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

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

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)

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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

Policy

Banks seek to slow down implementation of crypto's GENIUS Act on stablecoin oversight

U.S. banking groups argued that a number of federal agencies are moving quickly on stablecoin regulations, making it hard to understand how rules will interact.

U.S. Treasury Department in Washington, D.C. (Jesse Hamilton/CoinDesk)

Tech

The Protocol: Kelp DAO exploited for $292 million

Also: DPRK hacking crypto, Aave contagion and Coinbase on quantum computing.

Silhouette image of a hooded figure behind three screens.  (geralt/Pixabay)

Tech

The $292 million Kelp DAO exploit shows why crypto bridges are still one of the industry's weakest links

The problem is structural and as long as bridges depend on complex systems with shared infrastructure and hidden trust assumptions, they will remain vulnerable.

lock-broken

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Finance

Trump-linked American Bitcoin shares spike over 12% after announcing more mining power

The Trump family-linked mining and treasury company announced 11,298 additional bitcoin mining ASICs at its Drumheller site.

An engineer works with bitcoin mining rigs (Shutterstock)

Markets

Crypto giant GSR launches its first ETF to give investors an easy way to bet on the big 3 tokens

GSR is entering the asset management space with a new Nasdaq-listed ETF that actively manages a basket of bitcoin, ether and solana while offering investors a chance to earn staking yields.

The cuts came in the third quarter. (Danny Nelson/CoinDesk)