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


Finance

Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance

Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.

Twitter Spaces: FTX – 1) What

Markets

Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins

The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.

Tether. (Nikhilesh De/CoinDesk)

Finance

Nomura’s Crypto Arm Invests in Institutional Hybrid DeFi Protocol Infinity Exchange

The investment showcases a growing trend of merging DeFi infrastructure and TradFi solutions to enable tokenizing traditional assets and to create blockchain-based markets for institutional investors.

Nomura. (charnsitr/Shutterstock)

Markets

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure

The BUSD supply decreased by more than 6% since Monday.

Nansen data shows that Paxos has been burning BUSD every few hours since Monday morning. (Nansen)

Finance

Crypto Exchange Coinmetro Buys Social Fundraising Platform Ignium

With the acquisition, the Estonia-based crypto exchange intends to broaden its securities market offerings and develop tools for small businesses to raise funds directly from their communities using non-fungible tokens.

Tallinn, Estonia (Pawel Toczynski/Getty Images)

Markets

Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange

Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November.

Monday's net outflows from Binance reached similar levels as during the peak fear about the exchange’s reserves in December. (Nansen)

Markets

Binance USD's $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry

Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog.

(Antonio Masiello/Getty Images)

Markets

DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform

Clearpool also opened the onboarding and whitelisting process for institutional borrowers and lenders to its Prime platform.

Clearpool Prime is set be released in the first quarter of the year. (Clearpool)

Markets

Liquid Staking Tokens Rally as Kraken Shuts Staking Service to Settle With SEC

The sudden price uptick of governance tokens for the largest liquid staking protocols – Lido Finance, Rocket Pool and Frax Finance – was a counterweight to the decline of the broader crypto market.

La economía del token de ether se vería favorecida con solo una pequeña recuperación económica. (Pixabay)

Tech

DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin

Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker’s $5 billion DAI stablecoin.

(Tom/Pixabay)