Fun

News Feed - 2023-10-17 06:10:46

Cointelegraph2 hours agoClarification on sharing false spot Bitcoin ETF newsCointelegraph apologizes to its readers and discusses its investigation into what led to the posting of unverified news on X about a spot Bitcoin ETF.19075 Total views79 Total sharesListen to article 0:00AnnouncementJoin us on social networksDear Cointelegraph readers,


We are incredibly grateful for the support and trust you have placed in our publication over the last 10 years. We strive to deliver the most thoughtful, engaging and impactful news affecting the cryptocurrency space.


Earlier today, during routine coverage, Cointelegraph’s social media team posted a message on X without prior editorial approval stating that the United States Securities and Exchange Commission had approved BlackRock’s iShares spot Bitcoin exchange-traded fund, or ETF. This was false, the result of misinformation. The news lead originated from an unconfirmed screenshot posted by an X user who claimed it was from the Bloomberg Terminal.


Cointelegraph did not ultimately publish an article with this incorrect information, but we deeply regret posting this in error on X and the impact it has caused. An internal investigation revealed that our standard procedure for posting breaking news on social media, wherein sources are required to be verified before posting to social media, was not followed.


The timeline of events is as follows:


13:17:30 UTC: The editorial team was alerted to the rumored news through a Telegram channel that Cointelegraph employees use to discover stories that might be of interest to readers (Figure 1). The full conversation is shared below.Figure 1Figure 2


13:19:27 UTC:Employee 1 reposted the text of the lead shared by a Telegram account that has since been deleted (Figure 2) to an internal Slack channel (Figure 3).Figure 3, Figure 4


13:24:16 UTC: In an effort to publish the developments as soon as possible, Employee 2 posted the report to X without prior confirmation of the source’s veracity from the editor. This violates Cointelegraph’s social media process, in which source confirmation and editorial approval are required before posting (Figure 4).


13:48:38 UTC: Readers reported the issue to Cointelegraph via social media channels (Figure 5).Figure 5


13:52:19 UTC: In an internal Cointelegraph chat, Employee 1 flagged that the source could not be located (Figure 6).Figure 6


13:54:14 UTC: Employee 3 from Cointelegraph edited the message on X to clarify that the information was unconfirmed (Figure 7).Figure 7


14:03:42 UTC:Cointelegraph reached out to BlackRock and the Bloomberg Terminal and removed the post (Figure 8).Figure 8


14:32:23 UTC: After receiving confirmation from BlackRock that the report was incorrect, Cointelegraph retracted the initial tweet and issued the following statement (Figure 9):Figure 9


To ensure that something like this does not happen again, the Cointelegraph team is thoroughly auditing and reviewing our social media management processes, especially around the authentication of breaking news before a post can be published. We are having conversations with all of the employees involved, and we will make all necessary structural changes.


This incident reminds the Cointelegraph team that our actions have serious ramifications across the cryptocurrency community. We are committed to learning from these mistakes and adhering to the highest standards of journalism.


Sincerely,


The Cointelegraph team# Blockchain# Cryptocurrencies# Cointelegraph# BusinessAdd reactionAdd reactionRead moreWho invented NFTs?: A brief history of nonfungible tokensHow to build a DApp on EthereumToken adoption grows as real-world assets move on-chain

News Feed

3 reasons why DOGE, WIF and other memecoins are crashing
Yashu Gola7 hours ago3 reasons why DOGE, WIF and other memecoins are crashingThe memecoin market"s downturn seems like a typical adjustment seen before Bitcoin halvings, yet more downside is possible.1203 Total views1 To
Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates
Controversial "Tiktok Ban Bill" Sparks Concerns Among Cryptocurrency and Technology Advocates Cryptocurrency and technology proponents have recently been discussing a new bipartisa
Here’s how much Bitcoin you could buy with all the fiat currency in the world
Tristan Greene6 hours agoHere’s how much Bitcoin you could buy with all the fiat currency in the world5,000 BTC used to get you a pizza — now it’s worth more than some countries.9468 Total views2 Total sharesListen
Moody’s, Elliptic join forces for enhanced VASP risk screening
Derek Andersen3 hours agoMoody’s, Elliptic join forces for enhanced VASP risk screeningThe companies will combine their strengths to provide enhanced virtual asset service providers screening ability.336 Total viewsLis
Prashant Jha3 hours agoDeFi ‘circuit breaker’ could slash hack losses by 70%: Finance RedefinedThe top 100 DeFi tokens had a mixed week. Most tokens traded in the same range as the previous week, with a minor bearish
The Novatar — the Best Place to Create Your Digital Identity
The Novatar — the Best Place to Create Your Digital Identity press release PRESS RELEASE. The Novatar will be launching with a limited edition of 25K avatars, an NFT project to en
Foxify Announce Partnership with Tyson Fury
Foxify Announce Partnership with Tyson Fury press release PRESS RELEASE.Foxify have just confirmed a brand partnership with Tyson Fury in an industry leading move. It comes followin
Dogecoin Breaks Above $0.12 Level – Time For DOGE To Catch Up?
Este artículo también está disponible en español. Dogecoin (DOGE) has finally broken through the crucial $0.12 resistance level, marking a significant milestone as it sur
Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of ‘Intense’ Crypto Regulation
Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of "Intense" Crypto Regulation The founder and chief investment officer of Hayman Capital Management, Kyle Ba
Invictus Capital Announces NFT Collection to Give African Artists Global Exposure
Invictus Capital Announces NFT Collection to Give African Artists Global Exposure Invictus Capital has unveiled its first non-fungible token collection, called “Out of Afric
Kim Kardashian and Floyd Mayweather Win Tentative Court Ruling in Ethereummax Lawsuit: Report
Kim Kardashian and Floyd Mayweather Win Tentative Court Ruling in Ethereummax Lawsuit: Report Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. reportedly won a
Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative
Socialite and Model Alexis Ren Doesn"t Trust the Dollar Economy, Says Crypto Is a Viable Alternative The American social media personality and model, Alexis Ren believes the fiat e