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


Tech

FTX-, A16z-Backed Aptos Blockchain Is Off to a Sluggish Start

Transaction speeds and tokenomics disappoint on the first day of transactions for the ‘Solana killer’ chain run by ex-Meta employees. Can this protocol gain the trust of investors?

Aptos Labs CEO Mo Shaikh (Tracy Wang/CoinDesk)

Markets

First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward

The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting Macau; the largest cryptocurrency by market cap is trading above $19.5K.

(Macau Photo Agency/Unsplash)

Markets

First Mover Asia: A Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate; Cryptos Hold Steady in Weekend Trading

Chinese researchers say such an initiative would increase monetary cooperation and reduce dependency on the U.S. dollar, but that probably isn’t what different countries want.

(Twenty47studio/Getty Images)

Finance

Binance Pool lanza un fondo de US$500 millones para apoyar la minería de bitcoin

La empresa es la última en unirse al creciente grupo de prestamistas alternativos que buscan inyectar capital en la golpeada industria de la minería.

(Midjourney/CoinDesk)

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Finance

Mango Markets Community Counters Exploiter’s Settlement Offer

The initial offer appeared to have been rejected.

(Kevin Ku/Unsplash)

Finance

Binance Pool Starts $500 Million Fund to Support Bitcoin Mining

The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.

(Midjourney/CoinDesk)

Policy

Digital Asset Bank Custodia Files Petition in US Court Over BNY Mellon's Crypto Approval

Custodia alleges the Kansas City Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.

CDCROP: Custodia Bank CEO Caitlin Long on CoinDesk TV's "All About Bitcoin." (CoinDesk TV)

Markets

First Mover Asia: How Many Metaverse Users Are There? The Figures Are Debatable and Discouraging

Decentraland and Meta’s Horizon Worlds, among others, say they’re popular, but a deep dive into user data indicates they’ve yet to catch on; Bitcoin trades up slightly as inflation report nears.

The lonely landscape of Decentraland. (decentraland.org)

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Markets

Mango Markets Exploiter Provides Ultimatum: ‘Repay Bad Debt’

Hacker proposes to send back stolen MSOL, SOL and MNGO if Mango Markets promises to pay back bad debt using USDC available in its treasury.

(Towfiqu Barbhuiya/Unsplash)

Markets

Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Shows

Data show that Alex Mashinsky, who resigned as Celsius’ CEO on Sept. 27, continues to move crypto out of wallets while withdrawals are suspended for customers.

Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)