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

Markets

Mining

Mining Giant Glencore to Trace Cobalt Using 'Responsible Sourcing' Blockchain Consortium

Glencore, one of the world’s largest cobalt producers, will use a Hyperledger Fabric blockchain to responsibly source its supply chain.

By Danny Nelson

Dec 12, 2019 at 8:10 p.m. UTC

Dec 12, 2019

MiningIBMCobaltIBM Blockchaincobalt miningGlencore

Markets

Southeast asia

Development Group: Southeast Asian Consumers Too Bullish on Crypto?

Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.

By Danny Nelson

Dec 12, 2019 at 7:44 p.m. UTC

Dec 12, 2019

Southeast AsiaPhilippinesMalaysiaVietnamOECDconsumersCrypto Investors

Markets

Insurance

Equilibrium’s Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically

Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg.

By Danny Nelson

Dec 12, 2019 at 2:05 p.m. UTC

Dec 12, 2019

InsuranceEOSStablecoinsEquilibrium

Markets

Investment

Bitfury Invests in Shyft Network to Build Decentralized Identity Products

The Bitfury Group has made what it calls a “strategic acquisition” in decentralized credential provider Shyft Network as it prepares to build out government-facing identity pr...

By Danny Nelson

Dec 11, 2019 at 2:00 p.m. UTC

Dec 11, 2019

InvestmentBitFuryDecentralized IdentityShyft

Finance

France

France's New 'Napoleon Bitcoin Fund' Is Tied to CME's Cash-Settled Futures

French asset management firm Napoleon AM has launched a new fund tied to CME's cash-settled bitcoin futures.

By Danny Nelson

Dec 11, 2019 at 1:00 a.m. UTC

Dec 11, 2019

FranceBitcoin Futures

u-s-customs-and-border-protection-provide-testimony-at-ms13-hearing

Policy

Fincen

FinCEN Sees Jump in Crypto-Related Suspicious Activity Reports

Crypto companies have filed 7,100 Suspicious Activity Reports since May, America’s anti-money-laundering chief said at a banking conference Tuesday.

By Danny Nelson

Dec 10, 2019 at 11:00 p.m. UTC

Dec 10, 2019

FinCENAMLRegulationSAR

Markets

Stablecoins

Saga Stablecoin Goes Live Backed by Basket of Fiat Currencies

Saga Monetary Technologies has finally launched its SGA stablecoin, and it's already planning to break away from its pegged basket of currencies.

By Danny Nelson

Dec 10, 2019 at 10:00 a.m. UTC

Dec 10, 2019

StablecoinsSaga

Markets

Malware

Cryptojacking Malware Devs Sentenced to 20 Years in Prison

Two members of Romanian hacker gang Bayrob Group were sentenced to two decades in prison after their malware mined crypto on 400,000 infected computers.

By Danny Nelson

Dec 9, 2019 at 6:00 p.m. UTC

Dec 9, 2019

MalwareCryptojackingBayrob Group