Lewitinn hired as editor in chief of cryptocurrency news site
Also, no one can talk to Wright the way Brendan can. He does more in a week than anyone else in a year. He has more adventures in a year than anyone else in a lifetime. And Leo Jakobson is the embodiment of the Modern Consensus attitude. He got the scoop on how the whole thing was basically bogus. Not Leo. He went after the story and bit its ear off What, too soon?
That and also the fact that he enjoys writing, something I loathe to do. All this was possible because Ken and our publisher, Kevin Sanders, left us alone. There were several-week stretches where I never spoke to Ken or Kevin.
They always sent checks that cleared. They gave us complete freedom. Modern Consensus has it. When I had a few family medical emergencies hit, they pitched in only on the things I asked them to handle. Then they stepped back the moment I returned. They never cared where I was or what I was doing, so long as I published regularly and put out quality work.
Fun fact: This site was run out of several bars in Portugal, Italy, and England for several weeks last year. And it was also run out of a hospital in New York on a few occasions in return, as gratitude for that kind of autonomy. Kevin and Ken are stand-up guys. Modern Consensus was the first of several sites in their portfolio called Sea of Reeds Media. They treat other sites the same way. They hire people to be themselves, not to fit job descriptions.
They treat everyone like family. They never lied to me. They never did a bait and switch. What other media company in the world has that? No writer or editor deserves that kind of luck. However, it was time for me to move on. I brought in Leo, who happened to be one of my best friends over the past three decades. He covered Silicon Alley during the dot-com bubble. That experience alone makes him a giant among reporters covering crypto and blockchain today. He has context. He has seen it all before.
He knows all the cons and the scams trying to pull the wool over the eyes of investors and consumers. He witnessed it and reported it in a different iteration back when the current sets of scammers were still in preschool. The piece neglected to include a disclosure that Epstein was a convicted sex offender until The New York Times wrote a story about how Epstein used the media to refurbish his image. We asked Love to comment on the record about the story.
What Cassano and Love were willing to talk about is their plans for Cointelegraph. Love: Time zones! Cassano: Crypto is a loud and fast-moving space. Where will you be based? Where are your writers? Dylan is in Austin, Texas. We have a multi-national, globally distributed workforce. We also have a network of regional sites that includes offices in Japan, Korea, Italy, and Brazil among others. We just recently launched the Turkish edition of Cointelegraph. What changes do you plan to implement?
What will be different in terms of processes, style, and staff? Cassano: You can expect to see Cointelegraph journalists be more of a presence in the blockchain community. I think a defining feature of great media outlets is having writers whose names you immediately associate with the publication.
Who do you view as your main competitor? The Block? Cassano: The blockchain media space is big enough for everyone to play a meaningful role. Who do you view as your primary audience? Who more so than others? Cassano: We try to have a pretty wide appeal. What underserved part of this space do you hope to reach out to? Cointelegraph has some sister sites. Last year, Breaker wrote a story claiming potential CT advertisers were routed to those sites for favorable stories.
Has that ever been addressed? Will it be? What will happen to those sites?
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Tether asserts that one of the reasons it ought not be forced to open its kimono is that CoinDesk, and its Managing Editor Lawrence Lewitinn, have a grudge against the company. I happen to know from fairly deep sourcing and experience with various crypto companies that they all think CoinDesk has a grudge against them. Maybe CoinDesk is just a very grudgey publication.
The company claims to hold a significant portion of its reserves in commercial paper yet has disclosed virtually nothing about its counterparties. The posting goes even deeper than Lewitinn has, coming right up to the line of asserting that Tether is lying.
As of press time, we have not heard back; this story will be updated with further comment should they choose to respond. For the sake of disclosure, of course I know Lawrence Lewitinn, since he was an employee of the company that owns Modern Consensus, and I also knew him when I was the editor of the New York Observer and hired him to be our tech editor.
But I can also disclose that he has never mentioned anything about the Hindenburg reward to me and I only learned about this offer 3 months after it was published from reading the story in New York magazine. There are massive gaps in reporting on cryptocurrency and blockchain news, said Kurson. Readers are looking for intelligent, focused, and engaging reporting of the blockchain and cryptocurrency space — not just the technology but the people behind the technology — and Modern Consensus will provide exactly that.
Were on the cusp of a radical shift in how the world defines and accounts for financial interactions, said Lewitinn. Thats the very fabric of society and culture everywhere. Yet coverage has been relegated to a few niche sites and a handful of reporters here and there at the larger news organizations. The sites name is taken from the consensus mechanism that many blockchains use to verify transactions. Im approaching 10 years in technology and cryptocurrency reporting, said Love.
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Were on the cusp of a radical shift in how the world defines and accounts for financial interactions, said Lewitinn. Thats the very fabric of society and culture everywhere. Yet coverage has been relegated to a few niche sites and a handful of reporters here and there at the larger news organizations. The sites name is taken from the consensus mechanism that many blockchains use to verify transactions. Im approaching 10 years in technology and cryptocurrency reporting, said Love.
Im thrilled to be shining a spotlight on this contentious, dramatic arena. Ken Kurson led the transformation of theObserverto become a digitally focused, national outlet growing from 1. An image of a chain link. It symobilizes a website link url. Sarah Kopit This story is available exclusively to Insider subscribers.
Become an Insider and start reading now. The crypto news site wants to grow its newsroom from about 20 journalists to as many as in the next two years. The Block says it makes tens of millions of dollars in annual revenue, equally from ads and subscription products. Crypto news and research company The Block has appointed a Bloomberg News veteran as its new editor-in-chief as it plans to quadruple the size of its newsroom over the next two years.
Sarah Kopit, a longtime Bloomberg editor whose most recent title was "social media czar," told Insider that while she is new to crypto as a subject matter, she views the role as an "opportunity to lead a rapidly expanding newsroom through this tumultuous new age where digital assets are going to be at the center of potentially almost everything. Founded in , The Block, which has grown to more than employees from about 35 at the beginning of , pairs news with a paid research arm.
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