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

Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan

The fall in the monthly average network hashrate was a result of miners curtailing operations in response to the recent heatwave, the report said.

(Shutterstock)

Finance

Bitcoin Miner IREN Hits 50 EH/s Midyear Hashrate Target, Eyes AI Expansion

IREN plans to expand its AI infrastructure at its site in Childress, Texas, with a new data center set for delivery by the end of 2025

ASIC Miners (Sandali Handagama/CoinDesk)

Markets

Strategy's Perpetual Preferred Stocks May Be Front Running S&P 500 Inclusion

Bitcoin’s monthly record close sparks speculation around Strategy’s market moves, but interest rates may also be playing a role.

MSTR, S&P 500, BTC (TradingView)

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Tech

XRPL EVM Sidechain Goes Live, Unlocking Ethereum Dapps in XRP Ecosystem

The development introduces Ethereum Virtual Machine-compatible smart contracts to the XRP Ledger, enabling developers to deploy their Ethereum-based apps.

Ripple Labs CTO David Schwartz (Ripple Labs)

Markets

Circle Valuation Is 'Outside Our Comfort Zone,' Initiate at Underweight: JPMorgan

The Wall Street bank started coverage of the stablecoin issuer with an underweight rating and a $80 price target.

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

Markets

Michael Saylor's Strategy Added 4,980 Bitcoin Last Week, Bringing Stack to 597,325 Coins

The fresh acquisition was funded mostly through sales of common stock with sales of preferred shares accounting for a modest proportion.

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

Policy

Spanish Police Arrest 5 in Suspected $540M Crypto Fraud Operation

The investigation was supported by Europol, as well as police forces from Estonia, France and the U.S.

Crime scene tape (geralt/Pixabay)

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Policy

Bank of Korea Halts CBDC Project as Government Submits Stablecoin Bill: Report

The project had reached the stage of developing a pilot program together with participating banks.

16:9 South Korea Won (ldensity67/Pixabay)