Krisztian Sandor

Krisztian Sandor is a U.S. markets reporter focusing on stablecoins, tokenization, real-world assets. He graduated from New York University's business and economic reporting program before joining CoinDesk. He holds BTC, SOL and ETH.

Krisztian Sandor

Latest from Krisztian Sandor


Pananalapi

Celsius Acknowledges $1.2B Hole in Balance Sheet

The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.

Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)

Merkado

Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin

The asset breakdown comes at a time when crypto firms and their finances are under increasing scrutiny in the ongoing crypto credit crisis.

Circle (Sandali Handagama/ CoinDesk)

Merkado

Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake

The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.

A key market metric known as the "stETH discount" suggests market speculation that Celsius Network might dump a big stake. (Creative Commons, modified by CoinDesk)

Merkado

Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound

The troubled crypto lender previously paid off loans from Aave and Maker.

(Piaras Ó Mídheach/Web Summit via Sportsfile)

Merkado

Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet

The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)

Merkado

Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave

The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 (CoinDesk)

Merkado

Celsius Reclaims $172M Collateral From Aave, Compound

The liquidity-strapped crypto lender has paid down $95 million in debt from the two DeFi platforms since Friday.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 in New York (CoinDesk)

Merkado

Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Merkado

Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff

The move comes just after the crypto lender reclaimed $450 million of collateral in WBTC, closing its loan from DeFi lending protocol Maker, blockchain data shows.

The Celsius booth at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Merkado

Shiba Inu planea lanzar una stablecoin, un token de recompensa y un juego de cartas coleccionables

Los precios de SHIB apenas se movieron con las noticias, pero el token de gas BONE y el token de ecosistema LEASH se recuperaron.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)