Roblox Denies Supporting XRP Payments
The crypto industry has once again been hit with false news, this time involving gaming giant Roblox. Earlier this week, rumors spread that Roblox had started accepting XRP payments. However, the company has publicly denied these claims and stated that the information is inaccurate and false.
Bitpay’s Misleading Announcement
The rumors began when Bitpay, a Bitcoin payment service provider, made a post on social media claiming that video game company Xsolla had started accepting cryptocurrency payments, including XRP. Bitpay tagged several gaming companies, including Roblox, which led to speculation that Roblox had integrated XRP payments. Bitpay has since retracted its announcement, but the false information had already spread across various networks and news outlets.
Roblox’s Payment Methods
Roblox currently maintains its primary payment methods, which include debit and credit cards, as well as Roblox Gift cards. The company has made it clear that it does not support any form of cryptocurrency payment methods, including Bitcoin.
A Week of Fake News in Crypto
This week has seen a surge of fake news and misinformation in the crypto industry. Much of this information remains unverified and lacks credibility. One notable example is a fake report about the approval of BlackRock’s Bitcoin ETF by the SEC. This news led to a price rally for Bitcoin before being debunked by the SEC.
In response to the SEC’s statement, pro-Ripple lawyer John E. Deaton disputed their credibility and urged people to rely on information from independent judges instead. He emphasized that judges serve as oversight and a check on the SEC, shaping our understanding of the regulatory body.
Hot Take: False News Continues to Impact Crypto Industry
The crypto industry continues to be plagued by false news and misinformation, which can have significant consequences for investors and market movements. It is crucial to verify information from reliable sources before making any investment decisions or drawing conclusions about the industry. Stay vigilant and rely on trustworthy news outlets and independent experts for accurate information.
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