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

Gold Soars, Tech Futures Tumble as U.S. Hits China With Higher Tariffs

Tech stock futures fell as the U.S. imposed tariffs of up to 245% on Chinese imports while gold hit a record high and Nvidia plunged on export control fallout.

A gold bar (Scottsdale mint/Unsplash)

Finance

GameStop Did It. Now Strive's Matt Cole Wants Intuit to Back Bitcoin Too

Intuit’s deplatforming and anti-bitcoin stance could harm shareholder value, Cole said, while urging adoption of BTC as a strategic hedge.

Intuit's logo stands on the lawn outside the software maker's headquarter buildings

Finance

Tether, Circle to Face Intense Competition as TradFi Enters the Arena, Fireblocks Says

Ran Goldi, SVP of payments at Fireblocks, reviews the strategic moves as stablecoin issuers look to corner the market.

Fireblocks sign at Miami airport during Bitcoin Miami conference 2022 (Danny Nelson/CoinDesk)

Markets

Stablecoin Market Could Grow to $2T by End-2028: Standard Chartered

The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the report said.

Standard Chartered. (Shutterstock)

Finance

ZKSync Admin Wallet Compromised, $5M Stolen

The ZK token is down by 13.7% in the past 24 hours.

FastNews (CoinDesk)

Markets

AI Crypto Tokens Nurse Losses as Nvidia Bearish Options Bets Cross the Tape

These could be protective plays, one observer said, referring to the activity in the NVDA put options.

AI coins drop amid increased activity in the NVDA puts. (spalla67/Pixabay)

Tech

MIT-Incubated Optimum Raises $11M Seed Round to Build Web3's Missing Memory Layer

The seed round was led by 1kx and included Robot Ventures, Finality Capital, Spartan and more.

MIT Professor Muriel Médard sitting at a table in front of a diagram-covered whiteboard (Optimum)

News Analysis

CoinDesk Weekly Recap: Crypto Emerges From the Tariff War

Plus: Paul Atkins was confirmed and ETH ETF options were approved.

CoinDesk

Finance

How the Hype for HyperLiquid's Vault Evaporated on Concerns Over Centralization

Users fled the DEX and TVL has dropped to $150 million from $540 million in the past month.

Five horses gallop through the sea toward the viewer.