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

DeFi 'Vampire' SushiSwap Still Hemorrhaging Liquidity

Uniswap challenger SushiSwap continues to lose vital liquidity, with total value locked falling by 8% in the past 24 hours.

Neon_Sign_Sushi

Markets

Is Reddit’s MOON Token Really 2,000x Bigger Than the Global Economy?

A unique anomaly means the market cap for a token for incentivizing content on a particular Reddit forum has ballooned to $2.88 septillion.

Reddit

Markets

Regulated US Exchange Gemini Now Offers Confidential Zcash Withdrawals

Gemini said adding shielded zcash withdrawals showed regulators could be made to be comfortable with privacy coins.

Gemini ad

Finance

Investors Flock to India's DeFi Scene Months After Central Bank Ban Overturned

DeFi protocols UniLend Finance and PlotX announced Tuesday they had both successfully completed their seed rounds.

Indian Supreme Court, New Delhi (iMetal21/Shutterstock)

Policy

SEC Won't Take Action Against Compliance-Focused Digital Security Exchanges

Digital security exchanges that ensure listed assets are legitimate will not face sanctions, the SEC said in an open letter.

Credit: Shutterstock

Markets

Relief and Regret: Crypto Twitter Reacts as Coinbase Says 'No' to Corporate Activism

Brian Armstrong has split the crypto community down the middle after taking the stance that Coinbase will remain "laser-focused" on its mission and keep activism out of the workplace.

Coinbase CEO Brian Armstrong

Tech

Filecoin Confirms Long-Awaited Mainnet Launch for Next Month

Three years after its $257 million ICO, decentralized data storage provider Filecoin has said mainnet will go live in mid-October.

Filecoin creator Juan Benet

Finance

Bitcoin Miner Producer Ebang Blames Coronavirus for 50% Slump in Revenue

Nasdaq-listed bitcoin miner manufacturer Ebang said the pandemic had disrupted its supply chain and led to a significant drop in revenue.

Pickaxe,_work,_boy,_tool,_summer_Fortepan_29506

Markets

Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation

Record fiscal stimulus has pushed wealthy investors to invest in Bitwise's bitcoin fund as a means to hedge against inflation.

Matt Hougan

Markets

$2B Locked: Uniswap Now Bigger Than Entire DeFi Industry Just Two Months Ago

After passing $2 billion in locked assets, there's now more value in Uniswap than there was in the entire DeFi space on July 9.

unicorns (shutterstock)