For a while now, Cointelegraph has been regularly flooding the crypto world with paid advertisements (http://cointelegraph.com/advertise-with-bitcoins) that are being presented and spread as news of great influence. Just an example, here is today’s paid advertisement: “The Inevitable Failure of Proof-of-Stake Blockchains and Why a New Algorithm is Needed (Op-Ed)”
Which can be found on: http://cointelegraph.com/news/114359/the-inevitable-failure-of-proof-of-stake-blockchains-and-why-a-new-algorithm-is-needed
As a matter of fact, this is what their paid advertisements come up with:
About 250 different websites relaying today’s “news” at the same time: https://www.google.com/search?btnG=1&pws=0&q=“The+Inevitable+Failure+of+Proof-of-Stake+Blockchains+and+Why+a+New+Algorithm+is+Needed+(Op-Ed)”&gws_rd=ssl
Hundreds of fake Twitter accounts tweeting the “news” at the same time: https://twitter.com/search?f=realtime&q=The%20Inevitable%20Failure%20of%20Proof-of-Stake%20Blockchains%20and%20Why%20a%20New%20Algorithm%20is%20Needed%20(Op-Ed)&src=typd
I first noticed the existence of this paid service a few months ago when it was heavily used by the NeuCoin marketing team to spread their Proof-of-Stake concept. And I am certain that Cointelegraph’s client base contains a lot more names.
I personally find the service provided by Cointelegraph damaging to our community. As it can clearly be seen from their buzzing “news”, their only purpose is to serve their clients’ interests without questioning the content of their posts.
Just to be clear, my intention when writing this post is to reveal this media manipulation market.