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


Finance

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Circle's Jeremy Allaire and Coinbase's Brian Armstrong (CoinDesk/Coinbase)

Policy

XRP Ruling Needs Appeals Court Review, SEC Says

A judge allowed the SEC to file for the appeal.

Ripple CEO Brad Garlinghouse (Scott Moore/Shutterstock/CoinDesk)

Markets

Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps

JPEG’d DAO voters are deciding how to account for a $1 million bounty.

Equity investors have limited choices if they want to trade Ethereum's Merge. (Getty Images)

Markets

Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

BTC slipped below $26,000 amid the crypto market mayhem.

BTC's huge price decline (CoinDesk)

Web3

Saying Goodbye to The Airdrop

But CoinDesk is not abandoning Web3 content.

Hot air balloon at sunset

Markets

Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports

They would join bitcoin futures ETFs that are already approved.

(Drahomír Posteby-Mach/Unsplash)

Policy

Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority

The group of developers and investors sued the Treasury Department last year.

Preston Van Loon, Prysmatic Labs at C22 (Scott Moore/Shutterstock/CoinDesk)

Policy

SEC Can Try to Appeal Groundbreaking XRP Ruling, Judge Rules

A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws.

Ripple CEO Brad Garlinghouse  (Scott Moore/Shutterstock/CoinDesk)

Policy

Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.

The firm’s new futures commission merchant status at the CFTC may undermine the other U.S. markets regulator – the SEC – and bolster the case for ether as a commodity.

Coinbase Inc. quietly cleared a major hurdle for getting regulated in the U.S., though it's not with the Securities and Exchange Commission. (CoinDesk)

Tech

Just-Launched Sei Blockchain's New Token Plunges 24% After Airdrop

Complaints flooded X (formerly Twitter) about the scantiness of the new SEI token allocations to early adopters, as many recipients apparently moved to dump their holdings on the market.

(CoinGecko)