Tag: fake news

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XRP spike on hoax filing a ‘bad look’ but won’t sway SEC’s ETF approvals

Bloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP’s price spiked on a faked BlackRock XRP trust filing, but it is a “bad look.” The Nov. 13 XRP (XRP) price action stemming from a falsified BlackRock XRP trust filing shouldn’t sway the United States securities regulator’s decision to approve or delay…
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XRP jumps then dumps on faked BlackRock XRP trust filing

XRP’s price surge was short-lived and has almost returned to its original price. A BlackRock filing suggesting the asset manager was creating an XRP (XRP) exchange-traded product caused a 12% spike in XRP, which it quickly lost after the filing was confirmed as fake. The saga lasted an hour late on Nov. 14 as X…
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Bitcoin Price Spikes Following Fake BlackRock ETF Announcement: $100 Million Liquidated

Today, Bitcoin’s price experienced a swift rise from $27,900 to $30,000 following a false announcement regarding BlackRock’s Bitcoin spot ETF approval.  The misleading information, originally shared on social platform X, led to a flurry of trading activity resulting in about $100 million in trading liquidations within just one hour…. Read More: Bitcoin Price Spikes Following…
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Walmart and Litecoin Payment News Debunked by Walmart Spokesperson, LTC Prices Shudder from Fake News

On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after these reports were published, the press release saying Walmart and Litecoin partnered was verified…
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Blockchain Might Be a Silver Bullet for Fighting Deepfakes

From confirming crypto transactions to confirming base-level reality, blockchain might be the sleeping giant of authentication. In an era of scams and fake news, so-called “deepfakes” are the latest assault on our relationship with reality. If you’re unfamiliar, deepfakes are videos generated with help from artificial intelligence that show a recognizable figure (like Barack Obama…
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