Nikhilesh De,

Nikhilesh De is a journalist who covers markets and policy for CoinDesk. He has been with the company since 2021 and previously worked as an editor at The Block. He holds a bachelor's degree in economics from Harvard University.

Biography:  https://www.coindesk.com/author/nikhilesh-de/

62%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

50%

Examples:

  • The author also seems to have a pro-regulation stance, as he frequently reports on legal cases involving crypto exchanges and platforms.
  • The author shows a clear bias towards certain cryptocurrencies and their CEOs, such as Binance and FTX. He often uses positive adjectives to describe them and downplays any negative aspects of their businesses or actions.

Conflicts of Interest

60%

Examples:

  • The author also has a potential conflict of interest by being named Journalist of the Year by an organization that promotes crypto journalism.
  • The author may have a conflict of interest by owning less than $50 in BTC and $20 in ETH, which are the cryptocurrencies he reports on.

Contradictions

80%

Examples:

  • The author also contradicts his own previous reports on FTX, such as when he named Bankman-Fried Journalist of the Year in 2020, after Bankman-Fried was convicted of fraud and conspiracy charges.
  • The author contradicts himself by reporting that Binance is settling charges with the U.S. DOJ while also claiming that its CEO Changpeng Zhao has resigned as CEO and pleaded guilty in Seattle.

Deceptions

70%

Examples:

  • The author sometimes uses deceptive practices to sensationalize his reports, such as using exaggerated headlines like

Recent Articles

Crypto Market Takes a Nosedive on Friday After Stock Market Opens, Bitcoin and Ethereum Fall Over $4,000 in Value Each

Crypto Market Takes a Nosedive on Friday After Stock Market Opens, Bitcoin and Ethereum Fall Over $4,000 in Value Each

Broke On: Saturday, 13 April 2024 The crypto market plunged on Friday as the stock market opened, with Bitcoin falling over $4,000 and Ethereum dropping 9%. The decline was not caused by any major news in the crypto world but was influenced by the U.S. dollar's strength, higher interest rates, inflation and geopolitical tensions.

Binance Founder Pleads Guilty to Money Laundering Violations, Steps Down as CEO

Broke On: Tuesday, 21 November 2023 Changpeng Zhao, the founder and CEO of Binance, has pleaded guilty to violating U.S. anti-money laundering laws and has stepped down from his position. Binance will pay $1.81 billion within 15 months, and a further $2.51 billion forfeiture as part of the settlement. The Justice Department accused Zhao of turning Binance into a massive money-laundering hub for terrorists, cybercriminals, and customers in sanctioned countries such as Iran and Russia. Binance will have to appoint an independent compliance monitor for three years and report its compliance efforts to the U.S. government. Richard Teng, a former Abu Dhabi regulator and later Binance's regional markets head, will take over as CEO.