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


Finance

Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO

Brad Garlinghouse declined to say how much capital is at the failed bank but said Ripple “remains strong.”

Ripple CEO Brad Garlinghouse (Danny Nelson/CoinDesk)

Finance

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

The company plans to use corporate resources to fill the gap, including external capital.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finance

Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto

Circle earlier confirmed it has $3.3 billion backing its USDC stablecoin parked at now-shuttered Silicon Valley Bank.

Coinbase CEO Brian Armstrong (CoinDesk)

Finance

USDC Issuer Circle Says It 'Awaits Clarity' From FDIC on Silicon Valley Bank Collapse

The stablecoin issuer declined to state how much cash is tied up at the collapsed financial institution.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Finance

DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC

The collapse of Silicon Valley Bank is causing turmoil in crypto stablecoin markets.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finance

DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source

“We've been working for four weeks actively trying to pursue a M&A route,” protocol’s strategy lead says.

(Getty Images)

Policy

Silicon Valley Bank Shuttered by State Regulators

The startup-focused bank had a number of crypto clients.

(Provided)

Finance

MakerDAO Founder Calls for Rebranding of DAI Stablecoin

Rune Christensen said on a call with community members DAI suffers from bad branding that could be slowing its growth.

Rune Christensen (Trevor Jones)

Finance

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

The offboarding proposal won overwhelming support from members of the Aave DAO.

(Roibu/Shutterstock)

Finance

Crypto Trading Protocol Vertex Eyes Institutional Traders on Arbitrum

“You can never scale the way we’re planning to scale if you’re just" automatic market maker-driven, co-founder Darius Tabatabai said.

Vertex co-founder Darius Tabatabai (Danny Nelson/CoinDesk)