Sebastian Sinclair

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.

Sebastian Sinclair

Latest from Sebastian Sinclair


Policy

Someone Just Lost $16M in Bitcoin by Using a Malicious Install of the Electrum Wallet

An Electrum wallet user claims to have lost a fortune in bitcoin after installing an older version of the software from a malicious source.

(cnythzl/Getty Images)

Markets

DeFi Is a 'Complete Scam,' Says Controversial Entrepreneur Craig Wright

nChain Chief Scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."

Craig Wright

Policy

Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo

The U.S. tax department has provided guidance around crypto revenue earned from microtasks via crowdsourcing platforms and, yes, such income is taxable.

Jar of pennies (John Brueske/Shutterstock)

Finance

DeFi Studio Framework Labs Leaves Stealth Mode With $8M in Seed Funding

Framework Labs says it's already playing a key role in projects including Uniswap and Chainlink.

dollars

Markets

First Mover: Monetary Challenges Aren't Just Virtual as Fed's Powell Returns to Jackson Hole

Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.

View of Grand Tetons near Jackson Hole, Wyoming. (Wikipedia, modified by CoinDesk)

Finance

Libra Taps Ex-Homeland Security General Counsel as New Legal Chief

The new general counsel is Libra's second in just three months.

Facebook Libra

Markets

New Zealand Stock Exchange Hit Repeatedly by Cybercriminals Demanding Bitcoin

NZX has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency.

New Zealand stock tickers (Phil Walter/Getty)

Markets

NYSE Can Allow Firms to Raise Funding Through Direct Listings, Says SEC

The New York Stock Exchange may now allow some companies to raise capital via direct listings rather than IPOs.

New York Stock Exchange

Markets

First Mover: Binance's New DeFi Futures Let Crypto Traders Bet on Decentralization

Binance's new "DeFi Index Futures" show the push by centralized crypto exchanges to cash in on this year's frenzy in so-called decentralized finance.

DeFi is hot and traders are getting a new way of indulging. (Metropolitan Museum of Art modified by CoinDesk)

Markets

Darknet's Largest Marketplace Still Offline; Fears of Exit Scam Rise

Empire Market, the darknet's most popular marketplace by site traffic, was suddenly taken offline on Aug. 22.

crime