Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. He owns < $50 in BTC and < $20 in ETH. He won a Gerald Loeb award in the beat reporting category as part of CoinDesk's blockbuster FTX coverage in 2023, and was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

Latest from Nikhilesh De


Finance

Kraken parent Payward's Q1 revenue climbs despite crypto market slump

Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Tech

Bitcoin faces outsized quantum threat as computing breakthroughs accelerate, Citi says

The bank said accelerating advances in quantum computing are compressing the timeline for risks to crypto and broader internet infrastructure, with Bitcoin seen as particularly exposed.

A perspex cube appears to radiate light across a surface designed with squares. (David Clode/Unsplash)

Tech

Crypto security is turning into an AI arms race as agents may overwhelm compliance teams

AI agents and automated payments could reach a scale that crypto monitoring systems built for human-paced markets cannot handle, Elliptic CEO Simone Maini warned.

Elliptic CEO Simone Maini (Elliptic)

Policy

The Clarity Act took a step forward: State of Crypto

Unpacking Thursday's at-times contentious markup hearing.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

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Tech

Jump Crypto’s ‘Firedancer’ is taking a slow and steady approach to its long-awaited Solana infrastructure rollout

In an interview with CoinDesk, the lead engineer at Firedancer gives an update on how the new client, also known as a software, is fairing in the Solana ecosystem.

CoinDesk

Tech

The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up

For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.

Hacker facing screens with lines of code (Boitumelo/Unsplash)

Markets

Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely tracked $1 billion BTC drawdown

Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.

Buddha point, Thimphu, Bhutan (Passang Tobgay/Unsplash)

Policy

U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission

As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.

House Agriculture Committee Chairman Glenn "GT" Thompson (Jesse Hamilton/CoinDesk)

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Markets

SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut

Elon Musk’s rocket and satellite company has accelerated plans for its blockbuster public offering, with trading expected to begin as early as June 12 after a faster-than-expected SEC review.

Elon Musk (Alex Wong/Getty Images)

Markets

Bitcoin gives up Clarity Act gains as macro rout wipes out leveraged crypto bulls

Stocks, gold and crypto slid on Friday while crude oil topped $100 and traders repriced Fed expectations for rate hikes.

Bitcoin (BTC) price on Friday, May 15 (CoinDesk)