BTC
$107,901.54
-
0.29%
ETH
$2,506.32
-
1.72%
USDT
$0.9990
-
0.07%
XRP
$2.3169
-
1.22%
BNB
$663.33
-
0.68%
SOL
$173.38
-
0.93%
USDC
$0.9987
-
0.06%
DOGE
$0.2227
-
2.61%
ADA
$0.7397
-
2.68%
TRX
$0.2716
-
0.43%
SUI
$3.6213
-
1.67%
HYPE
$34.44
+
4.23%
LINK
$15.35
-
2.69%
AVAX
$22.75
-
1.91%
XLM
$0.2853
-
1.79%
SHIB
$0.0₄1445
-
0.18%
BCH
$424.82
-
1.20%
LEO
$8.8307
+
0.29%
HBAR
$0.1884
-
1.95%
XMR
$406.46
+
4.32%
Sign Up
Select Language
English enItaliano itFilipino filFrançais frPortuguês pt-brРусский ruУкраїнська ukEspañol es
Logo

Nelson Wang

U.S. News Editor, East Coast

Nelson edits features and opinion stories and was previously CoinDesk’s U.S. News Editor for the East Coast. He has also been an editor at Unchained and DL News, and prior to working at CoinDesk, he was the technology stocks editor and consumer stocks editor at TheStreet. He has also held editing positions at Yahoo.com and Condé Nast Portfolio’s website, and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC, ETH and SOL above CoinDesk’s disclosure threshold of $1,000.

X icon
Nelson Wang

Latest from Nelson Wang

Finance

Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse

The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.

Nov 16, 2022

(Genesis Trading, modified by CoinDesk)

Finance

FTX Assets Frozen by Bahamian Regulator

The Bahamas Securities Commission said it was a “prudent course of action” to “preserve assets and stabilize the company.”

Nov 10, 2022

FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Finance

Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023

The crypto exchange’s transaction revenue fell 44% from the second quarter.

Nov 3, 2022

(Chesnot/Getty Images)

Policy

US Accounting Standards Board Member Supports Reporting Crypto Swings as Income: Bloomberg

If adopted, the move would mean cryptocurrency gains and losses would directly impact companies’ earnings.

Nov 3, 2022

Old fashioned ledger (Getty Images)

Finance

Robinhood’s Crypto Revenue Declined 12% to $51 Million in Q3

The popular no-fee trading app’s monthly average users fell to 12.1 million as customers navigated a “volatile market environment.”

Nov 2, 2022

(Shutterstock)

Finance

Binance CEO Zhao Considering Buying Banks: Report

Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a Bloomberg report.

Nov 2, 2022

Binance CEO Changpeng Zhao (Binance)

Policy

White House Convenes Summit for Stopping the Spread of Ransomware

Among other moves, President Biden’s office plans to share information with partners about crypto wallets used for laundering extorted funds.

Nov 1, 2022

The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)

Finance

MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3

The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.

Nov 1, 2022

MicroStrategy Executive Director Michael Saylor speaks at the Bitcoin 2021 Convention (Joe Raedle/Getty Images)

Finance

Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023

Meta's revenue for the division came in at $285 million, down from $452 million in the second quarter.

Oct 26, 2022

Mark Zuckerberg's Meta Platforms has joined an industry privacy group that includes many blockchain companies. (Christophe Morin/IP3/Getty Images)

Policy

Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says

Analysis by the crypto analytics firm showed that all the bitcoin bribes originated from the coin mixing wallet.

Oct 25, 2022

Guochun He, left, and Zheng Wang are accused of attempting to obstruct a U.S. investigation. (Justice Department)
Pageof 41