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


Markets

Buzz Over Potential Ethereum Hard Fork Token Fizzles as Price Tanks

Crypto traders’ appetite to speculate on ETHPOW remains muted on exchanges that listed the digital asset.

Chinese crypto miner Chandler Guo has launched a campaign to fork the Ethereum blockchain and create a spinoff, hewing to the “proof-of-work” (PoW) system that it uses now. (bildanova/500px/Getty Images)

Finance

Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined Bitcoin

The company had said Monday it might run out of cash by October.

Celsius CEO Alex Mashinsky (Piaras Ó Mídheach/Web Summit via Sportsfile)

Markets

Crypto Lender Celsius On Pace to Run Out of Cash by October

The firm, which filed for bankruptcy protection in July, is also short of $2.8 billion in crypto assets, the court filing reveals.

(Piaras Ó Mídheach/Web Summit via Sportsfile)

Markets

Price Discount on 'stETH' Reflects Some Doubt on Smooth Ethereum Merge

The current price of the derivative token implies a close to 94% chance of the Merge succeeding without major hiccups or delays, according to Enigma Securities.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

Markets

Celsius CEO Cashed in After Bankrupt Crypto Lender's Token Surged

This is the first time the address attributed to co-founder Alex Mashinsky was used since the company froze withdrawals and entered bankruptcy.

(Piaras Ó Mídheach/Web Summit via Sportsfile)

Markets

Former Terra-Affiliated Project Kujira to Issue Stablecoin

The USK token is set to maintain its price peg by combining overcollateralization of ATOM tokens with trading incentives.

Kujira will issue its own stablecoin. (Unsplash, modified by CoinDesk)

Markets

Bankrupt Lender Celsius’ Token Surges on Twitter-Driven Short Squeeze

CEL has gained about 300% since Celsius filed for bankruptcy last month.

Celsius' CEL token surged as high as $1.63 Monday. (CoinDesk)

Markets

Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits

An analysis of crypto lender Nexo's attestations, including older data retrieved using the Wayback Machine, reveals just how much its deposits have declined in recent months.

Antoni Trenchev Co-Founder Nexo (Shutterstock/Coindesk)

Policy

Celsius Lays Out Mining-Focused Reorganization Plan at First Bankruptcy Hearing

The first day hearing revealed Celsius is betting big on its also-indebted mining operation to help fill the $1.2 billion hole in the company’s balance sheet.

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

Finance

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)