Will Canny

Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.

Will Canny

Latest from Will Canny


Finance

Zerohash pursues new funding at more than $1.5 billion valuation after Mastercard drops investment plans

Crypto infrastructure providers are drawing renewed investor interest as Wall Street deepens its push into digital assets.

Mastercard (CoinDesk)

Markets

Hyperliquid’s HYPE one of crypto’s most undervalued assets, says Bitwise

The crypto asset manager argued the market is mispricing Hyperliquid as a niche derivatives exchange instead of a fast-growing “super-app” for global trading markets.

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Markets

JPMorgan says ether and altcoins won't catch up to bitcoin without a major network boom

The bank said ether and the broader altcoin market continue to trail bitcoin as weak network activity, sluggish DeFi growth and limited real-world adoption weigh on investor demand.

Trading screen

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)

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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)

Finance

Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO

The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.

Payward and Kraken co-CEO Arjun Sethi. (CoinDesk)

Tech

Wall Street is starting to notice one of crypto’s smartest AI bets

A growing spotlight on Nof1’s Alpha Arena suggests SUI Group and Karatage may have gotten early to one of the most important experiments in finance: teaching AI how to trade in real markets.

Artificial Intelligence (Markus Winkler/Unsplash)

Finance

Ethereum app builder Consensys has delayed its potential IPO until fall

The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs to lead the process.

Joe Lubin (David Paul Morris/Consensus)

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Finance

Crypto wallet provider Ledger puts U.S. IPO plans on hold due to market conditions

The French crypto security firm, which is said to have explored a potential $4 billion U.S. listing, is reassessing its public market plans as volatile conditions weigh on investor appetite for crypto IPOs.

Ledger (Flickr)

Finance

Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding

New fundraising rounds for three institution-focused blockchains show how regulation, privacy and corporate competition are reshaping crypto infrastructure, according to Bitwise CIO Matt Hougan.

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)