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

Algorand's Move Into DeFi Gives ALGO Price a Boost

Markets have responded well to Algorand's plans to get in on the DeFi action. The native ALGO token has experienced a jump in price.

Algorand founder Silvio Micali

Markets

OMG Price Doubles as DeFi and Record Ethereum Fees Create 'Perfect Storm'

OMG has more than doubled in the past seven days as record Ethereum fees lead investors to look more closely at layer 2 solutions.

OMG price has doubled in the past seven days (CoinGecko)

Markets

UK Regulator Grants License to Digital Security Exchange Archax

The U.K. watchdog has granted several licenses to Archax that will allow it to become a "one-stop shop" for the digital security space.

CoinDesk placeholder image

Markets

$200M Staked in YAM-Inspired DeFi Protocol in Under 12 Hours

The DeFi craze continues as investors stake $200 million in a new yield farming protocol that's not even 12 hours old yet.

(BLueFiSH.as/Wikimedia Commons)

Markets

DeFi-Yield-Hunting Token YFI Explodes to $11K From $32 in One Month

A governance token for DeFi investment protocol yEarn Finance has shot up to over $11,000 despite barely being a month old.

YFI price performance over the past seven days (CoinGecko)

Markets

Chainlink Up Nearly 1,000% Since 'Black Thursday' Crash

Chainlink's LINK token has surged nearly 1,000% over the past five months, and some are worried the market is beginning to overheat.

Chainlink's price rally (CoinDesk)

Markets

Nvidia Accused of Trying to Discredit Ex-Employee in Crypto Mining Revenue Trial

Investors suing Nvidia have opposed a motion from the U.S. chipmaker that would shut out the testimony from an ex-employee.

(Shutterstock)

Markets

Bitcoin Surges Past $12,000 to New 2020 High

This is the second time the bitcoin price has soared past the $12,000 milestone in 2020 – it still has a way to go before it closes in on the 2019 record.

The bitcoin price surged to $12,000 this afternoon. (CoinDesk)

Markets

Pantera Tells SEC Its Crypto Fund Has Raised Nearly $165M

Pantera has informed the SEC its crypto fund has received a total of $164.7 million from investors with portfolios worth over $5 million.

Paul Veradittakit Partner at Pantera Capital (CoinDesk)

Markets

Crypto Exchange INX Plans $117M US IPO With Small Israeli Underwriter

Crypto exchange INX has told the SEC its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs.

stock exchange