Fake Walmart press release causes cryptocurrency price surge

From bitdefender.com

The cryptocurrency Litecoin soared in value earlier this week upon the news that supermarket giant Walmart would accept it as a form of payment at its retail stores across America.

The only problem was… it simply wasn’t true.

Despite appearances, Walmart had not issued a press release announcing its support of Litecoin.

Instead, a bogus press release – claiming to be an official communication from the retail goliath – had been posted in Walmart’s name on GlobeNewswire, one of the world’s largest press release distribution networks.

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