Cointelegraph screwed up — let’s talk about verifying news
A couple of days ago crypto news outlet Cointelegraph put out a tweet that stated, “BREAKING: SEC APPROVES ISHARES BITCOIN SPOT ETF.” It followed this, 23 minutes later, with a slightly amended version that read, “BREAKING: SEC APPROVES ISHARES BITCOIN SPOT ETF, REPORTEDLY.” What it failed to point out was that the “REPORTEDLY” part was reported by Cointelegraph. The call was coming from inside the house. Nine minutes after this, Cointelegraph reached out to BlackRock, confirmed that the Bitcoin ETF hadn’t been approved, and deleted the tweet. One hour and one minute after the initial ETF message, Cointelegraph posted a tweet apologizing for the dissemination of inaccurate information and stated that an investigation was beginning. The nitty gritty First of all, it’s worth commending Cointelegraph for opening the details of its failure up to the public with this article. It’s also worth acknowledging that the outlet apologized, acknowledged that it was “posting unverified news,”...