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

Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein

That's up from $125 million now as use should grow with more co-branded partnerships, a report from the firm said.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Finance

Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador

The crypto exchange said it now holds licenses to operate in 18 countries.

El Salvador (Esaú González, Unsplash)

Finance

Decentralized Insurance Alternative Nexus Mutual Provides Cover to UK Shopkeepers

A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to The Retail Mutual insurer comprising over 5,000 shopkeepers and small retail businesses.

umbrella_shutterstock

Markets

AI Will Be One of the Most Important Investment Themes Over the Next Decade: Morgan Stanley

The generative-AI market rally is assumed to have started with the launch of ChatGPT late last year, the report said.

(Gerd Altmann/Pixabay)

Markets

Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy

Almost 69% of circulating bitcoin have been inactive for at least a year.

An increasing figure of inactive bitcoin suggests a decline in the supply available in the market. (Glassnode)

Finance

Binance's VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange

Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Markets

Bitcoin Remains King While Crypto Hedge Funds Get Rekt

Even though crypto hedge funds managed positive returns during the first half of the year, bitcoin trounced them, according to a 21e6 Capital report.

(Getty Images)

Policy

Worldcoin Nairobi Warehouse Raided by Kenyan Police: Reports

The project failed to reveal its true intentions when it registered in the country, authorities say.

Worldcoin's iris-scanning technology is being questioned by regulators (Danny Nelson/CoinDesk)

Tech

Cardano Blockchain Transactions Jumped 49% in Q2 on Network Upgrades, New Users

Blockchain load — a measure of how much data is contained in blocks over a certain period — rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May.

(Danny Nelson/CoinDesk)

Markets

Crypto Options Traders Bet Against Volatility

"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling, or writing, call or put options.

open laptop next to a pen lying on a blank notepad page