The CoinDesk reporter behind its FTX coverage
Nick Baker of CoinDesk profiles Ian Allison, the CoinDesk journalist who uncovered the fraud at bitcoin exchange FTX. Baker writes, “Allison, a Scotsman by birth, might be the nicest and humblest person you’ll meet, too. Before I joined CoinDesk in 2022, a source told me he was a pro I’d enjoy working with. That was an understatement. […]
CoinDesk sold to company run by former NYSE president
A company run by former New York Stock Exchange president Tom Farley said on Monday that it has acquired crypto-focused media company CoinDesk, reports Vicky Ge Huang of The Wall Street Journal. Huang writes, “Bullish, the crypto exchange run by Farley, bought 100% of CoinDesk in an all-cash deal. Financial terms of the deal weren’t disclosed. Digital […]
Crypto news site The Block sells 80% stake
Crypto media company The Block sold a majority stake to Singaporean venture capital firm Foresight Ventures in a deal valuing the crypto outlet at $70 million, report Lucinda Shen and Sara Fischer of Axios. Shen and Fischer report, “Former CEO Mike McCaffrey — who held a majority stake in The Block — was ousted last year after it […]
Blockworks reporter Cirrone departs
James Cirrone, a reporter at Blockworks who covered the Sam Bankman-Fried trial, has left the cryptocurrency publication. He previously was an intern for Bloomberg News, where he helped write and copyedit the Sydney and Hong Kong editions of Daybreak, a morning brief for global financial professionals. Cirrone is a University of Maryland graduate. While there, […]
Crypto.news names Ross-Mychka editorial director/chief strategy officer
Catherine Ross-Mychka, editor-in-chief of cryptocurrency news site Crypto.news, has been named editorial director and chief strategy officer. Ross-Mychka is founder and executive editor of Business Mania, a publication about business, entrepreneurs and the rules of making money. She was a managing editor on the night news desk, business editor, video host and crypto managing editor […]
The Block hires Baydakova as senior policy reporter
Cryptocurrency news site The Block has hired Anna Baydakova as senior policy reporter and assistant editor. She previously was at CoinDesk, writing about blockchain projects and regulation with a special focus on Eastern Europe and Russia. She is especially excited about stories on privacy, cybercrime, sanctions policies and censorship resistance of decentralized technologies. She joined […]
Cointelegraph apologizes for false tweet
Cyrptocurrency news site Cointelegraph has apologized for a tweet falsely stating that the Securities and Exchange Commission had approved a Bitcoin exchange traded fund. A story on its website states, “Earlier today, during routine coverage, Cointelegraph’s social media team posted a message on X without prior editorial approval stating that the United States Securities and […]
The Block taps Copeland to be editor in chief
Cryptocurrency news site The Block has named Tim Copeland to be its editor in chief. He previously has been news editor and managing editor of the publication. Prior to joining The Block in 2021, he was instrumental in building one of the leading crypto media brands in the space, Decrypt, a ConsenSys subsidiary. The Block, which was […]
CoinDesk retracts two articles
Crypto industry news outlet CoinDesk has retracted two opinion articles criticizing the founder of the cryptocurrency TRON and the head of U.S. investigations at Chainalysis, which specializes in financial analysis and forensics of crypto, reports Gizmodo’s Mack DeGeurin. DeGeurin writes, “CoinDesk claims the articles were removed because they contained ‘personal attacks’ lodged against the two, […]
CoinDesk lays off 45% of editorial staff
Crypto media company CoinDesk has laid off 45% of its editorial staff, or 20 people, as its parent company Digital Currency Group plans to bring on strategic investors, reports Frank Chaparro of The Block. Chaparro reports, “The company, which was founded in 2013, announced the layoffs internally on Monday, according to a memo reviewed by The […]