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


Markets

Trump-Backed Bitcoin Miner American Bitcoin Targets September Nasdaq Debut

The miner 80% owned by Hut 8 is finalizing a merger with Gryphon ahead of listing. Trump brothers hold the other 20% stake.

Eric and Donald Tump Jr. in New York City in August. (Spencer Platt/Getty Images)

Finance

Jump Trading Alums Raise $20M for aPriori to Bring High-Frequency Trading Tools On-Chain

The San Francisco-based startup has secured $20 million in new funding, bringing total capital raised to $30 million.

(Getty Images+/Unsplash)

Finance

Lygos Aims to Banish Ghosts of Crypto Lending Collapse With Non-Custodial Bitcoin Model

Built on Discrete Log Contracts from Atomic Finance, Lygos says its new BTC credit platform avoids the custodial risks that sank Celsius, BlockFi and Voyager.

Lygos co-founders (Lygos)

Markets

Crypto Markets Today: BTC's Gain Lacks Derivative Traders' Support; YZY Leads to Losses

While the CoinDesk 20 Index of largest tokens has gained less than 1% in the past 24 hours, the CoinDesk 80 Index has rallied 4%.

Hands on a laptop keyboard with a screen showing charts and prices (Unsplash, Kanchanara)

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Markets

YZY Hype Machine Leaves Traders Nursing Millions in Losses on Ye-Linked Token

More than 51,800 addresses lost $1-$1,000, 5,269 are down $1,000-$10,000 and 1,025 shed $10,000-$100,000, Bubblemaps said.

Kanye West (Super 45/Música Independiente via Flickr)

Markets

ARK Invest Buys $15.6M Shares of Ether Treasury Firm Bitmine

Bitmine is one of the largest corporate holders of ether, having purchased over 1.7 million ETH, worth just under $8 billion at current prices.

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)

Tech

The Protocol: Bitcoin Mining Faces New Challenges as Power Costs Eat Profit

Also: Bitcoin Liquid Staking News, Optimism and Flashbots Team Up, Hemi Labs Raises $15M.

CoinDesk

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Markets

Crypto Markets Today: Bitcoin Underperforms Ether, Broader Market

Bitcoin, holding above $111,000 having bounced from lows earlier in the European day, is up less than 1% in 24 hours while the CoinDesk 20 Index has added 3.2%.

A trader sits in front of screens.