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Danny Nelson

Danny Nelson

Danny is CoinDesk's deputy business editor. 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, as well as the LinksDAO NFT.

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Finance
Environment
Elon Musk Says Tesla Is Suspending Bitcoin Payments Over Environmental Concerns
However, Tesla will not be selling any of its bitcoin anytime soon.
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By Zack SewardDanny Nelson
May 12, 2021 at 10:10 p.m. UTC
May 12, 2021
EnvironmentBitcoinTeslaElon Musk
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Finance
Venture capital
Lubin, ConsenSys Vets Raising $75M Venture Fund, Documents Show
Ethereal Ventures has already started joining investments in early-stage blockchain startups. Other details are sparse.
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By Danny Nelson
May 12, 2021 at 8:17 p.m. UTC
May 12, 2021
Venture CapitalEthereumConsenSysJoseph Lubin
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Finance
Ethereum
DAO Raises $7M to Acquire and Fractionalize NFT Collections
JennyDAO wants to make rare non-fungibles more accessible for backers big and small.
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By Danny Nelson
May 12, 2021 at 2:00 p.m. UTC
May 12, 2021
EthereumDAOsMulticoin CapitalNFTsDeFi
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Finance
Bitcoin atms
MoneyGram to Allow Bitcoin Buying and Selling Across Retail Network
The money transfer company will debut cash-for-bitcoin trades at 12,000 locations after linking up with Coinme.
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By Danny NelsonLawrence Lewitinn
May 12, 2021 at 1:35 p.m. UTC
May 12, 2021
Bitcoin ATMsBitcoinMoneyGram
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Markets
Regulation
SEC Staff Calls Bitcoin ‘Highly Speculative,’ Hints at ETF Skepticism
SEC staff intend to determine whether the "bitcoin futures market could accommodate ETFs," the note said.
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By Nikhilesh DeDanny Nelson
May 11, 2021 at 10:56 p.m. UTC
May 11, 2021
RegulationSecurities and Exchange CommissionBitcoin FuturesBitcoin ETFs
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Finance
Peter thiel
Peter Thiel’s Palantir Now Accepts Bitcoin Payments, ‘Thinking’ About Treasury Investment
In a Tuesday earnings call, CFO Dave Glazer said bitcoin on the balance sheet is “definitely on the table.”
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By Danny Nelson
May 11, 2021 at 1:44 p.m. UTC
May 11, 2021
Peter ThielBitcoinPalantirBitcoin Treasury Reserve Asset
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Opinionated
China
Do We Really Need CBDCs?
The global race for leadership in central bank digital currencies (CBDCs) started with China charging forward with its digital yuan project and all other nations rushing to ca...
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By Ben SchillerAnna BaydakovaDanny Nelson
May 8, 2021 at 5:00 p.m. UTC
May 8, 2021
ChinaBitcoinAccentureCryptoCBDCsDigital DollarOpinionated
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Policy
Fraud
NY Attorney General Moves to Shut Down Crypto App Coinseed Over Fraud Claims
The action follows allegations of fraud against the app in February.
ny-attorney-general-letitia-james-visits-rochester-as-office-investigates-death-of-daniel-prude
By Danny Nelson
May 7, 2021 at 1:57 p.m. UTC
May 7, 2021
FraudSecurities and Exchange CommissionNew York Attorney GeneralEnforcement
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Finance
Bitcoin etfs
Scaramucci’s SkyBridge Taps NYDIG as Bitcoin ETF Custodian, Documents Show
New SEC filings reveal NYDIG has been picked for SkyBridge's pending bitcoin ETF application.
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By Danny Nelson
May 6, 2021 at 10:20 p.m. UTC
May 6, 2021
Bitcoin ETFsNYDIGAnthony ScaramucciSkyBridge
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Finance
Nfts
Upshot’s NFT Appraisal Protocol Nabs $7.5M From CoinFund, Framework
The peer prediction startup is trying to add some nuance to the wildly-priced world of NFT valuation.
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By Danny Nelson
May 6, 2021 at 12:30 p.m. UTC
May 6, 2021
NFTsDeFiSlow VenturesFramework VenturesCoinFund