Latest from Sheldon Reback
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.

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.

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.

Bitcoin's bullish momentum runs into Pentagon-backed inflation warning
What you need to know for April 23, 2026

Bitcoin slips from near $80,000 as oil price increase weighs on risk assets
Bitcoin dips after testing $80,000 as oil surges and traders stay bearish, even though a breakout hints the rally could accelerate on short squeezes.

More than 100 crypto firms urge Senate to move on U.S. market structure bill
Key priorities include defining clear SEC and CFTC oversight roles, protecting non-custodial developers, simplifying disclosure rules, and avoiding a patchwork of state laws.

OpenAI appears to be poaching Coinbase’s marketing team
Six Coinbase senior marketing executives, including the exchange's former chief marketing officer, have jumped to OpenAI in the past year and a half.

Bitcoin tops $79,000 as crypto rally gathers steam; Circle, Coinbase, Strategy lead
BTC pushed to an 11-week high with dynamics for a short squeeze building, one analyst noted.

Tax-free bitcoin is back: How UK investors can avoid paying duty on crypto investments once more
Stratiphy will offer access to three ETNs provided by 21Shares: those covering bitcoin, ether and one combining BTC and gold.

Kraken filed 56 million crypto tax forms for 2025. One-third were below $1
The lack of a de minimis exemption for crypto payments and staking rewards taxed at receipt creates a huge reporting burden, the data shows.

