Paddy Baker

Paddy Baker
London, England

Paddy Baker

Contributor
London, England
Paddy Baker was the former Associate Editor at Crypto Briefing. His interests in global finance and cryptocurrency may seem at odds with his background as a lover of history, but he asserts that understanding the past is the key to understanding the future.
  • Crypto's Biggest Challenge Permissioned Digital Currencies

    Crypto’s Biggest Challenge: Permissioned Digital Currencies

    In a pattern similar to the five stages of grief, cryptocurrencies appear to be going through the ‘five stages of acceptance’ in mainstream society. First there was pure ignorance; then dismissal; followed swiftly by skepticism; then limited or restrictive toleration; and finally (we hope) acceptance. While few pundits (unless you’re FT Alphaville) would be so

    Opinion

  • Bring It On! Deribit Ready As Bakkt Unveils Bitcoin Options

    Bring It On! Deribit Ready As Bakkt Unveils Bitcoin Options

    There was a time in crypto… long, long ago… before last week, even…  that if you wanted a Bitcoin option, the place to go was Deribit. But that could be changing, as the crypto futures institutional exchange Bakkt announces its intention to launch its own option contracts by the end of the year. CEO Kelly

    Business

  • Anchorage Weighs In On Maker Voting

    Anchorage’s Maker Voting System To Give Institutions Say On Stability Fees

    Decentralized governance has faced a series of teething problems: hackers can exploit loopholes in the codebase; community agendas can be hijacked by a vocal minority of trolls and spammers; many on-chain initiatives suffer from rock bottom voter turnouts. But with the news institutional custodial provider Anchorage is launching its own on-chain voting solution for Maker

    Business

  • Chainlink Price: Did One Incorrect Word Create The Billion Dollar Surge?

    Chainlink Price: Did One Incorrect Word Create The Billion Dollar Surge?

    It’s no secret that the decentralized oracle network Chainlink (LINK) has been one of the best performing digital assets of 2019, despite crypto winter and the absence of an altcoin rally. And a large part of that success may be down to one word: partnership. The ultimate irony? It may have been a mistake. The

    Analysis

  • Facebook Will Leave Libra Unless US Regulators Approve, Zuckerberg Tells Congress

    Approve Or I’m Outta Here: Even Zuckerberg Is Sick Of US Legislators’ Crypto Reticence

    It was perhaps the last thing anyone expected of today’s testimony: Mark Zuckerberg telling the House Financial Services Committee that if they don’t approve his Libra crypto project and get with the times, Facebook will simply pull out. In an extraordinary statement Facebook’s founder outlined to Congress the conditions under which the company would extricate

    Analysis

  • Crypto market collapses

    Crypto Market Tanks $10bn Ahead Of Libra Testimony

    The crypto market has plunged down by more than ten billion dollars today as traders begin to sell in anticipation of a bearish outcome as Facebook founder Mark Zuckerberg appears before Congress today. The crypto market, which had been wobbling for quite some time, began to slide at the beginning of the American trading day.

    Markets

  • Chinese And Thai Traders Stockpile Bitcoin As Asian Fears Of Recession Grow

    Chinese And Thai Traders Stockpile Bitcoin As Asian Fears Of Recession Grow

    Economic uncertainty in the world’s second-largest economy may explain a sudden surge in the amount of Bitcoin (BTC) purchased with Chinese Yuan (CNY) as local traders place value into something believed to be uncorrelated to the world economy, and therefore potentially recession-proof. Data collected by cryptocurrency investment firm ID Theory found that CNY volumes on

    Markets

  • Tether Plans Algorithmic Stablecoin Codename USDTX

    Tether Considers Algorithmic Stablecoin: Codename USDTX

    Stablecoin provider Tether is considering creating an algorithmic alternative to its popular USDT token – possibly allowing traders to use cryptocurrency as collateral – as a means to provide another route to issue and trade USD-pegged assets. Paolo Ardoino, CTO of Tether and affiliated exchange Bitfinex, told Crypto Briefing the company was researching a new

    Business