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

Crypto Markets Today: Bitcoin, Ether Edge Higher; HyperLiquid Surges on $1B Purchase Plan

After weeks of turbulence, the crypto market found support Thursday, with Bitcoin and Ether posting modest gains and HyperLiquid’s token HYPE soaring.

A see-saw sits unused in a playground

Finance

Polymarket Seeks Investment at Valuation of $12B-$15B: Bloomberg

That level would mark a more than 10-fold increase since June, when Polymarket raised $200 million at a $1 billion valuation.


Finance

Bunni DEX Shuts Down, Cites Recovery Costs After $8.4M Exploit

The team cannot afford the cost of relaunching the protocol, which would require significant investment in audits and development.

Fluffy bunny (Pablo Martinez/Unsplash/Modified by CoinDesk)

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Finance

Quantum Solutions Adds 2K ETH to Become 11th-Largest Ether Treasury Company

Quantum Solutions boosts ETH position as company cements standing among top digital asset treasuries, become No. 2 DAT outside U.S.

Ethereum (CoinDesk)

Policy

Canada’s Anti-Money Laundering Watchdog Levies Record $126M Fine on Cryptomus

Fintrac said the firm was fined for unreported activity including transactions tied to child sexual abuse material, fraud, ransomware payments and sanctions evasion.

canaa fintrac

Policy

UK Regulator Sues Crypto Exchange HTX for Unlawful Promotion of Digital Assets

The financial watchdog previously issued warnings going back to 2023 about the exchange, which has links to Tron founder Justin Sun.

UK FCA building (FCA, modified by CoinDesk)

Markets

BNB Drops Below $1,100 as Memecoin Activity and Perpetuals Fuel Chain Growth

Technically, BNB is consolidating between support at $1,055 and resistance near $1,112, with buyers attempting to absorb selling pressure.

BNBUSD (CoinDesk Data)

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Markets

Crypto Markets Today: Zcash Surges to Lead Altcoin Market as Bitcoin Stalls Near $108K

While bitcoin and ether continue to trade within tight ranges, Zcash (ZEC) has extended its extraordinary rally, now up more than 460% in a month.

shadowy figure in a dilapidated neighborhood (Nghia Do Thanh/Unsplash)