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


Tech

Ronin set to transition to Ethereum layer 2 from independent sidechain

The purpose behind the migration is to enhance security, tokenomics and scalability, said Ronin, which suffered the largest DeFi bridge exploit on record in 2022.

Computer keyboard with multicolored LED keys (Mateo/Unsplash)

Crypto Daybook Americas

Bitcoin funds capture $700 million as institutions place their bets

Your day-ahead look for May 11, 2026

Some coins piled on top of a $100 note.

Finance

Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue

Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Bitcoin whipsaws on CME open as Iran tensions pressure crypto markets

BTC briefly topped $82,400 before slipping below $81,000 as traders repositioned around CME futures open and geopolitical risks rattled markets.

CoinDesk

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Finance

Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg

Sources familiar with the matter told Bloomberg the fundraiser is expected to close in the coming weeks and the final amount might vary.

Blockchain (Shubham Dhage/Unsplash)

Markets

New Fed chair, Base's Azul upgrade, corporate earnings: Crypto Week Ahead

Your look at what's coming in the week starting May 11.

U.S. Federal Reserve in Washington. (Jesse Hamilton/CoinDesk)

Markets

Prediction markets are ditching the 'casino' label to become a regular part of how people track the news

A new report from Bitget and Polymarket reveals that prediction markets are evolving into a $240 billion industry driven by retail users who are trading more frequently on everything from crypto to politics.

Poker chips and two dice (Heather Gill/Unsplash)

Finance

Tether posts $1.04 billion Q1 profit, reaches $8.23 billion reserve buffer

The stablecoin issuer said the crypto market was highly volatile during the first quarter.

Tether CEO Paolo Ardoino (Modified by CoinDesk)

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Tech

AI agent forms its own company, gets ready to trade crypto

Although Manfred will not start trading crypto until the end of May, it already has a crypto wallet and credentials to hire staff, make payments and do business.

The letters "AI" surrounded by thin fibers. (Steve A Johnson/Unsplash)

Markets

Institutional demand to drive bitcoin market cap to $16 trillion by 2030: Ark Invest

The figure implies a sharp increase in the bitcoin price.

Ark Invest CEO Cathie Wood