Sam Reynolds

Sam Reynolds is a senior reporter based in Taipei. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.

Recent

Shanghai's Nanjing Road (Benjamin Pattin/Unsplash)

Markets

Kraken

Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue

Crypto exchange Kraken agreed to shut down its U.S. crypto staking service in February as part of a settlement with the Securities and Exchange Commission.

By Sam Reynolds

Apr 13, 2023 at 7:04 a.m. UTC

Apr 13, 2023

KrakenShanghai upgradeShapellaEthereumStaking

Markets

Tron

Tron’s TRX Drops 6% as Binance.US Delists the Token

Binance.US says a variety of factors can lead to de-listing, including regulatory standing in the U.S. and unethical behavior.

By Sam Reynolds

Apr 12, 2023 at 3:08 a.m. UTC

Apr 12, 2023

TronTRXJustin SunBinance US

Markets

Asia pacific

First Mover Asia: Does Bitcoin at $30K Really Matter?

ALSO: Crypto exchange Bitget's $100 million fund targeting Web3 comes as Hong Kong eases crypto regulations and a number of East Asian countries have been promoting crypto.

By Sam Reynolds

Apr 12, 2023 at 1:43 a.m. UTC

Apr 12, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Hong Kong (anuchit kamsongmueang/Getty Images)

Finance

Grayscale

Metalpha Launches Grayscale-Based Digital Asset Fund

Metalpha’s Hong Kong-licensed fund will give investors exposure to Grayscale’s products, but also allow for withdrawals which is something currently missing for U.S. investors...

By Sam Reynolds

Apr 12, 2023 at 1:00 a.m. UTC

Apr 12, 2023

GrayscaleBitcoin ETFBitcoinHong Kong

Finance

Ftx

Bankruptcy Trading Platform Xclaim Closes $7M Round as It Adds Crypto Focus

Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018.

By Sam Reynolds

Apr 11, 2023 at 1:00 p.m. UTC

Apr 11, 2023

FTXGenesisBlockFiBankruptcyFunding RoundsSeries A

Finance

Bitget

Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund

The firm started its fund as more crypto projects seek non-U.S. jurisdictions.

By Sam Reynolds

Apr 10, 2023 at 5:44 a.m. UTC

Apr 10, 2023

BitgetHong KongWeb3AsiaCrypto Exchange

Markets

Asia pacific

First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the a...

By Sam Reynolds Michael J. Casey

Apr 10, 2023 at 12:50 a.m. UTC

Apr 10, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Policy

Thailand

Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report

Local stakeholders call the move a “marketing gimmick” while others say it's the most efficient way to distribute economic stimulus.

By Sam Reynolds

Apr 7, 2023 at 9:55 a.m. UTC

Apr 7, 2023

ThailandairdropElections

Finance

Bitmex

Former BitMEX CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund

Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.

By Sam Reynolds

Apr 7, 2023 at 3:00 a.m. UTC

Apr 7, 2023

BitMEXArthur HayesCryptoInvesting

Markets

Asia pacific

First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins

It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk ha...

By Sam Reynolds Daniel Kuhn

Apr 7, 2023 at 1:24 a.m. UTC

Apr 7, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia