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


Finance

Stripe's Bridge sees stablecoin volume quadruple as utility insulates from 'crypto winter'

The payments giant says Bridge, its stablecoin arm, saw its transaction volume sky-rocket through last year as stablecoin adoption is decoupling from crypto cycles.

Stripe co-founders Patrick and John Collison (Stripe)

Finance

Coinbase adds stock, ETF trading as it expands beyond crypto

The move pits Coinbase against Robinhood as it pushes to become an “everything exchange.”

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton/CoinDesk)

Markets

Cipher Digital shares rise 6% as the firm rebrands from bitcoin mining to HPC, earnings miss

The company's earnings came in below estimates as the miner leans into large scale data center buildout.

An engineer works with bitcoin mining rigs (Shutterstock)

Finance

Canton advances cross-border repo to free up $300 trillion assets via tokenization

A group of global financial firms tokenized a repo transaction with U.K. government bonds for the first time.

16:9 Pounds (PublicDomainPictures/Pixabay)

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Markets

Crypto markets bleed as bitcoin hovers above liquidation zone

Bitcoin dropped to $63,000 as the dollar climbed and equities weakened. A break below $60,000 risks further liquidations and a slide toward $52,500.

A man runs past a wall-painted exit pictogram toward a door.

Finance

Step Finance shuts operations after $27 million January hack

Step is working on a buyback for holders of native token STEP based on a snpashot of holdings and value prior to the incident.

Closed sign (Tim Mossholder/Unsplashed, modified by CoinDesk)

Markets

Canaan buys Cipher’s 49% of West Texas mining venture for $39.75 million in stock

The transaction gives Cipher a major shareholding in the Singapore-based company.

Racks of mining machines.

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Finance

Hong Kong's RedotPay said to plan blockbuster $1 billion IPO in New York: Bloomberg

The stablecoin payments company has hired JPMorgan, Goldman Sachs and Jefferies, according to Bloomberg.

Crowded Hong Kong street scene with Chinese banners over the road

Policy

Crypto.com wins initial approval for U.S. federally regulated crypto custodian bank

The national trust charter institution would consolidate custody services under a single framework under federal oversight.

Crypto.com (Jesse Hamilton/Coindesk)