Yuri Molchan CZ dispelled rumors spread by some crypto media about Binance planning to acquire CoinDesk giant In a recent tweet, CEO and co-founder of major crypto exchange Binance, Changpeng Zhao, wi...
Tag: CoinDesk
Binance is not purchasing CoinDesk, CEO says
Binance’s CEO Changpeng Zhao claims the company will not buy crypto media CoinDesk through CoinMarketCap. He said the purchase would not go forward due to various factors, regardless of a $75 million ...
Binance Sets CoinDesk Acquisition Bid Aside; ‘Not a Fit,’ Says CZ
Binance Capital Management would no longer buy CoinDesk. Binance CEO said CoinDesk was ‘not a fit’ in its geographic coverage. CoinDesk CEO said the sale was an ongoing process with no timeline. On Tu...
Binance CEO denies interest in CoinDesk
Ad Binance CEO Changpeng ‘CZ’ Zhao has denied interest in purchasing the crypto media outlet, CoinDesk. In a March 14 tweet, Zhao denied Blockwork’s report that his exchange was trying to acquire the ...
Some banks are still willing to play ball with crypto: CoinDesk
The high-profile failures of Silicon Valley Bank, Silvergate and Signature Bank have left something of a void for crypto firms needing banking partners — but certain banks remain open for business. &#...
CoinMarketCap Acquisition of CoinDesk ‘On Hold’
CoinDesk, a leading crypto news and events company and a core component of the Digital Currency Group (DCG) empire, has been an acquisition target for Binance Capital Management (BCM) in recent weeks,...
DCG reported loss of $1.1 billion in 2022, CoinDesk says
Digital Currency Group said it lost $1.1 billion last year amid falling crypto prices and the restructuring of its Genesis lending platform, CoinDesk reported. “In addition to the negati...
Cardano (ADA) Founder Provides Update on Coindesk Acquisition Talks
Alex Dovbnya During his recent ask-me-anything (AMA), Hoskinson spoke about the potential acquisition of Coindesk, the largest cryptocurrency news website Cardano founder, Charles Hoskinson, has given...
Paxos facing probe by New York regulator: CoinDesk
Stablecoin issuer Paxos is being investigated by the New York Department of Financial Services, according to a CoinDesk report. The news comes after rumors that Paxos was asked to withdraw an ap...
DCG and Genesis branches agree on a restructuring plan: CoinDesk
Digital Currency Group and Genesis subsidiaries have reached an initial agreement on a restructuring plan with a group of the firm’s main creditors, according to CoinDesk. This comes after Gene...
Pantera exec Joey Krug leaves crypto investment firm: CoinDesk
Pantera Capital co-Chief Investment Officer Joey Krug has left the venture capital and investment firm, CoinDesk reported, citing a letter sent out to partners on Friday. Krug joined Pantera Ca...
Hoskinson Indirectly Calls CoinDesk Staff “High School” Kids, Dogecoin Co-Founder Reacts
Cardano founder slams CoinDesk staff. Prominent cryptocurrency entrepreneur Charles Hoskinson has reacted to a trending video of CoinDesk staff making jest of Cardano following its recent network outa...
Hoskinson reacts to push back against CoinDesk acquisition
Cardano founder Charles Hoskinson responded to criticism over his proposed acquisition of CoinDesk by saying “[this] epitomizes the fundamental problem of journalism.” Specifically, he was referring t...
Charles Hoskinson reacts to CoinDesk purchase backlash exposing media’s ‘dirty secret’
After Cardano (ADA) founder Charles Hoskinson confirmed rumors that he was considering purchasing cryptocurrency and blockchain-focused news portal CoinDesk, his interest was met with some rather hars...
Charles Hoskinson would be the worst thing to happen to CoinDesk
Cardano founder Charles Hoskinson recently went live on Twitter to discuss the bankruptcy of crypto exchange Genesis and how parent company Digital Currency Group may sell its media arm, CoinDesk. His...
Cardano to Buy Coindesk?
Charles Hoskinson, the co-founder of the Cardano blockchain, has expressed interest in buying crypto news service CoinDesk. CoinDesk recently announced that it had engaged Lazard as a financial advise...
Hoskinson on Cardano’s Future : Addressing CoinDesk Selling Rumors
The executive thinks the $200 million asking price is a bit high. In 2016 DCG paid about $500,000 to purchase the media company The owner of the company that created Cardano blockchain, Charles Hoskin...
CoinDesk Sees A Potential Buyer From Cardano Founder
Charles Hoskinson, co-founder of the blockchain network Cardano, is interested in purchasing CoinDesk, DCG’s media arm, despite the company’s current difficulties. According to Yahoo! Finance, Hoskins...
Genesis files for bankruptcy; Cardano creator wants CoinDesk
The biggest news in the cryptoverse for Jan. 20 saw Genesis Global Capital file for bankruptcy. Elsewhere, Cardano creator Charles Hoskinson confirmed that he is interested in acquiring CoinDesk. ByBi...
Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy – Bitcoin News
According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, ann...
Binance-backed Chinese news outlet Marsbit has sights on CoinDesk
Wang Feng, founder of Chinese crypto news outlet Marsbit, said Marsbit is willing to work with other companies to buy crypto news outlet CoinDesk. “I believe in the future of the crypto industry...
Coindesk May Be Sold as Parent Company DCG Struggles
According to recent reports, the cryptocurrency news website CoinDesk is mulling over the possibility of being sold as its parent company, Digital Currency Group (DCG), wants to improve its financial ...
DCG Owned Media House CoinDesk Reportedly Eyeing Potential Sale
6 hours ago | 2 mins read Bitcoin News The media house has retained the services of the Lazard Group as financial consultants. Digital Currency Group (DCG) has been afflicted by the FTX collapse’s con...
Crypto Media House CoinDesk Taps Bankers to Explore Potential Sale
CoinDesk’s CEO to explore ways to attract growth capital for the company. CoinDesk has received several inbound indications of interest in the firm. Last year, CoinDesk had revenue of $50 million. Acc...
DCG Woes Deepen With Potential Sale of CoinDesk
Things are going from bad to worse for Digital Currency Group (DCG). According to reports, it may be forced to sell its crypto publication CoinDesk. On Jan. 18, CNBC reported that CoinDesk had engaged...
DCG’s CoinDesk receives buyout interest; exploring partial or full sale
Cryptocurrency news company Coindesk is seeking a buyer through investment bankers, The Wall Street Journal reported Jan. 18. Coindesk CEO Kevin Worth told the Journal that his company has “received n...
CoinDesk engages Lazard to explore sale as DCG crisis grows
Barry Silbert, Founder and CEO, Digital Currency Group Anjali Sundaram | CNBC Crypto trade publication CoinDesk is exploring a potential sale, hiring advisors at Lazard to weigh a move that would rem...
CoinDesk explores full or partial sale to attract growth capital, CEO says
Crypto media outlet CoinDesk may pursue a full or partial sale to fuel future growth, CoinDesk confirmed to The Block. CoinDesk is seeking advisory services from Lazard, a firm specializing in m...
Coindesk Misreport Dips Bitcoin – Trustnodes
Coindesk irresponsibly sent bitcoin’s price diving by publishing an incomprehensible article that stated the Department of Justice was to make a major announcement in about one hour. Without providing...
Crypto giant Digital Currency Group halts dividend payments: Coindesk
Crypto giant Digital Currency Group (DCG) has suspended its quarterly dividends, according to a shareholder letter seen by Coindesk. “In response to the current market environment, DCG has...
Cardano’s Charles Hoskinson Comments on the CoinDesk Selling Rumors
Charles Hoskinson, CEO of Input Output Global, the firm behind the Cardano blockchain, is interested in purchasing the crypto news website CoinDesk. The latter is exploring a potential sale as its sis...