Monday, February 9, 2026

Press releases were supposed to announce news. Now they manufacture it.

Chainstory analyzed 2,893 crypto press releases published between June and November 2025.

Their findings read like an indictment: 62.5% came from projects flagged as high-risk or outright scams. Only 27% traced back to legitimate operations.

Flip those numbers around and something darker emerges. Legitimate projects rarely flood the wire - they attract journalists organically.

Scams have no such luxury. When no reporter will touch your story, you write it yourself and pay for placement.

The volume becomes the tell. More press releases, more suspicion. The industry built a credibility machine that now runs in reverse.

Who's actually reading these things - and more importantly, who's investing based on them?

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We are all rekt.