Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. He owns < $50 in BTC and < $20 in ETH. He won a Gerald Loeb award in the beat reporting category as part of CoinDesk's blockbuster FTX coverage in 2023, and was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

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Web3

Pump.Fun's Rumored AMM Pivot a 'Strategic Miscalculation,' Says Raydium

A Raydium contributor doubts the memecoin factory could replicate its success.

raydium perps

Finance

OKX Settles U.S. DOJ Charges, Pays Over $500M Penalty and Forfeiture

An OKX subsidiary said it resolved a U.S. DOJ investigation.

OKCoin, Star Xu

Policy

US SEC Closes Investigation Into Robinhood's Crypto Business

On Feb 21. the SEC’s Enforcement Division said it had concluded its investigation, Robinhood said in a statement.

CoinDesk

Policy

Germany's Centre Right Alliance Secures Most Seats in EU Nation's Election

Friedrich Merz's CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote.

CoinDesk

Markets

Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder

Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.

Bybit logo

Policy

U.S. Marshals Service Can't Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan

The agency has been plagued with procedural and organizational issues for years.

Credit: Getty Images

Markets

SEC Dropping Coinbase Case Could Boost Robinhood Stock, Tokens Alleged as Securities

More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto firms' IPOs in the U.S.

Robinhood shares could benefit from SEC dropping Coinbase case. (Shutterstock)

Policy

SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. Crypto

The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency's previous crypto stance.

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)

Tech

Ye, Self-Proclaimed 'Nazi' Who Said 'Coins Prey on Fans,' Plans YZY Token

Seventy percent of YZY tokens will go to Ye (a.k.a. Kanye West), personally.

Ye, the rapper formerly known as Kanye West, is planning to launch a token. (Edward Berthelot/Getty Images)

Finance

Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source

A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.

Deribit CEO Luuk Strijers (Extreme right) at Consensus Hong Kong (CoinDesk)