New York, NY – CoinDesk, an award-winning media outlet focused on the cryptocurrency industry, recently announced updates to its privacy policy, terms of use, cookies, and do not sell my personal information guidelines. These changes come after the acquisition of CoinDesk by the Bullish group, a major player in the digital assets exchange market. Bullish is majority-owned by Block.one, with both companies having investments in various blockchain and digital asset ventures, including significant holdings of bitcoin.
CoinDesk operates as an independent subsidiary under the Bullish group, ensuring editorial integrity through an appointed editorial committee. In an effort to retain top talent, CoinDesk offers stock options in the Bullish group to eligible employees, including journalists, as part of their compensation package. The journalists adhere to a strict set of editorial policies to uphold journalistic standards and credibility within the cryptocurrency industry.
The acquisition of CoinDesk by the Bullish group signifies a strategic move to strengthen their presence in the digital assets market. With shared interests in blockchain technology and digital assets, the alignment of these two entities under one umbrella enhances their market position and capabilities. This partnership allows for synergies in research, development, and innovation within the cryptocurrency sector, further solidifying their commitment to driving growth and advancement in the industry.
As part of the acquisition deal, CoinDesk continues its operations as an independent entity, leveraging the resources and expertise of the Bullish group. This collaboration aims to combine the strengths of both organizations to deliver comprehensive and reliable news coverage, insights, and analysis to the cryptocurrency community. With the backing of the Bullish group and Block.one, CoinDesk is poised to elevate its journalistic endeavors and expand its reach in the digital assets sphere.