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

CrowdStrike Outage Could Be Fixed Within the Day, Unlikely Caused by a Hack, Polymarket Bettors Say

Bettors are placing their money on the service being fixed by the end of Friday, with a slight possibility of it happening by mid-day.

A 'Blue Screen of Death' (Wikipedia)

Policy

Biden Dropout Chances Rise to 68% After Covid Diagnosis

President Joe Biden said during an interview that if a medical condition emerged, he'd consider dropping out of the race.

The market ponders Joe Biden's future (Jon Tyson/Unsplash)

Finance

Market Maker Flowdesk Doubled Down on the U.S. as Things Looked Bleak. Now That Bet Is Paying Off

Flowdesk's CEO made a contrarian bet on the U.S. while the SEC was waging war on crypto. Fast forward a year, and the country has bitcoin ETFs, ether ETFs are imminent and pro-crypto legislation is before the Senate.

head and shoulders shot of Flowdesk CEO Guilhem Chaumont

Finance

OKX Wallet Hits 100 Protocol Support as It Adds TON Compatibility

There is a growing TON-based economy, using Telegram as a hub, and activity tends to increase when new gamification features are added.

(KleverLevel/Adobe Stock)

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Policy

Steve Bannon-Linked Chinese Businessman Found Guilty in Fraud Scheme

Guo was found guilty on nine charges, including racketeering, fraud, and money laundering

Guo Wen-gui in April 2017 (VOAnews/Wikipedia)

News Analysis

U.S. Secret Service Chief Probably Won't Be Fired, Polymarket Bets Signal

The shooting at Trump's rally created severe concerns with the Secret Service's planning. Plus: Another all-time high for Trump's odds of victory; bettors think BTC will continue green streak until end of week.

LAUREL, MARYLAND (May 10, 2024) Director of the United States Secret Service, Kimberly Cheatle, speaks during the Secret Service Wall of Honor Ceremony at the James J. Rowley Training Center in Laurel, Maryland. (DHS photo by Tia Dufour)

Markets

Staked Ether Close to All-Time High as ETF Approval Nears

Polymarket bettors give a 90% chance that ether ETFs will be approved by July 26.

Ethereum (ethereum.org)

Policy

Jump Trading Drags FTX Estate to Court Over $264M Serum Token Loan

Jump Trading's Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol's current market cap.

Current FTX CEO John J. Ray has worked to clawback funds spent by the previous operators of the defunct FTX exchange. (Wikimedia Commons)

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Markets

GSR and Wealth Manager St. Gotthard Execute Options Trade Tied to CoinDesk 20 Index

The trade based on the CD20 index marks a milestone in digital asset options, enhancing institutional risk management, GSR said in a release.

GSR co-founders Cristian Gil and Rich Rosenblum (GSR)

Markets

AI Tokens Outperform CoinDesk 20 Index Tuesday Despite Clouds Forming Over Industry

New research from Goldman Sachs and Sequoia challenges assumptions that Artificial Intelligence and Large Language Models can change the world.

(Possessed Photography/Unsplash)