No, Walmart Is Not Adopting Litecoin

Image for article titled Litecoin Price Thrown Into Chaos After Hoax Announcement of Partnership with Walmart

Photo: Jack Taylor (Getty Images)

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

About bitcoin

Check Also

Bitcoin, Litecoin & Cardano– American Wrap 1 February

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the …

Leave a Reply

Your email address will not be published. Required fields are marked *