$200 Million on the Table: Sale Of CoinDesk Picks Up Steam

United States News News

$200 Million on the Table: Sale Of CoinDesk Picks Up Steam
United States Latest News,United States Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

The crypto news website is owned by DCGco

The cryptocurrency news site was founded in 2013 by entrepreneur Shakil Khan. The media company was then acquired by Digital Currency Group for roughly $500,000 in January 2016.

Last year, the website was the first to shed light on the financial troubles that were brewing inside the FTX empire. Its reporting ultimately led to the bankruptcy of the world's second-largest cryptocurrency and fraud charges against disgraced founder Sam Bankman-Fried. Notably, the crypto crisis also affected DCG, the website's parent company. Crypto broker Genesis, a subsidiary of Digital Currency Group, recently filed for bankruptcy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Justin Bieber Sells Music Rights for More Than $200 MillionJustin Bieber Sells Music Rights for More Than $200 MillionThe sale—which includes more than 290 tracks Bieber released before Dec. 31, 2021—comes as Bieber has faced health issues, suffering from facial paralysis due to Ramsay Hunt Syndrome.
Read more »

Justin Bieber Sells Publishing and Recorded Catalog for Reported $200 MillionJustin Bieber Sells Publishing and Recorded Catalog for Reported $200 MillionJustin Bieber has sold his publishing and recorded music rights to Hipgnosis Songs Capital, marking yet another blockbuster music catalog acquisition.
Read more »

Getting Hosed: Homeowner's water bill jumps from $200 to $5,000 with no explanationGetting Hosed: Homeowner's water bill jumps from $200 to $5,000 with no explanationThe homeowner was just being an honest guy and alerted the Chicago Department of Water Management to his unusually low bill.
Read more »

Disney fans are selling alleged water from Splash Mountain for $200Disney fans are selling alleged water from Splash Mountain for $200Since its closing, Disney goers have taken to eBay to attempt to sell water they say is from the ride.
Read more »

Neiman Marcus has big 2023 plans: It’s spending on stores and going globalNeiman Marcus has big 2023 plans: It’s spending on stores and going globalThe Dallas-based luxury retailer plans to spend $200 million on stores and launch an international online business with its New York-based Bergdorf Goodman...
Read more »

Jennifer Aniston Swears By This Firming Facial Tool & We Found a Similar Version for Over $100 LessJennifer Aniston Swears By This Firming Facial Tool & We Found a Similar Version for Over $100 LessJennifer Aniston's favorite facial roller is nearly $200 on Sephora. But for glowing skin on a budget, we found the perfect lookalike!
Read more »



Render Time: 2025-02-22 02:46:21