Bitcoin Cash briefly spiked 4.6% on Friday after a fake PR Newswire press release, which also appeared on Kroger.com, claimed Kroger will begin accepting it
The cryptocurrency rose over 4.6% from $602.63 at around 11:30 UTC to $630.70 in less than 15 minutes after the publication of a fraudulent announcement.
CoinDesk Jamie Crawley
Related Coverage
- Kroger looking into fake press release touting acceptance of bitcoin cash Reuters · Uday Sampath Kumar
- Kroger Says Bitcoin Cash Release on Its Website Was Fraudulent Bloomberg
- Bitcoin cash hoax underlines need for regulatory protection, investor caution, experts say MarketWatch · Frances Yue
- Kroger Says News Release on Grocer Accepting Bitcoin Cash Is Fraudulent Wall Street Journal · Allison Prang
- Kroger Denies Bitcoin Cash Reports Crypto Briefing · Brooks Butler
- A fake press release claiming Kroger accepts crypto reached the retailer's own webpage The Verge · Richard Lawler
- Market Wrap: Bitcoin Could Break Out and Rise With Altcoins Next Week CoinDesk
- Bitcoin Cash Spikes, Crashes After Fake Announcement About Partnership With Major Grocery Retailer The Daily Hodl
- Bitcoin Cash Hoax Says Kroger Won't Accept Crypto This Holiday Bitcoinist.com · Hououin Kyouma
- Kroger is not accepting bitcoin as a form of payment Techaeris · Alex Hernandez
- Press release falsely claims Kroger planned to accept Bitcoin Cash The Block · Osato Avan-Nomayo
- American grocer Kroger says Bitcoin Cash press release was fraudulent Cointelegraph · Aaron Wood
- No, Kroger won't accept Bitcoin Cash. Fake cryptocurrency press release dupes people again. Mashable · Matt Binder
Discussion
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@reuters
@reuters
on x
Kroger is looking into the publication of a fake press release claiming the acceptance of bitcoin cash at its stores, the grocer said, after becoming the second major retailer in recent weeks to get entangled in a crypto hoax https://www.reuters.com/... https://twitter.com/...
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@crypto
Bloomberg Crypto
on x
Grocery giant Kroger said a press release claiming it would accept Bitcoin Cash at stores was fraudulent. It's the second big retailer after Walmart to fall victim to a fake crypto release in recent weeks https://www.bloomberg.com/... via @markets
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@thestalwart
Joe Weisenthal
on x
This is pretty bad. Kroger's website was designed to just pull in the PR Newswire, so that enabled the fraudulent press release about accepting BCash to appear on its official website https://www.bloomberg.com/...