2022 proved to be a year filled with challenges for the cryptocurrency industry. Ponzi schemes, decentralized finance scams, nonfungible token rug pulls, and questionable centralized exchange bookkeeping all contributed to a heightened focus on ethics within the space.
However, it is important to note that these negative occurrences are not isolated incidents. The issue of ethics has plagued the crypto industry for years, and it is likely that challenges will continue to arise in the future.
In order to gain the trust of the wider public and change the negative perceptions surrounding crypto, it is crucial for the industry to prioritize objective and unbiased news reporting, as well as transparency.
In a recent episode of Cointelegraph’s podcast, “The Agenda,” hosts Ray Salmond and Jonathan DeYoung spoke with crypto media veteran Molly Jane Zuckerman about her experiences with ethical challenges in the industry and her ideas for implementing best practices.
When asked about the most important issues to address in crypto media and the potential pressure journalists may face to prioritize their company’s interests, Zuckerman emphasized the need for significant improvements in transparency. She mentioned that the Association of Cryptocurrency Journalists and Researchers, an organization she co-founded, has been working on a standards guidebook to assist journalists and news agencies in this regard.
Zuckerman further explained that the responsibility for ethics lies with both journalists and protocol builders. She expressed concern over the prevailing mindset among crypto media outlets and journalists that their main purpose is to promote mass adoption. Instead, Zuckerman believes that the true role of crypto media is to educate readers.
To hear more from Zuckerman, listen to the full episode of “The Agenda” on the Cointelegraph Podcasts page, Spotify, or Apple Podcasts. Additionally, be sure to explore Cointelegraph’s other shows.
Please note that the views, thoughts, and opinions expressed in this article are solely those of the author and do not necessarily reflect or represent the views and opinions of Cointelegraph.