Sam Reynolds

Sam Reynolds is a senior reporter based in Asia. 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.

Sam Reynolds

Latest from Sam Reynolds


Finance

Crypto Exchange OKX Says It's Turning Over $157M in Frozen FTX and Alameda Assets

FTX bankruptcy lawyers say $694 million in liquid assets have been identified before OKX’s announcement.

FTX CEO John J. Ray III (C-Span)

Finance

The Liability of DAOs and Their Founders Has Been Put to the Test in Court

Decentralized autonomous organizations (DAO) are beginning to look like general partnerships in the eyes of U.S. courts.

Court (Tingey Injury Law Firm/ Unsplash)

Markets

First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?

Bitcoin is flat but ether is up, on potentially favorable comments by the CFTC before Congress.

Hong Kong skyline (anuchit kamsongmueang/Getty Images)

Finance

Disney Lays Off Metaverse Team: Report

Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.

(Tyler Nix/Unsplash)

Markets

First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard

Plus: Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?

Hong Kong (Unsplash)

Finance

First Citizens to Buy Much of Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits

The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which are potentially worth up to $500 million.

The FDIC completed a sale of most of Silicon Valley Bank's assets to First Citizens Bank. (George Rose/Getty Images)

Finance

First Citizens to Buy Silicon Valley Bank: Bloomberg

SVB, a bankrupt lender, was the bank for some big crypto firms, including Circle Internal Financial.

(Provided)

Markets

First Mover Asia: Bitcoin Is Ready for a Consolidation Phase

ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders' current caution, but at least one stakeholder is optimistic that the situation will change.

Decentralized derivatives platforms have a liquidity problem, Sam Reynolds writes. (Unsplash)

Markets

Pioneiro na Ásia: Bitcoin está pronto para uma fase de consolidação

TAMBÉM: Sam Reynolds escreve que as plataformas de derivativos descentralizadas estão tendo problemas de liquidez. A escassez pode resultar da atual cautela dos comerciantes de Cripto , mas pelo menos uma parte interessada está otimista de que a situação mudará.

Decentralized derivatives platforms have a liquidity problem, Sam Reynolds writes. (Unsplash)

Markets

First Mover Asia: Bitcoin è pronto per una fase di consolidamento

INOLTRE: Sam Reynolds scrive che le piattaforme di derivati ​​decentralizzati stanno avendo un problema di liquidità. La carenza potrebbe derivare dall’attuale cautela dei trader Cripto , ma almeno ONE delle parti interessate è ottimista sul fatto che la situazione cambierà.

Decentralized derivatives platforms have a liquidity problem, Sam Reynolds writes. (Unsplash)