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


Markets

OKX joins crypto’s pre-IPO frenzy with OpenAI, SpaceX perpetual futures

Crypto exchanges are increasingly competing to offer retail traders exposure to Silicon Valley’s most valuable private firms, despite the products conferring neither equity ownership nor shareholder rights.

SpaceX and Tesla CEO Elon Musk

Policy

North Korea terror victims escalate fight to seize $71 million from Aave hack

In a 30-page response filed Tuesday, attorneys for victims of three North Korea terrorism cases reframed the April 18 Aave hack as fraud rather than theft — a distinction that could give the attackers legal title to the borrowed crypto.

Court room and gavel

Markets

Bitcoin tops $81,000 as Strategy mulls selling its BTC to fund dividend obligations

Strategy executive chairman Michael Saylor signalling a potential bitcoin sale to cover $1.5 billion in annual dividend obligations sent MSTR down 4% after hours and BTC briefly below $81,000.

(Photo by Kanchanara on Unsplash/Modified by CoinDesk)

Policy

DeFi lender Aave asks court to block $71 million crypto seizure tied to North Korea claims

The filing challenges a New York restraining notice that froze ETH on Arbitrum after the rsETH exploit, with Aave arguing the funds belong to users, not North Korea judgment creditors

Gavel

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Markets

Bitcoin tests $80,000 as Asia’s bid fades and Hong Kong AI IPOs surge

Western desks are carrying the bitcoin rally alone, with Friday’s jobs report the next test.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

Laywer pops up on Arbitrum DAO forums seeking funds for victims of decades-old North Korean terrorist acts

Families holding decades-old judgments against North Korea are trying to seize 30,765 ETH frozen after last month’s rsETH exploit, citing alleged links between the attack and DPRK-linked hacking groups such as Lazarus, and invoking a New York restraining notice that could block Arbitrum from releasing the funds.

North Korea flag

Finance

Coinbase boosts Solana trading with DFlow integration

Coinbase adding DFlow as its primary router will mean eight times less trade failures.

Coinbase logo shown on a laptop screen

Markets

Recovery in bitcoin ETF inflows is real. It is just not complete yet.

While ETF inflows have resumed, the recovery has yet to match last fall’s peak.

ETFs (Markus Winkler/Pixabay, modified by CoinDesk)

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Finance

Strategy raised $82 million last week but holds off on bitcoin buys ahead of earnings

Michael Saylor says the company will resume purchases next week, but the pause lands as analysts focus on losses and the growing complexity of Strategy’s preferred-stock funding machine.

Michael Saylor

Markets

Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month.

(Shutterstock)