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

DAWN raises $13M to expand decentralized broadband networks

The decentralized wireless protocol plans U.S. expansion and new international deployments as investors back a user-owned alternative to legacy internet providers.

Dawn (춘성 강/Pixabay, modified by CoinDesk)

Markets

Coinbase shares rise as ‘ambitious expansion’ wins analyst praise

The event marked a milestone that broadens the platform’s reach across new and traditional assets, the analysts said.

Coinbase

Finance

PayPal to use PYUSD stablecoin to fund AI infrastructure through USD.AI

The move links PayPal’s dollar-pegged token to onchain funding for GPUs and data centers, supported by a $1 billion customer incentive program.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Finance

North Korean hackers stole a record $2 billion of crypto in 2025, Chainalysis says

North Korea-linked hackers drove a record year for crypto thefts, favoring rare but massive attacks on centralized services, led by Bybit’s $1.4 billion breach.

North Korean flags waving in the wind.

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Markets

BNB holds onto fourth-largest crypto spot even as price falls, selling pressure builds

The token's short-term price action is sluggish, with trading volume spiking during sell-offs. Technical charts show support at $830 and resistance at $845.

BNB Rises to $840, Surpassing XRP as Fourth-Largest Crypto by Market Cap

Markets

World Liberty Financial proposes using treasury funds to boost USD1 stablecoin growth

The team argues that targeted incentives are needed to sustain that momentum in what it described as an increasingly crowded stablecoin landscape.

World Liberty Financial leadership team

Markets

Crypto Market Today: Bitcoin-gold ratio drops to lowest since January 2024

Bitcoin rose since midnight UTC, while remaining locked in the $86,000-$90,000 range. Against gold, however, it's still falling.

Stacked gold bars (Scottsdale Mint/Unsplash/Modified by CoinDesk)

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Markets

U.S. bitcoin ETFs see strongest inflows for over a month as BTC dominance hits 60%

Fidelity's FBTC recorded a top five inflow day as the ETFs took in a combined $457 million amid sharp BTC price swings.

BTC Dominance (TradingView)

Markets

ARK Invest buys another $25.4 million of COIN, BLSH, BMNR as crypto stocks slide

While the crypto market saw a brief rally during the U.S. morning, the gains were short-lived and the largest cryptocurrencies ended the day lower.

Ark Invest's Cathie Wood (CoinDesk)