News

VGX Soars 8% After The Fake News About BlackRock-Voyager Acquisition

Key Points:

  • Someone created fake news that BlackRock plans to acquire Voyager Digital to pump tokens.
  • The Associated Press website even published it with paid content. VGX has gained 8% in the last 24 hours.
Fake news about BlackRock acquiring Voyager Digital for token pumping causes 8% VGX gain. Verify sources before sharing.

Wu reported that someone created fake news that BlackRock plans to acquire Voyager Digital to pump tokens. The Associated Press website even published it with paid content. The social media source marked in the press release is a Chinese account with only one fan. VGX has gained 8% in the last 24 hours.

The fake news stating that BlackRock is planning to acquire Voyager Digital to pump tokens is a reminder of the need to be vigilant in the cryptocurrency industry. The Associated Press website even published the fake news with paid content, demonstrating the potential impact of such false information.

According to the fake news, BlackRock has completed the first round of due diligence on Voyager Digital, an encryption platform that has filed for bankruptcy. The two parties are in negotiations regarding the current sale of the assets and shares of the bankrupt entity and have reached a preliminary acquisition intent.

“In the future,once the acquisition plan is finalized, Voyager will become BlackRock first acquisition in the cryptocurrency field. This represents not only a strategic move into the cryptocurrency sector but also preparation for the lengthy Bitcoin ETF application process.It bears great significance for the entire cryptocurrency market.”

Stated in the article

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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