Will Canny

CoinDesk placeholder image

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 contract reporter at CoinDesk.

Social

Recent

Barry Silbert, CEO of Digital Currency Group. (DCG)
Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group
A feasible deal could involve a large minority partner or a buyout-like structure led by more strategic partners, Bernstein said.
Barry Silbert, CEO of Digital Currency Group. (DCG)
(David Mark/Pixabay)
Hedge Fund Presidio Trading to Spin Out Crypto Market Tail Risk Strategy
The tail risk investment strategy returned 560% in June as crypto markets slumped.
(David Mark/Pixabay)
Signature Bank CEO Joseph DePaolo (Signature Bank)
Crypto Bank Signature Suffers Another Analyst Downgrade; Shares Fall
Raymond James is the latest Wall Street firm to cut its rating on the stock, following Morgan Stanley’s move earlier this week.
Signature Bank CEO Joseph DePaolo (Signature Bank)
Morgan Stanley downgrades its rating on crypto bank Silvergate Capital's shares to underweight from equal weight. (Unsplash)
Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse
Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning.
Morgan Stanley downgrades its rating on crypto bank Silvergate Capital's shares to underweight from equal weight. (Unsplash)
Global coordination is needed to discourage regulatory arbitrage, Bank of America says. (Shutterstock)
Bank of America Says Regulation Is Key for Mainstream Adoption of Crypto
Despite the correction in cryptocurrency markets, the development of blockchain technology has accelerated, a report from the bank said.
Global coordination is needed to discourage regulatory arbitrage, Bank of America says. (Shutterstock)
Crypto users are leaving centralized exchanges and moving to on-chain transactions. (Tom Barrett/Unsplash)
Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse
The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, a report from the firm said.
Crypto users are leaving centralized exchanges and moving to on-chain transactions. (Tom Barrett/Unsplash)
The crypto winter has led to less interest in digital assets among retail investors, Morgan Stanley said. (Monicore/Pixabay)
Crypto Winter Hurt Confidence, but Building Digital-Asset Infrastructure Remains Key, Morgan Stanley Says
Some investors see cryptocurrencies taking 10 to 15 years to become fully mainstream, the report said.
The crypto winter has led to less interest in digital assets among retail investors, Morgan Stanley said. (Monicore/Pixabay)
Regulation of the crypto industry is likely to increase, JPMorgan said. (Pixabay)
JPMorgan: Push to Regulate Crypto to Accelerate After FTX’s Collapse
Crypto derivatives trading is likely to shift to regulated venues, and the Chicago Mercantile Exchange is expected to emerge as a winner, the bank said.
Regulation of the crypto industry is likely to increase, JPMorgan said. (Pixabay)
Singapore (Unsplash)
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)
Grayscale CEO Michael Sonnenshein (CoinDesk)
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)