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

U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges

The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the future requirements.

U.S. Treasury Building (Nikhilesh De/CoinDesk)

Markets

Weird PEPE Transfers Spook Crypto Investors and Prompt Meme Coin's 15% Plunge

On-chain sleuths noted troubling changes to the oversight of a key wallet.

(Danny Nelson/CoinDesk)

Finance

Coinbase Is Talking With Canadian Banking Giants to Promote Crypto

The U.S.-based crypto exchange started operations in Canada earlier this month as part of its international expansion amid a regulatory crackdown in its home country.

Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)

Finance

Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens

Tokens such as FET as well as shares of cryptocurrency miners could move after the giant chipmaker's earnings.

robot hand holding dollar bills

Markets

‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says

Fed Chairman Jerome Powell will be heard from later this week about the possible future direction of U.S. central bank policy.

Pantera CEO Dan Morehead (Shutterstock/CoinDesk)

Policy

Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks

Both Roman Semenov and Roman Storm were charged; Storm was arrested.

Tornado Cash co-founder Roman Semenov (Roman Semenov)

CoinDesk Indices

Bitcoin Dreams Are Coming True in Argentina and Turkey

It’s no surprise a BTC-backing candidate just won a primary election in Argentina.

(Sasha Zvereva/Unsplash)

Markets

The Thermodynamics of Crypto Investing

As the various structural risks of crypto investing change over time, the opportunities for returns change, too.

(Zack Dutra/Unsplash)

Finance

DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters

The total value locked in DeFi protocols has slumped to the lowest level since February 2021 even as ETH, which underpins the market, has soared this year.

DeFi total value locked, or TVL, has dwindled (DefiLlama)

Markets

Nearly All Short-Term Bitcoin Owners Are Underwater, Making Rallies Harder

"The real problem is the current fragile market set-up for BTC, because short-term holders are underwater in both price and narrative," one observer said.

Ocean, sea (Pexels/Pixabay)