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Crypto Exchange WazirX Sees $230M in Suspicious Withdrawals, Largely $100M in SHIB Token

Crypto Exchange WazirX Sees 0M in Suspicious Withdrawals, Largely 0M in SHIB Token
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At CoinDesk, we are committed to providing our readers with accurate, unbiased, and reliable information about the cryptocurrency industry. Our journalists adhere to a strict set of editorial policies, ensuring that our coverage is fair and comprehensive.

In November 2023, CoinDesk was acquired by the Bullish group, the owner of the regulated digital assets exchange. The Bullish group is a majority-owned subsidiary of Block.one, a global technology company with interests in a range of blockchain and digital asset businesses.

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CoinDesk operates as an independent subsidiary of the Bullish group, with its own editorial committee in place to protect journalistic independence. Our journalists and editorial team are not influenced by the Bullish group’s business interests, and we maintain full editorial control over our content.

Our Commitment to Transparency

We believe transparency is essential in maintaining trust with our audience. As such, we have updated our privacy policy, terms of use, cookies policy, and do not sell my personal information policy.

Frequently Asked Questions

  • Why was CoinDesk acquired? CoinDesk was acquired in November 2023 by the Bullish group, a regulated digital assets exchange majority-owned by Block.one.
  • How does this acquisition affect CoinDesk’s editorial content? CoinDesk operates independently as a subsidiary of the Bullish group, with its own editorial committee in place to protect journalistic independence.
  • What are the ties between the Bullish group, Block.one, and CoinDesk? The Bullish group owns CoinDesk, and Block.one has a majority stake in the Bullish group. Both companies have interests in various blockchain and digital asset businesses and significant holdings of digital assets.
  • Do CoinDesk employees receive compensation with options in the Bullish group? Yes, some CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
  • How does CoinDesk cover the cryptocurrency industry? As an award-winning media outlet, our team of journalists covers the cryptocurrency industry fairly and comprehensively, adhering to a strict set of editorial policies.

Conclusion

In conclusion, we are committed to providing our readers with trusted and reliable information about the cryptocurrency industry. At CoinDesk, we believe in upholding the highest standards of journalistic integrity and transparency, even as we operate within the Bullish group’s business ecosystem. We look forward to continuing our mission of providing comprehensive coverage and insights to the global cryptocurrency community.

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