Sam Reynolds

Senior Reporter, Asia

Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.

Latest from Sam Reynolds

Markets

First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall Below $30K

A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop.

Jun 7, 2022

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

Markets

First Mover Asia: Tether Is Quiet About Its Bankers. Will It Affect Its Peg?

Tether has relationships with a number of banks but won't say much more; bitcoin rises slightly.

May 31, 2022

Tether's failure to pinpoint its banking relationships seems to already be affecting its dollar peg. (Getty Images)

Markets

First Mover Asia: Bitcoin Jumps Above $31K; Ether Gas Fees Drop

Crypto analysts are starting to ask if the market is finding a bottom after the latest downdraft.

May 31, 2022

Markets

First Mover Asia: Bitcoin Jumps Above $31K; Crypto Carbon Trading Races to Clean Up Act

Carbon credit protocols have had a difficult time in recent months but have been working to improve the way they operate; bitcoin on Monday notched its biggest single-day gain in more than two months.

May 30, 2022

Onshore wind turbines on the Bradwell Wind Farm near Bradwell on Sea, U.K., on Tuesday, Sept. 21, 2021. U.K. Business Secretary Kwasi Kwarteng warned the next few days will be challenging as the energy crisis deepens, and meat producers struggle with a crunch in carbon dioxide supplies. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

Markets

First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma

Bitcoin was headed for a ninth-straight weekly loss, a record. Terra delivered its new LUNA "revival" tokens, which crashed. Stepn has plenty of company among firms making changes to accommodate Chinese data-protection laws.

May 29, 2022

Los nuevos tokens LUNA, de Terra, se desplomaron casi en el mismo momento de su lanzamiento. (NASA)

Tech

Gaming DAO Merit Circle and YGG Caught in DAO Governance Strife

Merit Circle members want to refund Yield Guild Games’ investment and cancel an agreement between the two, claiming there has not been enough value added by the gaming guild giant. YGG says that was never on the table.

May 26, 2022

Markets

First Mover Asia: Bitcoin Dominates but Altcoins Lurk

Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.

May 24, 2022

Markets

First Mover Asia: Funds Lost Billions in the Terra Collapse. Here are the Ongoing Effects; Bitcoin Sees Red

When a fund suffers a major dent to its token, the impact reverberates widely throughout the venture funding eco-system; most major cryptos fell despite gains in U.S. equity markets.

May 23, 2022

Most major cryptos declined in the ongoing risk-averse environment (Getty)

Markets

First Mover Asia: Terra's Difficult Post-Collapse Path: VCs Backing Away, Regulators Jumping on Stablecoins

Some investors see salvageable pieces in the rubble while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin edges up in weekend trading.

May 22, 2022

Finance

First Mover Americas: Hashed Takes $3.5B Hit on LUNA as Bitcoin Trades Under $30K

The latest moves in crypto markets in context for May 19, 2022.

May 19, 2022