.binance does not plan to acquire CoinDesk, according to cz_binance. BarrySilbert
, widely known as CZ, stated that his company does not plan to buy CoinDesk crypto news giant.
CoinDesk was put on sale after its founder, the Digital Currency Group led by billionaire Barry Silbert, faced liquidity trouble following the bankruptcy of its lending crypto company, Genesis. Silbert's DCG bought CoinDesk back in 2016 for a staggering half a billion USD. CZ denied Blockworks’ report that Binance was trying to acquire CoinDesk via CoinMarketCap, with the actual purchase price expected to be closer to $75 million. The Cardano founder had earlier expressed interest in acquiring CoinDesk.A recently published article in a crypto news outlet stated that Binance Capital Management was planning to acquire CoinDesk for $75 million via CoinMarketCap. The latter was acquired by Binance in 2020.for the popular crypto news company.
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