Michael Bellusci

Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.

Michael Bellusci

Latest from Michael Bellusci


Finance

Developer of Decentralized Ride-Sharing App Teleport Raises $9M in Bid to Compete With Uber, Lyft

DEC wants to create a decentralized ride-sharing community and take market share from established companies.

Teleport founder Paul Bohm (Teleport)

Finance

Crypto Ad Spending Slowdown Contributes to Google’s Soft Quarter

The company's ad growth in the third quarter was its slowest in nine years.

(Pawel Czerwinski/Unsplash)

Finance

ARK's Cathie Wood Bought $100K Worth of Bitcoin Years Ago at $250 and Has Never Sold It

The founder and CEO of ARK Investment Management said she made the purchase after reading the Satoshi white paper.

Ark Invest's Cathie Woods (Danny Nelson/CoinDesk)

Finance

Crypto Mining Data Center Firm Soluna Tumbles After Capital Raise

The company raised about $2 million in a share sale.

(Getty Images)

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Finance

Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO's USDC, Analyst Says

A proposal to move the stablecoin assets was made by Coinbase in September and is nearing a final deadline.

Coinbase has proposed moving $1.6 billion of MakerDAO's USDC to Coinbase Prime. (Chesnot/Getty Images)

Finance

Fidelity’s Crypto Platform to Add Ether Trading for Institutional Clients

The move comes after Fidelity launched a new Ethereum Index Fund for accredited investors.

Fidelity Investments sign (Jonathan Weiss/Shutterstock)

Finance

Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year

The news comes alongside a Q3 earnings miss that's sending the stock lower by more than 20% on Tuesday.

Casa central de Silvergate Bank. (CoinDesk)

Finance

Silvergate Shares Drop as USD Transfers, Digital Deposits Slowed in Q3

The digital asset bank grew its customer base to 1,677 during the third quarter.

Silvergate CEO Alan Lane at Consensus 2016 (CoinDesk archives)

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Finance

BNY Mellon Says Client Demand for Crypto Led to Custody Offering

Executives from the world's largest custodial bank spoke on the company’s earnings call Monday morning.

Nasdaq está ofreciendo servicios de custodia de criptomonedas. (Tim Evans/Unsplash)

Finance

Mango Markets Community Counters Exploiter’s Settlement Offer

The initial offer appeared to have been rejected.

(Kevin Ku/Unsplash)