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

English High Court Rules Tether's USDT Stablecoin Counts as Property

USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.

Tether 's logo painted on a wooden background.

Finance

YieldNest Unveils First Liquid-Restaking Token on BNB Chain as Return-Boosting Strategy Gains Ground

Users will also earn "Seeds" points when restaking, which can eventually be converted into token airdrops.

YieldNest rolls out restaking token (aliata/Unsplash)

Policy

EToro Reaches $1.5M SEC Settlement, Agrees to Stop Trading Most Cryptocurrencies

The only crypto assets U.S. customers will be able to trade on the company’s platform are bitcoin, bitcoin cash and ether, though the company said the practical effects on customers is minimal.

SEC office (Nikhilesh De/CoinDesk)

Policy

Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use

The central bank wants to promote the widespread use of the digital ruble.

Russian flag (Egor Filin/ Unsplash)

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Markets

Leverage in the Bitcoin Market Is Increasing Again as $58.5K Becomes Key Level

High-leverage liquidity in bitcoin is concentrated at around $58,500, according to Hyblock Capital.

Bitcoin's estimated leverage ratio. (CryptoQuant)

Markets

U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank

Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.

Deutsche Bank logo

Markets

Bitcoin Yields as High as 45% on Offer in Pendle's New Pools

The floating yields on the bitcoin-based LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.

(engin akyurt/Unsplash)

Policy

UK Introduces Bill to Clarify Crypto's Legal Status

The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.

(Drop of Light/Shutterstock)

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Finance

Binance.US Chooses Fireblocks to Bolster Crypto Custody, Staking Services

The exchange will use Fireblocks to power custody operations, customer deposits and withdrawals, and further expand staking services.

Two large stacked blocks displaying Binance's logo at a trade show.

Policy

EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End

The European Banking Authority estimates that 15 technical standards, including those for stablecoin issuers, will become official before the end of 2024.

The EU's MiCA law starts to take effect at end-2024. (Pixabay)