Parikshit Mishra

Parikshit Mishra is CoinDesk's Head of Asia, managing the editorial team in the region. Before joining CoinDesk, he was the EMEA Editor at Acuris (Mergermarket), where he dealt with copies related to private equity and the startup ecosystem. He has also worked as an Senior Analyst for CRISIL, covering the European markets and global economies. His most notable tenure was with Reuters, where he worked as a correspondent and an editor for various teams. He does not have any crypto holdings.

Parikshit Mishra

Latest from Parikshit Mishra


Markets

Bitcoin Traders Are Discussing BTC’s Record High, but Quantum Computing Is Threatening the Math Behind It

Bitcoin relies on elliptic curve cryptography (ECC) to secure wallet addresses and validate ownership. But ECC, like RSA, is vulnerable to Shor’s algorithm — a quantum computing method capable of cracking the discrete logarithm problem, the core math behind Bitcoin's private keys.

math behind bitcoin

Markets

Satoshi-Era Bitcoin Whale Moves Final $4.8B to Galaxy Digital, Likely Prepping Sale

The latest tranche brings Galaxy’s wallet balance to 40,288 BTC, with no outbound activity recorded since the final whale transfer.

The dormant Bitcoin address tied to one of the network’s earliest whales has now moved its entire 80,000 BTC stash to trading desks, with the final 40,191 BTC (worth $4.8 billion) sent to Galaxy Digital on Friday — signaling a likely upcoming sale. Sending to exchanges or trading desks does not confirm a sale of crypto to stablecoins or other tokens, but large amounts of crypto are typically held in hard wallets instead of exchanges — which gives the market a reason to believe otherwise. Blockchain data from Arkham Intelligence indicates that the coins were transferred across 15 transactions to a Galaxy-labeled address starting at 5:41 p.m. ET, consolidating from four prior wallets into a single holding address prior to the transfer. pic The OG whale, who first acquired their bitcoin over 14 years ago, began reactivating on July 4, sending eight batches of 10,000 BTC to new addresses in their first movement since April 2011.  On Tuesday, they moved 40,010 BTC to Galaxy Digital, which has since begun routing coins to Coinbase, Gemini, Bitstamp, and several unlabeled addresses, indicating potential offloading via OTC desks. The latest tranche brings Galaxy’s wallet balance to 40,288 BTC, with no outbound activity recorded since the final whale transfer. The move comes as BTC trades just above $118,000 hovering near its recently set all-time high.

Markets

Is XRP Recharting The 2017 Mega Bull Run?

XRP hit record highs early Friday.

XRP prone to profit taking. (shutterstock_248427865)

Finance

Public Companies Buying Altcoins: Animoca Brands Report Explores Strategic Shift

Animoca's latest research outlines why firms are adding altcoins like ETH and SOL to treasuries amid Bitcoin-led trend.

Yat Siu, Co-Founder and Executive Chairman, Animoca Brands (Shutterstock/CoinDesk)

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Markets

Dogecoin Open Futures Bets Surge to Record 16B DOGE as Prices Top Downtrend Line

The record open interst suggests a potential volatility boom ahead.

dogecoin

Markets

What Is Big Money Betting on? Bitcoin $140K, Ether $4K Calls Lead Open Interest

Bitcoin and ether prices have increased by 29% and 9% respectively this year.

Roulette. (Pixabay)

Markets

Cardano, Dogecoin, XRP Lead Market Rebound as Crypto Bets Surge Post-GENIUS Act Clearing

These assets tend to rally in tandem with ETH during periods of rising market confidence, especially when capital flows into Ethereum Layer 1s and older majors in search of beta.

Rally. (mibro/Pixabay, modified by CoinDesk)

Markets

Ethereum's Biggest Wall Street Bull Ups Stock Sale to $6B to Power ETH Treasury

The firm says it may sell an additional $279 million from the previous authorization, alongside the new $5 billion issuance.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

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Markets

Bitcoin DeFi Has Ballooned 20x Since Start of 2024 as Builders Bet on Yield

A new wave of developers is building yield-generating apps on Bitcoin, pushing the network beyond store-of-value status and into a key DeFi ecosystem asset.

Hot air ballon. (bozziniclaudio/Pixabay)

Markets

Crypto Market Cap Crosses $4T After XRP, ETH Rally

Achievement comes as the CoinDesk 20 crosses all-time high.

Exuberance. (Creative Commons)