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


Finance

Lygos Aims to Banish Ghosts of Crypto Lending Collapse With Non-Custodial Bitcoin Model

Built on Discrete Log Contracts from Atomic Finance, Lygos says its new BTC credit platform avoids the custodial risks that sank Celsius, BlockFi and Voyager.

Lygos co-founders (Lygos)

Markets

YZY Hype Machine Leaves Traders Nursing Millions in Losses on Ye-Linked Token

More than 51,800 addresses lost $1-$1,000, 5,269 are down $1,000-$10,000 and 1,025 shed $10,000-$100,000, Bubblemaps said.

Kanye West (Super 45/Música Independiente via Flickr)

Markets

ARK Invest Buys $15.6M Shares of Ether Treasury Firm Bitmine

Bitmine is one of the largest corporate holders of ether, having purchased over 1.7 million ETH, worth just under $8 billion at current prices.

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)

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Tech

The Protocol: Bitcoin Mining Faces New Challenges as Power Costs Eat Profit

Also: Bitcoin Liquid Staking News, Optimism and Flashbots Team Up, Hemi Labs Raises $15M.

CoinDesk

Markets

Crypto Markets Today: Bitcoin Underperforms Ether, Broader Market

Bitcoin, holding above $111,000 having bounced from lows earlier in the European day, is up less than 1% in 24 hours while the CoinDesk 20 Index has added 3.2%.

A trader sits in front of screens.

Markets

Metaplanet Shares Jump 6% on International Stock Sale, Financing Moves

International offering, warrant exercises, bond redemption and suspension notice highlight a sweeping capital strategy shift.

Statue of a bull (ianproc64/Pixabay)

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Finance

Health-Care Firm KindlyMD Plans $5B Equity Raise for Bitcoin Treasury

The sale timing and amount will be determined by a variety of factors, including market prices, the company said.

Salt Lake City, Utah (Robin Saville/Pixabay)

Finance

WLFI Futures Tumble 44% on Debut as Traders Short the Trump-Linked Token

Traders piled into short positions against WLFI as the Trump-linked DeFi token debuted on Hyperliquid, sending its price tumbling more than 44% in hours.

(Daniel Mirlea/Unsplash)