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

Wintermute Ceased Trading and Moved Funds From Crypto Exchange FTX US Before Warning

The trading firm said earlier that it had stopped trading on FTX, a separate crypto exchange for international users, but some of its funds were stuck on the platform.

Evgeny Gaevoy, Wintermute CEO (Danny Nelson/CoinDesk)

Markets

Tron Network USDD Stablecoin Wobbles From Dollar Peg Amid Latest Crypto Crisis

Justin Sun speculated in a tweet that struggling trading firm Alameda might have started the deviation by selling its USDD holdings.

Tron founder and diplomat Justin Sun (Shutterstock/CoinDesk)

Markets

Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange

The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.

Blockchain transaction data showing Alameda Research moving $37 million of wrapped bitcoin off the FTX.US crypto exchange. (Arkham intelligence)

Markets

Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools

Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.

Several crypto investment firms drained almost all of their available credit from their credit pools on Clearpool. (Clearpool)

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Markets

FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to Bitcoin

FTT token's crash theoretically could wipe out billions from Alameda's balance sheet, deepening its financial woes, according to an analyst. Bitcoin fell to a 23-month low.

FTX's exchange token dropped to as low as $4 from $22 less than a day ago. (CoinDesk)

Markets

Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer

The exchange token used within the Binance trading environment jumped 20%, leading a broad rebound in crypto markets that had been in free fall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits.

BNB, Binance's token, jumped to as high as almost $400 to the news that Binance and FTX reached a deal. (TradingView)

Tech

¿Qué es la custodia de criptomonedas?

Existen muchas historias de terror sobre fondos robados, hackeos y contraseñas perdidas en la industria de las criptomonedas. Y ahí es donde la custodia de criptomonedas entra en juego.

(Getty Images)

Markets

Temor a hackeo de US$1000M provoca desplome de 20% en GALA, pero la firma insinúa que se atacó a sí misma

“Todos los tokens de GALA en Ethereum y en los puentes están a salvo”, tuiteó una empresa afiliada.

GALA price crashes after exploit speculation. (TradingView)

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Markets

$1B Crypto Hack Fears Spur 20% GALA Plunge, but Firm Implies It Attacked Itself as a Safeguard

"All GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE," an affiliated firm tweeted.

GALA price crashes after exploit speculation. (TradingView)

Markets

NFT Platform ImmutableX’s $66M Unlocking Looms, Putting Sell Pressure on IMX Token

Immutable will release some 110 million IMX tokens to investors who bought the token in a private sale before the token's start a year ago. Some investors may see a 500% return on their holdings.

ImmutableX's IMX token unlock is approaching and will allow early private investors to sell some of their holdings. (Unsplash, modified by CoinDesk)