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


Policy

BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation

A bankruptcy judge rebuffed Three Arrows Capital’s request to lift a stay on its claim against BlockFi, setting a January mediation he hopes negates the need for a February hearing.

Publicidad de BlockFi en Union Station, Washington D. C. (Archivo de CoinDesk)

Policy

Gary Wang, Caroline Ellison: Looking at Day 5 of Sam Bankman-Fried's Trial

Gary Wang will complete his testimony today and Caroline Ellison, a key witness, will begin presenting her view.

SBF Trial Newsletter Graphic

Markets

Real-World Asset Loan Worth $20M at Risk of Losing $7M on DeFi Platform Goldfinch

Protocol contributor Warbler Labs said it will backstop all losses.

Goldfinch (Unsplash, modified by CoinDesk)

Policy

What to Expect When Caroline Ellison Takes Stand in Sam Bankman-Fried's Trial

The former Alameda CEO will “tell you about how she and the defendant stole money customers entrusted to FTX,” a prosecutor said. Defense’s cross-examination may get personal.

Sam Bankman-Fried (left) and Caroline Ellison (CoinDesk archives, @carolinecapital, modified by CoinDesk)

Markets

Crypto Traders Suffer Over $100M in Liquidation Losses as Market Rout Deepens Amid Middle East Turmoil

Ether (ETH) dropped near 4% Monday, while some altcoins endured even greater declines before reverting as rising geopolitical turmoil weighed on crypto markets.

Liquidations by digital assets over the past 24 hours. (CoinGlass)

Finance

Bitstamp Courts European Banks as Region's Incoming Crypto Rules Boost Confidence

The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown.

Bitstamp USA CEO Robert Zagotta (Bitstamp)

Policy

Sam Bankman-Fried ‘Lied,’ DOJ Tells Jury; Defense Tries to Pin FTX Collapse on Caroline Ellison

“He poured money – other people’s money – into investments to make himself even richer,” the prosecutor said in opening arguments.

Sam Bankman-Fried  (Liz Napolitano/CoinDesk)

Finance

Asian Banking Giant DBS Is Patiently Wading Into Crypto

“While it’s still winter, we have been swimming … getting our hands dirty for the long run,” said DBS’ head of digital assets, Evy Theunis.

(Swapnil Bapat/Unsplash)

Markets

Investors Fear Volatility and Risk, Particularly With Crypto. Here’s Why They Shouldn’t.

It’s vital to remember that crypto volatility can deliver upside, too.

(Jakob Owens/Unsplash)

Web3

CMCC Global Raises $100M for Hong Kong-Based Blockchain Companies

The lead investor in the fund was B1, which committed $50 million, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder Yat Siu.

CMCC Global Managing Partners Shiau Sin Yen, Martin Baumann and Charlie Morris (CMCC Global)