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

Australian Securities Exchange Gives Green Light to DigitalX's Bitcoin ETF

DigitalX Bitcoin ETF will trade on the ASX as BTXX

Sydney Opera House in Australia (Stanbalik/Pixabay)

News Analysis

Prediction Markets and Polls Both Got the French Election Wrong

Plus: Polymarket traders remain skeptical about Biden's insistence he's staying in the U.S. presidential race; will ETH fall to $2,630?

PARIS, FRANCE - JULY 07: People are seen celebrating on the statue of Marianne on the Place de la Republique to celebrate after the Nouveau Front Populaire, an alliance of left wing parties including the far-left wing party, La France Insoumise came in first on July 07, 2024 in Paris, France. The National Rally party was expected to have a strong showing in the second round of France's legislative election, which was called by the French president last month after his party performed poorly in the European election, but first projections have shown an unexpected lead for French left wing alliance New Popular Front. (Photo by Remon Haazen/Getty Images)

Markets

CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins

Nearly $175 million in long liquidations as broader market contracts

(CoinDesk Indices)

Finance

Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

The defunct crypto exchange announced last month that it will begin repayments in July.

(CoinDesk)

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Markets

Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Markets

Trump-Biden Tussle Sees PoliFi Sector Lose Lustre as BODEN Drops 95% From Peak

TRUMP, the largest Trump PoliFi token, is down 10% on-day and 34% in the last week. TREMP, the counterpart to Boden, is also down double digits: nearly 10% in the last 24 hours, and 37% on-week.

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

Policy

U.S. Judge Sets Stage for NFT Securities Trial as DraftKings Lawsuit Moves Forward

The class action suit from DraftKings buyers alleges that NFTs are investment contracts.

Detail view of a DraftKings Sportsbook advertisement at an NHL game. (Brett Carlsen/Getty Images)

Markets

Biden's Odds of Dropping Out Jump to 55% on Polymarket as Obama Raises 'Concerns' About Presidential Campaign

Traders are now giving a 55% chance President Biden abandons his campaign and a 42% chance he does it before the Democratic convention

Former President Donald Trump (left) and President Joe Biden (right) debated in Atlanta on Thursday night. (Justin Sullivan/Getty Images)

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News Analysis

UPDATE: Polymarket Logs First $100M Month as Election Drama Heats Up

President Biden's blunders during last week's debate are the latest factor driving volume on the crypto-based prediction market.

ATLANTA, GEORGIA - JUNE 27: U.S. President Joe Biden participates in the CNN Presidential Debate at the CNN Studios on June 27, 2024 in Atlanta, Georgia. President Biden and Republican presidential candidate, former U.S. President Donald Trump are facing off in the first presidential debate of the 2024 campaign. (Photo by Justin Sullivan/Getty Images)

Policy

U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge

A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

Changpeng Zhao, commonly known as "CZ", founder and CEO of Binance, at Davos in 2023. (Casper Labs)