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


Policy

Jane Street asks court to reject Terraform claims tied to UST-LUNA crash

A filing Thursday said the lawsuit rehashes events already settled in court and seeks damages for losses caused by internal misconduct.

Terraform founder Do Kwon (Filip Filipovic/Getty Images)

Tech

Researcher wins 1 bitcoin bounty for 'largest quantum attack' on underlying tech

Independent researcher Giancarlo Lelli broke a 15-bit elliptic curve key on publicly accessible quantum hardware, 512 times larger than the previous public demonstration in September 2025.

Hacker sitting in a room (Clint Patterson/Unsplash)

Markets

Bitcoin stalls below at $77,500 as volatility cools, traders unwind leverage

BTC holds a tight range as open interest drops, signaling cooling momentum, while altcoins show mixed performance and ZEC attracts fresh bullish interest.

BTC/USD (CoinDesk Data)

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Markets

Michael Saylor says the bitcoin winter is over. Some experts agree, with caveats.

Market analyst Mati Greenspan said bitcoin has not gone through a “winter,” rather a pullback within a broader bull market, adding the next leg up for bitcoin will be driven by nation-state adoption.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Policy

India pushes e-rupee through welfare pilots as BRICS digital currency plan takes shape

Farmers and food programs anchor 10 pilots aimed at boosting usage, while New Delhi eyes BRICS CBDC link ahead of 2026 summit

Indian flag (Naveed Ahmed/Unsplash)

Tech

JPMorgan says persistent security flaws curb DeFi’s institutional appeal

A $20 billion hit from the KelpDAO exploit highlights systemic risks, while flat ETH-denominated growth and a shift to stablecoins point to ongoing fragility in DeFi.

Fingers rest on a computer keyboard. (Shutterstock)

Finance

BIS warns cryptocurrency exchanges are becoming ‘shadow banks,’ and why that's a risk

The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance.

BIS Tower. (BIS/Media Gallery)

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Markets

More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

Gaming took 63% of all Web3 venture funding in 2022, but by 2025 its share had fallen to single digits as capital rotated into AI, real-world assets and layer-2 infrastructure.

A shuttered bank in the ghost town of Rockerville, South Dakota, near Mount Rushmore. (Peter Unger/Getty Images)