Sebastian Sinclair

Sebastian Sinclair is the market and news reporter for CoinDesk operating in the South East Asia timezone. He has experience trading in the cryptocurrency markets, providing technical analysis and covering news developments affecting the movements on bitcoin and the industry as a whole. He currently holds no cryptocurrencies.

Sebastian Sinclair

Latest from Sebastian Sinclair


Markets

Australia's Mawson Infrastructure Increases Count of Bitcoin Mining Machines in US Operation

Gross margins are expected to be more than 80% based on the current bitcoin price and its network difficulty.

Crypto mining machines. (lmstockwork/Shutterstock)

Markets

Bitstamp Adds Support for Euro-Backed Tether Stablecoin Amid Increasing Demand

Access to EURT will save Bitstamp's euro users time and money without a loss of purchasing power, a Bitstamp executive said.

Details Of The Euro

Markets

US Patent Granted to Stablecoin Concept Backed by Government Debt

Unlike fiat currency-pegged stablecoins, Yuga Coin intends to be solely pegged to government debt such as bonds and Treasury notes.

Tightrope. (Vaclav P3k/Shutterstock)

Markets

Ethereum Developer Virgil Griffith Back in Jail in the US

He is charged with helping North Korea circumvent sanctions through the use of crypto.

Ethereum developer Virgil Griffith is accused of violating U.S. sanctions law.

Markets

Port of Buenos Aires to Modernize Maritime System Using Blockchain

Blockchain implementation will act as a "digital notary," according to the port.

shipping, port

Markets

BlockFi Receives Cease and Desist Order From New Jersey Attorney General

BlockFi CEO Zac Prince said his platform remains "fully operational" for its existing client base in New Jersey.

BlockFi CEO Zac Prince

Markets

Cathie Wood's ARK Invest Raises Square Holdings After Dorsey Announcement

Square's intentions to build out crypto products, including a hardware wallet, align with ARK ambitions to realize its exchange-traded fund.

Square CEO Jack Dorsey

Markets

ASX's Blockchain Upgrade Costing Members 'Millions,' Says Industry Body

“The investment required to operate in global markets is getting more and more intense,” said association CEO Judith Fox.

Australian securities exchange ASX

Policy

Stablecoins Risky Like ‘Wildcat’ Bank Practices of 19th Century, Gorton and Zhang Write

Yale economist Gary Gorton and U.S. Federal Reserve attorney Jeffery Zhang liken stablecoins to a time when private banks issued their own notes.

Stablecoins have been likened to that of "wildcat" banking practices in the U.S. during the 19th century.

Markets

Bitcoin Heads for Its Worst Weekly Close in Over a Month

Should the cryptocurrency close at or below current prices, that would represent the steepest weekly sell-off since June 14.

post, boxes