Tag: litecoin

One of the most established exchanges in South Korea, Korbit, has added support for an additional cryptocurrency, litecoin (LTC), known as the silver to bitcoin’s gold. Korbit has announced their introduction of litecoin on April 17, 2018, incentivizing their customers to trade litecoin by offering the top six traders prizes. Within the cryptocurrency market, Litecoin is one of the top…

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Martijn Wismeijer, a marketing manager at General Bytes, the bitcoin ATM manufacturing firm, has gone to great lengths to safeguard his bitcoin holdings. In 2014 he paid a body piercing artist $75 to inject a chip underneath his skin to store the cryptocurrency. The chip is a xNT near-field communication (NFC) microchip device, and it is approximately the size of…

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According to recent reports, the hackers responsible for the January 2018 NEM heist from the Coincheck cryptocurrency exchange platform may have successfully laundered all their stolen NEM coins (XEM). Laundering the Loot In March 2018, BTCManager reported that the Coincheck hackers were laundering their loot on dark web cryptocurrency exchange platforms. At the time of the report, it was believed…

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After disappointing news for litecoin users following the failure of LitePay, Charlie Lee recently highlighted that litecoin-branded debit cards would soon be made available via TenX. Right from its inception, the mantra for TenX has been to create a robust cryptocurrency payment platform, with the goal of making it easy to use cryptocurrencies in the real world. To this end,…

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Coinbase announced the launch of the Coinbase Commerce API on April 3, which makes it easier for merchants to accept cryptocurrencies as part of their existing e-commerce solution. The API (Application Programming Interface) enables the merchant to automatically generate the option of paying with cryptocurrency and use the infrastructure provided by Coinbase; a seamless adoption which doesn’t require them to…

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When the mysterious Satoshi Nakamoto put forth his ideas for the creation of bitcoin in the 2008 white paper, one of the most obvious philosophies was the elimination of centralized systems and their replacement with a decentralized network. This idea was not unique to Nakamoto alone as many of the pioneers of the blockchain were unanimous in their desire to…

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By now, you have probably noticed that policymakers in the United States, well, at least a section of them, are cozying up to the concept of digital currencies and all the good that it can bring to the world. Better than Expected In yet another significant indication that policymakers and the bureaucratic machinery are taking the ever-growing crypto economy seriously,…

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LitePay, a payments based service, and the Litecoin (LTC) Foundation have apologized to investors and the general about ceasing LitePay operations, in a statement dated March 26. LitePay had abruptly ceased its operations just before making the announcement. Industry observers were quick to term it an alleged ‘Exit Scam.’ The Litecoin Foundation received a statement from Kenneth Asare, CEO of…

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The largest Indonesia Digital Asset Exchange known as INDODAX which deals with the buying and selling of cryptocurrencies such as bitcoin, ether, litecoin etc. is poised to overtake its country’s century-old stock exchange. INDODAX was earlier known as Bitcoin.co.id which began its operations since 2014 currently has 1.14 million members. According to its Chief Executive Officer Oscar Darmanwan, INDODAX will…

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Bitcoin is no doubt the king of cryptocurrencies. However, the Bitcoin blockchain has a severe scalability issue that is threatening to make the world’s flagship cryptocurrency lose its golden crown if proper care is not taken. A handful of experiments have shown in recent times that the Lightning protocol would surely make bitcoin great again. Now, Lightning Labs, a team…

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