Chinese crypto news site shutters

ChainNews, one of China’s top crypto news sites, shuttered its operations today, reports Eliza Gkritsi of CoinDesk.

Gkritsi reports, “Earlier Friday the co-founder announced the closure in his personal WeChat moments, according to a screenshot obtained by CoinDesk.

“On Nov. 15, ChainNews said its website would be down for maintenance for a few hours, but that the team would continue posting news on its Telegram channel and Twitter account. The news site has gone silent in both platforms since Nov. 25.

“The closure follows China’s Sept. 24 statement that it would step up censorship of crypto news sites along with its escalated crackdown on trading and mining.”

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Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.