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

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)

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Finance

Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg

The UAE-based firm is developing one of the region’s largest mining facilities.

The Abu Dhabi skyline (Nick Fewings/Unsplash)

Markets

Bitcoin Steady Above $29K, Bond Yields Rise as BOJ Makes Yield Curve Control More Flexible

BOJ announced a proper yield curve control tweak with semantics that camouflaged the hawkish move.

Bank of Japan's tweak to its bond buying program had little effect on bitcoin. (Getty Images)

Policy

FTX and Genesis Reach Agreement in Ongoing Bankruptcy Dispute

Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims.

(Danny Nelson/CoinDesk)

Policy

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

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Markets

Bitcoin Erases Losses, Holds Near $29.3K as Nasdaq Gains Nearly 2%

Friday morning brought more welcome U.S. economic data, with the PCE Price Index – the Fed's preferred inflation gauge – dipping further in June.

Bitcoin rebounds to cross $29.5K on Friday (CoinDesk)

Web3

Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says

Meta's pivot cost the social media giant over $20 billion since 2021, but the company’s founder and CEO Mark Zuckerberg says the firm isn't giving up on the metaverse anytime soon.

PARIS, FRANCE - MAY 24, 2018 : Facebook CEO Mark Zuckerberg in Press conference at VIVA Technology (Vivatech) the world's rendezvous for startup and leaders. (Shutterstock)