Nick Baker

Nick Baker was 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

Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly

A boring August has turned into a bloodbath. Two-thirds of leveraged funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.

BTC's price sank (CoinDesk)

Tech

Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth

The much-awaited Shibarium network saw over 21 million wallets created during its testnet and is expected to position Shiba Inu as a serious DeFi contender.

(Getty Images)

CoinDesk Indices

In Canada, Spot Bitcoin ETFs Have Been Working for Years

Gorast Tasevski and Haan Palcu-Chang of Purpose Investments share thoughts about bitcoin ETFs – and Canada.

(sebastiaan stam/Unsplash)

CoinDesk Indices

Why Crypto Investors Should Care About Tokenomics: Crypto Long & Short

Perceptions of token issuance by projects have changed dramatically during the crypto winter.

(charlesdeluvio/Unsplash)

Markets

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Traditional markets fell sharply as well, with the major U.S. stock indexes shedding more than 1% on Tuesday.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Web3

Neal Stephenson's Metaverse Vision Is One Step Closer as Lamina1 Blockchain Launches Betanet

The metaverse-focused layer-1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators.

Metaverse-focused blockchain Lamina1 has launched its betanet and Hub for creators and developers. (Lamina1)

Markets

A Bitcoin Warning Signal Blares From Surging Interest in Shiba Inu

Open interest or the dollar amount locked in open SHIB futures contracts has topped $100 million for the first time since February.

DOGE Meme shiba inu (Atsuko Sato)

Policy

Sam Bankman-Fried Jailed Ahead of Trial

Bankman-Fried was accused of leaking former Alameda Research CEO Caroline Ellison's diary to the New York Times.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)

Finance

Cameron Winklevoss to DCG Amid Their Crypto Lending Fight: 'Good Luck' Convincing a Jury

His Gemini crypto exchange and conglomerate Digital Currency Group are battling — in and out of court — over the failure of Gemini's Earn lending service.

Gemini's Cameron Winklevoss continues his war of words with DCG. (Getty Images)

Finance

Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say

Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.

(Raj Rana/Unsplash)