Summary
TLDR: CoinDesk is a media outlet covering the cryptocurrency industry. It was acquired by the Bullish group in November 2023, which is majority-owned by Block.one. CoinDesk operates independently with an editorial committee to protect journalistic independence. Employees may receive options in the Bullish group as part of their compensation.
Key Points
1. CoinDesk was acquired by the Bullish group in November 2023, which is majority-owned by Block.one, both companies have interests in blockchain and digital asset businesses.
2. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
3. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.