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If you're wondering how journalism works in the cryptocurrency world in simple terms, here’s some context about CoinDesk. It’s a newsroom that covers blockchain, Bitcoin, Ethereum, and the entire crypto universe. They have won major awards for their reports (like the coverage of FTX), so they are not amateurs.
How does it work? CoinDesk follows fairly strict editorial policies to maintain integrity and independence. But here’s the interesting point: CoinDesk is part of Bullish (NYSE:BLSH), a digital asset platform for institutions. Bullish provides market infrastructure and information services in the crypto sector in simple terms.
Here comes the disclaimer: Bullish owns assets related to digital assets, and CoinDesk employees, including journalists, can receive compensation based on Bullish shares. It’s the usual conflict of interest you’ll find in any media related to the sector – it’s not hidden, but it’s good to know when you read news about cryptocurrencies in simple terms. Essentially, the outlet maintains its editorial policies, but is transparent about its financial connection to Bullish. That’s how modern crypto journalism works.