Crypto Exchange Bullish Buys News Website CoinDesk
Cryptocurrency exchange Bullish said on Monday it has acquired crypto news website CoinDesk from Barry Silbert’s Digital Currency Group (DCG). Bullish purchases CoinDesk with plans to spend heavily in the company’s international growth and names the former Wall Street Journal chief editor as chair of the editorial committee. Digital Currency Group has sold CoinDesk to […]
Here is Why Tether (USDT) Depeg FUD May Just Be Beginning
Tether (USDT), depreciated today after the New York Association of Governments (NYAG) released one of its quarterly financial records. Today, the digital currency ecosystem is agitated due to the depegging of the largest stablecoin in the industry, Tether (USDT). The de-pegging, which has caused the stablecoin to plummet to $0.9991 at the time of writing, […]
CoinDesk reportedly considers sale option
Coindesk media and publishing business is apparently considering a possible sale, as its parent firm Digital Currency Group (DCG) seeks to bolster its financial sheet. DCG has also reportedly received offers for CoinDesk in recent weeks. The Wall Street Journal reports that CoinDesk has enlisted the assistance of investment bankers from the financial consultancy company […]