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 of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist 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


Markets

Selling on Rise? Crypto Whale Transfers $42.8M ETH to Binance

Roughly 18 hours ago, a so-called whale transferred 12,000 ETH worth $42.8 million to Binance, according to Lookonchain.

A whale is seen apparently surfacing through a mobile-phone screen

Markets

Dogecoin Climbs 18% on DOGE Futures Hopes, Bitcoin Nears $68K

Crypto markets dumped, then jumped, as regulatory headwinds and macroeconomic decisions played their hand in a rollercoaster 24 hours.

Bull and Bear (nosheep/Pixabay)

Markets

Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year

Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports

CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.

ETH price (CoinDesk)

Policy

Guilty Verdict for Woman Accused of Laundering Bitcoin Tied to Alleged $6B China Fraud: Bloomberg

Police in the U.K. seized over 1.7 billion pounds ($2.2 billion) worth of related bitcoin in 2018.

Police, crime (geralt/Pixabay)

Finance

Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming

Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.

Kraken (DreamStudio/CoinDesk)

Tech

Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature

The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter, released Wednesday.

StarkWare CEO Eli Ben-Sasson, speaking at ETHDenver on Thursday. (Danny Nelson)

Finance

Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors

Meld, which is in partnership with the layer-1 blockchain of the same name, has an agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December

Vilnius, Lithuania (Shutterstock)

Markets

Bitcoin Climbs Above $63K, Crypto Longs Take On $600M in Liquidations

The broad-based CoinDesk 20, an index of various major tokens minus stablecoins, was little changed over the past 24 hours with losses of just 0.34%.

Person climbing up a waterfall

Markets

Solana Leapfrogs Ethereum on DEX Volume

The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.

Top blockchains by DEX volume. (DefiLlama)