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


Tech

Coinbase advisory board says quantum computing threat is on the horizon, crypto needs a plan

The 50-page paper concludes that while today’s blockchains remain secure, a future “fault-tolerant quantum computer” capable of breaking widely used encryption is increasingly plausible, and preparation must begin now.

Coinbase CEO, Brian Armstrong, at Consensus 2019 (CoinDesk)

Finance

UK invites crypto giant Bybit to London to win over some of UAE’s innovation shine

Bybit CEO Ben Zhou had meetings in the U.K. this week with government-linked bodies including the FCA and House of Lords.

UK Parliament Building and Big Ben, London

Markets

Almost 80% of Japan's institutional investors plan to buy crypto within 3 years, survey finds

A survey by Nomura reveals that roughly 80% of Japan's investment professionals plan to allocate up to 5% of their portfolios to digital assets by 2029.

Japan flag in front of a building (Roméo A./Unsplash)


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Markets

Bitcoin climbs as risk sentiment improves, altcoins hit by exploit concerns

Bitcoin advanced while altcoins continued to struggle after the weekend's DeFi exploit, with markets eyeing Middle East tensions and shifting risk sentiment.

CoinDesk

Finance

Crypto scammers offer ‘safe passage’ through Hormuz. At least one ship may have been conned.

Marisks, a maritime risk company, alerted ships stranded by the Hormuz blockade to scammers posing as Iranian authorities asking for bitcoin or USDT.

Oil tanker viewed from above. (Venti Views/Unsplash)

Markets

Bitcoin is now calmer than South Korea's stock market. Here's why it matters

Bitcoin's comparative stability during geopolitical turmoil has reinforced its appeal as a hedge.

A tree reflected in still waters at night. (Pixabay)

Finance

UK gas-investment firm weighs bitcoin mining, draws criticism

Reabold Resources' gas field is so large it could theoretically mine 50,000 BTC, local media said. The firm said it will test bitcoin mining before pivoting to data centers.

Bitcoin mining farm (CoinDesk archives)

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Policy

Global stablecoin rulemaking slows, prompting BIS to urge cooperation to avoid fragmentation risks

To mitigate risks like sudden withdrawals, policymakers are debating safeguards such as limiting interest payments and offering issuers access to central bank backstops.

Pablo Hernández de Cos

Finance

Coinbase, Bybit said to be working together on tokenization, custody and distribution of U.S. stocks

The talks do not involve any sort of stake acquisition or similar deal to enter the U.S., as was reported elsewhere last month.

Coinbase logo shown on a laptop screen