Nick Baker

Nick Baker is CoinDesk's deputy editor-in-chief. He won a Loeb Award for editing CoinDesk's coverage of FTX's Sam Bankman-Fried, including Ian Allison's scoop that caused SBF's empire to collapse. Before joining in 2022, he worked at Bloomberg News for 16 years as a reporter, editor and manager. Previously, he was a reporter at Dow Jones Newswires, wrote for The Wall Street Journal and earned a journalism degree from Ohio University. He owns more than $1,000 of BTC and SOL.

Nick Baker

Latest from Nick Baker


Policy

Kalshi's New Political Prediction Markets Halted as CFTC Appeals Loss

Contracts offered to U.S. customers on who will control Congress only traded a few hours before being halted pending the appeal.

(Nikhilesh De/CoinDesk)

Finance

Stablecoin Giant Circle Is Moving Its Headquarters to New York City

The USDC issuer will move into One World Trade Center, and New York Mayor Eric Adams – who has sought to make the city a crypto hub – will attend the Friday ribbon cutting.

Circle plans to move into One World Trade Center, the tallest building in the picture. (Craig T Fruchtman/Getty Images)

News Analysis

U.S. Election Betting: What's at Stake in Final (?) CFTC-Kalshi Showdown

Here's how to listen to Thursday's hearing in the closely watched federal court case over political prediction markets, and why it matters.

WASHINGTON, DC - DECEMBER 01:  Commodity Futures Trading Commission Chairman Rostin Behnam testifies about the collapse of the cryptocurrency exchange company FTX before the Senate Agriculture, Nutrition and Forestry Committee in the Dirksen Senate Office Building on Capitol Hill on December 01, 2022 in Washington, DC. In his first public comments since his business collapsed, Sam Bankman-Fried told the New York Times Wednesday that management and accounting failures were the reason for the collapse of his $32 billion company, which has sparked civil and criminal investigations. (Photo by Chip Somodevilla/Getty Images)

Policy

Kalshi's U.S. Election Markets Delayed Until Friday at Earliest

The judge in the prediction market's court case against the CFTC has called a hearing Thursday over the regulator's motion for a two-week delay.

GREENSBURG, PENNSYLVANIA - AUGUST 21: Supporters of former President Donald Trump volunteer at a Republican Party booth at the the Westmoreland Fair, handing out lawn signs and registering voters, August 21, 2024 in rural Westmoreland County, Pennsylvania. Pennsylvania is deeply divided politically, with the urban centers at either end of the state supporting the Democratic Party, and large sections of the rural communities enthusiastic for a second Donald Trump victory.(Photo by Andrew Lichtenstein/Corbis via Getty Images)

Finance

'Blurt' Developer Thinks Crypto Makes for Better Donations to Twitch Streamers

Inside life at the mtnDAO hacker house.

T.J. Littlejohn is a longtime mtnDAO attendee (Danny Nelson)

Finance

Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution

Adult entertainment websites usually pay credit card companies through the nose. MyPeach.AI has found a stablecoin-powered workaround.

Crass Kitty at mtnDAO (Danny Nelson)

Finance

Telegram CEO Pavel Durov Promises Changes, Noting It's Become Easier for 'Criminals to Abuse Our Platform'

"Establishing the right balance between privacy and security is not easy," he wrote on Telegram.

Telegram app on smartphone (Shutterstock)

Policy

Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says

A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.

A PAC supporting Kamala Harris' presidential campaign is accepting crypto donations via Coinbase. (Brandon Bell/Getty Images)

Policy

VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources

"We don't wish the burden of unnecessary subpoenas on anyone," a spokesperson for Uniswap told CoinDesk.

New York state Attorney General Letitia James (CoinDesk archives)

Finance

In Trump-Backed Crypto Project, Insiders Are Poised for Unusually Big Token Payouts

The team could get 70% of World Liberty Financial's tokens, a significantly higher-than-normal allocation from a project marketed as a solution to the “rigged” traditional finance system.

Eric, Donald and Donald Trump Jr. (Desiree Navarro/WireImage)