Sam Reynolds

Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.

Sam Reynolds

Latest from Sam Reynolds


Finance

Binance's Largest Market Is China: WSJ

China is Binance’s largest market, amounting to 20% of worldwide volume

(Pixabay)

Markets

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.

Bitcoin monthly chart. (CoinDesk Indices)

Markets

Is Sam Bankman-Fried Tied to a New Apparent Crypto Scam Called BALD?

On-chain data shows bald's deployer contract has interacted with Alameda-linked wallets and was an active DeFi participant in the early days.

Despite claims by right-wing political figures, Sam Bankman-Fried was definitely not a free man when he (right) exited a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)

Finance

LeetSwap Halts Trading After $630K Drained From Liquidity Pairs

Coinbase’s Layer 2 blockchain has another problem on its hands.

Circling the drain downwards spiral (Shutterstock)

Finance

FTX Plans to Restart Crypto Exchange for International Customers

Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange.

New FTX CEO John J. Ray III (C-Span)

Markets

First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red

Curve Founder Michael Egorov's $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of fine silver.

Bitcoin weekly chart. (CoinDesk Indices)

Finance

HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report

The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.

Hong Kong (Unsplash)

Markets

Upbit Halts CRV Withdrawal and Deposit After Curve Finance Exploit

Other exchanges say they are monitoring the situation closely but have not taken any action.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Markets

Bitcoin Teeters Around $29.2K as Crypto Markets Slide Amid Curve Exploit, SEC Clampdown on Hex

BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered a breach.

Bitcoin daily chart. (CoinDesk Indices)

Markets

First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return

An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What's behind Russia's mining boom?

Bitcoin weekly chart. (CoinDesk Indices)