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

Crypto platform Bullish to buy Equiniti for $4.2 billion, building tokenized securities infrastructure

The deal brings a regulated transfer agent into the Bullish stack, expanding the firm's end-to-end tokenization capabilities.

Crypto platform Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Finance

Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO

The crypto exchange claims client funds were misused, commingled and concealed in a “Ponzi-like” scheme that unraveled amid a liquidity crisis.

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

Finance

Mike Cagney’s second act: Turning blockchain into Wall Street’s new plumbing

Figure’s $1 billion month capped a years-long push to strip out middlemen from credit markets, bringing real-world assets, lending and even equities onchain.

Figure Technologies CEO Mike Cagney (CoinDesk archives)

Finance

XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi

Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making.

Ali Habbabeh and Walid Al Habboul, co-founders of XO Market.

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Finance

DeFi shaken by $292 million hack, but showing resilience, Standard Chartered says

The AAVE-led response and new safeguards underscore the sector's maturity as the bank maintains its $2 trillion RWA outlook.

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

Markets

Fidelity Digital Assets says bitcoin is leading crypto market stabilization

Despite muted prices to start the second quarter, the report said improving onchain metrics and network activity point to a market finding its footing.

Trading screen

Finance

Coinbase's John D’Agostino says crypto platform stands alone as industry's full-service prime broker

The exchange’s institutional arm has quietly assembled trading, custody, financing, derivatives and cross margining into a single stack, something its rivals still piece together.

John D'Agostino (l) on stage with Anthony Scaramucci at Consensus Hong Kong 2026 (CoinDesk)

Tech

Crypto is built for AI agents, not humans, says Alchemy's CEO

Alchemy CEO Nikil Viswanathan argues the global financial system was designed for humans, but the next wave of commerce will be driven by AI agents that operate natively in crypto.

(Yuichiro Chino/Getty Images)

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Tech

JPMorgan says persistent security flaws curb DeFi’s institutional appeal

A $20 billion hit from the KelpDAO exploit highlights systemic risks, while flat ETH-denominated growth and a shift to stablecoins point to ongoing fragility in DeFi.

Fingers rest on a computer keyboard. (Shutterstock)

Markets

Bitcoin faces near-term pressure as liquidity tightens, Hilbert Group CIO says

Russell Thompson warned of a sharp tightening in global liquidity that could weigh on risk assets and bitcoin in the near term, before expected U.S. policy action provides relief.

U.S. Federal Reserve headquarters in Washington (Jesse Hamilton/CoinDesk)