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Danny Nelson

Danny Nelson

Danny is CoinDesk's managing editor for Data & Tokens. 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 tokens, as well as the LinksDAO NFT.

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A large PayPal logo is on display outside its corporate HQ (Shutterstock)
Finance
Paypal
PayPal Makes Retail Stablecoin Play with PYUSD on Solana
The asset comes with Token Extensions that give it compliance superpowers.
A large PayPal logo is on display outside its corporate HQ (Shutterstock)
By Danny Nelson
May 29, 2024 at 1:00 p.m. UTC
May 29, 2024
PayPalStablecoinSolana
LayerZero is a so-called bridging platform: a messenger between blockchains that don’t naturally communicate with each other. (Aleksandr Barsukov/Unsplash)
Technology
Crypto Bridge LayerZero Connects to Solana Blockchain
Crypto holders on Solana will be able to move their assets to Arbitrum, Ethereum, Polygon and the 70 other chains it links to – and vice versa.
LayerZero is a so-called bridging platform: a messenger between blockchains that don’t naturally communicate with each other. (Aleksandr Barsukov/Unsplash)
By Danny Nelson
May 29, 2024 at 1:00 p.m. UTC
May 29, 2024
Gabriel Shapiro (Gabriel Shapiro)
Finance
Venture capital
Crypto Governance Advisory MetaLeX Raises $2.75M
Gabriel Shapiro wants to "BORGify" crypto governance.
Gabriel Shapiro (Gabriel Shapiro)
By Danny Nelson
May 24, 2024 at 4:24 p.m. UTC
May 24, 2024
Venture CapitalGabriel ShapiroExclusive
Donald Trump at an NFT event at Mar-a-Lago on May 8, 2024. (Danny Nelson/CoinDesk)
Finance
Donald trump
Trump Becomes First Major Party Candidate to Accept Crypto Donations
The likely GOP flag bearer in the upcoming U.S. presidential election signaled his friendliness to crypto at a Mar-a-Lago event earlier this month.
Donald Trump at an NFT event at Mar-a-Lago on May 8, 2024. (Danny Nelson/CoinDesk)
By Danny Nelson
May 21, 2024 at 8:02 p.m. UTC
May 21, 2024
Donald Trump
Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)
Policy
Regulations
Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response
Uniswap’s lawyers say the protocol doesn’t meet the SEC’s own definition of an exchange.
Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)
By Cheyenne LigonDanny Nelson
May 21, 2024 at 5:30 p.m. UTC
May 21, 2024
RegulationsUniswapSECEnforcementLegal
Jason Brink, President of Blockchain, Gala Games, at Consensus (Shutterstock/CoinDesk)
Markets
Gala
Gala Games Hacker Returns $23M in ETH; Founder Proposes 'Buy and Burn'
Gala investor DWF Labs also said that it had purchased 28 million GALA tokens "to alleviate market selling pressures."
Jason Brink, President of Blockchain, Gala Games, at Consensus (Shutterstock/CoinDesk)
By Danny Nelson
May 21, 2024 at 4:14 p.m. UTC
May 21, 2024
GalaGala gamesHackDwf labs
The Glue homepage (Danny Nelson/CoinDesk)
Finance
Layer 1
Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain
The upcoming layer-1 takes a hands-on approach to ensuring project security.
The Glue homepage (Danny Nelson/CoinDesk)
By Danny Nelson
May 21, 2024 at 3:02 p.m. UTC
May 21, 2024
layer 1SecurityHack
(Alpha Rad/Unsplash)
Finance
Gala
Gaming Token Gala Stabilizes as Company Says Security Incident 'Contained'
Someone minted 5 billion GALA tokens and then sold them on decentralized exchange Uniswap.
(Alpha Rad/Unsplash)
By Danny NelsonSam Reynolds
May 20, 2024 at 9:13 p.m. UTC
May 20, 2024
Gala
Solana Hacker House in Miami (Danny Nelson/CoinDesk)
Finance
Meme coin
Solana Meme Coin Factory Pump.Fun Compromised by 'Bonding Curve' Exploit
The exploiter may not be making any money from the attack.
Solana Hacker House in Miami (Danny Nelson/CoinDesk)
By Danny Nelson
May 16, 2024 at 6:28 p.m. UTC
May 16, 2024
meme coinSolanameme
Peter Boshra/Unsplash
Finance
Token sales
Data Indexer Subsquid Plans to Launch SQD Token Friday
The decentralized indexing protocol has raised over $17 million lifetime from venture capital firms and community investors.
Peter Boshra/Unsplash
By Danny Nelson
May 15, 2024 at 1:47 p.m. UTC
May 15, 2024
Token Sales