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


Markets

Crypto Market Faces Weak Demand, Needs Trump Initiatives to Kick In, JPMorgan Says

Institutional crypto futures positioning suggests a weakness in demand, the report said.

JPMorgan building (Shutterstock)

Policy

European Central Bank to Work on Settlement System for Distributed-Ledger Transactions

The two-stage process will start with a link to the existing Target system.

European Union Flag (Christian Lue / Unsplash / Modified by CoinDesk)

Policy

New SEC Cyber Unit Closes Chapter on Agency's Crypto Enforcement Emphasis

The SEC's Republican leaders have shifted what had been a crypto-focused enforcement squad into a smaller group with a broader responsibility.

SEC GOP contingent

Markets

U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says

Institutional use of these cryptocurrencies will increase once rules are in place, the report said.

(Credit: iStockPhoto)

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Finance

Pi Network's Token Debuts at $195B Value Despite Minimal Liquidity

There are definite liquidity concerns as 2% market depth on OKX fails to reach $100,000..

Hands on smartphone

Markets

LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows

On-chain data tracked by Nansen shows 86% of traders lost money, a total of $251 million.

Rendering of a tunnel with walls of zeros and ones disappearing into the distance.

Tech

Blockchain Bridging Protocol LayerZero to Connect With Bitcoin Sidechain Rootstock

Rootstock's aim is to end Bitcoin's "isolation" from other chains due to its lack of native smart contracts.

Tree roots (StockSnap/Pixabay)

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Finance

Ethereum L1 Monad Joins Forces With Orderly Network for DeFi Boost

The arrival of the Monad testnet will provide traders with a fast EVM-compatible building site and the possibility of airdrops on the L1.

Orderly Chief Operating Officer Arjun Arora (Orderly)

Policy

EToro Secures MiCA License From Cyprus to Offer Crypto Services Across EEA

The approval allows the trading platform to expand its digital asset offerings across all 30 European Economic Area countries.

EU flag and other flags (Yuedongzi CHAI/ Unsplash)