Crypto-focused media outlet CoinDesk has laid off 45% of its editorial staff, or 20 people, as it nears a sale, The Block reported on Monday. “This was a required step to ensure a financially sound business moving forward and to set us on the path to close the deal,” CoinDesk CEO Kevin Worth said in an email to staff, according to the report. A CoinDesk spokesperson did not immediately...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
google
semiconductors
To Reduce AI Costs, Google Wants to Ditch Broadcom as Its TPU Server Chip Supplier
Org Charts
enterprise
Finance
The People in Power at Tech Private Equity Juggernaut Thoma Bravo