The market price of cryptocurrency token Litecoin shot up by as much as 35 percent and then fell back down on Monday after a fake press release published by GlobeNewsWire claimed that the company was partnering with Walmart, CNBC reports.
The hoax announcement, which claimed that the mega-retail chain would soon begin accepting Litecoin payments from customers, even included fake quotes from Walmart’s CEO. It was picked up by multiple news outlets,…
Source link
