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

Strategy Raises Dividend on STRC Offering to Attract Yield-Seeking Investors

The company boosted the yield on the perpetual preferred stock to try and edge STRC toward $100 target.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Policy

Crypto Exchange OKX Fined $2.6M in Netherlands for Failing to Register With Dutch National Bank

The company offered crypto services in the Netherlands from July 2023 to August 2024 without the legally required registration.

OKX trading app on a mobile phone (CoinDesk)

Finance

Jack Ma-Linked Yunfeng Financial to Build Ether Treasury Starting With $44M ETH Purchase

Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury strategy in recent months.

Ant Group and Alibaba co-founder Jack Ma (CoinDesk Archives)

Markets

BNB Hovers Near $850 After Brief Rally Above $855 as Sellers Return

The rebound from support was fueled by above-average activity and a clean break above nearby resistance could shift sentiment.

BNB price chart (CoinDesk Data)

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Markets

Bitcoin Network Hashrate Returned to All-Time Highs in August: JPMorgan

The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month.

ASIC bitcoin miners

Finance

Kite Raises $18M to Bridge Stablecoin Payments and Autonomous Agents

General Catalyst and PayPal Ventures co-led the Series A funding as Kite launches infrastructure to let AI agents transact at scale with on-chain settlement

16:9 Kites (Bill Fairs/Unsplash, modified by CoinDesk)

Markets

Crypto Markets Today: Futures See Capital Outflows as WLFI Looks to Shore Up Confidence

Exchanges liquidated $370 million of crypto futures bets as bitcoin confounded expectations for a move lower while gold topped $3,500 an ounce for the first time.

Computer screens show a security's price graph (PIX1861/Pixabay)

Markets

ICP Advances 2.8% as Buying Interest Revives

ICP traded in a 5% channel from $4.60 lows to $4.84 on surging volume, showcasing resilience despite broader market turbulence.

ICP, Sept. 2 2025 (CoinDesk)

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Tech

BNB Chain-Based Venus Protocol Drained of $27M on Suspected Contract Compromise

The attack involved updating a contract to a malicious address, affecting tokens like vUSDC and vETH.

Hacker sitting in a room