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

Kevin O’Leary-Backed DeFi Platform WonderFi to Purchase Bitbuy for $162M in Cash, Shares

The deal gives WonderFi one of Canada’s fastest-growing crypto platforms, adding 375,000 registered users.

The Bitbuy team. (Bitbuy)

Finance

Binance Held Talks With Ontario Securities Commission, Says Restrictions on Users Remain

Binance’s Ontario users still face account restrictions.

Binance CEO Changpeng Zhao (Bryan van der Beek/Bloomberg via Getty Images)

Policy

Binance Still Not Authorized to Operate in Ontario, Securities Commission Says

The regulator’s statement on Thursday comes after Binance said on Wednesday it had worked with regulators to ensure continued operations.

Binance CEO Changpeng Zhao (Bryan van der Beek/Bloomberg via Getty Images)

Finance

Binance to Continue Operating in Ontario After Cooperating With Canadian Regulators

The crypto exchange originally told its users in Canada’s most populous province they would need to close their accounts by Dec. 31.

End of an Era? Binance Clamps Down on Customer Verification Requirements

Finance

Voyager Digital Sued for Allegedly Misleading Investors on Trading Fees

The lawsuit charges the crypto exchange with charging hidden commissions despite its claim to be commission-free.

The Voyager Digital Ltd. application for download in the Apple App Store on a smartphone arranged in Little Falls, New Jersey, U.S., on Saturday, May 22, 2021. Elon Musk continued to toy with the price of Bitcoin Monday, taking to Twitter to indicate support for what he says is an effort by miners to make their operations greener. Photographer: Gabby Jones/Bloomberg via Getty Images

Finance

MicroStrategy’s Saylor Lays Out Ways Firm Could Generate Yield From Its Massive Bitcoin Holdings

The CEO discussed several ways the software company could produce income from the 122,478 bitcoin on its balance sheet.

MicroStrategy CEO Michael Saylor

Policy

SEC Delays Decision on Grayscale and Bitwise Spot Bitcoin ETFs

The agency is extending its review of two proposals by at least 45 days.

SEC Commissioners 'Disappointed' in SEC Ruling on Crypto Firm Coinschedule

Policy

Federal Regulator Says Credit Unions Can Partner With Crypto Providers

The new guidance will allow them to support the buying and selling of cryptocurrencies.

(Wikimedia Commons)

Finance

ConsenSys Collaborates With Mastercard on New Ethereum Scaling System

The software firm said projects built using “Consensys Rollups” can reach a throughput of up to 10,000 transactions per second (TPS) on a private chain.

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Finance

Payment Services Giants See Crypto as Opportunity, Not Threat: MoffettNathanson

Visa, Mastercard and PayPal are expanding their crypto capabilities and continuing to invest across the fledgling industry.

(Melody Wang/CoinDesk)