CRYPTO MEDIA SITE DECRYPT MERGES WITH DECENTRALIZED MEDIA FIRM RUG RADIO

Summary from the TLDR Crypto newsletter

Crypto-focused news company Decrypt announced its plans to merge with decentralized media firm Rug Radio. This marks the third significant crypto media consolidation within a month, following the majority stake sales of The Block and CoinDesk. This merger would bring Decrypt deeper into the web3 ecosystem and provide Rug Radio with improved access to the journalistic brand. Both will maintain their brand and independence under a yet-to-be-named holding company and they plan to collaborate on advertising deals.