According to BitcoinWorld, Blockworks, a prominent digital asset media outlet, is reportedly shutting down its news business, as initially reported by Unfolded. The move marks a significant shift in the crypto media landscape and raises questions about the future of specialized journalism in the sector. Blockworks has long been recognized for its daily updates, in-depth analyses, and interviews with industry leaders. The closure suggests a strategic refocusing on other business areas, such as events and research. The company is expected to continue its operations in these segments, including its well-regarded Blockworks Digital Asset Summit and institutional research offerings. This development highlights broader challenges in monetizing traditional news models in the fast-evolving crypto industry.
Blockworks Shuts Down News Business Amid Crypto Media Shift
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