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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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USDT chart (CoinDesk)
Finance
Usdt
Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
Omni was the first transport layer that Tether used in 2014.
USDT chart (CoinDesk)
By Oliver Knight
Aug 17, 2023 at 12:54 p.m. UTC
Aug 17, 2023
USDTTetherOmni LayerkusamaBCH
BitGo has raised $100 million at a $1.75 billion valuation. (Danny Nelson/CoinDesk)
Finance
Bitgo
BitGo Raises $100M After Scrapping Prime Trust Deal: Bloomberg
The raises comes nearly two months after BitGo ended its plan to buy beleaguered rival Prime Trust.
BitGo has raised $100 million at a $1.75 billion valuation. (Danny Nelson/CoinDesk)
By Parikshit MishraOliver Knight
Aug 16, 2023 at 11:43 a.m. UTC
Aug 16, 2023
BitGoCrypto Custodians
Base's daily active users soar (Dune)
Markets
Coinbase
Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.
Base's daily active users soar (Dune)
By Oliver Knight
Aug 11, 2023 at 12:30 p.m. UTC
Aug 11, 2023
CoinbaseBaseSocial NetworksOptimism
Multichain-linked wallet sells over $4 million of altcoins (Towfiqu Barbhuiya/Unsplash)
Finance
Link
'Suspicious' Multichain Wallet Dumps $1.8M of WOO Network Tokens; Price Drops 8%
The wallet is actively selling CRV and YFI tokens on Uniswap.
Multichain-linked wallet sells over $4 million of altcoins (Towfiqu Barbhuiya/Unsplash)
By Oliver Knight
Aug 4, 2023 at 1:36 p.m. UTC
Aug 4, 2023
LinkWoo networkMultiChainExploitOn-chain Data
dogecoin/pepe slot machine (Coco Bets)
Finance
On-chain data
Memecoin-Focused Crypto Casino Coco Makes a Cracking Debut, Hits $36M in Volume
The casino features a slot machine focused on dogecoin and pepe.
dogecoin/pepe slot machine (Coco Bets)
By Oliver Knight
Jul 28, 2023 at 11:23 a.m. UTC
Jul 28, 2023
On-chain DatacasinosGambling
A user from GCR getting their iris scanned with a Worldcoin Orb in Paris on July 21. (Eliza Gkritsi/CoinDesk)
Finance
Worldcoin
Worldcoin Hype Causes Optimism to Leapfrog Arbitrum in Daily Transactions
Worldcoin's token has more than 250,000 holders just two days after it launched.
A user from GCR getting their iris scanned with a Worldcoin Orb in Paris on July 21. (Eliza Gkritsi/CoinDesk)
By Oliver Knight
Jul 27, 2023 at 2:58 p.m. UTC
Jul 27, 2023
worldcoinArbitrumOptimismOn-chain Data
Trader redeems 6.72k ETH from Rocket Pool (Elena Mozhvilo/Unsplash)
Finance
On-chain data
Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn
The trader reportedly sent the ether to Binance after redeeming staked ether on Rocket Pool.
Trader redeems 6.72k ETH from Rocket Pool (Elena Mozhvilo/Unsplash)
By Oliver Knight
Jul 27, 2023 at 11:42 a.m. UTC
Jul 27, 2023
On-chain DataStaked ethEther
TVL drops across DeFi (DefiLlama)
Finance
On-chain data
DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing
Sunday marked the lowest daily volume across DeFi since the turn of the year.
TVL drops across DeFi (DefiLlama)
By Oliver Knight
Jul 26, 2023 at 12:46 p.m. UTC
Jul 26, 2023
On-chain DataDeFiTVL
Optimism token unlock schedule (token.unlocks.app)
Finance
Optimism
Optimism Tokens Worth $36M to Be Unlocked on Sunday; OP Slides 3.5%
Before the previous unlock, the token plunged more than 10% before recovering on the day.
Optimism token unlock schedule (token.unlocks.app)
By Oliver Knight
Jul 25, 2023 at 2:28 p.m. UTC
Jul 25, 2023
OptimismOn-chain DataMarkets
EraLend falls victim to $3.6 million exploit (Towfiqu Barbhuiya/Unsplash)
Finance
Defi
ZkSync's Largest Lender Struck by $3.4M Exploit
EraLend said the threat has been contained, but advises against deposits.
EraLend falls victim to $3.6 million exploit (Towfiqu Barbhuiya/Unsplash)
By Oliver Knight
Jul 25, 2023 at 1:34 p.m. UTC
Jul 25, 2023
DeFiHackExploitZksync eraExploits