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

Stablecoins to Go Mainstream in 2025 After U.S. Regulatory Progress: Deutsche Bank

Stablecoins are increasingly becoming strategic assets, and support dollar dominance, the report said.

Deutsche Bank logo

Markets

DeFi Development Soars 20% as Solana Holdings Top $100M With Latest Purchase

The Nasdaq-listed firm has accumulated 595,988 in Solana's SOL, worth nearly $105 million, in the month since its crypto pivot.

A Solana booth at ethDenver (Danny Nelson)

Policy

Malaysia Power Theft by Illegal Crypto Miners Rose 300% Since 2018

Nationwide raids have shut down an average of 2,300 miners a year operating on stolen power since 2020.

The Petronas Towers in Kuala Lumpur Malaysia ( Patrick Langwallner / Unsplash)

Markets

Solana Block Traders See SOL Extending Gains, Surpassing $200 by End-June

Block traders piled into the $200 call option expiring on June 27.

A pen lies on top of a spreadsheet printout (steinarhovland/Pixabay)

Finance

Stablecoins Will Expand Beyond Crypto Trading, Become Part of Mainstream Economy, Citi Predicts

The next five years will likely see stablecoins substitute for some overseas and domestic U.S. currency holdings, according to a Citi Future Finance report.

Citigroup tower in London

Tech

Bitcoin DeFi Security Improves as Rootstock Boosts Hashrate Share

Rootstock is one of numerous projects looking to bring greater utility to Bitcoin by expanding the provision for DeFi with smart contracts.

Rootstock founder Sergio Demian Lerner gesticulates and wears a microphone headset. (Bradley Keoun)

Finance

Trump Family-Linked Firms Profited $320M on Memecoin Despite 87% Decline Since Day One

Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money.

Donald Trump speaking at the White House crypto summit. (Jesse Hamilton/CoinDesk)

Markets

Coinbase Divides Wall Street Analysts After Earnings Miss, Deribit Takeover

The crypto exchange's broadening product suite and dominant U.S. market position set it up well for the long term, many analysts said.

Coinbase. (appshunter.io/Unsplash)

Policy

Gemini Secures MiFID II License From Malta to Offer Derivatives in EEA

The license awarded by the Malta Financial Services Authority (MFSA) will enable the company to offer perpetual futures and other derivatives across Europe.

Cameron and Tyler Winklevoss (Joe Raedle / Getty Images)