Breaking: Walmart Denies Litecoin Payments Rumours
Litecoin recorded a 35% and 28.6% profit in the 1-hour and 24-hour charts, respectively, after major mainstream media websites reported a fake LTC integration into Walmart e-commerce stores. According to the fake press release, the company was going to allow its “millions of shoppers” to leverage crypto payments with LTC. The fake Litecoin integration was […]
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Litecoin has recorded massive price movement in the past hour. The coin started to rally after Reuters had reported that retail giant Walmart would begin accepting the cryptocurrency as payment for purchases. The news broke on Monday with a press release that stated Walmart had partnered with Litecoin to allows customers to make payments with LTC. The news triggered a price surge that saw the price of Litecoin grow 30% in a single hour, breaking a three-month high of $237. Before the news broke, Litecoin has been trading in the mid-$170s at $175. News of the Walmart partnership over $60 in....
On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after these reports were published, the press release saying Walmart and Litecoin partnered was verified as being “not authentic” by a Walmart spokesperson.
Fake Walmart and Litecoin News Exposes Pump and Dump Scheme
It appears that a phony Walmart press release has been....
"The Litecoin Foundation has yet to enter into a partnership with Walmart," said Jay Milla. The price of Litecoin rose to more than $237 this morning following erroneous reports from major news outlets that U.S. retailer Walmart would be introducing a payment option for the cryptocurrency on all its eCommerce websites.CNBC, Reuters, Decrypt and others reported on Monday that Walmart planned to have a “Pay with Litecoin Option” for its retail websites starting on Oct. 1 as part of a partnership with the Litecoin Foundation, the organization financing and promoting adoption of the Litecoin....
Litecoin has recently been in the middle of recent controversy. News broke out on Monday that retail giant Walmart had partnered with Litecoin to start accepting payments in the cryptocurrency. The official-looking press release from both GlobeNewswire and Reuters was shared by major media outlets. And more importantly, was shared by the official Twitter account […]
Walmart has entered the metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. The metaverse gaming platform has 52.2 million daily active users and 11.3 billion engagement hours. “Our customers are spending loads of time there,” said a Walmart executive.
Walmart Entering the Metaverse
U.S. retail giant Walmart announced Monday the launch of “Walmart Land” and “Walmart’s Universe of Play” on the metaverse gaming platform Roblox.
The announcement explains that Walmart Land will....