Cardano Co-Founder Hoskinson Considering Acquiring CoinDesk

2023-1-21 14:21

Coinspeaker
Cardano Co-Founder Hoskinson Considering Acquiring CoinDesk

Cardano Co-founder Charles Hoskinson has said that he is mulling over acquiring CoinDesk, the media wing of the now-struggling Digital Currency Group. According to Hoskinson, the virtue of journalism needs to be rehabilitated on cryptocurrencies and blockchain. CoinDesk, on the other hand, is also contemplating the chances of a sale.

Hoskinson, in a Youtube live stream in the United States, said that his involvement with the media angle is intense. Cardano’s ADA cryptocurrency is one of the top ten assets, according to CoinMarketCap rankings, with a market capitalization of approximately $11.7 billion.

Hoskinson predicted that the purchase would cost him around two hundred million USD and that he will examine the financial details before taking concrete action. CoinDesk has also employed Lazard Ltd as a financial advisor to investigate options for a sale, according to the Wall Street Journal.

The Cardano founder went on to describe the biased treatment employed by the media in the past, arguing that a few particular shops would have a particular agenda to propagate. The crypto tycoon, who also leads the Cardano development firm Input Output, has proposed changing several news articles into NFTs, eventually making it possible for people to communicate with each other. He suggests that it would be extremely interesting to present and watch every individual story as a living entity.

Hoskinson also suggests offering financial incentives to customers while the blockchain community could be a decentralized way of making crypto media more accountable. Moreover, financial incentives like these will contain Cardano’s impact over independent reporting, which will pull readers to persistently confirm, examine and interact with the reporting.

Genesis Global Capital, which is the crypto brokerage wing of Digital Currency Group, filed for bankruptcy last Thursday in New York following the collapse of the FTX which left the firm buried under debt.

Hoskinson, apparently, heard from sources that Coindesk for seeking money or trying desperately to get acquired by some other firms. This news comes after Barry Silbert’s Digital Currency Group, which is also the main unit, sunk into crypto trouble. Genesis filed for bankruptcy after suspending all withdrawals for users in mid-November.

Coindesk was initially acquired by DCG for around $500,000 back in January 2016. The website was previously inaugurated in 2013 when the cryptocurrency space was rather in its nascent stage.

On the topic of Coindesk hiring Lazard to weigh in on moves that would dissociate it from Barry Silbert’s Digital Currency Group, CEO Kevin Worth said that the company has received several inbound proposals of interest in CoinDesk.

next

Cardano Co-Founder Hoskinson Considering Acquiring CoinDesk

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Cardano (ADA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.576
Капитализация $0 Rank 99999
Цена в час новости $ 0.361 (-100%)

hoskinson cardano coindesk co-founder acquiring considering examine

Источник: coinspeaker.com

hoskinson cardano → Результатов: 126


Cardano ждут обновления

Основатель Cardano Чарльз Хоскинсон рассказал о нескольких грядущих обновлениях сети, одно из которых состоится уже в этом году. Чарльз Хоскинсон (Charles Hoskinson) сообщил, что хардфорк Chang запланирован на второй квартал этого года.

2024-4-9 18:45


Cardano Founder Charles Hoskinson Ventures into the Unknown: Alien Hunting and UFO Exploration

Cardano Visionary Charles Hoskinson Explores the Unknown, Aids Harvard Astronomer Avi Loeb in the Search for Extraterrestrial Artifacts Renowned astronomer Avi Loeb, from Harvard University, has enlisted the expertise of Cardano founder Charles Hoskinson in a groundbreaking expedition to unravel the mysteries of unidentified flying objects (UFOs) and unearth strange celestial remnants.

2023-6-17 14:44


Чарльз Хоскинсон рад, что Cardano нет на Gemini

Основатель Cardano Чарльз Хоскинсон поделился мыслями об отсутствии торговых пар с монетой ADA на криптовалютной бирже Gemini. Чарльз Хоскинсон (Charles Hoskinson) опубликовал аудиозапись в Твиттере, в которой отметил, что на платформе Gemini торгуется более 110 монет, чья рыночная капитализация гораздо ниже в сравнении с криптовалютой Cardano, которой нет на бирже. Однако Хоскинсон не возражает против […]

2022-12-27 19:03


Cardano’s Vasil Upgrade Is Ready for Take-Off: ‘It’s Been Initiated’, Says Hoskinson

In a September 18 broadcast, Cardano founder Charles Hoskinson revealed that the Vasil hard fork implementation is now in its final stage after the hard fork combinator request was accepted. The post Cardano’s Vasil Upgrade Is Ready for Take-Off: ‘It’s Been Initiated’, Says Hoskinson appeared first on BeInCrypto.

2022-9-18 15:24


Фото:

Cardano Price Could Be $10 Or $1 And It Still Would Not Matter To Hoskinson

Cardano is perhaps one of the most consequential high-profile altcoins that also has the largest divide in terms of opinion from investors. Many have praised it for being cutting edge and providing something different, whereas others have demonized it to the point where you are more than likely to see taunts hurled at Hoskinson and […]

2021-4-8 11:31


Фото:

Charles Hoskinson Talks ERC-20 Converter to Redeploy Tokens from Ethereum to Cardano Testnet

In a recent video update, Charles Hoskinson, the face of smart-contracts platform Cardano (ADA) shared several key updates in addition to confirming that the July 29 hard fork date still stands. Hoskinson Discusses ERC-20 Converter Hoskinson took to YouTube to update the Cardano community about the latest developments in the ADA ecosystem.

2020-7-19 19:00


Cardano [ADA]: No one cries for decentralized solutions unless centralized ones fail, says Charles Hoskinson

Cardano [ADA] has been hailed by many in the world of digital assets as a solution to many problems related to research, remittances and other walks of life. In a recent interview with Analysis in Chain, Charles Hoskinson, the Chief Executive Officer of IOHK, spoke about the ideals of the company and the implantation plans […] The post Cardano [ADA]: No one cries for decentralized solutions unless centralized ones fail, says Charles Hoskinson appeared first on AMBCrypto.

2019-4-10 17:30


Cardano’s [ADA] Charles Hoskinson blasts Breakermag for ‘bait and switch’ journalistic tactics

The proponents in the world of cryptocurrencies are the focal points in informing users about the developments and updates of their respective coins and networks. There are also instances when the luminaries call out false notions and news about them, something that Charles Hoskinson, the CEO of IOHK did recently.

2019-4-10 14:30


Cardano’s Charles Hoskinson says the cryptoverse is looking for a WiFi or a Bluetooth moment

Cardano [ADA] Founder, Charles Hoskinson recently said that the cryptocurrency industry was looking for WiFi or a Bluetooth moment. Drawing parallels between cryptocurrency and its underlying technology’s revolution to existing technologies like WiFi and Bluetooth, Hoskinson said that the industry is not on the same level yet.

2019-3-30 08:35


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday.

Next Bitcoin Crash? Insight On Genesis’ $1.5 Billion GBTC Sale

The crypto community has been abuzz with discussions surrounding Genesis’ intent to sell approximately 36 million shares of Grayscale Bitcoin Trust (GBTC), a move valued around $1.5 billion. This announcement stoked fears of a potential market downturn, reminiscent of the apprehensions following the FTX bankruptcy estate’s sale of over $1 billion worth of GBTC. However, a […]