CZ issued a statement in response: It will not acquire the encrypted media CoinDesk. In response to Blockworks' report that "Binance's CoinMarketCap has shelved the acquisition of the encrypted media CoinDesk", Binance CEO CZ responded on Twitter, "It is not 'on hold'. It is." Don’t buy it. It could be a good business. But it doesn’t fit our geographic footprint.”
