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 of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist 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


Tech

Base Says Sequencer Failure Caused Block Production Halt of 33 Minutes

The outage began at 06:07 UTC on Aug. 5, when the active sequencer fell behind due to congestion from on-chain activity, according to Base.

A plug disconnected from its electricity socket.

Markets

BNB Falls Below $750 as Crypto Market Sell-Off Erases Corporate-Fueled Optimism

The drop came amid a market sell-off triggered by bitcoin's drop to $112,800, which sparked $360 million in liquidations in 24 hours.

BNB price chart (CoinDesk Data)

Tech

Coinbase Adds Embedded Wallets to Development Platform to Simplify Web3 Onboarding

The new tool is part of the Coinbase Developer Platform (CDP) and lets developers integrate self-custodial wallets into their apps without any hiccups.

Coinbase CEO Brian Armstrong (Nikhilesh De/CoinDesk)

Markets

Cardano Drops 3% as Market Sell-Off Persists, Midnight Airdrop Sparks Volatility

ADA struggled to hold $0.740 amid broader crypto weakness, heavy trading volume and distribution pressure following the NIGHT token airdrop.

ADA struggled to hold $0.740 amid broader crypto weakness, heavy trading volume and distribution pressure following the NIGHT token airdrop.

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Markets

Worried About Timing the Bitcoin Market? A 'Lookback Call' Might Be the Answer

This option is particularly appealing when implied volatility is low, providing a 'perfect entry' for a slightly higher premium, Orbit Markets said.

Orbit Market favors lookback call as BTC corrects. (Vijayanarasimha/Pixabay)

Policy

U.S. CFTC Considers Allowing Spot Crypto Trading on Registered Futures Exchanges

The U.S. Commodity Futures Trading Commission wants stakeholders to work with it to provide regulatory clarity on listing spot crypto assets.

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

Finance

Aptos-Backed Decibel Unveils On-Chain Trading Platform With CEX Speed

The trading platform combines spot, perpetuals and yield strategies into a single interface, aiming to offer CEX-like speed with DeFi transparency.

(sergeitokmakov/Pixabay)

Markets

Solana Treasury Company Upexi Surpasses 2M in SOL Holdings

Upexi increased its holdings of Solana's sol by 172% in July, reaching over 2 million SOL.

Solana sign and logo

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Finance

Base Network Suffers 1st Downtime Since 2023, Halts Operations for 29 Minutes

The Coinbase-backed layer-2 blockchain went offline due to a block production issue, marking its first service disruption since 2023.

Random wires and connectors surround a small printed circuit board. (Randall Bruder/Unsplash