CoinDesk, a well-known foreign Bitcoin news website, was acquired by DCG

According to the latest announcement on the company's official website, the well-known Bitcoin news website CoinDesk announced that it has been acquired by Digital Currency Group (DCG) . According to internal information obtained by foreign media TechCrunch, the acquisition price is between US$500,000 and US$600,000 . The Bitcoin news website was founded in 2013 with a registered capital of US$2 million. In recent months, there have been reports that the company is looking for buyers at a price range of US$800,000 to US$1 million.

     Digital Currency Group (DCG) is a leader in the blockchain/bitcoin industry and has previously invested in CoinDesk. DCG took the opportunity of the acquisition to announce the date and location of the 2016 Consensus digital currency conference . Sources said that this acquisition will be the biggest move to enhance the conference's influence in the international bitcoin market.