Several business-focused digital news outlets quietly took down news articles about the massive scale of junk information floating around the cryptocurrency space.
Earlier this month, the crypto public relations and communications firm Chainstory released a study the company conducted saying that many of the crypto press release “wires” had been paid to promote projects considered to be high-risk or scammy. The study also noted that many of these companies guaranteed some news outlets would cover the press releases, and were essentially flooding the space with garbage crypto information dressed up to look like reliable news.
The study was covered fairly widely within the crypto space, garnering links in Coinbase, Cointelegraph, and…







