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


Finance

HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report

The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.

Hong Kong (Unsplash)

Policy

Binance's Activities Are Illegal in Nigeria, Securities Regulator Says

The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors.

Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)

Policy

Crypto.com Trumps Binance, Securing Netherlands Registration as Larger Rival Withdraws

The Netherlands, which has taken a tough line on rivals such as Binance and Coinbase, follows France, Dubai and the U.K. in recognizing the crypto exchange.

Netherlands flag. (Flickr)

Tech

Shibarium Blockchain's Ethereum Bridge Goes Live for Testing as SHIB Tries to Shed Meme Coin Tag

The Shiba Inu-based layer 2 blockchain is expected to start operations next month.

Bonk, un token inspirado en Shiba Inu emitido el 25 de diciembre, dio ganancias de aproximadamente 2220% a traders la semana pasada y registró una suba de 150% solo en las últimas 24 horas. (Payless)

Policy

Pacific Island Group of Palau Starts Stablecoin Trial on XRP Ledger

The country has been distributing PSC (Palau stablecoin) for three weeks and the test will run through August.

Palau (Rene Paulesich / Unsplash)

Markets

Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts

A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.

BTC's daily chart (TradingView/CoinDesk)

Finance

Binance to Reenter Japan in August 2 Years After Regulator's Warning

The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November.

Binance CEO Changpeng "CZ" Zhao shakes hands with an unidentified person, poses for a photo

Policy

Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank

For many citizens, the central bank digital currency isn't easy to use.

Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)

Finance

Optimism Tokens Worth $36M to Be Unlocked on Sunday; OP Slides 3.5%

Before the previous unlock, the token plunged more than 10% before recovering on the day.

Optimism token unlock schedule (token.unlocks.app)

Finance

ZkSync's Largest Lender Struck by $3.4M Exploit

EraLend said the threat has been contained, but advises against deposits.

Hacker (Towfiqu Barbhuiya/Unsplash)