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


Policy

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

The agent, who had "top secret" clearance and worked in FBI headquarters, was accused of taking crypto from wallets the agency had investigated.

The U.S. Federal Bureau of Investigation arrested three men accused in a complicated scheme to steal $10 million from banks and swap it for crypto. (Jesse Hamilton/CoinDesk)

Policy

Bernstein sees another leg lower for crypto markets if Clarity Act stalls

The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)

Policy

Counting down the days: State of Crypto

The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those priorities.

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

Web3

Why a DeFi platform ditched its consumer app to become the secret backend for tech giants

Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.

Sparks flying (Jakub Skafiriak/Unsplash)

Advertisement

Tech

The future of crypto payments won't include on-ramps or bridges, Fun CEO says

Alex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract away blockchain complexity for users.

Projects competing to become the dominant "layer 2" network atop Ethereum are now competing to become networks of networks. (Unsplash)

Finance

The reverse bridge: Crypto meets Wall Street using perps

Crypto exchanges built perpetual futures for digital assets. Now they are using them to offer 24/7 exposure to stocks, commodities and indexes.

Reverse Bridge. New York City. (Trevor Hayes/CoinDesk)

Finance

Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances

A mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than traditional transfer means.

(NASA/Unsplash)

Tech

Solana Foundation's new CISO warns AI is making crypto scams more convincing

Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.

Cyber crime (satheeshsankaran/Pixabay, modified by CoinDesk)

Advertisement

Markets

Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say

The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.

Bitcoin (BTC) price on July 31 (CoinDesk)

Policy

Circle secures New York trust charter as crypto regulatory push accelerates

The approval lets the USDC issuer offer fiduciary and custody services under New York banking law.

New York City skyline (Michael Discenza/Unsplash)