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


Markets

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch

Solana's SOL and Ripple's XRP were notable outperformers.

Bitcoin price on July 24 (CoinDesk)

Finance

Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock's BUIDL Success: Sources

Tokenization is one of the hottest corners of the blockchain ecosystem.

Coinbase Asset Management is getting into tokenized money-market funds. (Robert Nickelsberg/Getty Images)

Finance

DeFi Giant dYdX Says Its v3 Platform Is Compromised – Just as It's Reportedly Up for Sale

News of the problem emerged just as Bloomberg reported dYdX v3 is for sale.

dYdX founder Antonio Juliano (dYdX)

Finance

Ethereum ETFs Approved by SEC, Bringing Popular Funds to Second-Largest Cryptocurrency

Issuers received approval for their latest S-1 filings, which means that the funds could begin trading as early as Tuesday.

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Markets

Ethereum ETFs Could See Underwhelming Demand, Partly Due to Lack of Staking, Two Research Firms Predict

Trading firm Wintermute expects inflows to be lower than consensus predictions while research firm Kaiko says data suggests “less conviction” regarding the launch.

The launch of the spot ether exchange-traded funds (ETFs) could be rather underwhelming, one crypto firm says, while another predicts inflows will be lower than expected. (Getty Images)

Finance

Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

The bitcoin financial firm previously planned to go public by end of this year.

Swan Bitcoin unveils BTC mining unit as parent company prepares to go public. (Swan Bitcoin)

Markets

Biden's Exit Spurs Record $28M Daily Volume on Polymarket as Election Enters Uncharted Territory

Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat's nominee and $10 million for the party's VP.

Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)

Markets

Kamala Harris Meme Coin Soars to All-Time High After Joe Biden Drops Out

Crypto traders are once again betting on the very serious business of presidential politics via very silly meme coins.

KAMA meme coin (KAMA)

Policy

With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee

Vice President Kamala Harris is in the strongest position after Biden's departure.

Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)

Finance

Ryan Selkis Quits as Messari CEO Following Inflammatory Tweets

"This week was the first week in 6.5 years that my politics and rhetoric put the team in [harm's] way," he wrote. "As such, I have decided to step aside as CEO."

Messari's Ryan Selkis (Suzanne Cordiero/Shutterstock for CoinDesk's Consensus)