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

MetaMask Confirms $30M Rewards Program, Links to Future Token

MetaMask's rewards initiative aims to boost activity on Consensys’ Linea network and integrate its mUSD stablecoin.

MetaMask's mobile app (Gabby Jones)

Markets

Asia Morning Briefing: Regional Crypto Power Balance Is Shifting as Japan 'Ready to Pop’

On the sidelines of Token2049 in Singapore, crypto execs kept returning to the same theme: Tokyo is becoming the region’s new crypto capital.

Tokyo, Japan (Jaison Lin/Unsplash)

Markets

AI and HPC Hype Fuels Pre-Market Rally in Bitcoin (BTC) Mining Stocks

Bitcoin treasury stocks are lagging, however, despite BTC trading above $124K.

Year To Date Performance (MSTR, 3350, CIFR, IREN, BTBT) (TradingView)

Markets

Polymarket Bettors Say U.S. Government Shutdown Will be Long But Won't Break Records

Bettors predict it will last longer than Oct. 15, but won't break the record set by the first Trump administration in 2018-2019.

U.S. Congress (Jesse Hamilton/CoinDesk)

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Markets

Asia Morning Briefing: Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions

Singapore made a bold move in its usual foreign policy of neutrality by sanctioning Promsvyazbank, a bank associated with the ruble stablecoin issuer A7A5, due to Russia's invasion of Ukraine. But A7A5 was able to legally make an appearance at Token2049 because the conference is organized by a Hong Kong entity.

Bo Hines speaks at Token2049 (Token2049)

Markets

Bitcoin Mining Hits Toughest Level Yet While Hashprice Slides

A soaring hash rate has pushed difficulty to 150.84T, leaving miners facing shrinking profitability.

(Glassnode)

Policy

'Tokenization Is Going to Eat the Entire Financial System' Says Robinhood CEO

At Token2049 Singapore, Robinhood's Vlad Tenev likened the growing popularity of the digital asset technology to a freight train that can't be stopped.

Robinhood CEO Vlad Tenev speaks at Token2049 (Sam Reynolds)

Markets

Crypto Perp DEX Mania May Quickly Fizzle Out, BitMEX CEO Says

A competitive battle has erupted in the perpetual decentralized exchange sector, with emerging platforms like Aster and Lighter significantly challenging Hyperliquid’s former dominance.

BitMEX CEO Stephan Lutz presents at Token2049 (BitMEX)

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Markets

SEC Willing to Engage With Tokenized Asset Issuers, SEC’s Hester Peirce Says

We are willing to work with people who want to tokenize, Peirce said.


Finance

Asia Morning Briefing: Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong

Most currencies in the region are locked in by capital controls. Hong Kong's unique status as an autonomous part of China means its currency is available around the world.

Hong Kong Harbor (Shutterstock/Modified by CoinDesk)