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

Iran war oil-price shock revives inflation trade and a new stablecoin play

As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that.

Skyline of the Iranian capital, Tehran

Policy

Crypto Clarity bill has 30% chance of passing this year, Wintermute’s Hammond says

Wintermute’s head of policy Ron Hammond pegs chances at 30%, citing political friction, stalled negotiations and shifting timelines despite signs of progress.

Ron Hammond (Nikhilesh De/CoinDesk)

Finance

Potential buyers are circling Winklevoss-backed crypto exchange Gemini

Interested parties are considering buying select parts of the business, particularly its shuttered European operations, to secure regulatory licenses, rather than pursuing a full takeover.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Finance

Banks are treading carefully on stablecoins despite market growth, S&P Global says

Most U.S. lenders remain in a wait-and-see mode as deposit risks, regulatory shifts and new competition complicate strategy, according to the report.

(Photo by CoinWire Japan on Unsplash/Modified by CoinDesk)

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Tech

Quantum threat to Bitcoin is real, but manageable, according to Wall Street broker Bernstein

The broker said advances in quantum computing are accelerating the timeline for crypto risk, but argued Bitcoin faces a multi-year upgrade cycle, not an existential crisis.

Quantum Computing Optics (Ben Wicks/Unsplash)

Finance

Saylor’s solo act: JPMorgan says Strategy is practically the only thing keeping crypto flows alive

Digital asset inflows totaled $11 billion in Q1, as institutional demand and ETF outflows left corporate buyers and venture capital as the primary sources of funding.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

Oil shock, Iran war risk keep crypto investors on sidelines: Grayscale

The crypto asset manager said investors are sidelined by Middle East tensions, but resilient valuations and structural adoption trends could set up the next leg higher.

Skyline of the Iranian capital, Tehran

Tech

Galaxy Digital's testnet suffers hack but no client funds or information were compromised

Mike Novogratz’s crypto financial services firm said unauthorized access was limited to a segregated R&D workspace; trading systems and client accounts were unaffected.

Galaxy Digital CEO Mike Novogratz: ‘Crypto Revolution Is Here’

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Finance

Cango raises capital as it faces NYSE delisting risk with shares below $1

The bitcoin miner issued a $10 million convertible note and closed a $65 million insider-led round while racing to regain compliance with exchange rules.

Wall Street signs hang next to a traffic light

Finance

Crypto investment firm Keyrock valued at $1.1 billion in Series C led by SC Ventures

The Brussels-based digital asset firm said the new capital will bolster its balance sheet and support expansion and acquisitions.

US dollars loan ( Frederick Warren/Unsplash/Modified by CoinDesk)