Sheldon Reback

Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.

Sheldon Reback

Latest from Sheldon Reback


Markets

Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months

BTC's dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.

BTC's dominance rate (TradingView/CoinDesk).

Finance

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.

robot hand holding dollar bills

Finance

Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board

Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.

(Arisa Chattasa, Unsplash)

Finance

Kraken’s Derivatives Arm Joins Copper’s Crypto Settlement Network

Copper’s ClearLoop provides institutions with connectivity to OKX, Bybit, Deribit, BIT, Gate.io, Bitfinex, Bitget and PowerTrade, with Bitstamp and Bitmart soon to go live.

(l-r) Zodia Custody CEO Julian Sawyer, Kraken MTF CEO Mark Jennings, Komainu COO Suzanne Hubble (AIM Summit)

Markets

First Mover Americas: Mt. Gox Repayments Worsen BTC Woes

The latest price moves in crypto markets in context for June 24, 2024.

BTC price, FMA June 21 2024 (CoinDesk)

Markets

Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan

Iris Energy is best positioned to take advantage of the high-performance computing/AI opportunity, the report said.

(Shutterstock)

Finance

Don't Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month

Permission-based repo ledgers are among the most successful applications of blockchain technology.

(Shutterstock)

Markets

Mt. Gox to Begin Repayments in July; BTC Slides Under $61K

The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Tech

Cosmos DAO Osmosis to Adopt Fee-Free Bitcoin Bridge

Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.

Ethan Buchman (left), co-founder of Cosmos, speaks about Bitcoin with Osmosis Labs co-founder Sunny Aggarwal, at Consensus 2024 in Austin, Texas. (CoinDesk)

Markets

Meme Coin Liquidity Hits Record High Even as Bid-Ask Spread Spotlights Risk

Generally, increased liquidity leads to a tighter bid-ask spread, but that's not the case with meme coins.

Higher liquidity in meme coins isn't being reflected in risk assessments. (ataribravo99/Pixabay)