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

Tether, Circle to Face Intense Competition as TradFi Enters the Arena, Fireblocks Says

Ran Goldi, SVP of payments at Fireblocks, reviews the strategic moves as stablecoin issuers look to corner the market.

Fireblocks sign at Miami airport during Bitcoin Miami conference 2022 (Danny Nelson/CoinDesk)

Markets

Stablecoin Market Could Grow to $2T by End-2028: Standard Chartered

The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the report said.

Standard Chartered logo on the side of a building.

Finance

ZKSync Admin Wallet Compromised, $5M Stolen

The ZK token is down by 13.7% in the past 24 hours.

FastNews (CoinDesk)

Markets

AI Crypto Tokens Nurse Losses as Nvidia Bearish Options Bets Cross the Tape

These could be protective plays, one observer said, referring to the activity in the NVDA put options.

AI coins drop amid increased activity in the NVDA puts. (spalla67/Pixabay)

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Tech

MIT-Incubated Optimum Raises $11M Seed Round to Build Web3's Missing Memory Layer

The seed round was led by 1kx and included Robot Ventures, Finality Capital, Spartan and more.

MIT Professor Muriel Médard sitting at a table in front of a diagram-covered whiteboard (Optimum)

News Analysis

CoinDesk Weekly Recap: Crypto Emerges From the Tariff War

Plus: Paul Atkins was confirmed and ETH ETF options were approved.

CoinDesk

Finance

How the Hype for HyperLiquid's Vault Evaporated on Concerns Over Centralization

Users fled the DEX and TVL has dropped to $150 million from $540 million in the past month.

Five horses gallop through the sea toward the viewer.

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Markets

Cardano’s Hoskinson Sees Bitcoin Touching $250K, Tech Giants Adopting Stablecoins

“You’ll have a lot of fast, cheap money, and then it’ll pour into crypto,” he said in a recent interview.

Charles Hoskinson, CEO and founder of IOHK, the lead developer of Cardano.

Markets

Tariffs, Trade Tensions May Be Positive for Bitcoin Adoption in Medium Term: Grayscale

Tariffs contribute to stagflation, and this benefits scarce assets such as gold and bitcoin, the report said.

Photo of a yellow and black striped barrier.