Cheyenne Ligon

Cheyenne is a features and opinions editor at CoinDesk. Previously, she covered U.S. policy and regulation, with a focus on court proceedings and crime. She was part of the Gerald Loeb award-winning team that chronicled the downfall of FTX's Sam Bankman-Fried. She has no significant crypto holdings.

Cheyenne Ligon

Latest from Cheyenne Ligon


Markets

Analysts see more upside for SpaceX as post-IPO research begins

Major brokerages initiated coverage on Tuesday with mostly buy ratings following the company's $75 billion June IPO.

(Tomas Eidsvold/Unsplash)

Markets

Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification

SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past 2 million.

Japanese flag (Shutterstock)

Finance

Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows

As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month.

Visa offices. (Media/Visa)

Tech

Ethereum developers embrace Vitalik Buterin's long-term vision but urge quicker execution

The "Lean Ethereum" strawmap, updated earlier this week, has gained support from many of the network's researchers, though several say the biggest challenge won't be deciding what to build, but how quickly it can happen.

Vitalik Buterin

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Web3

DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit

The protocol’s SUMR token fell by over 18% after the incident.

Beach in the summer (Sean Oulashin/Unsplash)

Policy

Clarity and Congress's summer break: State of Crypto

All parties are still optimistic that Clarity can happen before the midterms, but time is really starting to run out.

U.S. Capitol, the seat of Congress in Washington (Jesse Hamilton/CoinDesk)

Opinion

Collateral, not yield, will decide which stablecoins win

As yield-bearing stablecoins race toward a $50 billion market capitalization, the industry is optimizing for the wrong metric, argues Artem Tolkachev, chief RWA officer at Falcon Finance.

Bars of gold in a bank vault (Getty Images/Antoinette Norcia)

Tech

How ethical hackers with just a $3,000 server found a flaw that could've put $70 billion in crypto at risk

A critical flaw in the Aptos blockchain, which was patched, gave researchers a near-90% success rate at breaking a core security guarantee, with attack costs of just hundreds of dollars.

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

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Markets

Bitwise says STRC selloff signals crypto cycle nearing a bottom, not Strategy’s breaking point

Bitwise said STRC's volatility reflects a late-cycle leverage unwind, with institutions poised to replace Strategy as bitcoin's biggest buyer.

Bitwise CIO Matt Hougan. (Bitwise/Press)