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


Finance

DeFi Alliance Becomes ‘Alliance DAO’ After $50M Raise From 300 Web 3 Leaders

What the new moniker means for the newly minted decentralized autonomous organization is somewhat TBD.

DAOs will fundamentally change how organizations operate. (Michal Parzuchowski/Unsplash)

Layer 2

The Mnuchin Files: New Documents Shed Light on Trump-Era Crypto Policy

Jared Kushner advocated behind the scenes for a U.S. digital currency, among other revelations in a 250-page trove from Steven Mnuchin’s tenure at Treasury.

Steven Mnuchin (Illustration: Melody Wang/Photo: Getty Images)

Finance

Umee Buckles Down for Mainnet With $32M Token Sale on CoinList

CEO Brent Xu is leveraging his former life as a bond trader to build what he calls a “global debt hub.”

The Open Intents Framework is a new initiative created by Ethereum ecosystem leaders to simplify and standardize cross-chain token transfers.  (Akinori UEMURA/Unsplash)

Tech

Polygon Discloses Patched Exploit That Put 9B MATIC at Risk

“There is a natural tension between security and transparency,” Polygon’s team said in a Wednesday blog post.

(Ariel/Unsplash)

Finance

Aoki, Alameda Back Algorithmic Stablecoin on Arbitrum at $200M Valuation

Sperax said its USDs stablecoin will generate yield from users’ collateral.

Algorithmic stablecoins seek balance through unconventional means. (eswaran arulkumar/Unsplash)

Finance

Solana Wallet Phantom Nixes Auction for iOS Beta Invites After Community Erupts

Solanaland’s top crypto wallet abandoned its NFT auction hours before the pricey proceedings were set to begin.

(Arnel Hasanovic/Unsplash)

Policy

Wyoming Sen. Lummis to Propose New Crypto Regulator, Clear Guidance in 2022 Bill

The bitcoin-holding U.S. senator is trying to “fully integrate” crypto into the U.S. financial system, an aide said.

Sen. Cynthia Lummis (R-Wyo.) walks the halls of the Capitol outside the Senate chamber on Aug. 10, 2021. (Liz Lynch/Getty Images)

Finance

B.Protocol Raises $2.2M to Backstop DeFi Liquidations

1kx, Spartan Group and Robot Ventures are backing a project that aims to smooth DeFi’s sometimes-hairy liquidation events.

(Maximalfocus/Unsplash)