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

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Політика

SEC’s Motion to Appeal Loss in Ripple Case Is Denied

XRP rallied about 5% following the decision.

SEC Chair Gary Gensler and Ripple CEO Brad Garlinghouse (Kevin Dietsch/Getty and Scott Moore/Shutterstock/CoinDesk)

Політика

Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House

A staunch advocate for crypto industry regulation, Rep. Patrick McHenry has found himself as a stand-in Speaker of the House as crypto bills head toward the floor.

U.S. Rep. Patrick McHenry got tied up as temporary Speaker of the House, distracting him from crypto legislation. (Jesse Hamilton/CoinDesk)

Ринки

When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says

Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made them wait longer to sell.

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

Фінанси

Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues

“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing.

U.S. Securities and Exchange Commission Chair Gary Gensler peppered the crypto industry with criticisms in congressional testimony.  (Courtesy of the House Financial Services Committee)

Фінанси

Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang.

Jump Crypto President Kanav Kariya (Danny Nelson)

Політика

Sam Bankman-Fried (Probably) Won’t Get a 115-Year Prison Sentence

The FTX founder will be defending himself against wire fraud and conspiracy charges. Here's what that means.

SBF Trial Newsletter Graphic

Фінанси

Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune

This is part of Coinbase’s desire to expand its derivatives business, according to the article, which added that acquisition talks never reached a “late stage.”

Europe (Claudio Schwarz/Unsplash)

Ринки

Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?

The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.

BTC price today (CoinDesk)

Політика

Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial

An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial.

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Думки

NFTs Aren’t Dead Just Yet (But the MSM Might Be)

The success of a recent post from Rolling Stone calling NFTs worthless struck a nerve. But the reality is more complicated and more hopeful.

Bored Ape Yacht Club #3001 (OpenSea, modified by CoinDesk)