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

Societe Generale to Use as Many as Five Blockchains in Capital Markets Trials

A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets.

(Shutterstock)

Markets

First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K

This week's Fed meeting ushered in a new regime for U.S. monetary policy, offering a reminder of just how frequently top officials change the rules.

Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday's press conference. (Federal Reserve, modified by CoinDesk)

Markets

Alibaba on Track to Be the Largest Blockchain Patent Holder by End of 2020: Study

Chinese conglomerate Alibaba is on track to become the largest blockchain patent holder, having filed ten times more than closest rival IBM.

Jack Ma

Markets

Bitcoin Falls Back Below $11K as Markets Doubt Fed's Ability to Boost Inflation

Prevailing doubts over whether the Fed has what it takes to hit its 2% inflation target hit traditional markets and may have contributed to a bitcoin price drop on Thursday.

Federal Reserve Chair Jerome Powell

Markets

Coinbase Pro Lists Uniswap's New Token Just Hours After Launch

Uniswap's new UNI tokens can be deposited on Coinbase Pro immediately, with trading to follow when there's sufficient liquidity.

Coinbase CEO Brian Armstrong

Policy

BIS Seeking Blockchain Expert to Lead Digital Currency Research

BIS is looking for a blockchain engineer to take a lead on its digital currency initiatives, which includes CBDC and digital security research.

Benoît Cœuré, head of the BIS Innovation Hub.

Policy

Bahamas to Roll Out 'Sand Dollar' Digital Currency Next Month

The Bahamas' "Sand Dollar" will likely be the world's first live central bank digital currency when it launches in October.

Orbital shot of the Bahamas and the southern tip of Florida (NASA/Wikimedia Commons)

Finance

Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June

Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin USDC as a global settlement solution for its non-fungible tokens (NFTs).

Dapper Labs CEO Roham Gharegozlou

Tech

Galaxy Digital, IOSG Lead $1.2M Raise for Startup Creating Automated Ethereum Services

Gelato said the seed round will fund further development of its bot network that will provide automated smart contract execution.

ice, cream, sweets

Finance

MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M

Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase.

MicroStrategy CEO Michael Saylor