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


Markets

Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend payments

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.

Strategy's Michael Saylor (CoinDesk)

Markets

Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain

Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose.

Laptop with markets monitor and charts. (Kanchanara/Unsplash)

Markets

U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead

Your look at what's coming in the week starting June 1.

U.S. Congress building

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Policy

How the House Financial Services Committee is taking on tokenization: State of Crypto

Rep. French Hill, head of the House Financial Services Committee, weighed in on outstanding policy issues in an interview with CoinDesk last month.

Rep. French Hill (Nikhilesh De/CoinDesk)

Markets

Bitcoin slides to April lows as crypto diverges from record-chasing U.S. equities

Bitcoin's failed breakout above $83,000 is looking increasingly like a bear market signal, even as S&P 500 and Nasdaq futures notch gains and approach all-time highs.

Bitcoin price (CoinDesk Data)

Policy

Kalshi follows CFTC in suing Minnesota over law criminalizing prediction markets

The Governor of Minnesota signed into law a measure that, starting Aug. 1, makes it a crime to advertise and operate prediction market platforms across the state.

Minnesota federal courtroom. (Jonathunder/Wikimedia Commons)

Tech

Solana, Sui and Aptos wallet data targeted in TrapDoor package attack

The campaign targets crypto, DeFi, AI and security developers with fake tooling packages to steal wallets, SSH keys, GitHub tokens, cloud credentials and browser data.

Hacker facing screens with lines of code (Boitumelo/Unsplash)

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Markets

OKX Ventures buys $53 million stake in Korea's Coinone exchange

The crypto exchange's investment arm and Korea Investment & Securities will each invest 80 billion won ($53 million) as Coinone pushes into stablecoins and tokenized securities.

South Korea (Photo by Daniel Bernard on Unsplash/Modified by CoinDesk)

Tech

A blockchain lottery plans to turn crypto gambling fees into Ethereum developer funding

Decentralized lottery protocol Megapot is teaming up with Protocol Guild in what the firms describe as the crypto industry’s first programmable charity lottery.

Lottery balls