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Paddy Baker
Latest from Paddy Baker
Crypto.com's Card Issuer Wirecard Files for Insolvency
Before Wirecard's insolvency filing, Crypto.com and TenX said customer funds were unaffected by their partner's accounting scandal.
AMD-Backed Blockchain Project Amassing 20K GPUs but Won't Say Why
Following a seed funding round, AMD and Consensys-backed W3BCLOUD is tripling its GPU capacity for a range of new blockchain functions they don't want to discuss – yet.
FC Barcelona's Token Sale Hit $1.3M Cap in Under 2 Hours
The tokens will be earned by Barcelona fans who participate in club decisions, such as deciding on a new mural for the first team changing room.
Bitcoin ATM Growth May Be a Boon for Money Launderers
Crypto analytics company CipherTrace found bitcoin ATMs are increasingly being used to send funds to "high-risk exchanges" suspected of facilitating illicit activity.
Forget Bitcoin’s Volatility, BoA Says Unstable UK Pound Like an Emerging Market Currency
Bitcoin is often criticized for its volatility – now analysts are saying that, and more, about the pound sterling.
First Mover: Bitcoin’s Recent Stability May Come From a Fleeting Correlation With Equities
Bitcoin is often likened to digital gold, but some analysts say the more compelling correlation is with the stock market.
Argo Buys $500K Worth of Zcash Miners as Bitcoin Revenue Shrivels
Doubling its mining capacity for privacy coin zcash could help Argo diversify after last month’s halving knocked its bitcoin revenue.
First Mover: The Logic Behind Three Arrows’ $200M Grayscale Bet
Three Arrows has taken a large bet on GBTC but the halcyon days of the Grayscale premium flip may be numbered.
Crypto Exchanges Must Stop Acting Like Casinos in Wake of Robinhood Suicide: bitFlyer Exec
Crypto exchanges need to do more to protect customers and prevent tragic deaths in the wake of the Robinhood suicide, says bitFlyer US COO Joel Edgerton.
UK Financial Watchdog Warns Crypto Firms to Register Before End of June
The Financial Conduct Authority wants six months to review and ask follow-up questions to crypto businesses applying to operate in the U.K.
