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.

Recent

Policy

Politics

This Virginia Lawmaker Argues Blockchain Can Boost Local Elections, Economy

House of Delegate member Hala Ayala wants Virginia to seriously consider blockchain for the future of elections and the economy.

By Danny Nelson

Jan 23, 2020 at 10:20 a.m. UTC

Jan 23, 2020

PoliticsBlockchainHala AyalaVirginia House of Delegates

Markets

Sec

Federal Judge Orders Kik Technical Advisor to Sit for Deposition With SEC

Kik technical advisor Tanner Philp must sit for another deposition in the company's ongoing legal fight with the SEC over its 2017 token sale, a federal judge ruled Wednesday.

By Danny Nelson

Jan 22, 2020 at 9:29 p.m. UTC

Jan 22, 2020

SECKikSecurities LawHearings

Tech

Canada

Canada Forges $130,000 Development Deal for Steel-Tracking Blockchain

The Canadian government has awarded enterprise blockchain startup Mavennet a procurement contract for the development of an on-chain steel-tracking platform.

By Danny Nelson

Jan 21, 2020 at 9:00 a.m. UTC

Jan 21, 2020

CanadaBlockchainSupply ChainMavennetSteel

Markets

Bitfinex

Plaintiffs Move to Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether

Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.

By Danny Nelson

Jan 17, 2020 at 10:05 p.m. UTC

Jan 17, 2020

BitfinexTetherClass Action Lawsuit

Markets

Cftc

CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case

Patrick McDonnell was sentenced to 33 months in federal prison and ordered to pay victims $225,000 after pleading guilty to charges he defrauded investors in his crypto tradin...

By Danny Nelson

Jan 16, 2020 at 10:41 p.m. UTC

Jan 16, 2020

CFTCFraudCabbagetechPatrick McDonnell

Policy

Taxation

US Lawmakers Try Again on Tax Relief for Small Crypto Payments

House Representatives’ bipartisan legislation would exempt realized crypto gains under $200 from taxation.

By Danny Nelson

Jan 16, 2020 at 9:15 p.m. UTC

Jan 16, 2020

taxation

Markets

Trading

Anchorage Moves Into Crypto Trading With New Brokerage Service

Crypto custodian Anchorage is launching a brokerage for its institutional clients, supporting the effort with new analysis and risk modeling capabilities after acquiring data...

By Danny Nelson

Jan 15, 2020 at 9:30 p.m. UTC

Jan 15, 2020

TradingAnchorageCustodians

Policy

Congress

NJ Counterterrorism Chief Warns US Congress: Crypto Is Funding 'Domestic Extremism'

New Jersey Office of Homeland Security and Preparedness Director Jared Maples predicted Wednesday that domestic terrorists will increasingly turn to bitcoin.

By Danny Nelson

Jan 15, 2020 at 6:57 p.m. UTC

Jan 15, 2020

CongressTerrorismNew JerseyTerrorist FinancingHomeland Security

Tech

Ethereum

JPMorgan Veterans' Kadena Launches Public Blockchain, Integrates Wallet to Cosmos Network

Kadena, a startup spun out of JPMorgan’s blockchain center, has taken a step toward its vision of creating interoperable, scalable public blockchains with a full launch Wednes...

By David Pan Danny Nelson

Jan 15, 2020 at 3:00 p.m. UTC

Jan 15, 2020

EthereumBitcoinScalingKadenaBlockchainsCosmos