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


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)

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)

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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)

Markets

Bitcoin’s Realized Capitalization Climbs to Record High Even as Spot Price Drops

The on-chain metric is rising despite bitcoin falling to more than 12% below its all-time high.

Bitcoin: Realized Cap Drawdown (Glassnode)

Markets

PEPE Slips as Whale Offloads $4.8M Stake, Still Outperforms Memecoin Sector

Despite the sell-off, PEPE rebounded sharply from it's session lows, with sustained buying interest and growing whale holdings.

PEPE/USD Price chart (CoinDesk Data)

Finance

Sonic Community Approves $150M Token Issuance for U.S. ETF Push, Nasdaq Vehicle

Sonic Labs pitched the proposal as a necessary break from its “2018 tokenomics,” which involved Fantom giving away most of its supply to the community.

A women drops her vote into a wooden box.

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Markets

Metaplanet Bitcoin Purchase Takes Holdings to 20K BTC, Overtaking Riot Platforms

1,009 BTC purchase worth $112M is biggest since July, shares drop 5.5%

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Markets

Crypto Markets Today: SOL Futures Are More Popular Than Ever, U.S. Inflation Report Looms

Open interest in SOL futures hit a record high alongside a rally in the token's price to a level not seen since February even as Solana application revenue dropped.

Solana sign and logo