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

Leading Base DEX Aerodrome Merges Into Aero in Major Overhaul

Dromos Labs announced a major overhaul of its decentralized exchange infrastructure with the launch of Aero, a unified trading system that will merge its existing platforms across its networks.

Aerodrome receives $150 million in deposits (Pixabay)

Finance

BNY Eyes $1.5T Stablecoin Market With New Reserve Fund for Issuers

The bank aims to provide a key piece of infrastructure for stablecoin issuers to back the value of their tokens, similarly to BlackRock's Circle Reserve Fund for USDC.

BNY office (BNY, modified by CoinDesk)

Policy

Trump Signs Bill to Reopen U.S. Government as Congress Suddenly Ramps Up Crypto Work

The House of Representatives voted in favor of a monthslong funding measure late Wednesday.

U.S. Congress (Jesse Hamilton/CoinDesk)

Markets

Crypto Investor Dan Tapiero Sees AI-Blockchain Crossover Fueling Next Big Wave

‘Blockchain is the money of AI,’ said the 50T founder, who’s betting 20% of his next fund on startups that don’t yet exist.

Dan Tapiero (Shutterstock/Modified by CoinDesk)

Advertisement

Policy

Dubai Court Freezes $456M Linked to Justin Sun’s Bailout of TrueUSD Issuer Techteryx

Dubai’s Digital Economy Court said there was compelling evidence of a breach of trust and ordered a worldwide freeze to protect the assets.

100 dollar bill on table (Live Richer/Unsplash/Modified by CoinDesk)

Markets

Bitcoin Plunges Below $102K Amid Weak U.S. Demand, Fed Divided on December Cut

Bitcoin's Coinbase Premium, a popular gauge for U.S. demand, is having its longest negative streak since the April correction, coinciding with the Fed turning more hawkish.

Bitcoin (BTC) price on November 12 (CoinDesk)

Markets

BONK Falls 5% to $0.00001223 After Rejection at Key Resistance

BONK slipped 5% to $0.00001223 after failing to break resistance near $0.0000130, with trading volume spiking nearly 50% above average during the pullback.

BONK-USD, Nov. 12 (CoinDesk)

Finance

Sui Launches Native Stablecoin USDsui Using Bridge’s Open Issuance Platform

The new U.S.-compliant USDsui aims to link the blockchain’s $200bn monthly stablecoin volume to Bridge’s interoperable platform.

Sui blockchain image

Advertisement

Markets

Toncoin Drops 2.4% as Post-Rally Selling Pressure Caps Gains

The token briefly rallied to $2.1165 on increased volume before heavy selling erased gains, pulling TON back to key support levels around $2.02.

TON Surges to $2.11 Amid Institutional Backing and Technical Breakout

Policy

New Strike Force Set to Target Overseas 'Pig Butchering' as U.S. Hits Burma Operation

U.S. federal agencies are establishing a Scam Center Strike Force to counter the industrial-scale efforts to swindle money via crypto transactions.

The U.S. Treasury Department's financial crimes arm reported on the use of bitcoin in human trafficking and other global crimes. (Jesse Hamilton/CoinDesk)