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Coindesk Finally Sold, Becomes Crypto Billionaire's 'Best Investment'
Monday, November 20, 2023 - 11:50am | 412Bullish, a cryptocurrency exchange led by former NYSE President Tom Farley, announced the purchase of 100% of CoinDesk Monday from Digital Currency Group in an all-cash deal. What Happened: Post-acquisition, the crypto-focused media company will operate as an independent...
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Major Shake-Up At CoinDesk: 16% Workforce Reduction Ahead Of $125M Deal
Monday, August 14, 2023 - 2:33pm | 522Crypto media outlet Coindesk is reportedly cutting nearly half its editorial team, a move that comes as its parent organization, Digital Currency Group, eyes the inclusion of strategic investors. In an internal announcement, as revealed by a memo obtained by The Block, the company communicated...
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EXCLUSIVE: Tim Draper Bullish On CoinDesk's Anticipated $125M Sale, Calls It A 'Sweet Deal'
Thursday, July 27, 2023 - 3:21pm | 796Last week, the Wall Street Journal reported that a “syndicate of investors” was in the closing stages of a $125 million deal to purchase CoinDesk. Founded in 2013 and sold to DCG in 2016, CoinDesk has been an important voice in the crypto world as an online publication and for its...
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Crypto Media Outlet CoinDesk On The Verge Of Acquisition In A $125M Deal
Thursday, July 20, 2023 - 3:55pm | 299A consortium of investors are on the brink of finalizing an acquisition of CoinDesk, a media firm with a focus on cryptocurrency. The investor syndicate is spearheaded by Matthew Roszak from Tally Capital, a private equity firm with a keen interest in crypto and Web3 technologies, and Peter...
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Cardano's Charles Hoskinson Shows Interest In DCG's CoinDesk: 'I Could Afford It If I Really Wanted To'
Thursday, January 19, 2023 - 11:52pm | 388Charles Hoskinson, the co-founder of Cardano (CRYPTO: ADA), revealed his intention to explore the possibility of acquiring CoinDesk, a crypto news service. What Happened: This comes a day after CoinDesk was reportedly engaging financial advisory firm Lazard to explore options for a...
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Binance Could Back Out Of FTX Buyout, New Report Says; Bitcoin Breaks $17K Level
Wednesday, November 9, 2022 - 12:19pm | 523After less than a day of assessing the company, cryptocurrency exchange Binance is reportedly “very unlikely” to proceed with its proposed acquisition of struggling rival FTX. Due diligence was a condition of Binance's non-binding letter of intent for the acquisition, which...
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Instagram Hack Leads To Millions Of Dollars Worth Of Bored Ape Yacht Club NFTs Stolen
Wednesday, April 27, 2022 - 11:36am | 567The hack of a major social media platform led to the theft of several NFTs from one of the most well-known non-fungible token collections of all time. What Happened: Earlier this week, a hacker was able to take control of the Bored Ape Yacht Club official Instagram page from Yuga Labs. A fraudulent...
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Tether's Paolo Ardoino Raises Concern Over Rapidly Growing Competitor UST: 'It's Really Hard To Predict'
Tuesday, April 19, 2022 - 11:34am | 591Paolo Ardoino — the chief technology officer at Tether (CRYPTO: USDT), the firm behind the leading stablecoin — commented on the growth of TerraUSD (CRYPTO: UST) after the token became the third-largest stablecoin and overtook Binance USD (CRYPTO: BUSD), the stablecoin of the...
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Pudgy Penguins Founders Sell Control: How New Leadership Is Boosting The Floor Price
Monday, April 4, 2022 - 10:10am | 831A popular NFT collection from 2021 that saw coverage from the New York Times suffered from months of little action and development on the roadmap and items promised by the founder. A new leadership team has bought the rights and is powering forward. What Happened: Pudgy Penguins co-founders sold...
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Who Spends Ukraine's Bitcoin Donations — And What Are They Being Used For?
Thursday, March 3, 2022 - 4:18pm | 485Ukraine has seen a massive inflow of cryptocurrency donations from people around the world to support the country’s fight against an invasion by Russia. Here’s a look at who is in charge of the donations and how they could be spent. What Happened: The Defense Ministry of Ukraine is...
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DOGE Co-Creator Explains Key Differences Between Shiba Inu And Dogecoin
Thursday, December 23, 2021 - 12:57pm | 444Billy Markus, the co-creator of meme-based cryptocurrency Dogecoin (CRYPTO: DOGE), explained the main differences between it and rival Shiba Inu (CRYPTO: SHIB). What Happened: Markus was asked what he believed the biggest differences were between the cryptocurrencies. “I don’t...
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Exchange Tokens, PoS Coins Outperform Broader Crypto Market: Goldman Sachs
Thursday, August 12, 2021 - 3:56pm | 296Exchange tokens and proof-of-stake (PoS) coins are outperforming the overall movements of the cryptocurrency market as a whole, according to Goldman Sachs Group Inc. (NYSE: GS). What Happened: "Monitoring crypto’s market segments may help determine which network features...
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Quiznos Fast-Food Chain Partners With Bakkt To Accept Bitcoin For Sandwiches
Wednesday, August 4, 2021 - 1:48pm | 311Fast-food chain Quiznos partnered with Intercontinental Exchange Inc (NYSE: ICE)-owned cryptocurrency financial services platform Bakkt to start accepting Bitcoin (CRYPTO: BTC) for sandwiches at select Denver locations. What Happened: According to a Wednesday Coindesk ...
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Texas Regulators Issue Cease-And-Desist Order Against Crypto Lending Platform BlockFi
Friday, July 23, 2021 - 8:23pm | 468The Texas State Securities Board (TSSB) issued a cease-and-desist order against crypto trading and lending platform BlockFi alleging that BlockFi’s Interest Account (BIA) product is a security under state rules. What Happened: According to a report from CoinDesk, if the order takes effect...
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Grayscale Investments Launches A DeFi Tradable Fund Following 16,000 BTC Unlock
Monday, July 19, 2021 - 1:45pm | 396World's leading cryptocurrency asset manager Grayscale Investments (OTCMKTS: GBTC) partnered with major industry media outlet Coindesk to launch the Grayscale Decentralized Finance Fund (OTC: GDFF). What Happened: According to a Monday announcement, Grayscale...