For people who do not know what fake news are
Fake news in the crypto world are false or misleading news related to cryptocurrencies and blockchain. These can be created with the intention of manipulating the market, generating fear, attracting fraudulent investments, or simply spreading misinformation.
For example:
1. False advertisements: Saying that a famous company will accept Bitcoin, which can artificially drive up the price.
2. Collapse rumors: False news about hacks or bankruptcies of crypto projects to cause panic and make people sell their coins.
3. Promises of quick profits: Articles or posts claiming that an unknown crypto will be "the next Bitcoin," but in reality are scams (known as pump and dump).
It is important to always verify sources and not be swayed by eye-catching headlines. In the crypto world, where everything is very volatile, a false news item can cause significant losses or impulsive decisions.