CoinDesk: Upholding Journalistic Integrity Amidst Acquisition by Bullish Group

Cryptonews John Brightwater August 23, 2024

CoinDesk: Upholding Journalistic Integrity Amidst Acquisition by Bullish Group

CoinDesk, a renowned media outlet within the cryptocurrency sector, has recently announced important updates regarding its operational policies, including terms of use and cookie management, as well as adherence to guidelines related to personal information protection. Established as an award-winning source of news in the digital assets industry, CoinDesk takes pride in maintaining a rigorous set of editorial policies to uphold journalistic integrity.

In a significant development within the cryptocurrency landscape, CoinDesk was acquired by the Bullish Group in November 2023. The Bullish Group is distinguished as the owner of Bullish, a regulated exchange for digital assets. Furthermore, it is primarily owned by Block.one, which has substantial interests across various blockchain and digital asset enterprises, alongside considerable holdings in cryptocurrencies such as Bitcoin.

Despite this acquisition, CoinDesk continues to operate autonomously as an independent subsidiary. An editorial committee has been established to assure the preservation of journalistic independence and integrity. It is also noteworthy that CoinDesk employees, including its esteemed journalists, may have the opportunity to receive equity options in the Bullish Group as part of their compensation, thereby aligning their interests with the organization’s long-term success.

In conclusion, CoinDesk remains committed to its mission of delivering high-quality coverage of the cryptocurrency industry, ensuring transparency, and maintaining its editorial independence while navigating the evolving landscape of digital assets. As the company adapts to new ownership, it prioritizes the principles that have cemented its status as a leading source of news in the cryptocurrency realm.