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

Tech Consortium to Spend $1.3B to Build Filecoin Mining Facility in China

Upon its completion, the facility will be the largest filecoin distributed storage infrastructure project in China.

GPUs set up for cryptocurrency mining.

Markets

Japanese Internet Giant Taps Zero Hash for Settlement in Yen, US Dollar Stablecoins

The companies say the move will eliminate bottlenecks in the moving and settling of Japanese yen associated with traditional financial rails.

Edward Woodford, co-founder of Seed CX and Zero Hash (far right), appears on a panel at Consensus 2019.

Markets

Ark Investment Funds Bought $246M Worth of Coinbase Shares on First Day of Trading

Three Ark ETF funds bought over 749,000 shares of COIN.

Cathie Wood, CEO of Ark Investment Management

Markets

Coinbase Gives 100 Shares Each to 1,700 Employees Ahead of Public Listing

With Coinbase's stock opening at $250 per share, the gift amounts to a $25,000 thank-you note to each worker.

Coinbase CEO Brian Armstrong

Markets

Court Denies SEC's Request Seeking Years of Financial Records From Ripple Execs

The judge said the request was irrelevant and disproportional.

xrapid

Markets

Linux Foundation, Insurance Group Roll Out Platform to Cut Costs Using DLT

Besides cutting costs, the project aims to provide a standardized data repository for insurance analytics.

Archives and record keeping

Markets

Europe's Investment Bank Plans to Settle Bonds in Euros Using Blockchain: Report

The EU union's lending arm is reportedly readying a digital bond sale using blockchain technology.

EU flags

Markets

Thailand's Fourth-Largest Bank by Assets Exploring DeFi Offering: Report

The chairman of KBank's technology arm said DeFi is a "key exploration" for the banking group throughout 2021.

Bangkok, Thailand

Markets

Stellar Foundation Implements Protocol Upgrade Following Node Outage

A fix has been implemented after an outage caused certain nodes, including those run by the Stellar Development Foundation, to go offline.

Stellar Development Foundation CEO Denelle Dixon

Markets

Bitcoin Dominance at 2-Year Low as XRP, Binance's BNB Rally

Bitcoin prices have doubled this year, but several major altcoins have risen by many multiples.

sun, rising