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

Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports

CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.

ETH price (CoinDesk)

Policy

Does Sam Bankman-Fried Deserve 50 Years in Prison?

SBF's former customers have weighed in.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Markets

Ether ETFs Likely Won't Get Approved in May, Bloomberg Analyst Predicts

James Seyffart says the U.S. Securities and Exchange Commission really hasn't engaged with potential issuers, unlike the extensive talks in the run-up to bitcoin ETF approvals.

Scrabble letters spelling ETF arranged a rack

Markets

Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users

The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions.

(Nikhilesh De/CoinDesk)

Consensus Magazine

Bitcoin ETFs' Hot Start Seems Largely Driven by Retail Investors

Data shows that the average trade size for the biggest spot bitcoin ETF, BlackRock’s IBIT, hovers around $13,000, suggesting that a big chunk of its demand is coming from nonprofessional investors.

A user examines prices on a mobile phone while looking at a graph on a laptop

Markets

Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research

Bitcoin ETF inflows on Monday and Tuesday will be the "real test" for what's next for the largest crypto asset's price, Markus Thielen wrote.

Graph superimposed over a markets monitor

Finance

Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)

The CFTC-regulated platform will let traders bet on how high ETH will go this year and other price outcomes amid renewed interest in both crypto and prediction markets.

Group portrait centered on Isadora Duncan, seated with her hands in her lap holding a crystal ball and gazing downwards. She is surrounded by six other female dancers who are posing in standing, kneeling, or sitting positions, and all gazing at her. In the background are four curtained windows and potted plants.

Markets

Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo

In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.

Aevo volume (DefiLlama)

Policy

A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says

The SEC charged 17 individuals tied to the scheme that allegedly scammed more than 40,000 victims.

SEC Enforcement Director Gurbir Grewal (right) (Nikhilesh De/CoinDesk)

Tech

The Graph Expands Subgraph to More Than 40 Blockchains Including Arbitrum, Base

The indexing layer is also expanding to Avalanche and Celo.

(Shubham Dhage / Unsplash)