The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO two years after its launch.
Media News

Media is an essential part of the cryptocurrency industry and its impact on cryptocurrency is hard to overestimate. Bitcoin, in its early stages, was only discussed and promoted on social media platforms. Bitcoin on social media helped to establish initial users and enthusiasts, increasing its coverage in simple conversations and expanding the audience. But the real drivers of Bitcoin’s popularity has been the mainstream media, which detected the growing price of Bitcoin and the development of the cryptocurrency market, thus drawing the attention of the masses to this newly appeared phenomenon. Today, there is a lot of cryptocurrency media that professionally covers all the important events, news and technologies inside the world of blockchain, attracting new audiences and helping various cryptocurrency users stay in touch with the progress of the cryptocurrency industry.
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CoinDesk was owned by the Digital Currency Group, which acquired the media company in 2016 for $500,000. Its new owner is headed by former New York Stock Exchange president Tom Farley.
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The Block bagged a $70 million valuation after it sold a majority stake to a Singapore-based venture capital firm, severing financial ties to scandal-ridden FTX.
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Crypto publication Bitcoin Magazine claims it has been threatened with legal action over “FedNow” T-shirts, hats and other items.
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AI developers are taking revenue, data and users away from news publications by building competing products, the News Media Alliance claims.
8053 - Opinion
The Wall Street Journal corrected its misreporting about crypto funding Hamas, but it was too late to stop lawmakers from amplifying false claims.
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Elliptic, the firm which The Wall Street Journal sourced the data from, said it was pleased to see the news outlet acknowledge its mistakes.
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Phishing scammers have been spreading fake news of a $37-million Uniswap exploit using a convincing fake Blockworks website.
6456 - Opinion
A bizarre tale about Carl ‘The Moon” Runefelt asking Cointelegraph to revise history on his behalf by concealing old claims that he co-founded a crypto app.
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Media companies have been trying to navigate the rapid emergence of AI, with many banning its usage internally and others choosing to embrace it.
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Estimates of staffers facing the axe range from 45% (20 people) to 16%. A companywide meeting is reportedly scheduled for Aug. 14.
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The media outlet claimed the public and press had a right to receive information on a “central participant in a financial scheme that defrauded investors of billions of dollars.”
4167 - NewsProposed gag order in SBF’s criminal case under review, citing attempt to ‘influence public opinion’
The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial.
2345 - CT Accelerator
ReadON aims to utilize blockchain technology to solve age-old Web2 content issues while giving back control to users.
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The rumors, which have set Crypto Twitter ablaze, are the latest example of AI disinformation at work.
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