Danny Nelson

Danny was CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.

Danny Nelson

Latest from Danny Nelson


Markets

BlockFi Takes 5% Stake in Grayscale’s $4.8B Bitcoin Trust

The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital.

BlockFi CEO Zac Prince

Markets

PayPal's Move Is Good for Crypto Adoption but Not So Much for Profits: Morgan Stanley

There may be more upside for crypto than for PayPal's earnings, researchers wrote.

r3

Markets

Spanish Police Arrest Head of Billion-Dollar Crypto Arbitrage Platform on Fraud Allegations

Arbistar 2.0 operator Santiago Fuentes was arrested Wednesday and faces criminal fraud and money laundering charges in Spain.

National Police of Spain

Markets

Bitstamp Names Gemini Alum Julian Sawyer as CEO

Sawyer replaces Bitstamp's founder Nejc Kodrič, now in a "non-executive role."

Julian Sawyer, Gemini Exchange

Markets

Hong Kong 'Exploring' Collaboration With China on Digital Yuan: Finance Chief

A cross-boundary digital yuan could bring Hong Kong closer to China, Hui said.

hongkongchinaflag

Tech

CasperLabs Raises $14M From Launch-Day Node Runners

Blockchain startup CasperLabs has banked $14 million from investors who pledged to secure its proof-of-stake Casper network at launch.

Network nodes

Tech

New York Lawyers Propose Toolkit for Keeping 'Decentralized' Blockchains Honest

Ketsal's "Open Standards" rubric is the latest push to demystify network decentralization in the blockchain space.

Figuring out whether a blockchain network is sufficiently decentralized could have broad ramifications.

Policy

PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer

PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”

PayPal

Markets

Kik Must Pay SEC $5M, Judge Rules, Ending Yearlong Battle Over $100M ICO

Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.

Kik CEO Ted Livingston