Crypto site Blockworks has raised $12 million

Blockworks, a media company that covers cryptocurrency, has raised $12 million at a $135 million post-money valuation, reports Sara Fischer of Axios. Fischer reports, “The raise represents a bright spot for crypto media following a brutal year for the industry. The fall of FTX founder Sam Bankman-Fried and his crypto empire sent shockwaves through the crypto media sector last year. […]

Decrypt promotes Elliott to markets editor

Decrypt has tapped Stacy Elliott to serve as a markets editor and she is also the main host on the “GM from Decrypt” podcast. She joined in November 2021 as a senior writer. Previously, Elliott covered the intersection of institutional investing and crypto for Crypto Investor and TheStreet. She worked as a data editor at […]

Crypto news site The Block lays off staff

The Block, a crypto media company that got caught up in a funding scandal related to disgraced FTX founder Sam Bankman-Fried, has laid off roughly one-third of its staff, reports Sara Fischer of Axios. Fischer reports, “The company announced Friday in a note to staff that it has appointed its longtime head of research, Larry Cermak, to the […]

Crypto.news appoints Ross-Mychka editor in chief

Cryptocurrency news site crypto.news has hired Catherine Ross-Mychka as editor in chief, based in Dubai. She is founder and executive editor of Business Mania, a publication about business, entrepreneurs and the rules of making money. Ross-Mychka worked as a managing editor on the night news desk, business editor, video host and crypto managing editor at […]

What’s forced CoinDesk to cover its parent company

Isabella Simonetti of The New York Times writes about CoinDesk’s coverage of FTX and founder Sam Bankman-Fried and what that means for CoinDesk’s parent. Simonetti writes, “But now, the complications for CoinDesk are even greater. One of the businesses owned by its parent company, Digital Currency Group, a venture capital firm with stakes in numerous crypto […]

Why the media fell for Bankman-Fried

Reed Albergotti of Semafor writes about FTX co-founder Sam Bankman-Fried and why he received positive news coverage compared to rival Coinbase CEO Brian Armstrong. Albergotti writes, “But reporters appeared to be enamored with Bankman-Fried. “He was a public relations natural. He picked up the phone when reporters called. He leaked stories. He constantly talked about his […]

Editorial director Edwards departs crypto news service

Jim Edwards, editorial director for DLNews, a new cryptocurrency news service, has left the news organization. He previously was the founding editor of Business Insider UK. Edwards joined Business Insider in November 2011 as a senior editor in New York. He moved to London in June 2014 to launch the UK edition. In September 2017, he become editor in […]

WSJ seeks a markets reporter to cover crypto

The Wall Street Journal is looking for a markets reporter with advanced crypto skills able to explain, explore and investigate the world of digital assets. You will write widely on crypto and will focus on institutions such as exchanges, stablecoin issuers and trading firms. You may write on other markets topics as the news demands. […]

The future of crypto coverage

Cas Piancey of Protos writes about the future of cryptocurrency news coverage, given the recent revelation that The Block had been funded by money from FTX founder Sam Brinkman-Fried. Piancy writes, “I hope that crypto media won’t go through a life-threatening credit squeeze. I hope that through the brilliant reporting from individuals from every outlet, the importance […]

Fortune’s Quiroz-Gutierrez on covering the fintech beat

Fortune magazine staff writer Marco Quiroz-Gutierrez spoke with UNC-Chapel Hill journalism professor Andy Bechtel on covering the financial technology beat. Here is an excerpt: Q. Describe your job at Fortune. What is your typical day like? A. I am on the crypto team at Fortune, and my beat mainly focuses on NFTs and the metaverse, which has been really […]