Sebastian Sinclair

Reporter

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.

Latest from Sebastian Sinclair

Policy

Attorney Ordered to Pay Out $5.2M for Bitcoin Escrow Mishap

The New York attorney released the funds without authorization and lost investment firm Benthos Master Fund $4.6 million intended for a bitcoin purchase deal.

Aug 14, 2020

Markets

Elliptic Teams With Fireblocks to Automate Security and Compliance in Crypto Industry

Elliptic has joined forces with Fireblocks to automate anti-money laundering compliance for their shared institutional clients.

Aug 13, 2020

Policy

Fed Reserve Analysts Say Common Digital Currency Distinction 'Problematic'

Bitcoin blurs the boundaries of a widely used classification of digital currencies and the distinction should be retired, say Fed experts.

Aug 13, 2020

Federal Reserve stamp on a $100 bill (Oleg Golovnev/Shutterstock)

Markets

Link Price Surges 32% to Overtake Bitcoin Cash as 5th-Largest Crypto by Market Cap

The native token of decentralized oracle network Chainlink (LINK) has just claimed a top-five spot in terms of market value.

Aug 13, 2020

Markets

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins

So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

Aug 12, 2020

Schematic of Aug. 10 stablecoin arbitrage trade using DeFi. (Etherscan, CoinDesk)

Markets

Appeals Court Backs Coinbase in Bitcoin Gold Fork 'Breach of Contract' Lawsuit

A California appeals court has backed a prior judgment that the cryptocurrency exchange wasn't obliged to to support the Bitcoin Gold hard fork in 2017.

Aug 12, 2020