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Paddy Baker

Latest from Paddy Baker
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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
