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

PayPal expands stablecoin rails with custom token issuance platform

The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Finance

U.S. Bank takes next step towards launching its stablecoin with cross-border payment test

The fifth-largest U.S. commercial bank said it is exploring USBDC stablecoin for treasury payments, liquidity management and collateral after completing a live transaction.

U.S. Bank sign on a building (Getty Images)

Markets

Bitcoin climbs as oil tops $100, equities drop after Iran strikes

Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.

Chart plotting percentage change in a number of crypto and traditional assets. (TradingView data)

Advertisement

Finance

Singaporean 22-year old pleads guilty to being the ringleader in $245 million crypto fraud case

Malone Lam, a Miami resident charged with stealing 4,100 bitcoin, led a ring of fraudsters who stole crypto via online scams and home invasions.

A hooded figure sits in front of a bank of computer screens. (Arian Darvishi/Unsplash)

Finance

Copper CEO Amar Kuchinad is departing as search for a buyer enters a fourth month

Kuchinad, the CEO of cryptocurrency custody firm Copper since 2024, is leaving the company, according to two people familiar with the matter.

Photo of Copper CEO Amar Kuchinad (Copper)

Crypto Daybook Americas

Bitcoin ETFs are still $1 billion shy of breaking even in 2026

Your day-ahead look for Sept. 8, 2026

Chart of net fund flows since the start of 2026.

Markets

Bitcoin slips to $78,800 as BNB and DeFi tokens buck the selloff

Bitcoin fell 0.42% since midnight UTC to $78,874, but the CoinDesk 20 rose 0.2% and the memecoin index gained 0.41% as BNB Chain tokens rallied.

Crypto Markets Today (CoinDesk Data)

Advertisement

Finance

Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

South Korea’s budget office warned that stablecoin adoption could reduce banks' roles as credit intermediaries and potentially destabilize token pegs during mass redemptions.

South Korea flag  (Daniel Bernard/Unsplash)

Tech

Tracking cocoa may be just the beginning for PwC, Merck, Hashgraph provenance system

The firms say their combination of physical authentication, digital traceability and enterprise process design has no precedent in supply chains, and cocoa is just the start.

A pair of hands holding dried cocoa beans