{"id":18730,"date":"2021-09-14T02:30:34","date_gmt":"2021-09-13T21:30:34","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=18730"},"modified":"2021-10-23T02:16:53","modified_gmt":"2021-10-22T21:16:53","slug":"cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/uncategorized\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/","title":{"rendered":"Cryptocurrency litecoin spikes briefly on bogus announcement"},"content":{"rendered":"<p>New York, Sept 13 (AFP\/APP):The price of litecoin briefly surged on Monday following a fake press release saying Walmart had agreed to a partnership with the cryptocurrency.<\/p>\n<p>The digital currency jumped around 30 percent following the publication on GlobalNewswire of the bogus news release, which resembled official press releases on the financial newswire.<br \/>\nLitecoin shot up to $230 from $175 in the moments after the &#8220;news&#8221; was relayed on other media.<\/p>\n<p>However, the move quickly reversed after the hoax was exposed. Near 1615 GMT, the exchange rate had retreated to around $179.<\/p>\n<p>A spokesman for Walmart confirmed to AFP that the information was false.<br \/>\nA statement on GlobalNewswire posted at 1518 GMT advised readers to &#8220;disregard the news release &#8216;Walmart announces major partnership with Litecoin.&#8221;<\/p>\n<p>Litecoin&#8217;s Twitter handle retweeted a statement from the Litecoin Foundation saying, &#8220;The Litecoin Foundation has not entered into a partnership with Walmart.&#8221;<\/p>\n<p>GlobalNewswire did not immediately respond to a request for comment.<br \/>\nThe site is a rival to Business Wire and PR Newswire, which are well known venues for disseminating company news.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York, Sept 13 (AFP\/APP):The price of litecoin briefly surged on Monday following a fake press release saying Walmart had agreed to a partnership with the cryptocurrency. The digital currency jumped around 30 percent following the publication on GlobalNewswire of the bogus news release, which [&#8230;]<\/p>\n<p>\n","protected":false},"author":2,"featured_media":18733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[11131,11130],"class_list":["post-18730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-bogus-announcement","tag-cryptocurrency-litecoin-spikes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cryptocurrency litecoin spikes briefly on bogus announcement<\/title>\n<meta name=\"description\" content=\"Cryptocurrency litecoin spikes briefly on bogus announcement\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cryptocurrency litecoin spikes briefly on bogus announcement\" \/>\n<meta name=\"twitter:description\" content=\"Cryptocurrency litecoin spikes briefly on bogus announcement\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/\"},\"author\":{\"name\":\"News Desk\",\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/person\/2b326eefbddc9c3b180116b6f37cce9f\"},\"headline\":\"Cryptocurrency litecoin spikes briefly on bogus announcement\",\"datePublished\":\"2021-09-13T21:30:34+00:00\",\"dateModified\":\"2021-10-22T21:16:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/\"},\"wordCount\":180,\"publisher\":{\"@id\":\"https:\/\/pni.net.pk\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg\",\"keywords\":[\"bogus announcement\",\"Cryptocurrency litecoin spikes\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/\",\"url\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/\",\"name\":\"Cryptocurrency litecoin spikes briefly on bogus announcement\",\"isPartOf\":{\"@id\":\"https:\/\/pni.net.pk\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg\",\"datePublished\":\"2021-09-13T21:30:34+00:00\",\"dateModified\":\"2021-10-22T21:16:53+00:00\",\"description\":\"Cryptocurrency litecoin spikes briefly on bogus announcement\",\"breadcrumb\":{\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#primaryimage\",\"url\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg\",\"contentUrl\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg\",\"width\":660,\"height\":360},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pni.net.pk\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cryptocurrency litecoin spikes briefly on bogus announcement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pni.net.pk\/en\/#website\",\"url\":\"https:\/\/pni.net.pk\/en\/\",\"name\":\"Pakistan News International\",\"description\":\"Latest News, Breaking News from Pakistan\",\"publisher\":{\"@id\":\"https:\/\/pni.net.pk\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pni.net.pk\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/pni.net.pk\/en\/#organization\",\"name\":\"Pakistan News International\",\"url\":\"https:\/\/pni.net.pk\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/12\/site-logo.jpg\",\"contentUrl\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/12\/site-logo.jpg\",\"width\":431,\"height\":121,\"caption\":\"Pakistan News International\"},\"image\":{\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/person\/2b326eefbddc9c3b180116b6f37cce9f\",\"name\":\"News Desk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e9ad84679b4a782d4fff9ca3763ebbd7e2cb1b0bb77b91492bba01714a2b4f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e9ad84679b4a782d4fff9ca3763ebbd7e2cb1b0bb77b91492bba01714a2b4f?s=96&d=mm&r=g\",\"caption\":\"News Desk\"},\"url\":\"https:\/\/pni.net.pk\/en\/author\/zafarmalik\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cryptocurrency litecoin spikes briefly on bogus announcement","description":"Cryptocurrency litecoin spikes briefly on bogus announcement","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/","twitter_card":"summary_large_image","twitter_title":"Cryptocurrency litecoin spikes briefly on bogus announcement","twitter_description":"Cryptocurrency litecoin spikes briefly on bogus announcement","twitter_image":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg","twitter_misc":{"Written by":"News Desk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#article","isPartOf":{"@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/"},"author":{"name":"News Desk","@id":"https:\/\/pni.net.pk\/en\/#\/schema\/person\/2b326eefbddc9c3b180116b6f37cce9f"},"headline":"Cryptocurrency litecoin spikes briefly on bogus announcement","datePublished":"2021-09-13T21:30:34+00:00","dateModified":"2021-10-22T21:16:53+00:00","mainEntityOfPage":{"@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/"},"wordCount":180,"publisher":{"@id":"https:\/\/pni.net.pk\/en\/#organization"},"image":{"@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#primaryimage"},"thumbnailUrl":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg","keywords":["bogus announcement","Cryptocurrency litecoin spikes"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/","url":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/","name":"Cryptocurrency litecoin spikes briefly on bogus announcement","isPartOf":{"@id":"https:\/\/pni.net.pk\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#primaryimage"},"image":{"@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#primaryimage"},"thumbnailUrl":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg","datePublished":"2021-09-13T21:30:34+00:00","dateModified":"2021-10-22T21:16:53+00:00","description":"Cryptocurrency litecoin spikes briefly on bogus announcement","breadcrumb":{"@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#primaryimage","url":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg","contentUrl":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/09\/123-134.jpg","width":660,"height":360},{"@type":"BreadcrumbList","@id":"https:\/\/pni.net.pk\/en\/latest-business-news\/currency-rates\/cryptocurrency-litecoin-spikes-briefly-on-bogus-announcement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pni.net.pk\/en\/"},{"@type":"ListItem","position":2,"name":"Cryptocurrency litecoin spikes briefly on bogus announcement"}]},{"@type":"WebSite","@id":"https:\/\/pni.net.pk\/en\/#website","url":"https:\/\/pni.net.pk\/en\/","name":"Pakistan News International","description":"Latest News, Breaking News from Pakistan","publisher":{"@id":"https:\/\/pni.net.pk\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pni.net.pk\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/pni.net.pk\/en\/#organization","name":"Pakistan News International","url":"https:\/\/pni.net.pk\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pni.net.pk\/en\/#\/schema\/logo\/image\/","url":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/12\/site-logo.jpg","contentUrl":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/12\/site-logo.jpg","width":431,"height":121,"caption":"Pakistan News International"},"image":{"@id":"https:\/\/pni.net.pk\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/pni.net.pk\/en\/#\/schema\/person\/2b326eefbddc9c3b180116b6f37cce9f","name":"News Desk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pni.net.pk\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e9ad84679b4a782d4fff9ca3763ebbd7e2cb1b0bb77b91492bba01714a2b4f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e9ad84679b4a782d4fff9ca3763ebbd7e2cb1b0bb77b91492bba01714a2b4f?s=96&d=mm&r=g","caption":"News Desk"},"url":"https:\/\/pni.net.pk\/en\/author\/zafarmalik\/"}]}},"_links":{"self":[{"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/posts\/18730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/comments?post=18730"}],"version-history":[{"count":1,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/posts\/18730\/revisions"}],"predecessor-version":[{"id":18735,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/posts\/18730\/revisions\/18735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/media\/18733"}],"wp:attachment":[{"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/media?parent=18730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/categories?post=18730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/tags?post=18730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}