Sam Reynolds

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.

Sam Reynolds

Latest from Sam Reynolds


Policy

U.S. Judge Sets Stage for NFT Securities Trial as DraftKings Lawsuit Moves Forward

The class action suit from DraftKings buyers alleges that NFTs are investment contracts.

Detail view of a DraftKings Sportsbook advertisement at an NHL game. (Brett Carlsen/Getty Images)

Markets

Biden's Odds of Dropping Out Jump to 55% on Polymarket as Obama Raises 'Concerns' About Presidential Campaign

Traders are now giving a 55% chance President Biden abandons his campaign and a 42% chance he does it before the Democratic convention

Former President Donald Trump (left) and President Joe Biden (right) debated in Atlanta on Thursday night. (Justin Sullivan/Getty Images)

News Analysis

UPDATE: Polymarket Logs First $100M Month as Election Drama Heats Up

President Biden's blunders during last week's debate are the latest factor driving volume on the crypto-based prediction market.

ATLANTA, GEORGIA - JUNE 27: U.S. President Joe Biden participates in the CNN Presidential Debate at the CNN Studios on June 27, 2024 in Atlanta, Georgia. President Biden and Republican presidential candidate, former U.S. President Donald Trump are facing off in the first presidential debate of the 2024 campaign. (Photo by Justin Sullivan/Getty Images)

Policy

U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge

A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

Changpeng Zhao, commonly known as "CZ", founder and CEO of Binance, at Davos in 2023. (Casper Labs)

Markets

T-Rex Group Files for 2x Long, Inverse Microstrategy ETF

Bloomberg ETF analyst Eric Balchunas said this will be the 'ghost pepper' of ETF hot sauce.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Trump's Odds of Victory Surge to 67% on Polymarket Post-Presidential Debate

Biden's chances at becoming the Democratic nominee also slid to 70%, while Gavin Newsom's odds jumped to 15%.

Trump-Biden debate (Screenshot)

Markets

UPDATE: Polymarket Says It's 'Conclusive' Barron Trump Was Involved in $DJT

Nearly all UMA token holders voted that Donald Trump's son Barron was not likely involved in the DJT meme coin. Polymarket says UMA got it wrong.

Polymarket CEO Shayne Coplan (Polymarket)

Finance

ZynCoin Meme Token Patches Things Up With Tobacco Giant Philip Morris

The Fortune 500 firm initially demanded an end to the crypto named for its nicotine pouch, but backed down after realizing there was no entity to sue.

NEW YORK, NEW YORK - JANUARY 29:  In this photo illustration, ZYN nicotine cases and pouches are seen on a table on January 29, 2024 in New York City. Sen. Chuck Schumer (D-NY) is calling for federal action on ZYN, a popular nicotine pouch in the United States. The senator is asking the FTC and FDA to investigate the companies marketing and the health effects of the nicotine pouch.  (Photo Illustration by Michael M. Santiago/Getty Images)

Markets

Investcorp and Securitize Launch Fund Tokenization Partnership

The partnership aims to create on-chain Real World Assets based on Investcorp's funds.

Computer, money. (TheDigitalWay/Pixabay)

Markets

PoliFi Tokens Return to Business After Proof of DJT-Trump Link Fails to Materialize

Many PoliFi tokens fell more than 10% after claims emerged that the Trump campaign was behind the DJT token.

Trump poster for 2024 election. (Jon Tyson/Unsplash)