Home Litecoin Kroger says it is not accepting bitcoin cash after fake press release sends the crypto briefly soaring | Currency News | Financial and Business News

Kroger says it is not accepting bitcoin cash after fake press release sends the crypto briefly soaring | Currency News | Financial and Business News

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In this photo illustration the Kroger logo is seen displayed on a smartphone.
Kroger.

Kroger Company on Friday confirmed it’s not accepting bitcoin money after a faux press launch mentioned the American grocery chain was embracing cryptocurrencies forward of the vacations.

The release was printed on PRNewswire, a web site the place main corporations submit bulletins, and in addition appeared on Kroger’s investor relations web page, which mechanically posted the discharge. Each have since deleted the phony announcement.

Media shops initially fell for the hoax, which led to a quick 5% bitcoin money value rally. However quickly after, Kroger debunked the crypto information.


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