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

tesla-debuts-its-new-crossover-suv-model-tesla-x

Markets

Bitcoin

Tesla Will Resume Taking Bitcoin as Payment Once Miners Go 50% Green, Musk Says

The comments provide a first benchmark for reinstating bitcoin payments at Tesla.

By Danny Nelson

Jun 13, 2021 at 6:34 p.m. UTC

Jun 13, 2021

BitcoinTeslaBitcoin PaymentsElon Musk

ransom-and-legal-tender-bitcoins-diverging-paths-on-the-global-stage

Opinionated

Ransomware

Ransom and Legal Tender: Bitcoin's Diverging Paths on the Global Stage

This week, “Opinionated” co-hosts Ben Schiller, Anna Baydakova and Danny Nelson address two recent and opposing news pieces: the ransomware attacks and El Salvador’s decision...

By Ben Schiller Anna Baydakova Danny Nelson

Jun 12, 2021 at 3:53 p.m. UTC

Jun 12, 2021

RansomwareBitcoinRansomDollarOpinionated

techcrunch-disrupt-san-francisco-2018-day-1

Finance

Venture capital

Arrington Capital Launches $100M Algorand Ecosystem Fund

The TechCrunch founder’s second crypto fund will bet on Algorand projects and coins. But don’t think the firm is abandoning XRP.

By Danny Nelson

Jun 10, 2021 at 4:00 p.m. UTC

Jun 10, 2021

Venture CapitalAlgorandArrington XRP Capital

trading-on-the-floor-of-the-nyse-as-u-s-stocks-slip-after-trump-fueled-rally

Markets

Etfs

Invesco Plans Two Crypto-Focused ETFs

Atlanta-based Invesco is an investment management firm with $1.5 trillion in assets.

By Kevin Reynolds Danny Nelson

Jun 9, 2021 at 9:23 p.m. UTC

Jun 9, 2021

ETFsInvesco

Policy

Bitcoin mining

Volcano-Powered Bitcoin Mining Goes From Twitter Idea to State Policy in El Salvador

President Nayib Bukele is moving on multiple fronts to make El Salvador an unlikely bitcoin mecca.

By Danny Nelson

Jun 9, 2021 at 7:15 p.m. UTC

Jun 9, 2021

Bitcoin MiningEl SalvadorNayib Bukele

Finance

Andreessen horowitz

Solana Labs Raises $314M in Token Sale Led by A16z, Polychain

It's one of the largest token sales in recent memory.

By Danny Nelson

Jun 9, 2021 at 12:48 p.m. UTC

Jun 9, 2021

Andreessen HorowitzMulticoin CapitalDeFiSolana

governor-cuomo-under-fire-as-he-faces-multiple-sexual-harassment-accusations

Policy

Proof-of-work

New York State Senate Approves Watered-Down Bill Targeting Bitcoin Mining Emissions

The bill, which originally sought to freeze all “cryptocurrency mining centers” in New York for up to three years, heads to the Assembly with a more tailored focus.

By Danny Nelson

Jun 9, 2021 at 3:01 a.m. UTC

Jun 9, 2021

Proof-of-WorkNew York StateGreenidgePower PlantsMining Centers