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

Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says

U.S.-listed mining companies produced a larger share of bitcoin in July than the previous month as they brought on new capacity faster than the network hashrate rose, the report said.

Bitcoin miners (Shutterstock)

Policy

Binance Completes Registration With India's Financial Intelligence Unit Months After Being Fined

The registration was provisionally approved in May, subject to the crypto exchange paying a fine of about $2.2 million.

(Vadim Artyukhin/Unsplash)

Finance

BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC

Critics of Sun's involvement don't understand the operational mechanics, the crypto custodian's CEO, Mike Belshe, said during an X Space discussion.

Justin Sun (CoinDeskTV)

Finance

Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding

The company plans to reach $16 million by the end of a second closing.

Parfin co-founders (left to right): Alex Buelau, Marcos Viriato and Cristian Bohn (Parfin)

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Markets

Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright

The company has the capital and the infrastructure to buy and deploy the latest generation of mining rigs at a favourable time, the report said.

A Hut 8 mining facility (hut8.io)

Markets

First Mover Americas: BTC Tops $61K, But Traders Remain Cautious

The latest price moves in crypto markets in context for Aug. 14, 2024.

BTC price, FMA Aug. 14 2024 (CoinDesk)

Finance

Crypto.com Secures Multiyear Sponsorship Deal With UEFA Champions League

The Champions League sponsorship will be unveiled officially at Wednesday's UEFA Super Cup match between Real Madrid and Atalanta in Warsaw.

(Crypto.com)

Finance

WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets

The Indian crypto exchange is facing heat from customers for the inability to withdraw their funds and an alleged lack of transparency after a $230 million exploit.

(Kevin Ku/Unsplash)

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Finance

Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain

Tweets from the crypto exchange and Jesse Pollak, the creator of Base, suggest cbBTC could run on the layer-2 blockchain.

Coinbase (PiggyBank/Unsplash)

Policy

Binance Says Venezuela Platform Is Being Hit by Access Restrictions

The Venezuelan government has blocked various websites, including the social network X, following allegations of fraud in the July 28 presidential elections.

(Ronal Labrador/Unsplash)