Misinformation Leads to False Announcement
Cryptocurrency news publication Cointelegraph has apologized for posting false information on social media regarding the approval of BlackRock's iShares spot Bitcoin exchange-traded fund (ETF). The misleading news was the result of a screenshot posted by a user on X, claiming it was from the Bloomberg Terminal. Cointelegraph did not publish an article with this incorrect information, but deeply regrets the impact it has caused.
Lapses in Social Media Process
Following an internal investigation, it was revealed that Cointelegraph's standard procedure for posting breaking news on social media, which requires source verification and editorial approval, was not followed. The timeline of events shows that the news was reposted without confirmation of the source's veracity.
Action Taken and Lessons Learned
Once the issue was reported by readers, Cointelegraph promptly edited the message on X to clarify that the information was unconfirmed. The publication also reached out to BlackRock and the Bloomberg Terminal to verify the report and issued a retraction. In response to the incident, Cointelegraph is conducting a thorough audit of its social media management processes and making necessary changes to prevent similar mistakes in the future. The publication acknowledges the serious ramifications of its actions and is committed to upholding the highest standards of journalism.
Sincerely,
The Cointelegraph team
Did you miss our previous article...
https://trendinginthenews.com/crypto-currency/uniswap-to-implement-015-swap-fees-on-select-tokens
