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 and collapse. He managed the Bloomberg Terminal's main news page and worked on a global project to produce short, chart-based stories across the newsroom. Before that, he worked 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 pauses at $64,000 as rising yields, oil drag equities lower

BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday.

Bitcoin price (CoinDesk)

Finance

BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees

Sheldon Lee said a Chinese-language X account making the claims was hacked. Users want wallets, assets and liabilities disclosed.

A figure wearing a red hoody (Sebastiaan Stam/Unsplash)

Finance

Compound bets $52 million, new leadership team in switch to institutional focus

The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after retail traders lost interest.

HSBC, Citi logos on top of skyscrapers.

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Tech

How a bug in Coldcard’s code went unnoticed for years, leading to $100 million in hacked funds

Crypto’s favorite maxim, “don’t trust, verify” wasn’t followed in the case of Coldcard’s code.

Safe deposit boxes (Getty Images/Roc Canals)

Tech

Ethereum’s next big upgrade has 66 proposals, including a major privacy fix

Developers are narrowing the list for the Hegotá upgrade, including a package to change how wallets approve and pay for transactions, giving developers of privacy apps more of the tools they need inside Ethereum itself.

Ethereum Logo (Unsplash)

Markets

Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot

The price of bitcoin tracked a bounce in equities, but a $390 million ETF outflow streak and 10% odds on landmark crypto legislation leave markets searching for direction.

Bitcoin price (CoinDesk data)

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Markets

Coinbase-Circle USDC collaboration, FOMC minutes, oil price: Crypto Week Ahead

Your look at what's coming in the week starting Aug. 17

Circle logo on a shop front (Nikhilesh De/CoinDesk)

Markets

September Fed interest-rate increase is 'very unlikely,' Goldman Sachs says

Soft economic data has Goldman Sachs doubting a September rate increase, offering good news for bitcoin bulls.

Goldman Sachs logo by the New York Stock Exchange floor