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

First Mover Asia: Bitcoin Holds Above $21K in Weekend Trading, Solana Web3 Phone Faces Long Odds

Ether stays over $1,200; prior blockchain phones have failed because the market has realized their functionalities are already available on apps that can be loaded on any phone.

Bitcoin was down slightly on Sunday, but still trading at over $21,000. (Jay Radhakrishnan)

Finance

Dubai Regulator: Three Arrows Capital Isn’t Registered Here

The Dubai Financial Services Authority says the embattled crypto fund has not set up shop in the emirate, despite stated plans.

3AC co-founder Su Zhu speaks at Crypto Bahamas. (Tracy Wang/CoinDesk)

Markets

First Mover Asia: Hong Kong’s OSL Sees Strong Institutional Interest in Crypto, Despite Luna-Induced Volatility; Bitcoin and Ether Surge

Fernando Martinez, OSL's head of Americas, said global, institutional trading volume is higher than it was in 2021, the best year in the crypto exchange’s history. Altcoins have a good day.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Finance

Gigantes tecnológicos crean un foro de estándares para el metaverso con normas de software y terminología

Meta, Microsoft, Nvidia, Unity, Sony y otras 30 empresas se unen para construir la infraestructura de un metaverso interoperable.

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Tech

Tech Giants Create Metaverse Standards Forum for Software and Terminology Standards

Meta, Microsoft, Nvidia, Unity, Sony, and 30 other companies are coming together to build the infrastructure for an interoperable metaverse.

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Markets

First Mover Asia: Bitcoin Holds Steady Over 20K, USDC's ‘Flippening’ of USDT and the Stablecoin Bear Market

Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg.

Oso contra toro. (Getty)

Markets

First Mover Asia: A Chinese Alternative to Dollar-Based Stablecoins? Widening the Use of the CNH Presents Challenges; BTC Remains Above $20K

The token is a version of China’s currency designed for offshore use; other cryptos are mixed in light trading.

People's Bank of China (Emmanuel Wong/Getty Images)

Markets

First Mover Asia: Bitcoin as Digital Gold and Inflation Hedge. Really? BTC Is Under Water, While the Metal You Can Hold Is Breathing Air; Cryptos Rebound Sunday

A Sunday rally had bitcoin perched back over $20K and ether above $1.1K, but the recent Terra and Celsius debacles have increased investor anxiety about the digital assets' ability to maintain those levels.

(Colin Anderson/Getty Images)

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Markets

First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K

The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops 13%.

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Finance

Gaming DAO Merit Circle, YGG ‘Terminate Relationship’

Merit Circle members had proposed canceling YGG’s investment in the organization because of a lack of perceived added value. Now the two are parting ways.

The home of Axie Infinity has suffered a major exploit. (Sky Mavis)