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


Policy

US Government Darknet Drug Raids Seize $6.5M in Cash and Crypto

The U.S. government announced the results of one of the biggest ever seizures of drugs sold on the dark web.

Department of Justice

Policy

'Misleading' Term Stablecoin Should Be Ditched, Says ECB

The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers.

ecb

Markets

US Space Force Enlists Blockchain Firm to Deploy Hack-Proof Data Defenses

The United States Space Force has engaged blockchain firm Xage Security to develop a new security layer for its communications systems.

Parabolic_antenna,_OTC_Satellite_Earth_Station_Carnarvon,_July_2020_03

Markets

Three Iranian Power Plants Plan to Sell Electricity to Crypto Miners

Three Iranian power plants with enough output to supply half of New York City will begin selling some surplus power to crypto miners.

The Shahid Salimi Power Plant outside of Neka, Iran

Policy

FinCEN Files: BNY Mellon Processed $137M for Entities Linked to OneCoin

The leaked "FinCEN files" show BNY Mellon flagged a $30 million purported loan that it helped wire as one suspected case of OneCoin laundering funds.

OneCoin_logo_on_their_office_door_in_Sofia,_Bulgaria_(cropped)

Markets

Uniswap's Newly Launched UNI Token Has Already Doubled in Price

Uniswap's new UNI token has surged from just under $2.80 to over $5.50 in the past 24 hours.

UNI 24h price action (CoinGecko)

Finance

Cryptopia Users Can Claim Assets From End of 2020, Says Hacked Exchange's Liquidator

Grant Thornton said the process of repatriating $100 million worth of crypto assets from the now-defunct Cryptopia exchange will begin later this year.

Cryptopia

Finance

Investment Firm Blockchain Capital Joins Libra Association

One of the oldest venture firms in crypto has joined the Libra Association and will provide expertise and guidance on the launch of its payment system.

Facebook Libra

Finance

Twitter Tightens Security Ahead of US Presidential Election

Twitter is making a host of new security measures compulsory for accounts belonging to users considered influential in the upcoming election.

Twitter phone box

Finance

Ethereum Smashes Records as DeFi Hype Sends Transactions and Miner Revenue Soaring

Miners may be the real winners from DeFi as a surge in Ethereum activity sees them earn a record $16 million in a day.

(Wikimedia Commons)