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

Coldcard urges users to move bitcoin as exploit is still in progress

The cold wallet maker said the flaw behind roughly $114 million in losses remains live, with specific models and firmware still exposed.

Coldcard urges users to move bitcoin as active wallet exploit continues. (Coinkite)

Markets

Bitcoin rises toward $64,000 as Coldcard exploit, Strategy sales recede. ADA advances

Bitcoin advanced as the market settled down following the weekend’s hack of Coldcard wallets and sales by Strategy even as sentiment remained in “extreme fear.”

Chart of bitcoin price over the past 24 hours

Finance

BlackRock debuts tokenized access to $311 billion of money market funds in Europe

Earlier this week, BlackRock expanded its U.S. tokenized cash platform which involved offering onchain shares of an existing fund, plus a new daily reinvestment stablecoin fund.

BlackRock headquarters (Shutterstock)

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Finance

First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns

Hashdex's DEFI, the smallest of the funds, held $14.7 million under management, compared with $47.08 billion for BlackRock’s IBIT.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Bhutan's GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge

The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset.

Buddha point, Thimphu, Bhutan (Passang Tobgay/Unsplash)

Markets

Circle slides after Morgan Stanley downgrade, cut in price target

The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.

Circle CEO Jeremy Allaire (Jemal Countess/Getty Images for TIME)

Policy

Bitget set to exit Japan, close all remaining positions by year-end

The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec. 31.

Tokyo, Japan. (Erik Eastman/Unsplash)

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Markets

Bitcoin, ether decline as Coldcard exploit enters a fifth day

Nevertheless, the drop in crypto prices seems restrained given the magnitude of losses in the wallet hack and the erosion of confidence in cold storage.

Bitcoin price chart