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.”
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…
Cryptocurrency research firm Messari has raised $4 million to help it bring more sunshine into the murky world of cryptocurrency issuers.
Crypto news site Cointelegraph now has two new editors. Veteran journalist Jay Cassano will be taking the helm of the publication as editor in chief, while Dylan Love will be head of news. Though still widely read in crypto, Cointelegraph had been officially rudderless since mid-September. That’s when executive editor Olivia Capozzalo and head of news Molly Jane Zuckerman simultaneously quit. As proof for those who believe crypto journalism is one giant revolving door, Zuckerman has been a contributor to Modern Consensus, a role her replacement at Cointelegraph used to hold for about nine months.