Wu Blockchain (@WuBlockchain): Founded by the DefiLlama Team, Crypto Media Outlet DL News to Shut Down at the End of May
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Founded by the DefiLlama Team, Crypto Media Outlet DL News to Shut Down at the End of May DL News announced that it will shut down at the end of May after failing to build a sustainable standalone crypto media business. The company cited declining crypto media traffic, worsening search and content distribution conditions driven by AI, and reduced operational alignment with DefiLlama following an internal conflict in early 2023. DL News began layoffs in mid-April and informed staff on May 1 that operations would cease by month-end. https://x.com/dlnews/status/2052475204392071294?s=20