Will Canny

Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.

Will Canny

Latest from Will Canny


Finance

Crypto Financial Services Firm Eqonex Files for Voluntary Debt Restructuring in Singapore

The company said it has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful.

Singapore (Unsplash)

Markets

Bernstein Says Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global

If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.

Grayscale CEO Michael Sonnenshein (CoinDesk archives)

Finance

Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath

The bank had rated the shares at buy. It cut its price target to $50 from $77.

Morgan Stanley rebajó la calificación de las acciones del banco de criptomonedas Silvergate Capital para infraponderar desde igual valoración. (Unsplash)

Finance

BofA: Don’t Tarnish Blockchain Technology With Speculative Crypto Trading

The development of applications leveraging distributed ledger and blockchain technology continues to advance, the bank's report said.

(Sinisa Botas/Shutterstock)

Tech

Bank of America Says Crypto Exchanges' Proof of Reserves Have Too Many Shortcomings

The cryptocurrency industry also needs a clear delineation between trading platforms and market makers, the bank said.

(Pixabay)

Markets

JPMorgan: The Shrinking Stablecoin Market Is Another Sign of Investors’ Exodus From Crypto

It’s difficult to see a sustained recovery in crypto prices without stablecoin outflows stopping, the report said.

Las salidas de stablecoins son una señal del mercado de criptomonedas más amplio. (Shutterstock)

Markets

Coinbase: FTX’s Collapse Will Likely Lead to an Extended Crypto Winter

Poor liquidity in cryptocurrency markets could last until at least the end of the year and the crypto winter until end-2023, the exchange said.

Crypto winter (Timothy Eberly/Unsplash)

Markets

Bernstein: The Collapse of Crypto Exchange FTX More Like Enron Than Lehman

The broker sees a significant liquidity impact on the crypto market in coming weeks, which will hurt the smaller tokens.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Finance

Blockchain Company AltLayer Appoints Amrit Kumar as COO

AltLayer is a layer 2 scalability product built on the Ethereum blockchain.

(Unsplash, modified by CoinDesk)

Finance

Crypto Exchange PowerTrade to Offer Custody Services to Institutional Clients

The firm is using technology from Copper, a crypto custody outfit, to hold digital assets outside of its exchange.

Coin Metrics is teaming up with Two Sigma to make crypto trading easier for institutions. (marchmeena29/Getty Images)