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


Markets

LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt

Transactions conducted during the blockchain halt are not considered to be final because they can’t be settled.

(Wikimedia Commons)

Markets

LUNA e UST sono ancora disponibili su FTX e altri scambi nonostante l'interruzione della Blockchain Terra

Le transazioni condotte durante la sospensione della blockchain non sono considerate definitive perché T possono essere regolate.

(Wikimedia Commons)

Markets

First Mover Asia: Terra’s Planetary Collapse Is Taking Down Crypto Lending, Altcoins Plummet

Data suggests that many traders are moving their assets from DeFi platforms; bitcoin rallies after falling below $26,000 in Thursday trading.

DeFi risk concept crocodile (Getty)

Finance

First Mover Americas: BTC Drops to 2020 Levels of $25K; Tether Loses $1 Peg

The latest moves in crypto markets in context for May 12, 2022.

(Neleman Initiative, LLC/Getty images)

Markets

Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution

Terra believes decreasing the amount of UST in circulation while increasing the amount of available LUNA is the easiest way to return the UST to its dollar peg.

(U.S. Bureau of Land Management/Flickr)

Markets

Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse

A conspiracy theory that began on 4chan and was amplified by Cardano founder Charles Hoskinson has been met with swift denials by all parties.

Terraform Labs CEO Do Kwon on CoinDesk TV in December.

Markets

Bitcoin Flirts With $30K During Asia Trading Day as Luna Foundation Guard Fights to Defend UST Peg

Glassnode analyst says change in exchange balance is due to LFG using bitcoin reserves to defend stablecoin peg.

Terraform Labs CEO Do Kwon on CoinDesk TV in December.

Markets

Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Language Is SEC Requirement, CEO Armstrong Says

The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.

Coinbase CEO Brian Armstrong (Coinbase)

Markets

First Mover Asia: Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K

Most signs have pointed downward, but predicting price trends in the days and weeks ahead is difficult; major cryptos have a mixed day.

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

Markets

Binance Restarts LUNA and UST Withdrawals After Brief Suspension

LUNA token was down 52% on the day, while UST recovered slightly to $0.90 at the time of writing.

CoinDesk placeholder image