Nelson Wang

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.

Nelson Wang

Latest from Nelson Wang


Tech

Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’

Most states in the U.S. have approved the product.

David Marcus, the head of Facebook's blockchain projects.

Finance

Bitfarms Increases Revenue by Almost 400% in Q2

The crackdown on crypto mining in China has helped the results and outlook for the Canadian bitcoin mining firm.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.

Markets

Poly Network Hack Not Over as Attacker Prolongs Return of Funds

The attacker now says they are considering accepting the $500,000 bounty offered by Poly Network as a reward for returning the funds, and using it to pay anyone else who can hack the DeFi site.

Screengrab from message encoded into the Ethereum blockchain by the Poly Network attacker.

Policy

Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’

The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue between regulators and market participants.”

Rep. Patrick McHenry (R-N.C.)

Finance

Marathon Digital Shares Rise as Q2 Earnings Beat Estimates

The bitcoin miner's stock has more than tripled this year.

Máquinas de minería de bitcoin

Finance

Jamaica’s Central Bank Mints Country’s First Batch of CBDCs

The pilot program was originally supposed to launch in May, but was delayed for unspecified reasons.

Jamaica has issued its first CBDC.

Markets

Fidelity Takes 7.4% Stake in Marathon Digital

The investment reflects growing institutional and individual interest in investing in crypto-related companies.

Pedestrians pass a Fidelity Investments office in Boston, Ma

Markets

Oscar Mayer Auctioning Off Single Pack of ‘Hot Doge Wieners' Worth 20,000 Dogecoins

Bidding for the single pack on eBay ended abruptly on Wednesday before resuming again the next day.

Oscar Mayer's exclusive pack of "Hot Doge Wieners"

Finance

Arca Launches Actively Managed ‘Digital Yield’ Fund

The fund is targeting effective yields in the low double digits.

Arca CEO Rayne Steinberg

Finance

MicroStrategy CEO Likens Borrowing to Buy Bitcoin to Investing Early in Facebook

Michael Saylor defended his company’s debt-fueled, bitcoin buying spree over the last year by saying it continued to be a great investment.

MicroStrategy CEO Michael Saylor