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

Finance

Binance

CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn't Exhibiting ‘FTX-Like’ Behavior

The analytics firm found the exchange is almost entirely collateralized and diversified away from its proprietary token.

By Sam Reynolds

Dec 15, 2022 at 12:53 p.m. UTC

Dec 15, 2022

BinanceProof-of-ReservesAudits

Markets

Ark invest

Cathie Wood's ARK Continues to Buy Coinbase's Dip, Adding $3.2 Million of COIN to Portfolio

The latest purchase means ARK's Innovation ETF holds 5.8 million COIN shares.

By Sam Reynolds

Dec 15, 2022 at 3:48 a.m. UTC

Dec 15, 2022

ARK InvestArk InvestmentCathie woodCOINCoinbaseBitcoin

Markets

Sam bankman-fried

Ether, Bitcoin Post Gains as Crypto Market Cheers Sam Bankman-Fried's Arrest, Inflation Data

With the former FTX CEO's arrest, the crypto market has now shifted its focus to improving macroeconomic conditions, analysts said.

By Sam Reynolds

Dec 14, 2022 at 9:19 a.m. UTC

Dec 14, 2022

Sam Bankman-FriedBitcoinEtherInflationMarkets

Busan is South Korea's second-largest city after Seoul. (Getty Images)

Markets

First mover

First Mover Asia: Busan as Blockchain Hub? The Korean City Is Traveling the Wrong Path; No Bail for Bankman-Fried

Busan wants to integrate blockchain technology into all facets of government service and create the first city-run crypto exchange; bitcoin embraces encouraging CPI to rise ov...

By Sam Reynolds James Rubin

Dec 14, 2022 at 12:01 a.m. UTC

Dec 14, 2022

First MoverAsia PacificBitcoinEtherAltcoins

Markets

Nansen

Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance

Justin Sun deposits $100 million into Binance as outflow hits $1.8 billion, while BNB drops 8% and value departs BSC-based DeFi protocols

By Sam Reynolds

Dec 13, 2022 at 8:32 a.m. UTC

Dec 13, 2022

NansenBinanceCoinbasePaxosHuobiJustin Sun

QCP Capital co-founder Darius Sit speaking at Korea Blockchain Week. (Shaurya Malwa/CoinDesk)

Markets

First mover

First Mover Asia: QCP Capital Founder Sees Crypto Industry’s Immediate Future Tied to Genesis Debacle, Expects Rebound in 2024

During a panel discussion at Taipei Blockchain Week, Darius Sit noted continued institutional adoption of the crypto options and derivatives market, among industry high points...

By James Rubin Sam Reynolds

Dec 12, 2022 at 11:58 p.m. UTC

Dec 12, 2022

First MoverAsia PacificBitcoinEtherAltcoinsFTXSam Bankman-Fried

Finance

Usdt

Crypto Exchange Coinbase Asks Users to Switch USDT for USDC

Coinbase highlights questions about Tether reserves in campaign to get users over to USDC

By Sam Reynolds

Dec 9, 2022 at 5:13 a.m. UTC

Dec 9, 2022

USDTUSDCCoinbaseTether

Matthew Graham, CEO of venture capital firm Sino Global Capital (CoinDesk TV)

Markets

First mover

First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings

Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in...

By Sam Reynolds James Rubin

Dec 7, 2022 at 11:57 p.m. UTC

Dec 7, 2022

First MoverAsia PacificBitcoinEtherAltcoins

Bitcoin held its recent $17K perch. (Unsplash)

Markets

First mover

First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns

ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX deba...

By Sam Reynolds James Rubin

Dec 7, 2022 at 2:08 a.m. UTC

Dec 7, 2022

First MoverAsia PacificBitcoinEtherAltcoins

Bitcoin continued to ride easily over $17K. (Marianna Lutkova/Unsplash)

Markets

First mover

First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K

ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public in the U.S. as part of a quest to help cultivate...

By Sam Reynolds James Rubin

Dec 6, 2022 at 3:54 a.m. UTC

Dec 6, 2022

First MoverAsia PacificBitcoinEtherAltcoins