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

Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain

The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan.

Credit: Daniel Fung/Shutterstock.com

Markets

First Mover: Derivatives May Have Blunted the Halving's Volatility Spike

The anemic price action surrounding bitcoin's third halving has led to head-scratching over why the cryptocurrency didn't moon. One possibility: Derivatives are bringing more price discovery.

Credit: Shutterstock/Razumov2

Markets

Bank of England: No Compromise on Our Principles for Any Future CBDC

The Bank of England will not budge on its design principles for any future CBDC.

Bank of England (Credit: Shutterstock)

Markets

FireBlocks CEO Pours Cold Water on Libra Excitement

FireBlocks' CEO was quick to dampen enthusiasm for libra.

Credit: Shutterstock

Finance

Binance Invests in Regulated Indonesian Crypto Exchange

Binance is betting on Indonesia as a promising market for cryptocurrency trading.

Jakarta, Indonesia

Tech

IBM Blockchain to Offer Decentralized Smart Contract Option

IBM is implementing the Hyperledger Fabric 2.0 base layer to support smart contract governance on its blockchain platform.

Credit: Shutterstock

Tech

Vitalik Buterin Says Much-Delayed Ethereum 2.0 Still on Track for July Launch

Ethereum's founder says the network's big upgrade is on track to launch in July, bringing proof of stake and new scalability features to the network.

Vitalik Buterin on stage at RadicalXchange 2019. (Credit: Christine Kim for CoinDesk)

Markets

CME Says Volume Surge Shows Strong Institutional Interest Before Bitcoin Halving

A surge in bitcoin derivatives suggests institutional investors are getting bitcoin exposure ahead of the halving, the Chicago exchange says.

The CME Group logo

Markets

Binance Doesn’t Have a Headquarters Because Bitcoin Doesn’t, Says CEO

"Wherever I sit, is going to be the Binance office," says Changpeng "CZ" Zhao.

Binance CEO Changpeng "CZ" Zhao

Markets

Bitfinex Now Has a Derivatives Contract Offering Exposure to Bitcoin Dominance

Bitfinex says the perpetual swap provides investors with a less volatile form of exposure compared to a plain-vanilla bitcoin futures contract.

newton