Oliver Knight

Oliver Knight

Oliver Knight joined CoinDesk as a news reporter in April 2022. Before joining CoinDesk, Knight was the Chief Reporter at Coin Rivet for three years. Having graduated with a journalism degree from Birmingham City University, Knight went on to work at various sports publications before diving into the world of Bitcoin in 2014. He does not have any crypto holdings.

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Hedera said "BlackRock fund is tokenized," Crypto Twitter heard "BlackRock has tokenized fund." (Wikimedia Commons)
Hedera's HBAR Doubles on Misinterpretation of BlackRock Announcement, Then Falls 25%
The market gave back some of its earlier gains after realizing BlackRock wasn't directly involved in the tokenization on Hedera's blockchain.
Hedera said "BlackRock fund is tokenized," Crypto Twitter heard "BlackRock has tokenized fund." (Wikimedia Commons)
Tether 's logo painted on a wooden background.
Tether Will Freeze Wallets Evading Venezuelan Sanctions
Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports.
Tether 's logo painted on a wooden background.
ZKasino sents $33M to Lido (Carl Raw/Unsplash)
ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido
Depositors were originally told that bridged ether would be returned once the bridging phase was over.
ZKasino sents $33M to Lido (Carl Raw/Unsplash)
BTC chart (CoinDesk data)
Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving
Bitcoin had slumped to as low as $59,685 on Friday morning, then rebounded heading into the event.
BTC chart (CoinDesk data)
Ethena Labs' keep rate (CryptoQuant)
USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns
CryptoQuant also said that Ethena's keep rate should remain above 32% in the event of a bear market.
Ethena Labs' keep rate (CryptoQuant)
Ethena's total value locked surged 12-fold in 60 days. (DefiLlama)
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
"A lot of things can go wrong," in Ethena's yield-generation strategy, said Folkvang CEO Mike van Rossum.
Ethena's total value locked surged 12-fold in 60 days. (DefiLlama)
Pre-sale token scams on the rise (Blockaid)
Half of Solana Pre-Sales Are Scams, Blockaid Says
Around $100 million was sent to token pre-sales over the course of a weekend last month.
Pre-sale token scams on the rise (Blockaid)
Ethena Labs increases staking rewards (Autumn_ schroe/Unsplash)
ENA Rises 15% as Ethena Labs Increases Staking Rewards
The initial lock cap has been set at $200 million and will be adjusted to increase over time.
Ethena Labs increases staking rewards (Autumn_ schroe/Unsplash)
Binance (Nikhilesh De/CoinDesk)
Binance Stops Support for Bitcoin NFTs Citing 'Streamlining' of Offered Products
Users have been prompted to withdraw Bitcoin NFTs from Binance by May 18.
Binance (Nikhilesh De/CoinDesk)
Ark Invest CEO Cathie Wood
Cathie Wood Attributes Bitcoin's Rise to National Currency Devaluations
Wood called bitcoin an "insurance policy against rogue regimes and horrible fiscal and monetary policies."
Ark Invest CEO Cathie Wood