Cryptocurrency Analysis and News Portal
The price of Litecoin rose to more than $237 this morning following erroneous reports from major news outlets that U.S. retailer Walmart would be introducing a payment option for the cryptocurrency on all its eCommerce websites.CNBC, Reuters, Decrypt and others reported on Monday that Walmart planned to have a “Pay
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week Infrastructure bill passes US Senate — without
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North American retail giant Walmart is looking for an experienced crypto expert who can develop and drive an ambitious digital currency strategy and product roadmap. In the listing for the role, Walmart indicates it is looking for someone who has a track record in leading and scaling businesses, with at least
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In Q1, the net income of Walmart was $2.73 billion. This increased the earnings per share by 97 cents.The retail giant Walmart Inc (NYSE: WMT) reported its earnings for Q1 which surpassed estimates. If the results are anything to go with, the company has a bright outlook for the year
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Google Pay and Walmart’s PhonePe continue to dominate the digital payments sector in India built on the country’s United Payments Interface (UPI), a shared payments infrastructure initiated by the state and joined by 200 Indian banks. According to data released by UPI’s governing body, the National Payments Corporation of India (NPCI),
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Walmart’s surprise bid for TikTok coincided with Facebook unveiling the Shops feature on its main app. The big-box retailer’s experience in China, where social commerce is more advanced, gives it an edge. Walmart’s online ad business stands to benefit, too. Just days after Facebook (NASDAQ:FB) doubled down on its social commerce ambitions by
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The Dow Jones rose 0.9% Thursday. Federal Reserve chair Jerome Powell indicated in his speech that the U.S. economy would be free to run hot. Walmart stock surged despite weak jobless claims data after a report suggested the company will be making a run on TikTok with Microsoft. The Dow Jones rallied 180
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Walmart has become the latest major conglomerate to join open-source blockchain consortium Hyperledger. Walmart is among eight new members to join the platform. The new members were announced on March 3 at the Hyperledger Global Forum 2020 in Phoenix, Arizona.Sanjay Radhakrishnan, the vice president of Walmart Global Tech, expressed
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Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release.The new system, which was developed in collaboration with blockchain company DLT Labs, is designed to improve freight and payment processing,
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