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


Markets

Bitcoin Prices Are Hot, but Here’s What Could Crush the Rally

BTC has proved incredibly resilient to the perils of the past year, including FTX’s demise. But there are some macroeconomic surprises that could erect obstacles to further gains.

(Paul Fiedler/Unsplash)

Markets

A New Metric to Evaluate Crypto Ecosystem Fundamentals

The years-to-profitability ratio is a good way to evaluate a level-1 blockchain.

(Towfiqu Barbhuiya/Unsplash)

Finance

OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens

The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Tech

Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift

Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem.

(José Martín Ramírez Carrasco/Unsplash)

Markets

A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations

Positioning and expectations explain why the Binance case drove prices down but markets rebounded after Coinbase.

George Soros (Sean Gallup/Getty Images)

Tech

P2P.org’s Ethereum Staking Application Is Now Available on Popular Wallet Provider Safe

The integration makes it easier for crypto users to participate in staking without operating the physical infrastructure.

(Getty Images)

Finance

Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green

Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)

Finance

BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock

Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities.

(Shutterstock)

Consensus Magazine

Cut the Jargon, Keep Your Promises: How Crypto Can Fix Its Image Problem

Consensus 2023 attendees argued that improving crypto's image requires a clearer explanation of digital assets and a focus on tangible, user-centric products and services

CoinDesk Chief Content Officer Michael Casey discussed how crypto's banking problems are downstream of the industry's image issue with Custodia Bank CEO Catlin Long, BCB Group CEO Oliver von Landsberg-Sadie and Fortress Trust Company Chief Compliance Officer Richard Booth at Consensus 2023. (Shutterstock/CoinDesk)

Markets

Bitcoin (Somewhat) Takes Binance Accusations in Stride

As the U.S. government’s fight against crypto intensifies, there is some evidence the industry is weathering it better than past shocks.

Binance CEO Changpeng "CZ" Zhao (Paolo Bruno/Getty Images)