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

Ethereum and Solana set the stage for 2026’s DeFi reboot

Ethereum saw a surge in institutional adoption and progress on scaling in 2025, while Solana was stress-testing the network and hardening its infrastructure.

Sunset in San Salvador. Credit: Ricky Mejia, Unsplash

Tech

Bitfinex hacker Ilya Lichtenstein credits Trump’s First Step Act for early prison release

The U.S. hacker pleaded guilty to stealing and laundering nearly 120,000 bitcoin from cryptocurrency exchange Bitfinex in 2016.

Ilya Lichtenstein, who pleaded guilty with wife Heather Morgan in the plundering of Bitfinex, is now testifying against the mixer he used. (Alexandria Sheriff's Office)

Finance

Coinbase’s Base faces builder backlash over creator coin push

Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects.

Jesse Pollak (courtesy Winni Wintermeyer/Coinbase)

Finance

Trump Media to distribute new digital tokens to DJT shareholders

The Truth Social parent said it will issue a new digital token on Crypto.com’s Cronos blockchain, with shares and crypto prices rising following the announcement.

President Donald Trump (Jesse Hamilton/CoinDesk)

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Policy

South Korea’s long-awaited crypto law stalls over who can issue stablecoins

The Digital Asset Basic Act is stalled as regulators clash over who should be allowed to issue won-pegged stablecoins, extending uncertainty in one of Asia’s most active crypto markets.

South Korea's National Assembly

Tech

Ethereum’s ‘Hegota’ upgrade slated for late 2026 as devs accelerate roadmap

Hegota will follow “Glamsterdam,” Ethereum’s next major upgrade, which is currently expected to roll out in the first half of 2026.

Ethereum Logo

Policy

State of Crypto: Year in review

How did 2025 shake out for crypto?

U.S. Congress (Jesse Hamilton/CoinDesk)

Markets

Bitcoin mining in 2025: IREN claims the crown as Bitdeer's stock trails the pack

Diversification into AI and HPC infrastructure drove sharp outperformance for miners, while pure-play bitcoin miners lagged.

Miner Share Price Performance YTD (TradingView)

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Web3

Circle platform promising tokenized gold, silver swaps is 'fake,' company says

The release, distributed on Christmas Eve, used Circle branding and claimed to quote executives, but a Circle spokesperson said it was "not real."

Circle logo on a building

Tech

‘Most important tokenholder rights debate’: Aave faces identity crisis

The Aave community has become sharply divided over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the DAO and Aave Labs.

person casting votes