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


Finance

Hong Kong crypto exchange CoinEx to cease operations after 9 years in business

Founder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.”

Closed store sign (Tim Mossholder/Unsplash)

Finance

Trump's $800 million stake into World Liberty Financial's token now has a timeline to becoming sellable

Onchain records show that an $800 million crypto stake that matched Donald Trump's holding was moved into a vesting contract, locking any sales until 2028 after a mandatory 10% token burn.

U.S. President Donald Trump (Roberto Schmidt/Getty Images)

Finance

Kaiko extends Series B funding round to $110 million with S&P Global, BNP Paribas

Financial rating giant S&P Global joined top traditional banks and exchange operators to fund Kaiko's expansion into continuous market data services

Kaiko CEO Ambre Soubiran said that his firms and its investors would together define how institutional money would moves onchain. (CoinDesk)

Policy

Trump agrees to stricter ethics rules to save Clarity Act crypto bill: AP

President Donald Trump agreed to expanded conflict-of-interest rules and state-level enforcement powers to secure key Senate votes for the Clarity Act.

President Donald Trump at the White House (Jesse Hamilton/CoinDesk)

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Markets

Bitcoin climbs to $78,000 as crypto sits out the AI selloff

Bitcoin rose 1.9% since midnight UTC while Nasdaq 100 index futures fell 1.65% on calls to slow AI development and crude gained almost 4% on a Saudi pipeline closure.

Crypto diverges from traditional markets (TradingView)

Finance

TikTok developer ByteDance arranges $29.6 billion loan as it builds AI ambitions

ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the AI race.

ByteDance headquarters in China. (ByteDance/Press)

Markets

Fed, BOE, BOJ interest-rate decisions: Crypto Week Ahead

Your look at what's coming in the week starting Sept. 14.

Federal Reserve logo highlighted on a U.S. banknote

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Markets

Bitcoin bucks tech selloff as AI safety concerns weigh on stocks

Bitcoin rose above $77,000 as calls to slow AI development hit technology shares, while rising oil prices added to market pressure.

BTC Price (CoinDesk)

Finance

Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value

The bitcoin treasury firm cut the potential Series 10 share pool to 188.2 million.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)