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Will Canny

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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.

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(lberto clemares expósito/iStock /Getty Images Plus)
Finance
Coinbase
Goldman Bullish on Online Brokers’ 4Q Earnings Due to Crypto Activity, Retail Trading
The bank sees total crypto trading revenues rising 62% at Coinbase and 18% at Robinhood compared with the quarter before.
(lberto clemares expósito/iStock /Getty Images Plus)
By Will Canny
Jan 13, 2022 at 1:25 p.m. UTC
Jan 13, 2022
CoinbaseSilvergate BankGoldman Sachs
(Tetra Images via Getty Images)
Finance
Tp icap
TP ICAP Has Started Trading Crypto-Linked Exchange-Traded Products for Clients
While the firm is now trading ETPs solely in Europe, a U.S. rollout is planned in eight weeks.
(Tetra Images via Getty Images)
By Will Canny
Jan 10, 2022 at 6:00 a.m. UTC
Jan 10, 2022
TP ICAPETPs
Bank of America (Shutterstock)
Finance
Coinbase
BofA Upgrades Coinbase to Buy, Sees Revenue Diversification Beyond Retail Crypto Trading
The bank says that the increase in other revenue streams could lead to increased buying interest from institutional investors.
Bank of America (Shutterstock)
By Will Canny
Jan 6, 2022 at 1:48 p.m. UTC
Jan 6, 2022
CoinbaseBank of America
sharding (shutterstock)
Finance
Ethereum
JPMorgan Says Ethereum’s DeFi Dominance at Risk Due to ‘Sharding’ Delays
Analysts from the bank said that the scaling of the network might arrive too late.
sharding (shutterstock)
By Will Canny
Jan 6, 2022 at 1:19 p.m. UTC
Jan 6, 2022
EthereumEthereum 2.0DeFiJP MorganAvalancheTerraPolygonSolanaTron
A close-up of one of Riot's mining rigs. (Riot Blockchain)
Finance
Riot blockchain
Shares of Crypto Miner Riot Blockchain Jump 7% After Cantor Starts Coverage
The broker said that the firm is uniquely positioned to gain market share in the bitcoin mining sector.
A close-up of one of Riot's mining rigs. (Riot Blockchain)
By Will Canny
Jan 5, 2022 at 1:59 p.m. UTC
Jan 5, 2022
Riot BlockchainMining
Fitch (Shutterstock)
Policy
Stablecoins
Fitch Says Improved Regulation Could Moderate Stablecoin Credit Risks
The approach taken by the U.S. would be key to medium-term development of stablecoins, Fitch notes.
Fitch (Shutterstock)
By Will Canny
Dec 21, 2021 at 12:43 p.m. UTC
Dec 21, 2021
StablecoinsRegulation
Goldman Sachs Group logo (Daniel Acker/Bloomberg via Getty Images)
Finance
Metaverse
Goldman Sachs Says Blockchain Is Key to Metaverse and Web 3 Development
The Wall Street bank sees blockchain as one of the most disruptive technologies since the advent of the internet.
Goldman Sachs Group logo (Daniel Acker/Bloomberg via Getty Images)
By Will Canny
Dec 17, 2021 at 11:54 a.m. UTC
Dec 17, 2021
MetaverseGoldman SachsWeb 3.0
(Unsplash/Robert Bye)
Finance
Avalanche
BofA Says Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
Avalanche’s AVAX token is now the 12th largest by market value.
(Unsplash/Robert Bye)
By Will Canny
Dec 15, 2021 at 10:40 p.m. UTC
Dec 15, 2021
Avalanche
(Philipp Katzenberger/Unsplash)
Finance
Cybersecurity
Crowdsourced Threat Detector PolySwarm Goes Live on Mainnet
The network uses PolySwarm’s NCT token for transactions.
(Philipp Katzenberger/Unsplash)
By Will Canny
Dec 15, 2021 at 9:53 p.m. UTC
Dec 15, 2021
CybersecuritySPACs
Hamburg, Germany
Finance
Acquisitions
BCB Group Expands in Europe With Acquisition of 100-Year-Old German Bank
The German regulator is expected to approve the transaction by the end of February.
Hamburg, Germany
By Will Canny
Dec 15, 2021 at 6:00 a.m. UTC
Dec 15, 2021
AcquisitionsGermanyBankPayments Network