stablecoins, tokenization, real-world assets. He graduated from New York University's business and economic reporting program before joining CoinDesk. He holds BTC, SOL and ETH.

Krisztian Sandor

Latest from Krisztian Sandor


Markets

Polygon's POL (MATIC) Token Spikes 15% on Binance Listing

Polygon introduced last week POL. the upgraded version the network's token, migrating from its longstanding MATIC with some tokenomics changes.

Polygon's POL price (CoinDesk)

Finance

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.

A cardboard cutout of Tron founder Justin Sun (Danny Nelson/CoinDesk)

Finance

Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report

Commissioned by Brevan Howard and Castle Island Hill, the survey covered more than 2,500 crypto users in Brazil, Nigeria, Turkey, Indonesia and India.

a hundred dollar bill

Markets

Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading

Crypto markets have made a habit over the past few weeks of declining as U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.

Bitcoin price on Sept. 11 (CoinDesk)

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Finance

Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban

Huma's payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement.

Founders of Huma Finance and Arf (PRNewsfoto/Huma Finance, Arf)

Markets

Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst

The 30-day average funding rates for perpetual swaps slid to negative levels, a rare occasion that marked a bottom in prices historically, K33 Research said.

Bitcoin price on Sept. 10 (CoinDesk)

Markets

Ethena's Yield Machine Sees $1B Outflows as Crypto Market Cools – But There's Good News

The protocol faced a challenging environment as yields from arbitraging bitcoin and ether funding rates tumbled to near-zero. Even so, its USDe token held steady to its $1 peg.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Finance

Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play

Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken.

Tether already holds a minority stake in the agricultural commodities producer. (Unsplash/Getty Images)

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Markets

Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility

The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows.

Bitcoin price (CoinDesk)

Markets

Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows

Bitcoin tumbled below the $56,000 level on Thursday before a modest bounce.

Bitcoin Price 9/5 (CoinDesk)