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

Solana is shedding its memecoin reputation as big banks move billions into its ecosystem

Wall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the broader crypto market cools down, according to a new report by Messari.

Institutions are increasingly using Solana, a new Messari report finds. (Unsplash)

Tech

The Ethereum Foundation is facing a wave of high-profile departures as its internal shakeup deepens

The turnover comes as the foundation undergoes an internal transition tied to a new organizational mandate aimed at redefining its role within Ethereum.

Graphic showing ethereum symbol on a grid with screens.

Finance

Mike Novogratz’s Galaxy receives New York BitLicense for institutional crypto push

Galaxy Digital became the second company this year to secure a New York BitLicense, following Strike’s approval in March.

(Daniel Murray/Consensus)

Finance

Stripe-backed Tempo taps $7.5 billion DeFi lender Morpho to expand beyond payments

The move brings onchain yield and lending to the payments-focused chain in a bid to offer full-stack onchain finance platform to companies building on it.

Paul Frambot, CEO Morpho Labs (Morpho)

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Finance

Kraken parent Payward's Q1 revenue climbs despite crypto market slump

Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Tech

Bitcoin faces outsized quantum threat as computing breakthroughs accelerate, Citi says

The bank said accelerating advances in quantum computing are compressing the timeline for risks to crypto and broader internet infrastructure, with Bitcoin seen as particularly exposed.

(David Clode/Unsplash)

Tech

Crypto security is turning into an AI arms race as agents may overwhelm compliance teams

AI agents and automated payments could reach a scale that crypto monitoring systems built for human-paced markets cannot handle, Elliptic CEO Simone Maini warned.

Elliptic CEO Simone Maini (Elliptic)

Policy

The Clarity Act took a step forward: State of Crypto

Unpacking Thursday's at-times contentious markup hearing.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

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Tech

Jump Crypto’s ‘Firedancer’ is taking a slow and steady approach to its long-awaited Solana infrastructure rollout

In an interview with CoinDesk, the lead engineer at Firedancer gives an update on how the new client, also known as a software, is fairing in the Solana ecosystem.

CoinDesk

Tech

The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up

For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.

Hacker facing screens with lines of code (Boitumelo/Unsplash)