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

Gaming Token Gala Stabilizes as Company Says Security Incident 'Contained'

Someone minted 5 billion GALA tokens and then sold them on decentralized exchange Uniswap.

(Alpha Rad/Unsplash)

Policy

Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources

Exchanges are being asked to update 19b-4 filings on an accelerated basis by the U.S. Securities and Exchange Commission

SEC headquarters (Nikhilesh De/CoinDesk)

Policy

U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance

The Department released its 2024 strategy for addressing illicit financing on Thursday.

Deputy Treasury Secretary Adewale Adeyemo (Consensus/ShutterStock)

News Analysis

As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros

Wisconsin's state pension put $160 million into BlackRock and Grayscale's Bitcoin ETFs, showing even risk-averse investors are able to embrace crypto and possibly presaging a "slowly building wave of demand."

(Leland Bobbe/Getty)

Policy

Brothers Accused of $25M Ethereum Exploit as U.S. Reveals Fraud Charges

The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value.

Department of Justice (Shutterstock)

Finance

Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources

After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matter said.

Nasdaq (Leonardo Munoz/VIEWpress via Getty)

Finance

Hyperion Decimus' Newest Fund to Leverage CoinDesk Indices' Bitcoin and Ether Trend Indicators

Aimed at institutional investors, the fund will seek to profit off uptrends in crypto markets while sidestepping the drawdowns.

(Gabor Koszegi/Unsplash)

Finance

Insider at Solana's Cypher Protocol Admits to Stealing $300K

Core contributor Hoak blamed his actions on a "crippling gambling addiction."

A frontend developer for Cypher at mtnDAO. (Danny Nelson/CoinDesk)

Finance

Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket

The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding well over $70 million.

Polymarket CEO Shayne Coplan (Polymarket)

Markets

GameStop's Halting Rally Has Crypto Howling

The U.S. stock market has circuit breakers that halt shares sometimes as a safeguard. That's funny to crypto folks.

GameStop's stock soared – intermittently – on Monday. (Michael M. Santiago/Getty Images)