Cointelegraph rejects sale rumor, says CoinDesk report was based on false information

Cointelegraph rejects sale rumor, says CoinDesk report was based on false information

N
News Editor
2026-10-08 05:43:34
Cointelegraph said on Oct. 8 that it is not for sale, pushing back against a recent CoinDesk report that said the crypto media outlet was seeking a buyer. In a post on X, Cointelegraph said the story was based on false information and contained multiple factual errors. The company said it welcomes scrutiny, but would not stay silent when speculation is presented as fact. It also questioned whether CoinDesk was trying to drive readership, promote events, or respond to business pressure by creating controversy. Cointelegraph called on CoinDesk, along with its publisher and editorial management, to correct the report, explicitly acknowledge the mistakes, and give any correction the same prominence as the original story. It said quietly changing wording while preserving the credibility of the initial report would not be sufficient. The outlet also argued that media credibility should rest on accuracy and accountability, not sensational headlines. Earlier in the day, CoinDesk reported that Cointelegraph was looking for a buyer, though no asking price was disclosed. The input also states that Cointelegraph’s organic search traffic fell about 80% after a Google manual action in October 2025, and that Similarweb data showed monthly visits dropping from more than 12 million in December 2024 to just over 700,000 in early September 2026.

Cointelegraph said on X on Oct. 8 that it is not for sale, rejecting a recent CoinDesk report and saying the story was based on false information and contained multiple factual errors.

In its statement, Cointelegraph said it welcomes scrutiny but would not remain silent when speculation is presented as fact. It also questioned whether CoinDesk was trying to create controversy to attract readers, promote events, or deal with business pressure.

Cointelegraph said CoinDesk, its publisher, and its editorial management should correct the report, clearly acknowledge the errors, and give the correction the same level of exposure as the original article. It added that quietly revising wording while keeping the original story’s credibility intact would not be enough.

The company also said media credibility should be built on accuracy and accountability rather than sensational headlines.

Earlier on the same day, CoinDesk reported that Cointelegraph, a well-known crypto media outlet, was seeking a buyer. The report did not disclose a sale price.

According to the input, Cointelegraph’s organic search traffic dropped about 80% after a Google manual action in October 2025, and the site at one point disappeared from Google search results. Similarweb data showed monthly visits falling from more than 12 million in December 2024 to just over 700,000 in early September 2026.

Cointelegraph was founded in 2013 and has more than 200 employees. It has not responded to a request for comment, according to the input.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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