CDS CDS Wiki Everything About CoinDesk News Platform – 2023
CDS Wiki

Everything About CoinDesk News Platform – 2023

This article provides information about the CoinDesk news platform.

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Everything About Coindesk News Platform - 2023

Every year, the popularity of cryptocurrencies grows. The need for cryptocurrency news platforms is also growing. In terms of blockchain news, the CoinDesk news platform is one of the best. The most recent information, current rates, convenience features, and analysis of the trends, developments, and businesses in the world of digital currencies are all provided by this platform.

Everything About CoinDesk News Platform – 2023

CoinDesk has news on Bitcoin and other virtual currencies. For those who are not familiar with digital currencies, CoinDesk also provides guides on Bitcoin. The website was started by Shakil Khan, and Digital Currency Group later acquired it.

History of CoinDesk

Shakil Khan, a businessperson, launched CoinDesk, which debuted in May 2013. Khan also has stock in the Bitcoin payment processor BitPay.

For an estimated US$500,000–$600,000 at the beginning of 2016, Digital Currency Group purchased CoinDesk. Lawnmower, a blockchain data and research platform, was purchased by the business the next year, in 2017. The business bought TradeBlock, a cryptocurrency data analytics startup, in 2021. To provide blockchain news service in South Korea, CoinDesk founded CoinDesk Korea in December 2017 in partnership with 22nd Century Media Co., a subsidiary of Hankyoreh Co., Ltd.

CoinDesk’s Impact on FTX’s Collapse

Alameda Research, a partner company of FTX, reportedly held a sizable chunk of its assets in FTX’s native token FTT as of November 2022, according to a CoinDesk report. As a result of the news, FTX experienced a bank run and a liquidity crisis, which culminated in FTX applying for bankruptcy protection.

What is Consensus?

CoinDesk hosts a yearly crypto event called Consensus. It first began in 2015. From 2017 to 2019, the event was mostly held in New York City; thereafter, it moved to Austin, Texas, starting in 2022.

State of Bitcoin Report

The first ‘State of Bitcoin’ report from CoinDesk was published in February 2014. In addition to outlining the most significant advancements over the last year, the report’s objective is to provide an overview of key cryptocurrency trends, challenges, and possibilities. In a Q2 2014 follow-up study, it was noted that venture capital investment in bitcoin companies had increased by 28 percent over the previous quarter and that money was flooding into European Bitcoin enterprises.

Is CoinDesk Safe?

The US government regulates CoinDesk.com, and it appears to be a trustworthy website. Additionally, this media organization adheres to a rigid set of editorial norms and works to uphold the greatest journalistic standards. As a result, your sensitive information is not sold or otherwise disclosed by CoinDesk.

Team

With the goal of educating people around the world about how money is changing in the new digital era, the team of subject matter experts at CoinDesk provides trustworthy and pertinent content to both individuals and businesses.

About CoinDesk

Based in New York City, the CoinDesk news platform is one of the most influential, trusted platforms that provides millions of crypto traders and blockchainers with insights, podcasts, research reports, and news.

Every year, CoinDesk conducts a variety of industry conferences and webinars, including the Consensus Summit, the biggest and most significant gathering of stakeholders in the world of cryptocurrencies and blockchain technology, which takes place in May.

Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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