Nelson Wang

Nelson Wang

Nelson was CoinDesk’s U.S. News Editor for the East Coast. He previously served as the technology stocks editor and consumer stocks editor at TheStreet, and prior to that was the business and personal finance editor for Yahoo.com. He has also held editing positions at Condé Nast Portfolio’s website and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.

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PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)
Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin
The SEC filed a lawsuit last month against the crypto exchange alleging that its retail staking service constitute securities.
PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)
FTX founder Sam Bankman-Fried (Michael M. Santiago/Getty Images)
FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg
The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources.
FTX founder Sam Bankman-Fried (Michael M. Santiago/Getty Images)
Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)
Polygon Takes Wraps Off Version 2.0
The protocol calls its latest version “the value layer of the Internet.”
Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)
PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)
Coinbase Shares Rise as Q1 Revenue Grows 23% to $773M From Q4
The crypto exchange reported results after the close on Thursday.
PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)
PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)
Coinbase No Longer Supporting Signature Bank’s Signet Network: WSJ
The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.
PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)
FTX founder Sam Bankman-Fried (Michael M. Santiago/Getty Images)
FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.
FTX founder Sam Bankman-Fried (Michael M. Santiago/Getty Images)
Anchorage Digital President Diogo Monica (Danny Nelson/CoinDesk)
Crypto Platform Anchorage Digital Laying Off 20% of Its Staff
The firm said that U.S. regulatory uncertainty played a role in its decision.
Anchorage Digital President Diogo Monica (Danny Nelson/CoinDesk)
Department of Justice seal, DOJ
Justice Department Investigating TerraUSD Stablecoin Collapse: Reports
The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.
Department of Justice seal, DOJ
(Smith Collection/Gado/Getty Images)
FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ
The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank.
(Smith Collection/Gado/Getty Images)
New York State Attorney General Letitia James (Alex Kent/Getty Images)
New York Attorney General Alleges Ether Is a Security in KuCoin Lawsuit
A press release said the lawsuit was part of ongoing "efforts to crack down on unregistered cryptocurrency platforms."
New York State Attorney General Letitia James (Alex Kent/Getty Images)