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

Binance Clarifies What Caused Earlier Bitcoin Withdrawal Issues

The crypto exchange said the problem was stuck transactions and the fix would prevent the issue from recurring.

Changpeng Zhao, CEO de Binance. (Archivo de CoinDesk)

Finance

Mastercard Now Allowing Cardholders to Buy NFTs on Several Marketplaces

Mastercard is partnering with multiple platforms including Immutable X, The Sandbox and MoonPay.

Mastercard logos appear on credit cards arranged for a photo

Finance

Huobi Enters Venture Capital With Ivy Blocks

The exchange's newly formed investment arm will focus on DeFi and Web 3 ventures.

Will More Institutional Exchanges Follow on Huobi's Heels?

Finance

Digital Payments Firm Flexa to Buy Drop Party to Engage With Customers

Drop Party uses merchandise drops to connect brands and consumers

(d3sign/Getty Images)

Finance

Marathon Digital Bitcoin Production Weaker Than Hoped in May

The company continues to "HODL" all of its mined bitcoin, with 9,941 coins worth $315.1 million on its balance sheet as of June 1.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Virtu Sees Crypto Market-Making Opportunity, Has Little Confidence in Incumbents, CEO Says

Virtu Financial's CEO is positive on building a crypto marketplace with Citadel Securities.

Wall Street sizes up security tokens (Sophie Backes/Unsplash)

Technologies

Anchorage Digital Spearheads Crypto Custody Exchange Network to Enhance Trading, Liquidity

Anchorage and crypto companies including Binance.US have created an exchange network for institutional investors.

Anchorage co-founders Diogo Monica and Nathan McCauley (Anchorage)

Finance

BGC Partners Expects to Launch Crypto Exchange by 2023 Q1

BGC Partners will launch a crypto exchange that can compete with larger competitors, CEO Howard Lutnick said at a conference Wednesday.

Wall Street sizes up security tokens (Sophie Backes/Unsplash)

Finance

Miami International Holdings, Lukka Form Pact in Plan to Launch Crypto Derivatives

The companies seek to launch cash-settled bitcoin and ether futures and options, pending regulatory approval.

MIH and Lukka signed a deal for crypto derivatives. (© Krunja/Getty images)

Finance

Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish

The CEO said he doesn't see a V-shaped market recovery occurring.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)