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

Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April

Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.

food shopping in brown bags

Finance

PancakeSwap Deploys on Ethereum Scaling Network Arbitrum in Expansion Drive

The decentralized exchange has joined several networks this year in the search for new users and revenue streams.

Pancakes.(Mae Mu/Unsplash)

Finance

Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding

The fundraising was led by Blockchange Ventures with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, Iclub and TA Ventures.

Cube3.ai founder and CEO Einaras Gravrock (CUBE3.AI)

Policy

Russia to Test Digital Ruble With Banks, Clients

The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.

El presidente de Rusia, Vladimir Putin. (DimitroSevastopol/Pixabay)

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)