Crypto news platform Blockworks has announced a strategic shift away from traditional journalism, ending its news division to focus on data analytics and research. Founded in 2017, the company’s restructuring reflects an evolving media landscape where investors prioritize data-driven insights over traditional news reporting. This change follows a significant funding round earlier this year, securing $12 million in investment. Co-founder Jason Yanowitz believes this strategic pivot will capitalize on opportunities in data and event management. The transition has resulted in layoffs of key journalists, impacting the crypto journalism landscape. Despite these changes, Blockworks’ focus on data is driven by strong investor confidence, signaling a trend toward data-centric models within media firms.