Oliver Knight

Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.

Oliver Knight

Latest from Oliver Knight


Finance

Crypto Lender Exactly Hit by $12M Bridge Exploit

The protocol becomes the latest in a long line of firms to be struck by a hack involving a cross-chain bridge.

Prime Protocol to eliminate need for cross-chain bridges (Charlie Green/Unsplash)

Markets

Single Trader Lost $55M on Ether Long Yesterday

That was nearly 30% of all liquidated futures on Binance, the data shows.

(Shutterstock)

Finance

Avalanche Foundation Provides $3M in AVAX Tokens to Dexalot

The grant is part of Avalanche’s Multiverse initiative, an incentive fund that aims to push the growth of new subnets.

Avalanche (Pixabay)

Finance

Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand

Omni was the first transport layer that Tether used in 2014.

USDT chart (CoinDesk)

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Finance

BitGo Raises $100M After Scrapping Prime Trust Deal: Bloomberg

The raises comes nearly two months after BitGo ended its plan to buy beleaguered rival Prime Trust.

BitGo will offer digital wallet services in Italy (Danny Nelson/CoinDesk)

Policy

Singapore's Central Bank Releases Stablecoin Regulatory Framework

Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request

Singapore road (Shutterstock)

Markets

The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase

The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said.

Coinbase's reiterates bullish macro forecast (Andrew Stickelman/Unsplash)

Finance

Europe's First Spot Bitcoin ETF Lists in Amsterdam

Jacobi first won approval for the fund in October 2021 with plans to list it in 2022. However the firm opted to push back its plans due to inopportune circumstances elsewhere in the digital asset market.

Credit: Shutterstock

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Markets

Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein

New capital will enter the market from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs, the report said.

Institutional traders are more bullish on bitcoin than alternative cryptocurrencies. (Hans Eiskonen/Unsplash)

Markets

Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars

A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

Base's daily active users soar (Dune)