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

The Death of Compromise, and a Way Forward for Crypto

Lessons for TradFi and DeFi from some toppled LEGO.

(Amélie Mourichon/Unsplash)

Markets

Investment as a Service: Table Stakes for the Next Crypto Cycle

It’s no longer enough for crypto exchanges to simply facilitate buying and selling cryptocurrency.

(Riho Kroll/Unsplash)

Policy

‘Oh, Yes’: Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

For starters, customer funds were behind a majority of FTX’s investment into Scaramucci’s SkyBridge Capital, Peter Easton testifies.

Sam Bankman-Fried, CEO, FTX and Christine Lee, Lead Anchor, CoinDesk

Tech

Stellar, Early Blockchain Built for Payments, Adds Smart Contracts to Take on Ethereum

The nine-year-old project, one of the earliest major blockchains, is getting a facelift to incorporate "smart contracts," which theoretically could attract new applications and users – and potentially more demand for the XLM token.

Stellar Development Foundation's Tomer Weller, who is leading the "Soroban" project to add smart contracts. (Stellar)

Policy

(One Part of) Sam Bankman-Fried's Defense Strategy Starts Paying Off

The defense team landed some hits during its cross-examination of a key witness against Sam Bankman-Fried.

SBF Trial Newsletter Graphic

Policy

Sam Bankman-Fried Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant

Erstwhile crypto titan and avowed vegan Sam Bankman-Fried was also scheduled to meet New York Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.

New York Mayor Eric Adams (Danny Nelson/CoinDesk)

Markets

Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle

Bitcoin's market share of all cryptocurrencies rises to highest since April 2021.

BTC price on Oct. 17 (CoinDesk)

Finance

Coinbase Ventures, Haun Ventures Raise Crypto Political Capital With University of Arkansas Tech Sprint

As well as some big corporations, Arkansas is home to policymakers like Rep. French Hill and Sen. John Boozman, both of whom have taken an interest in digital asset technology, said Haun Ventures Chief Policy Officer Tomicah Tillemann.

Arkansas has emerged as a player in crypto (Unsplash)

Policy

Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing

Nishad Singh, the latest member of Sam Bankman-Fried’s inner circle to testify, said his admiration for SBF turned to “shame” on discovering FTX execs enriched themselves with customer funds.

Nishad Singh, left, exits a federal courthouse after testifying on Oct. 16, 2023 (Nikhilesh De/CoinDesk)

Policy

SEC Won’t Appeal Loss in Grayscale Case, Boosting the Odds GBTC Can Become a Bitcoin ETF

Bitcoin’s price immediately shot up after the news came out.

Photo of the SEC logo on a building wall