• It's not friendly competition between The Block's Mike Dudas (left) and Cointelegraph's Jay Cassano (via The Block and Cointelegraph).
    Media

    Exclusive: Inside the fight The Block’s Mike Dudas picked with Cointelegraph

    Allegations of “pay-to-play” cryptocurrency journalism downgraded to ad sales shenanigans.

    The feud-prone founder of cryptocurrency media site The Block has backed down from allegations that one of the largest news portals in the industry is guilty of “pay-to-play” journalism. In a Dec. 4 Twitter post, Mike Dudas called a newly announced partnership between Cointelegraph and a client “shady as hell.”

  • Did an inaccurate story claiming Chinese police raided Binance's Shanghai offices really knock $1,000 off the price of bitcoin? (Mussi Katz, via Flickr)
    Media

    EXCLUSIVE: The Block and Binance were working on a deal. Then a fight broke out.

    A lucrative partnership was lost after a cryptocurrency billionaire called a reporting error malice and demanded that journalists act as cheerleaders

    The Block and Binance were working on a potentially lucrative strategic partnership for more than a month, a source with knowledge of the negotiations told Modern Consensus. Then, on Nov. 21, the crypto news and research site published a story claiming that a police raid forced Binance out of its Shanghai offices. Not only was that wrong—at least about the police raid part—it enraged  cryptocurrency exchange Binance’s billionaire CEO, Changpeng “CZ” Zhao. He promptly jumped on Twitter, telling his 450,000 followers that The Block’s story was a lie. There was no raid, he said, and Binance hasn’t had a Shanghai office for two years. During the four-day Twitter fight that…