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

MARA Sets Post-Halving Record With Highest Bitcoin Production Since January 2024

Strategic integration, proprietary mining pool, and rising hashrate fuel MARA’s standout May performance amid industry-wide difficulty spike.

MARA Holdings CEO Fred Thiel (CoinDesk "First Mover" screenshot)

Markets

Ethereum Upgrades Have Failed to Boost Network Activity in Meaningful Way: JPMorgan

Neither the number of transactions nor active addresses has increased significantly following recent network upgrades, the report said.

JPMorgan building (Shutterstock)

Markets

Bitcoin Mining Difficulty Is Set to Reach Record High Amid Surging Hashrate

Bitcoin’s difficulty is projected to rise over 4% to a record 126.95T as hashrate nears an all-time high despite low transaction fees.

Hash Rate (Glassnode)

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Finance

U.S. Sanctions Funnull for Role in Pig Butchering Scam, Huione-Linked Crypto Wallets

The wallets received payments directly from Huione Pay, a subsidiary of Huione Group.

Huione website (Jesse Hamilton/CoinDesk)

Policy

Samourai Wallet Files to Dismiss DOJ Case, Citing FinCEN Guidance

The developers claim Samourai Wallet never handled user funds and should not be considered a financial institution.

Statue of a samurai on horseback (Ryunosuke Kikuno/Unsplash)

Markets

BlackRock’s Bitcoin ETF Reaches Record Low Volatility, Draws Billions in Flows

As IBIT attracts institutional capital, Strategy sees one of its lowest volatility readings, dampening speculative interest.

BlackRock headquarters (Shutterstock)

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Finance

International Chauffeur Service Webus Plans $300M Raise for XRP Strategic Reserve

The China-based company says it aims to integrate XRP payments into its global chauffeur network.

U.S. dollar (Unsplash, modified by CoinDesk)

Finance

OpenSea Announces Upgraded Platform, Says SEA Token Airdrop to Come Later

OpenSea has still not set a date for the token release.

OpenSea platform (OpenSea)