Sheldon Reback

Sheldon Reback

Sheldon Reback is CoinDesk's European news editor. 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 subsequently managed the Bloomberg Terminal's main news page before becoming the European editor for a global project to produce short, chart-based stories across the newsroom. His previous work as a journalist took him to Hong Kong, where he reported and edited for several technology magazines, and he also has experience in market research and writing computer manuals. Sheldon has an MBA from the London Business School and an industrial chemistry degree from Brunel University. He owns a small amount of ether.

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Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit
Shares of rival crypto exchange Coinbase fell by nearly 10%.
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My Big Coin Founder Gets 8-Year Jail Sentence for Fraud
Randall Crater, 52, was convicted in July of defrauding investors of more than $6 million.
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Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)
Argo Blockchain Suspends Trading in US Shares for 24 Hours
The company said earlier this month it was close to restructuring without having to declare bankruptcy.
Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)
(Muhammad Ribkhan/Pixabay)
Crypto Lender Nexo Canvasses Vauld Creditors Directly With Final Takeover Offer
In an open letter, Nexo said earlier offers were misrepresented and it wanted to deal directly with the creditors.
(Muhammad Ribkhan/Pixabay)
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Defrost Finance Says Hacked Funds Have Been Returned
The hack, which some observers had characterized as a rug pull, was estimated to have netted $12 million.
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Crypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo
Vauld applied in Singapore for protection from creditors in July and signed an initial agreement with Nexo the same month. Nexo, however, said talks are still taking place.
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Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull
The total value of funds locked on the protocol had dropped to less $93,000 on Sunday from about $13 million, Defi Llama data shows.
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Bitcoin mining rigs (Christie Harkin/CoinDesk)
Class-Action Suit Against Crypto Miner Iris Energy Quickly Withdrawn
The lawsuit, filed in the District Court for the District of New Jersey, was withdrawn a day after it was filed.
Bitcoin mining rigs (Christie Harkin/CoinDesk)
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Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for More Than $15M
The transaction is expected to be completed by the third quarter of 2023.
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Japanese exchange Liquid Global has locked customer withdrawals. (Creative Commons)
Liquid Global, Crypto Exchange Owned by FTX, Halts Withdrawals
The Japanese exchange was acquired by FTX earlier this year.
Japanese exchange Liquid Global has locked customer withdrawals. (Creative Commons)