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

BNB Hovers Near $850 After Brief Rally Above $855 as Sellers Return

The rebound from support was fueled by above-average activity and a clean break above nearby resistance could shift sentiment.

BNB price chart (CoinDesk Data)

Markets

Bitcoin Network Hashrate Returned to All-Time Highs in August: JPMorgan

The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month.

ASIC bitcoin miners

Finance

Kite Raises $18M to Bridge Stablecoin Payments and Autonomous Agents

General Catalyst and PayPal Ventures co-led the Series A funding as Kite launches infrastructure to let AI agents transact at scale with on-chain settlement

16:9 Kites (Bill Fairs/Unsplash, modified by CoinDesk)

Markets

Crypto Markets Today: Futures See Capital Outflows as WLFI Looks to Shore Up Confidence

Exchanges liquidated $370 million of crypto futures bets as bitcoin confounded expectations for a move lower while gold topped $3,500 an ounce for the first time.

Computer screens show a security's price graph (PIX1861/Pixabay)

Advertisement

Markets

ICP Advances 2.8% as Buying Interest Revives

ICP traded in a 5% channel from $4.60 lows to $4.84 on surging volume, showcasing resilience despite broader market turbulence.

ICP, Sept. 2 2025 (CoinDesk)

Tech

BNB Chain-Based Venus Protocol Drained of $27M on Suspected Contract Compromise

The attack involved updating a contract to a malicious address, affecting tokens like vUSDC and vETH.

Hacker sitting in a room (Clint Patterson/Unsplash)

Markets

Federal Reserve Rate Cut Could Spark a Revival in Bitcoin’s Basis Trade

CME open interest and futures premiums have slumped this year. Looser monetary policy may change the picture.

CME BTC Open Interest (Glassnode)

Advertisement

Markets

Holders of Trump’s Crypto Token Targeted by Hackers in Phishing Exploit

Exploiters are increasingly targeting WLFI holders as it gains in mindshare and popularity following its trading launch.

Hacker working on two laptops (Azamat E/Unsplash)

Markets

Polygon Leads Crypto Gains With 16% Weekend Surge as CoinDesk 20 Index Holds Steady

Technical models flag bullish momentum, with support emerging around $0.277–$0.278.

CoinDesk 20 Index constituents (CoinDesk Indices)