Parikshit Mishra

Parikshit Mishra is CoinDesk's Regional Head of Asia, managing the editorial team in the region. Before joining CoinDesk, he was the EMEA Editor at Acuris (Mergermarket), where he dealt with copies related to private equity and the startup ecosystem. He has also worked as an Senior Analyst for CRISIL, covering the European markets and global economies. His most notable tenure was with Reuters, where he worked as a correspondent and an editor for various teams. He does not have any crypto holdings.

Parikshit Mishra

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Markets

Movement Labs and Mantra Scandal Are Shaking up Crypto Market-Making

Forced liquidations, hidden contracts, and backchannel deals are prompting a rethink in how liquidity is structured — and who gets trusted.

A man reading something shocking in the newspaper. (CoinDesk Archives)

Markets

World Liberty's Stablecoin Now Available on Multiple Networks Via Chainlink

The integration, initially supporting Ethereum and BNB Chain, addresses cross-chain security concerns and aims to expand USD1’s reach, the firms said.

Consensus 2025: Zak Folkman, Eric Trump

Markets

Ether Bears Are Done and That’s Fueling ETH’s Surge, Crypto Benchmark Issuer Says

Ether's recent price rally is driven by short covering rather than new bullish bets, CF Benchmarks' Sui Chung said.

Tired ETH bears are unwinding bets, lifting ETH higher. (LTapsaH/Pixabay)

Markets

Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN

Coinbase shares dropped 7% after disclosing a cyberattack and a resurfaced SEC probe on old user metrics.

Coinbase. (appshunter.io/Unsplash)

Policy

DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor

Most of the individuals were arrested this week in California.

The U.S. Department of Justice (Getty Images).

Markets

FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution

Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.

FTX CEO Sam Bankman-Fried

Markets

MoonPay Mastercard Launch Crypto Card, Allowing Users to Make Merchant Payments With Stablecoins

The partnership is set to allow crypto wallets to issue virtual Mastercards, expanding access to real-world stablecoin payments

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Markets

Bitcoin Backed Token YBTC Comes to Sui as Bitlayer Integrates Its BitVM Bridge to Sui Network

Peg-BTC (YBTC), the bridged version of BTC, can be deployed in the SUI-based DeFi to generate yield.

Bitlayer CEO Charlie Hu. (Bitlayer)

Markets

Metaplanet’s Leverages Its Bitcoin Stash of Over 5K BTC to Generate Record Profit of $4M

The company’s aggressive bitcoin accumulation has made it the 11th-largest public company by bitcoin holdings globally

BTC in stasis ahead of the jobs report (AhmadArdity/Pixabay)

Finance

Coinbase Could Pay Customers Up to $400M for Data Breach

The exchange fired staff involved in the breach on the spot and will press criminal charges.

Hacker (Towfiqu Barbhuiya/Unsplash)