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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Progress in bringing crypto mining equipment back online has been slower than expected. (hut8.io)
Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected
The delays are impairing the miner's hashrate and bitcoin production.
Progress in bringing crypto mining equipment back online has been slower than expected. (hut8.io)
Ark Invest CEO Cathie Wood. (Danny Nelson/CoinDesk)
Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends Stock Tumbling
The purchase took ARK Invest's total Coinbase holdings to 11.44 million shares.
Ark Invest CEO Cathie Wood. (Danny Nelson/CoinDesk)
The Helios facility in Dickens County, Texas. (Argo Blockchain)
Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide
The crypto mining company is in a stronger position now, interim CEO El-Bakly said.
The Helios facility in Dickens County, Texas. (Argo Blockchain)
The Bank of England is reportedly hiring 30 people to develop a national digital currency. (Camomile Shumba/CoinDesk)
Bank of England Targets 30-Strong Team for Digital Currency: Report
Among the positions available are digital pound security architect and digital pound solutions architect.
The Bank of England is reportedly hiring 30 people to develop a national digital currency. (Camomile Shumba/CoinDesk)
(Shutterstock)
Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit
Shares of rival crypto exchange Coinbase fell by nearly 10%.
(Shutterstock)
(Shutterstock)
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.
(Shutterstock)
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)
(Shutterstock)
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.
(Shutterstock)
(Shutterstock)
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.
(Shutterstock)