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


Finance

Ether ETFs Have Bled Money, but That's Not the Whole Story

BlackRock's ETHA and other Ethereum funds have collected billions of dollars worth of inflows. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though.

Grayscale's outflows overshadow big inflows from the rest of the ether ETFs. (Fineas Anton/Unsplash)

Policy

Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

Sen. Cynthia Lummis said the window is closing, but it's not shut yet.

Sens. Cynthia Lummis and Tim Scott appear at the SALT Wyoming Symposium on Aug. 21, 2024. (Nikhilesh De/CoinDesk)

Finance

TradFi Underestimates Bitcoin's Enormous Scale, Franklin Templeton CEO Says

Bitcoin processed $36.6 trillion in transactions last year, far more than payment network giants Mastercard and Visa combined.

Jenny Johnson, Franklin Templeton President and CEO, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Policy

'Get Him Home': Binance CEO Urges Nigerian Government to Free Detained Exec

Tigran Gambaryan, a U.S. citizen who works for Binance, has been held in Nigeria since February.

Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)

Policy

New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange

Richard Teng, who replaced founder Changpeng "CZ" Zhao in November, is playing the long game.

Binance CEO Richard Teng speaking to CoinDesk journalists in New York. (Jennifer Sanasie/CoinDesk)

Policy

Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities

The SEC-registered crypto platform is expanding its custody operation beyond Ethereum's ETH, and that means it would be holding UNI and ARB as securities.

Aaron (pictured) and Benjamin Kaplan, Co-CEOs of Prometheum, are expanding their custody scope for crypto securities. (Suzanne Cordiero/Shutterstock/CoinDesk)

Tech

'Wartime CEO': Urbit's Founder Returns in Shakeup at Moonshot Software Project

"We're here to fix this," Curtis Yarvin says of the struggling endeavor to rebuild the entire internet computing stack from scratch.

Urbit founder Curtis Yarvin (David Merfield/NASA, composite by Jesse Hamilton for CoinDesk)

Opinion

About That 'Gary Gensler for Treasury Secretary' Story

A bombshell (alleged) revelation spread fast yesterday, but was it true?

U.S. Securities and Exchange Commission Chair Gary Gensler's tone has changed about crypto exchange traded funds. (Nikhilesh De/CoinDesk)

Markets

Harris Leads Trump on Polymarket as DNC Begins, but They Got Tied Earlier Amid Volatility

Plus, bettors see RFK Jr. dropping out by November without a Trump endorsement, and China's 'bitcoin ban' is more complicated than what Justin Sun thinks.

Chicago prepares for Democratic National Convention (Chip Somodevilla/Getty Images)

Markets

A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It

The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.

Restore the Republic token on Solana (X)