Danny Nelson

Danny is 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

UST Resumes Spiral After Quiet Day Orbiting 90 Cents

Terra’s shaky stablecoin is prompting calls for closer regulation by key U.S. officials.

TerraUSD (UST) broke its peg, falling below $1 for a second time on Monday and never regaining it. (Clive Mason/Getty Images)

Tech

UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest

By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021.

CoinDesk placeholder image

Finance

Instagram Eyes Creator Economy With NFT Rollout

With millions of creators and billions of users, Instagram could turn NFTs into a cash cow, the company hopes.

MENLO PARK, CALIFORNIA - OCTOBER 28: A pedestrian walks in front of a new logo and the name 'Meta' on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. A new name and logo were unveiled at Facebook headquarters after a much anticipated name change for the social media platform. (Photo by Justin Sullivan/Getty Images)

Finance

Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow

The social media powerhouse won’t charge users for showcasing their crypto art.

Arte callejero en Williamsburg, Brooklyn, por Masnah.eth. (Danny Nelson/CoinDesk)

Finance

‘Tamagotchi on Crack’: Irreverent Labs Raises $40M for NFT Cockfighting Game

Investors are backing a gaming studio whose “MechaFightClub” title is predicated on 6,969 robot chicken NFTs, according to government filings.

(Al Bello/Getty Images, modified by CoinDesk)

Finance

Bitcoin Influencer Dan Held Steps Back From Kraken’s Marketing Team

The soon-to-be former marketing director will instead focus on a personal consulting gig.

Dan Held's bitcoin kicks at a Stacks event in Miami (Danny Nelson/CoinDesk)

Finance

(Crypto) Action! Indie Movie Studio Received $10M in Bitcoin for Shares in October

Angel Studios’ 2021 fundraise featured Uncorrelated Ventures and Gigafund, the Elon Musk-aligned VC.

(Alex Litvin/Unsplash)

Tech

Solana Goes Dark for 7 Hours as Bots Swarm ‘Candy Machine’ NFT Minting Tool

It wasn’t immediately clear how the bot traffic overcame network safeguards.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Finance

Dorsey Praises Musk's Twitter Buy: 'Elon Is the Singular Solution'

"Taking it back from Wall Street is the correct first step," Twitter founder and erstwhile CEO Jack Dorsey tweeted Monday.

CoinDesk placeholder image