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


Tech

The Protocol: AWS Outage Halts Some Crypto Apps

Also: Monad’s Tech, Quantum Computing and Bitcoin and Securitize’s MCP Server.

(Nadine Shaabana/Unsplash)

Markets

AAVE Bounces Amid $50M Token Buyback Governance Proposal

The initiative would make $50 million annual buybacks funded by protocol revenues a permanent feature of Aave’s tokenomics.

"AAVE Climbs 2.4% to $219 Amid 24% Volume Surge, Reflecting Institutional Interest in Crypto Recovery"

Finance

XDC Network Acquires Contour to Expand Stablecoins and Tokenization in Trade Finance

XDC said it's reviving the once-shuttered blockchain platform to help banks and businesses streamline trade financing from documentation to settlements.

XDC co-founder Ritesh Kakkad (XDC)

News Analysis

Crypto’s ‘Decentralized’ Illusion Shattered Again by Another AWS Meltdown

The October AWS outage took down some of crypto’s most prominent companies and networks. Many in the community pointed out their lack of decentralization.

A plug disconnected from its electricity socket.

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Markets

Aave Rebounds Above $230 Confirming Double-Bottom Reversal

On the news front, Aave said it would expand its collateral assets with Maple Finance's institutional-grade yield tokens.

Aave price (CoinDesk Data)

Markets

Filecoin Jumps More Than 4% After Retaking $1.60 Resistance Level

The token has support at the $1.52 level and resistance at $1.65.

Filecoin gains 4%.

Finance

BitcoinOS Raises $10M to Expand Institutional BTCFi Capabilities

Greenfield Capital led the round with backing from FalconX, Bitcoin Frontier Fund and DNA Fund to advance zero-knowledge-powered Bitcoin infrastructure

Photo of Edan Yago standing in front of  a sponsor board. (Courtesy: BitcoinOS)

Markets

Strategy Gets Buy Rating From Citi on Bullish Bitcoin Outlook

The Wall Street bank initiated coverage of Strategy with a buy/high risk rating and a $485 price target.

Michael Saylor, Executive Chairman of Strategy (MSTR)

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Policy

Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea

At its first event on payment innovations, the Federal Reserve's Christopher Waller suggested a compromise over the crypto world's "master account" aims.

Federal Reserve Governor Christopher Waller at DC Fintech Week (Jesse Hamilton/CoinDesk)

Policy

U.S. Surging in Crypto Activity Under Trump: TRM Labs Report

While the growth still trails India's boom, digital assets activity jumped 50% in the U.S. in six months, cementing it further as the top global marketplace.

President Donald Trump at the White House (Jesse Hamilton/CoinDesk)