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

Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Shows

Data show that Alex Mashinsky, who resigned as Celsius’ CEO on Sept. 27, continues to move crypto out of wallets while withdrawals are suspended for customers.

Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)

Finance

Coinbase Gets Singapore Digital Payment Token License

Coinbase joins Crypto.com and DBS Vickers as major institutions with a DPT license from the Monetary Authority of Singapore.

Coinbase CEO Brian Armstrong. (CoinDesk)

Markets

First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K

The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.

Logan Paul Tweet/Twitter Bumblebee NFT Purchase (Twitter.com/@LoganPaul)

Finance

BNB Smart Chain Resumes Operations After $100M Exploit

A tweet from the official BNB chain Twitter account indicates the chain is back in operation after pushing out a software update to freeze hackers' accounts.

CoinDesk placeholder image

Markets

First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop

The collection, now valued at $840,000, is worth a fraction of the $21 million that the troubled hedge fund spent in assembling it; BNB falls after reports of an exploit.

The value of Three Arrows Capital's Starry Night NFT collection has plummeted. (Getty Images)

Markets

First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns

The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore.

Hong Kong (Shutterstock)

Markets

Web3 Gaming Has a Long Way to Go Before It Becomes Mainstream, Survey Says

A study from Coda Labs shows that only 3% of gamers own an NFT and generally don’t have positive feelings about crypto.

(PonyWang/Getty Images)

Markets

Three Arrows Capital's Liquidator Takes Possession of Starry Night NFT Wallet

Teneo, a consulting firm that is handling Three Arrows' liquidation, cited the help of pseudonymous NFT collector Vincent Van Dough.

"A slight lack of symmetry can cause so much pain," by Dimitri Cherniak – one of the NFTs in Starry Night's collection. (SuperRare)

Markets

Crypto Futures Exchange BitMEX CEO: Expect an Exchange Token ‘This Year’

The launch of BMEX was delayed because of market conditions, but the exchange’s CEO wants to get it launched before the end of 2022.

BitMEX CEO Alexander Höptner, center, speaks at Token2049 in Singapore (Token2049)

Finance

Luna Crypto Investors Failed to Appreciate the Risks, Galaxy Digital's Novogratz Says

“When a token goes from 20 cents to $100 and you don’t take profit, that’s lunacy,” the CEO of Galaxy Digital said.

Luna's retail investors lacked a risk management methodology, Mike Novogratz said. (Sam Reynolds/CoinDesk)