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 and collapse. He managed the Bloomberg Terminal's main news page and worked on a global project to produce short, chart-based stories across the newsroom. Before that, he worked 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

Payment giants Stripe, Visa, Mastercard said to be among backers of soon-to-debut stablecoin platform

U.S. crypto exchange Coinbase is also said to be looking into the possibility of participating in the new stablecoin platform.

A cellphone held near a card reader (NFC)

Crypto Daybook Americas

Bitcoin momentum gauge hints at recovery. Experts remain cautious.

Your day-ahead look for June 3, 2026

A swimming shark.

Markets

Bitcoin steadies at $67,000, faces critical juncture after sliding 9.5% in seven days

The recovery does little to mask a 9.5% weekly decline as U.S. stocks hit records highs, AI tokens rally and Coinbase's Ethena deal steals the spotlight.

CoinDesk

Policy

UK's financial watchdog cracks down on Premier League crypto partnerships

The FCA said unauthorized firms could be breaching rules on financial promotions through high-profile sponsorships deals.

Manchester City soccer team pose for a group photograph.

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Finance

DeFi won't win over big banks until it fixes its hacking problem, executives say

Lenders are particularly interested in blockchain's back-office applications, but security failures are blocking wider adoption.

The panel at Proof of Talk in Paris.

Tech

Here's how one decentralized cloud provider says private citizens can make money from AI

Titan Network says its crowdsourced computing network has signed tech giants like Tencent and Alibaba as clients, saving them as much 75% on AI costs.

River Davis (Olivier Acuna/CoinDesk)

Tech

Movement pivots to stablecoin payments as the layer-2 boom loses momentum

The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.

Moving headlights and taillights form parallel colored trails on a dual carriageway.

Finance

Symbiotic aims to make tokenized assets easier to cash out with new liquidity network

Liquid Lane aims to solve a key bottleneck that is holding back growth of tokenized funds and credit: long redemption times, Symbiotic cofounder Misha Putiatin said.

Symbiotic cofounders Misha Putiatin and Algys Ievlev (Symbiotic)

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Markets

Ripple’s dollar stablecoin expands to Turkey through three local platforms

BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.

Turkish flag suspended from a wire against a sunset sky.

Crypto Daybook Americas

Bitcoin's slide may have more to do with AI than Strategy

Your day-ahead look for June 2, 2026

Artificial intelligence (AI) key on a keyboard (BoliviaInteligente/Unsplash)