60% of 2,893 crypto press releases linked to high‑risk or scam projects.
Only 2% tied to major events like funding, M&A, or research.
54% labeled “overstated,” 19% “promotional,” 10% neutral.
Cloud mining sector shows ~90% high‑risk issuers.
Distribution platforms sell placement, bypassing editorial review.
High volume drives visibility, not newsworthiness.
Chainstory analyzed 2,893 releases over four months across major networks.
Only 58 releases (2%) involved substantive developments like funding rounds.
Most releases focus on routine updates, token promotions, or vague partnerships.
Neutral, factual language accounts for only 10% of the dataset.
