CoinMarketCap acquisition of CoinDesk now on hold

CoinMarketCap’s acquisition of cryptocurrency news site CoinDesk is on hold, reports Jon Rice of Blockworks. Binance Capital Management is the majority owner of CoinMarketCap Rice reports, “One source told Blockworks last month that initial talks between CoinDesk and Binance broke down, as the exchange anticipated a mass exodus of journalists from the news company if it became […]

CoinDesk promotes De to managing editor, global policy and regulation

Nikhilesh De, a news reporter at CoinDesk, has been appointed managing editor of global policy and regulation. Previously, De contributed to online business and finance journal Dentists Money Digest. He contributed to, was a staff writer, correspondent and news editor at Targum Publishing Co. De has a bachelor’s degree in journalism and media studies from […]

CoinDesk wins Polk Award for Bankman-Fried coverage

The George Polk Award for financial reporting has been awarded to Ian Allison and Tracy Wang of the digital currency news source CoinDesk for stories that brought young Sam Bankman-Fried and his supposed $32 billion crypto currency empire crashing down in just 10 days. Allison exposed suspicious dealings between two entities Bankman-Fried controlled and Wang […]

CoinDesk names Keoun its ME of tech and protocols

Cryptocurrency news site CoinDesk has named Brad Keoun its managing editor for tech and protocols. He had been managing editor for markets, which will now be overseen by James Rubin and Omkar Godbole. Keoun has been with CoinDesk for three and a half years. He previously was senior global finance and economics correspondent at A longtime […]

CoinDesk hires investment banker to explore options

CoinDesk Inc., a cryptocurrency-focused media company, has retained investment bankers at Lazard Ltd. to help it explore options including a partial or full sale, reports Wall Street Journal reporters Lauren Thomas and Vicky Ge Huang. Thomas and Huang report, “CoinDesk’s parent company, Digital Currency Group Inc., or DCG,   has received multiple unsolicited offers north of $200 million […]

CoinDesk news reporter Tan departs

Eli Tan, a news reporter at CoinDesk, has left. His tweet reads: “I’ll be spending the next few months trying to finish grad school before a new venture.” Previously, Tan was a content strategy intern at content marketing studio and consultancy Fulwiler Media. He also interned at Hangar and was a sports editor at The […]

How CoinDesk’s reporting led to the downfall of FTX

Kevin Dugan of New York Magazine writes about CoinDesk led the charge in taking down FTX leader Sam Bankman-Fried. Dugan writes, “On November 2, reporter Ian Allison broke the news that SBF’s formidable hedge fund, Alameda Research, was secretly propping up the crypto exchange FTX, the wellspring of his wealth and influence. “‘This story took about a month […]

How CoinDesk’s FTX coverage has affected its owner

Elizabeth Lopatto of The Verge writes about how CoinDesk’s coverage — and breaking the news — of the FTX scandal has affected its owner. Lopatto writes, “CoinDesk is riding high right now — its page views nearly doubled from October to November. Its FTX coverage drove 5.4 million page views, or almost a third of its 17 million […]

News site CoinDesk attracts takeover offers

CoinDesk, the online news site whose story on cracks in Sam Bankman-Fried’s crypto empire sparked an industry-wide meltdown, has attracted takeover interest, reports Bradley Saacks and Liz Hoffman of Semafor. Saacks and Hoffman report, “CoinDesk does not need to be sold for any reason related to its business. “The troubles at Genesis may force Silbert to choose between his […]

CoinDesk’s Hochstein becoming executive editor for its crypto festival

Coin Desk executive editor Marc Hochstein is becoming executive editor of Consensus2023, its cryptocurrency festival scheduled for April 2023 in Austin, Texas. He has been managing editor and then executive editor since joining CoinDesk in September 2017. He previously was executive editor and editor in chief of American Banker. At American Banker, Hochstein was responsible for some of […]