Michael Bellusci

Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.

Michael Bellusci

Latest from Michael Bellusci


Finance

Canadian Crypto Trading Platform VirgoCX Raises $8M, With Growth in Sight

The crypto trading platform is looking at expanding overseas after garnering Canadian regulatory approvals.

Toronto, Ontario, Canada (Jan Web/Unsplash)

Finance

Epic Games Adds Gala's Web 3 Wild West-Themed Grit to Its Store

Grit will be the first Web 3 game available for players on Epic's store.

Gala Games' Grit is now available on the Epic Games Store. (Matthias Clamer/Getty images)

Finance

Crypto SPACs Brace for Cruel Summer With Lower Valuations, SEC Scrutiny

Deals may need to get repriced, an industry investment banker told CoinDesk.

Wall Street

Finance

Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says

Crypto is quickly becoming the "payment of choice for many scammers," says the agency.

FTC / Flickr

Finance

Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues

Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets.

The bear market downturn in the cryptocurrency and equity markets has led to growing layoffs by crypto firms. (Getty Images)

Finance

Winklevoss-Led Gemini Cuts 10% of Staff, Citing ‘Turbulent’ Crypto Market

Gemini cited the cryptocurrency downturn along with macroeconomic market conditions.

CoinDesk placeholder image

Finance

GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter

The company also confirmed intentions to launch its NFT marketplace in the second quarter.

GameStop (John Smith/VIEWpress/Getty Images)

Finance

Binance-Supported Deal for Forbes to Go Public Via SPAC Is Called Off

Binance had invested $200 million in Forbes earlier this year as part of the plan.

Changpeng Zhao, founder and chief executive officer of Binance (Bloomberg/Getty Images)

Finance

Terra’s Mirror Protocol Allegedly Suffers New Exploit

Community users are raising the alarm about a possible bug in the LUNC pricing oracles.

(Mike Haupt/Unsplash)

Markets

Bitcoin Begins a New Week by Hitting Above $31K

Bitcoin posted a strong start to the week, rising to over $31,000 while U.S. equity markets were closed for the Memorial Day holiday.

(Daria Nepriakhina/Unsplash)