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

Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack

The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.

(Pixabay)

Finance

Bitcoin Miners Drawing Power From Grids Will Face 'Reckoning' Post Next Halving, MARA Says

With rising energy cost, many miners may not survive the 2028 halving, MARA said.

Marathon Digital CEO Fred Thiel (CoinDesk "First Mover" screenshot)

Policy

Upbit Partner Firm Faces 3 Month Partial Suspension From South Korea

The notice is due to the company's "violation of the obligation to prohibit transactions with unreported virtual asset operators," it said.

South Korea flag (Planet Volumes / Unsplash)

Finance

Ether Heads Toward Set of Mammoth $340M On-Chain Liquidations

ETH needs to drop another 19% to trigger the first liquidation.

ETH on-chain liquidations (DefiLlama)

Markets

Crypto Greed Index Flashes 'Extreme Fear' as Market Drops 10%

Tuesday’s drop from 49 to 25 is one of the sharpest since September and indicative of a quick shift toward overly bearish sentiment.

Fear and greed index falls to new low, last seen in Oct 2023. (Chris Charles/Unsplash)

Finance

Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning

The token is down by more than 60% since launch.

Bybit CEO labels Pi Network a scam (exploringzhongguo/Unsplash)

Markets

North Korean Hackers Were Behind Crypto's Largest 'Theft of All Time'

Lazarus Group was behind Bybit's $1.5 billion hack on Friday, Arkham Intelligence said, citing ZackXBT.

(Pixabay)

Finance

CZ Suggests Bybit Halt Withdrawals, Offers Help With $1.5B Hack

Bybit CEO has said that the exchange is solvent and withdrawals remain open.

Binance's former CEO, Changpeng "CZ" Zhao (Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)

Finance

Bybit Loses $1.5B in Hack but Can Cover Loss, CEO Confirms

A portion of staked ether is currently being liquidated on decentralized exchanges.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)