Top Crypto Media Site CCN Shuts Down, Google Update Cites for Loss of Search
Top cryptocurrency media site CCN is shutting down today, June 10th, according to an announcement on their website.
The post, written by Jonas Borchgrevink, director and founder of CCN Markets and Hawkfish AS, states that the reason behind the closure is a large drop off in traffic from Google searches following a June 3 Google Core Update. Borchgrevink writes that the crypto news site’s traffic fell over 71% on mobile overnight.
The founder notes that while traffic levels have been low in the past, the addition of new members to the team means that they cannot continue to operate in these conditions on advertiser revenue.
