Cardano's Charles Hoskinson is Eyeing to Buy CoinDesk

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Cardano founder Charles Hoskinson plans to buy crypto news website CoinDesk and revamp it as a news and community site but believes the $200M asking price is too high.

In a YouTube Live session, Hoskinson expressed interest in buying CoinDesk due to the industry's recent bad media and questioned relations to FTX in the crypto news industry.

Hoskinson believes the crypto industry needs a strong media outlet, suggesting converting news pieces into non-fungible tokens for interactivity.