
Troubled Crypto News Platform CoinDesk Sold For In Undisclosed All-Cash Deal To Crypto Exchange Bullish!
CoinDesk, the prominent U.S. crypto news platform, has been acquired by Bullish, a crypto exchange led by former New York Stock Exchange president Tom Farley. This acquisition comes as CoinDesk's parent company, Digital Currency Group (DCG), grapples with financial challenges arising from the collapse of FTX. CoinDesk carried out a mass termination in the summer and sought new owners willing to inject fresh funds.