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


Finance

Base’s Flashblocks Let Bots Front-Run Its Own Founder as Snipers Walk Off With $1.3M

Two traders captured more than $1.3 million in profits by exploiting Base’s new “flashblocks” system during the debut of the network founder’s creator coin.

Snipers pocket $1.3 million on JESSE token (Stocksnap/Pixabay)

Markets

Crypto Markets Today: Bitcoin, Ether Slide as Liquidity Crisis Fuels Heavy Sell-Off

Crypto markets plunged toward April lows on Friday as a lingering liquidity crunch amplified price swings. Bitcoin and ether fell more than 10%.

Liquidity void in crypto persists (Simon Hurry/Unsplash)

Markets

Ark Invest Adds Nearly $40M of Crypto Equities for Second Day as Sell-Off Continues

The St. Petersburg, Florida-based investment manager added to its holdings in Coinbase, Bitmine Immersion Technologies, Circle Internet and Bullish.

Ark Invest's Cathie Wood (CoinDesk)

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Markets

Exactly One Year After Strategy’s All-Time High, the Bitcoin-Linked Slide Intensifies

Strategy's stock price has fallen sharply alongside bitcoin, marking one of its worst drawdowns since it adopted a bitcoin treasury strategy in 2020.

MSTR Share Price (TradingView)

Markets

BONK Holds Range as Heavy Volume Marks Key Support Retest

The Solana memecoin stayed locked in a wide consolidation band, with surging volume confirming both a resistance rejection and subsequent recovery.

BONK-USD, Nov. 20 (CoinDesk)

Tech

Ethereum’s Fusaka Upgrade Signals New Era for Value Accrual: Fidelity Digital Assets

The upgrade marks a sharper strategic turn for the blockchain, aligning protocol development with economic intent and strengthening the case for ether.

Ethereum Logo

Policy

Core Foundation Wins Injunction Against Maple Finance on Alleged Confidentiality Breach

The Grand Court of the Cayman Islands granted the injunction against Maple Finance completing its own liquid staking token syrupBTC.

Maple Finance's CEO and co-founder Sid Powell (Danny Nelson, modified by CoinDesk)

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Markets

Solana ETFs Post Second-Biggest November Inflows as Demand Grows During Downturn

Spot SOL exchange-traded funds extended an inflow streak since they began trading on Oct. 28 while bitcoin and ether ETFs bled hundreds of millions of dollars.

Solana (SOL) Logo

Markets

B. Riley Cuts Digital Asset Treasury Company Price Targets as Crypto Slump Deepens

The investment bank slashed price targets across so-called Datcos, citing sector-wide pressure and weaker accumulation trends.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)