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


Markets

Bitcoin is on track for its best month in a year. $5 billion USDT growth fuels the rebound

Strong earnings season trumps geopolitical risks for now, one trader said, as equities and crypto markets "stopped caring" about Iran war headlines.

Bitcoin (BTC) price on April 24 (CoinDesk)

News Analysis

Trump's DOJ drops probe that stood in way of president's pick to run Federal Reserve

The Justice Department passed an investigation of Fed Chair Jerome Powell to the Fed's own inspector, which could clear a confirmation path for Kevin Warsh.

Kevin Warsh, nominee to be Fed chair (Andrew Harnik/Getty Images)

Finance

Bitmine to buy 10,000 ether for $23.9 million from the Ethereum Foundation

The transaction brings the firm’s holdings closer to its 5% of ETH target.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Policy

Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com

The state's complaint highlights language used by prediction market platforms as language for gambling, not investing.

CoinDesk

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Policy

U.S. arrests Army green beret for $400,000 Polymarket bets on Venezuela raid he was in

Master Sergeant Gannon Ken Van Dyke allegedly tried to conceal his bets about the raid on Venezuela that led to Nicolas Maduro's arrest.

Clayton

Finance

Aave rallies DeFi partners to contain fallout from $292 million KelpDAO hack

Industry players are coordinating a recovery effort as the year's biggest crypto theft rattled Aave, with Lido and EtherFi being firsts to offer aid.

Life belt (Unsplash+/Getty Images)

Tech

Inside the $71 million freeze on Arbitrum that has the crypto world questioning what decentralization really means

The emergency response prevented stolen funds from moving, but sparked debate over governance, control and the limits of decentralization on Layer 2s.

Freeze

Markets

World Liberty accuses Justin Sun of 'misconduct' in response to Tron founder's defamation claims

Co-founder Eric Trump went further, saying the only thing more 'ridiculous' than Sun's lawsuit is a $6 million banana duct-taped to a wall.

Consensus 2025: Zak Folkman, Eric Trump

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Policy

Kalshi flags more insider trading cases, including politician who appeared on FBoy Island

The prediction market platform, which has been caught in the middle of a regulatory battle between the feds and the states, is seeking to demonstrate strong controls.

Kalshi co-founder and CEO Tarek Mansour (Jesse Hamilton/CoinDesk)

Markets

Elon Musk's Tesla reports unchanged bitcoin holdings, books $173 million digital asset loss

The company's bitcoin stash remained at 11,509 BTC, worth about $880 million at bitcoin's current price of around $78,000.

Elon Musk