• Latest
  • Trending
Cardano (ADA) Founder Defends CoinDesk Acquisition Plans Amid Criticism

Cardano (ADA) Founder Defends CoinDesk Acquisition Plans Amid Criticism

January 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

US SEC Alerts Investors On Crypto Asset Securities – Dogecoin & … – NewsWatch

March 26, 2023
DOGECOIN AND SHIBA INU TO THE MOOOON!!!!!! #dogecoin #shibainucoin

DOGECOIN AND SHIBA INU TO THE MOOOON!!!!!! #dogecoin #shibainucoin

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Will RenQ Finance be as Big as Cardano (ADA) and Ethereum (ETH)? – Analytics Insight

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Altcoin Season On Horizon: How Bitcoin and Ethereum Are Poised to Perform – Coinpedia Fintech News

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

How Blockchain gaming expanding into Metaverse: 8 key features explained – OTV News

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

dAppstore (DAPPX) Rises 30.19%, Outperforms the Crypto Market Saturday – InvestorsObserver

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

ZKSYNC launches Alpha Mainnet ‘Era’ in Hope of possible Airdrop … – Tekedia

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Ethereum holders might be elated to know this about exchange balance – AMBCrypto News

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Under-the-Radar Web3 Altcoin Erupts 140% This Week Amid $40,000,000 Fundraising Round – The Daily Hodl

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Litecoin Price Prediction as LTC Rallies 38% From Recent Bottom – Can LTC Reach $100 in 2023? – Cryptonews

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Will TMS Network outshine among Cardano & Uniswap? – CryptoNewsZ

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Cubs Spring Training Notebook: Ripple effects of rotation decisions … – Marquee Sports Network

March 26, 2023
Sunday, March 26, 2023
EGROW ONLINE
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • ADA
  • Litecoin
  • Dogecoin
  • ICO
  • Ripple
  • Market & Analysis
  • Videos
No Result
View All Result
EGROW ONLINE
No Result
View All Result

Cardano (ADA) Founder Defends CoinDesk Acquisition Plans Amid Criticism

by admin
January 26, 2023
in ADA
0



article image

Alex Dovbnya

The Cardano founder has slammed a publication for criticising his plan to acquire Coindesk

YOU MAY ALSO LIKE

Will TMS Network outshine among Cardano & Uniswap? – CryptoNewsZ

Why is RenQ Finance (RENQ) being called Cardano (ADA) Killer? Will it surge 50x in 2023? – mid-day.com

Cardano founder Charles Hoskinson recently took to Twitter to lambast media outlet Protos for criticizing his plan to acquire cryptocurrency news site CoinDesk. 

As reported by U.Today, Hoskinson, the chief executive officer of Input Output, recently floated the idea of acquiring CoinDesk. 

With Digital Currency Group, CoinDek’s parent company, being caught in a major crisis, the media company is now reportedly looking for a new buyer. As reported by U.Today, some investment bankers are reportedly willing to shell out as much as $200 million.        

Hoskinson, who has long been interested in media and journalism, expressed a desire to acquire CoinDesk in order to “figure out how to get back to journalistic integrity.” He also wanted to explore the concept of “veracity bonds,” which he believes would make it easier to hold journalists accountable for publishing inaccurate information.

However, the idea of “veracity bonds” has caused concern among journalists and industry experts who view it as a potentially dangerous and detrimental approach to the practice of journalism. 

Furthermore, he suggested turning articles into non-fungible tokens (NFTs), an idea that might have little practical utility. 

The question remains, can Hoskinson afford CoinDesk? The outlet says that Hoskinson’s personal net worth is estimated to be around $500-600 million, which means that he would struggle to acquire Coindesk.  

Despite this, some industry insiders speculate that Hoskinson may seek the help of outside investors, similar to how Elon Musk sought the help of Larry Ellison, the Saudi royals, and Binance chief Changpeng Zhao (CZ) to acquire Twitter.

However, many within the journalism and crypto communities believe that CoinDesk shouldn’t be acquired by such a controversial individual since he might not be actually committed to upholding the outlet’s journalistic integrity. In the end, the future of CoinDesk and the role it will play in the crypto industry remains to be seen. 



Source link

Tags: acquisitionAdaCardanoCoinDeskcriticismDefendsfounderPlans
ShareTweetPin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

US SEC Alerts Investors On Crypto Asset Securities – Dogecoin & … – NewsWatch

March 26, 2023
DOGECOIN AND SHIBA INU TO THE MOOOON!!!!!! #dogecoin #shibainucoin

DOGECOIN AND SHIBA INU TO THE MOOOON!!!!!! #dogecoin #shibainucoin

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Will RenQ Finance be as Big as Cardano (ADA) and Ethereum (ETH)? – Analytics Insight

March 26, 2023

Recent News

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

US SEC Alerts Investors On Crypto Asset Securities – Dogecoin & … – NewsWatch

March 26, 2023
DOGECOIN AND SHIBA INU TO THE MOOOON!!!!!! #dogecoin #shibainucoin

DOGECOIN AND SHIBA INU TO THE MOOOON!!!!!! #dogecoin #shibainucoin

March 26, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Will RenQ Finance be as Big as Cardano (ADA) and Ethereum (ETH)? – Analytics Insight

March 26, 2023

Categories

  • ADA
  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Ripple
  • Videos

Follow Us

Find Via Tags

Ada Altcoin altcoins analysis Analyst Big Bitcoin Blockchain BNB BTC Buy Cardano Coin Cointelegraph Crypto cryptocurrencies Cryptocurrency DOGE Dogecoin ETH Ethereum Exchange eyes finance Heres Inu investors latest Litecoin LTC Magazine market news NFT Prediction price rally Ripple Shiba Solana Today Token Top week XRP
  • privacy And Policy
  • About Us

© 2020 Egrow Online

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • ADA
  • Litecoin
  • Dogecoin
  • ICO
  • Ripple
  • Market & Analysis
  • Videos

© 2020 Egrow Online