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


Tech

Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say

Cantor sees positive read-through for crypto custody providers, while FRNT says the breach could drive some investors toward bitcoin ETFs.

Person wearing a skeleton mask, with a lifted finger to their mouth. (Max Bender/Unsplash)

Finance

Yellow Card raises $40 million to link banks to stablecoin processing

The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago.

Yellow Card founders Chris Maurice and Justin Poiroux. (Yellow Card/Press)

Markets

Bitcoin, broader market fail to keep pace as global equities hit record highs

Derivatives data show subdued activity in bitcoin and ether but aggressive positioning in select altcoins.

Chart of bitcoin price over 24 hours

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Markets

Coldcard hack sparks a self-custody security overhaul: Cory Klippsten

The attack exposed a five-year-old firmware flaw. The industry’s rapid response is accelerating the adoption of collaborative multisig security.

Head and shoulders photo of Swan CEO Cory Klippsten (Swan)

Markets

Why bitcoin’s ‘500-day rule’ faces its biggest test yet

The so-called ‘500-day rule’ says buying BTC roughly 500 days before a bitcoin halving and selling it about 500 days after would have produced profits in prior cycles.

A bus carries a Bitcoin advert.

Markets

The worst chart for bitcoin bulls right now

For 14 years, one ratio moved only in bitcoin's favor. Now it has decisively turned the other way and bulls may not like what it means.

The S&P 500-to-bitcoin ratio. (TradingView)

Finance

Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped

The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million.

Intesa Sanpaolo headquarters in Turin (Riccardo Tuninato/Unsplash)

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Tech

Coldcard urges users to move bitcoin as exploit is still in progress

The cold wallet maker said the flaw behind roughly $114 million in losses remains live, with specific models and firmware still exposed.

Coldcard urges users to move bitcoin as active wallet exploit continues. (Coinkite)