Press Releases

Several digital news outlets have quietly removed articles highlighting a study on misleading cryptocurrency press releases. The study by Chainstory revealed that many press wires promote high-risk projects on a pay-to-play basis. Sites like Investing.com and Crypto Potato took down their coverage without explanation.

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A new report from Chainstory indicates that more than 60% of cryptocurrency press releases originate from high-risk or fraudulent projects. The study highlights how distribution services enable misleading content to appear alongside legitimate news, potentially deceiving readers. Only 2% of these releases contain substantive information like funding rounds or acquisitions.