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

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Finance

Eigen Labs Axes 25% of Staff to Focus on Building EigenCloud

Eigen Labs, backed by $220 million in venture funding, will continue to operate its EigenLayer and EigenDA protocols as part of EigenCloud.

Empty office with lights on (Fiqih Alfarish/Unsplash)

Markets

Bitcoin Treasury Firms Expand War Chests as Global Adoption Rises

H100 Group, Remixpoint and LQWD Technologies secured new funding to boost BTC reserves, signaling growing corporate confidence in bitcoin treasuries.

Statue of a bull (ianproc64/Pixabay)

Finance

BioSig, Streamex to Raise $1.1B for Gold Tokenization Initiative on Solana

While a growing number of listed companies are pursuing crypto treasury strategies, BioSig is focusing on gold as a treasury asset combined with Streamex's tokenization plans.

A gold bar (Scottsdale mint/Unsplash)

Finance

Sequans Shares Jump 35% After $384M Debt-Equity Raise to Fund Bitcoin Treasury

The company will use a combination of American depositary shares, warrants and convertible debentures to raise the funds.

Stock trading chart next to watchlist (Tötös Ádám/Unsplash)

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Tech

Volkswagen ADMT Taps Solana-Based Hivemapper Bee Maps for Driverless Data

The deal highlights the growing adoption of crowdsourced geospatial data as autonomous ride-sharing firms look for more precise, up-to-date mapping infrastructure.

Volkswagen self-driving car (Volkswagen US Media Site)

Markets

SharpLink Gaming Jumps 26% as Ether Treasury Tops 200K ETH

The company introduced a new metric, ETH Concentration, that measures the number of ETH held per 1,000 diluted shares outstanding.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Core Scientific Cut to Neutral as CoreWeave Deal Adds Complexity: H.C. Wainwright

The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.

Bitcoin miners (Shutterstock)


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Markets

Strategy Holds 11th Largest U.S. Corporate Treasury, Bitcoin Rivals Big Cash Reserves

The company’s bitcoin holdings rival cash positions of top U.S. corporates, with strong performance in preferred stock offerings.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

BlackRock iShares Bitcoin ETF Surges Past 700K BTC in Record-Breaking Run

BlackRock’s IBIT becomes third-largest revenue driver among nearly 1,200 funds as spot bitcoin ETFs reshape the investment landscape.

(Shutterstock)