Nick Baker

Nick Baker

Nick Baker is CoinDesk's deputy editor-in-chief. He won a Loeb Award for editing CoinDesk's coverage of FTX's Sam Bankman-Fried, including Ian Allison's scoop that caused SBF's empire to collapse. Before joining in 2022, he worked at Bloomberg News for 16 years as a reporter, editor and manager. Previously, he was a reporter at Dow Jones Newswires, wrote for The Wall Street Journal and earned a journalism degree from Ohio University. His crypto holdings are below CoinDesk's $1,000 disclosure threshold.

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FTX's Sam Bankman-Fried (Alex Wong/Getty Images)
Most of FTX's Legal and Compliance Team Quit: Report
Semafor, a news organization in which FTX's Sam Bankman-Fried invested, cites people familiar with the matter.
FTX's Sam Bankman-Fried (Alex Wong/Getty Images)
FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)
FTX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange
The two crypto exchange giants signed a non-binding letter of intent, Binance CEO Changpeng "CZ" Zhao confirmed on Twitter.
FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)
Google Cloud's Solana tweet (Twitter)
Solana’s SOL Spiked 15% on a Suggestive Tweet From Google Cloud
“Should we tell our followers the big news?” Google Cloud tweeted an hour before revealing what it was doing with Solana.
Google Cloud's Solana tweet (Twitter)
Commodity Futures Trading Commission CFTC logo (Mark Van Scyoc/Shutterstock)
CFTC Staff Recommends Rejecting Kalshi's US Election Contracts: Bloomberg
Commissioners would still need to vote on the advice.
Commodity Futures Trading Commission CFTC logo (Mark Van Scyoc/Shutterstock)
Kalshi countdown to election markets (kalshi.com)
Prediction Market Kalshi Signals It Sees CFTC's Blessing for Midterm Election Bets
A countdown clock on its website ends today, indicating the service is optimistic regulators will let it offer contracts for the Nov. 8 election.
Kalshi countdown to election markets (kalshi.com)
Blockchain.com founder and CEO Peter Smith (Blockchain.com)
Blockchain.com May Raise Money at Significant Discount to Previous Valuation: Bloomberg
The company was valued at $14 billion in a funding round earlier this year, but may only fetch $3 billion to $4 billion, the publication reported.
Blockchain.com founder and CEO Peter Smith (Blockchain.com)
Bloomberg columnist Matt Levine (LinkedIn)
Bloomberg's Matt Levine Writes 40,000-Word Article on Crypto
It's the only article this week in Businessweek, just the second time the magazine has been filled by a single piece.
Bloomberg columnist Matt Levine (LinkedIn)
Grayscale CEO Michael Sonnenshein (CoinDesk archives)
Effort to Reverse SEC Rejection of Bitcoin ETF Wins Broad Crypto, TradFi Support
Regulators rebuffed Grayscale's attempt to convert its bitcoin trust into an ETF. Grayscale has powerful allies as it seeks to overturn that decision.
Grayscale CEO Michael Sonnenshein (CoinDesk archives)
Grayscale CEO Michael Sonnenshein (CoinDesk archives)
Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis
Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digit...
Grayscale CEO Michael Sonnenshein (CoinDesk archives)
(Dalle-E/CoinDesk)
Binance Starts Ethereum Proof-of-Work Mining Pool, Initially With No Fee
ETHW initially stumbled, but mining support from Binance customers could in theory help.
(Dalle-E/CoinDesk)