Middle East War Rattles Global Markets as Oil Tops $100 and Dollar Surges 
Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco 
Gold Prices Drop Amid Iran Peace Talk Uncertainty and Stronger Dollar 
Unilever and Magnum Face Defamation Lawsuit Over Ben & Jerry's Board Chair Dismissal 
Asian Currencies Stay Muted as Dollar Holds Firm Amid Iran Uncertainty 
WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions 
Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield 
Trump Tariffs Show Minimal Economic Impact but Boost Federal Revenue, Study Finds 
Asian Markets Rally as Oil Prices Tumble and Middle East Peace Hopes Emerge 
Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle Markets 
Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war? 
SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion 
Merck's $6 Billion Bid for Terns Pharma Signals Bold Oncology Push 
Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations 
Innate Pharma Reports 55% Revenue Drop and €49.2M Net Loss for 2025 
Delivery Hero Sells Taiwan Foodpanda to Grab for $600 Million in Debt-Reduction Push 
Global Flight Cancellations 2026: Middle East Air Travel Chaos Explained 
Walmart, one of the biggest retail chains in the United States, denied the reports that it is now accepting cryptocurrency as payment. It also refuted the claims it has signed a partnership with Litecoin, a peer-to-peer Internet currency.
According to CNBC, Walmart stated the press release that was posted online saying that it will begin accepting litecoin payments is fake. The company’s spokesperson confirmed the release did not originate from them and they are investigating the case.
The report about Walmart and Litecoin tie-up spread after various media outlets published an article about it based on the release that appeared authentic. It was posted on GlobeNewswire which is a known press release service on Monday, Sept. 13. On top of this, it also contains made-up quotes from Doug Millon, the company’s CEO, thus it looked legitimate.
"The momentum and excitement around the use of cryptocurrency are undeniable, and we are poised to make online shopping easy for our customers,” part of the quote that the Walmart CEO supposedly said in the fake press release. “As a leading eCommerce store, we are committed to bringing innovations to the online shopping experience. By integrating Litecoin, we will enable shoppers to experience a very smooth checkout experience with near instant transaction confirmation, and near-zero fees regardless of where in the world they are.”
Reuters was one of those that published a report about Walmart and Litecoin’s alleged partnership but it immediately edited the story and made corrections after the retail giant issued a statement about the false information.
It was said that the bogus press release was also linked to a website that is not operational. Moreover, there was no proof of filing at the Securities and Exchange Commission regarding the team-up between Walmart and Litecoin so there is really no business connection between the two firms.
Meanwhile, the hoax press release led to an increase in Litecoin’s price. It was said to have jumped 20% after the firm was linked to Walmart. Other cryptocurrencies’ prices have also gone up but including Litecoin’s, they quickly fell back to their original levels after corrections were made. At this point, it has yet to be pinpointed who is behind the fake press release.
