Paddy Baker

Paddy Baker is a London-based cryptocurrency reporter. He was previously senior journalist at Crypto Briefing.

Paddy holds positions in BTC and ETH, as well as smaller amounts of LTC, ZIL, NEO, BNB and BSV.

Paddy Baker

Latest from Paddy Baker


Markets

Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs

The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.

(CoinDesk archives, modified using PhotoMosh)

Markets

Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments

The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying his company plans to move away from interbank payments.

Brad Garlinghouse Ripple

Markets

Crypto Data Site CoinMarketCap Has Gone Offline

The website for popular price aggregator CoinMarketCap appears to be down with all data and news feeds currently inaccessible.

(Shutterstock)

Markets

Goldman Sachs Sells $6.5M of Shares in Ripple Partner MoneyGram: SEC Filing

Goldman Sachs and its subsidiaries have sold 9% of their total position in the Ripple-partner MoneyGram – worth approximately $6.5 million.

Goldman Sachs

Markets

YAM's Market Cap Falls From $60M to Zero in 35 Minutes

YAM’s market cap fell to zero just minutes after the co-founder pronounced the yield farming project dead. A rescue plan is now in the cards.

YAM Market Cap (CoinGecko)

Markets

DeFi Meme Coin YAM Succumbs to Fatal 'Rebase' Bug, Makes Plans for 'YAM 2.0'

DeFi meme coin YAM has lost control of its on-chain governance feature following a reported bug.

(Amuzujoe/Wikimedia Commons)

Markets

Tor Network Compromised by Single Hacker Stealing Users' Bitcoin: Report

The unknown hacker is using Tor exit relays to remove encryption on bitcoin mixer services and change wallet addresses from users to their own.

(Shutterstock)

Markets

Ex-NYSE Broker Accused of Running $33M Crypto Scam Pleads Not Guilty

Michael Ackerman pleaded not guilty to one count of wire fraud for his involvement in the Q3 investment club that allegedly defrauded 150 investors.

New York Stock Exchange (f11photo/Shutterstock)

Markets

Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months

Crypto investment firm Grayscale has told the SEC the dollar value of assets in its flagship bitcoin fund increased 90% to over $1.6 billion.

Grayscale CEO Michael Sonnenshein speaks at Consensus: Invest 2018. (CoinDesk archives)

Markets

Asset Manager NYDIG Raises $5M for Third Bitcoin Fund in 2020

NYDIG has set up another bitcoin fund, raising $5 million from accredited investors but it's unclear what differentiates this one from its previous funds.

New York City's Financial District (Brandon Jacoby/Unsplash)