Sheldon Reback

Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble and collapse. He managed the Bloomberg Terminal's main news page and worked on a global project to produce short, chart-based stories across the newsroom. Before that, he worked for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.

Sheldon Reback

Latest from Sheldon Reback


Policy

Global financial watchdog calls for cross-border information sharing, planning for stablecoin crisis

Coins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating cross-border crisis response.

Laptop, calculator and documents on table (Jakub Żerdzicki/UJnsplash)

Finance

SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI

SWI Group said it would use the proceeds from an 800 million-euro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX bankruptcy, from a bitcoin miner to an AI-focused data center.

AI Data center (Jorge Franganillo/Pixabay)

Markets

Altcoins rally on thin trading as bitcoin holds below $83,500

The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week.

Small caps lead Monday's move (CoinDesk Indices)

Markets

U.S. inflation, Ethereum upgrade talks: Crypto Week Ahead

Your look at what's coming in the week starting Oct. 12.

Graphic showing ethereum symbol on a grid with screens. (Ethereum)

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Tech

Why a bug that could have threatened XRP's 100 billion supply cap stayed hidden for years

The XRP Ledger Foundation said normal parameters never triggered the bug that could have broken XRP's supply cap, which is why it was undetected for years.

Code on computer monitor (Markus Spiske/Unsplash)

Finance

IMF finds demand for tokenized stocks, says the market is still volatile, illiquid

Investors are using blockchain-based shares for smaller and after-hours trades. The IMF says liquidity, legal rules and settlement systems have not caught up.

IMF headquarters Washington, D.C. (Henrik Gschwindt de Gyor/IMF)

Finance

Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen

The hardware wallet maker said it is investigating devices sold by a Southeast Asian reseller as social posts swirl about crypto assets drained from Bitcoin, Ethereum and Tron addresses.

Ledger wallet

Tech

Zcash developers set January target for quantum-resistant payments after ‘bunker mode’ scare

The plan concerns public payments, where about seven in 10 ZEC sit. A separate wallet tool would keep balance checks from revealing which addresses belong together.

A Zcash mining rig. (Victority/Shutterstock)

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Markets

Bitcoin steadies near $82,500 after Trump rules out Iran strike before midterms

Bitcoin recovered to around $82,500 after Trump ruled out an Iran strike, but remains about 4% lower on the week, while ether has lost 9%.

Bitcoin and ether bounce (CoinDesk data)