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


Markets

Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance's Guilty Plea

We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.

airplane, buildings (sasint/Pixabay)

Tech

Sam Altman to Return as OpenAI CEO Following In-Principle Agreement

"I’m looking forward to returning to OpenAI, and building on our strong partnership with msft (Microsoft)," Altman said in a post early Wednesday.

OpenAI's Sam Altman, who has proposed Universal Basic Compute as a fix for automation-driven global equality. (Village Global/Flickr)

Markets

Bitcoin and BNB Recover as Binance Plea Seen Boosting Spot ETF Odds

Some observers believe Binance's downfall has boosted the spot-ETF approval odds.

Two large stacked blocks displaying Binance's logo at a trade show.

Markets

Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

24 hours ago, prediction markets were almost certain that Altman wouldn't be back as OpenAI's CEO. Now the market's answer to that question has changed twice.

Prediction markets generate more accurate forecasts than other methods. (Bettmann/Getty Images)

Markets

Tokens In SEC's CrossHairs Are Posting Double Digit Year-To-Date Returns

The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven't dampened investor enthusiasm for most of the tokens.

Securities Exchange Commission Chair Gary Gensler has a skewed view of what constitutes an investment contract, Polymesh's Graeme Moore writes. (SEC, modified by CoinDesk)

Finance

Sam Altman, Former OpenAI CEO, Lands at Microsoft

Altman and other departed OpenAI staff will join a new advanced AI research team at the software giant.

(Microsoft)

Markets

OpenAI CEO Drama Makes a Market for Blockchain Betters

Over $250,000 in liquidity was built up in prediction market contracts on Polymarket over the weekend, from the serious to the absurd.

Sam Altman at Village Global's The Grove in 2022 (Village Global/Flickr)

Markets

AI Tokens Jump on Irrational Euphoria as Musk’s X Corp Reveals xAI Shareholding

Developments in key artificial intelligence (AI) companies sometimes drive gains in AI-focused tokens as traders bet on the long-term growth of such tokens.

(Andriy Onufriyenko/GettyImages)

Markets

Bitcoin Held in Exchange Wallets Rising at Pace of $1.16B a Month, Data Show

The inflow comes as bitcoin has gained 7% this month, extending October's 28% rally.

(micheile henderson/ Unsplash)

Markets

AVAX, NEAR Beat Ether and Bitcoin as Wall of Red Continues in Asia

AVAX is up 8% in the last 24 hours, while bitcoin is trading below $36,500

Avalanche AVAX crypto token (Getty)