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[Blockworks Announces Closure of News Division, Focuses on Data and Analytics Business] Crypto media platform Blockworks has announced the closure of its news division, shifting its strategic focus to data and analytics. Co-founder Jason Yanowitz released a statement early today via the X platform, noting that changes in market demand have prompted the company to adjust its direction. He stated that the combination of data and distribution demonstrates significant value in the current market environment, with audiences preferring to access information through real-time data dashboards, research platforms, and institutional-grade analytical tools rather than traditional news reporting. Additionally, Yanowitz emphasized that the company's analytics business has achieved remarkable growth over the past two years, and this adjustment aims to better adapt to the ever-evolving landscape of the crypto industry.

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