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

Crypto Wallet Holding $2B Mt. Gox Bitcoin Sends Test Transaction as Distribution Continues: Arkham

Some users in the Mt. Gox creditors channel on Reddit reported receiving funds on their BitGo accounts.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Finance

Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR

The company unveiled similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.

Grayscale ad in NYC (Nikhilesh De/CoinDesk)

Finance

German State-Owned Development Bank Prepares for Tokenized Bond Issuance with Boerse Stuttgart Digital in ECB Trial

Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.

Frankfurt, Germany (Sinan Erg/Unsplash)

Markets

Tether's USDT and Circle's USDC Combined Supply Grew $3B Amid Crypto Market Rebound

Stablecoins serve a key role in the crypto space and their expanding supply is usually a sign of health of the broader market.

Ethereum ETFs drew in inflows despite ETH's plunge on Monday.(Shutterstock)

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Finance

Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger

The company said it plans to use both Ripple USD (RLUSD) and XRP for cross-border payments services.

Ripple (Jesse Hamilton/CoinDesk)

Markets

A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It

The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.

Restore the Republic token on Solana (X)

Markets

Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy

While the crypto rally was broad-based, with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.

Bitcoin price on Aug 8 (CoinDesk)

Finance

Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield

The Galaxy-backed project aims to attract DAO treasuries to allocate to its new stablecoin.

(Danielbaise/Wikimedia Commons)

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Markets

Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound

Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.

Solana (SOL) price from Monday's lows (CoinDesk)

Finance

Grayscale Introduces Crypto Funds for Decentralized AI Project Bittensor's TAO and Layer-1 Network Sui's Token

The firm recently launched a decentralized artificial intelligence-focused crypto fund and uplisted its closed-end Ethereum Trust to an ETF last month.

Grayscale ad (Grayscale)