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Blockchain Life 2021

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Someone Sent $99 Million in Litecoin, Costing Just $0.40 in Fees

Litecoin is Now the Third Most Valuable Public Blockchain after Bitcoin and Ethereum

January 4, 2021 by Dalmas Ngetich at Altcoins

Litecoin is now the third most valuable public blockchain, flipping Ripple (XRP), with a market cap of $10 billion. LTC only trails only Bitcoin and Ethereum with $630 billion and $94 billion, respectively, as per coin trackers on Jan 3. USDT Perched at Third as Litecoin Flips XRP, PayPal Triggers...

Litecoin Launches MimbleWimble Testnet for Enhanced Privacy and Scalability

October 6, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Litecoin (LTC) has announced the launch of the MimbleWimble (MW) testnet as part of plans towards creating a more private and scalable network, according to a blog post on October 5, 2020. Litecoin (LTC) Reaches Significant Milestone At a time when more and more financial authorities are pointing their searchlights on...

MimbleWimble Brings Privacy and Scalability to Litecoin (LTC), Test Network Before End of September

September 28, 2020 by Dalmas Ngetich at Altcoins

In two days, Litecoin developers will launch the test network of its highly anticipated MimbleWimble protocol in an update by the LTC Foundation chair, David Schwartz, on Sep 28. In development over the last year, the team is now working overtime in preparation for a network-significant upgrade that will finally scale...

Litecoin (LTC) Transaction Count Spikes 15X After Game Launch

September 23, 2020 by Dalmas Ngetich at Altcoins

Litecoin (LTC) transaction count has risen 15X following the launch of the LiteBringer--a decentralized, “idle” RPG PC-based fantasy game, on Sep 15. By Sep 22, there were over 139,000 transactions posted, up from 31k registered on Sep 13. Median Transfer Value Drops as Litecoin Draws Attention The LiteBringer is technically a shot in...

Grayscale Investments Announces Approval of Public Quotations for Eligible Shares of Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust

Grayscale Commences Public Trading for Bitcoin Cash (BCH) and Litecoin (LTC)

August 18, 2020 by Anthonia Isichei at Altcoins

Grayscale Investments revealed its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) are available for public trading. The move comes after the crypto hedge fund giant obtained Depository Trust Company (DTC) eligibility for the two products. Bitcoin Cash and Litecoin Shares Available to the Public The leading asset management company...

Litecoin SegWit Adoption Reaches 80% with Bitcoin Still Far Behind

August 17, 2020 by Osato Avan-Nomayo at Altcoins

Segregated Witness (SegWit) adoption on Litecoin (LTC) is reaching new heights as penetration on the Bitcoin (BTC) chain is beyond the halfway point. However, the delay in platforms like Blockchain.com to get onboard the SegWit train still means users are paying more in fees than are necessary. Litecoin SegWit Penetration...

FINRA Greenlights Grayscale’s Bid to Launch Litecoin and Bitcoin Cash Trusts

July 21, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Grayscale, a leading cryptocurrency asset management firm with $4 billion assets under management, has received approval from the United States Financial Industry Regulatory Authority (FINRA) to launch its Bitcoin Cash Trust and Litecoin Trust and make the shares available for public trading on over-the-counter (OTC) markets, according to a press...

Litecoin’s New v0.18.0 Upgrade Brings It Closer in Line With Latest Bitcoin Update

June 12, 2020 by Shaurya Malwa at Altcoins

Litecoin released its new update on June 11, quelling fears that development was not undergoing at the project that’s been around 2014. Litecoin’s Got New Features As stated on Github, Litecoin’s latest v0.18.0 update brings refinements to block and transaction handling, has optimized the network code and P2P protocol, brings...

BestChange.com Offers Best Industry Rates on Cryptocurrency Trading

May 25, 2020 by Aisshwarya Tiwari at Bitcoin

Obtaining the best rate for cryptocurrencies can prove to be a big challenge for crypto traders. Especially, in an industry typically dominated by centralized exchanges, awareness surrounding alternative avenues for trading cryptocurrencies and e-currencies is minimal. Thankfully, BestChange.com solves this problem by offering individuals a solution to swap cryptocurrencies or...

New Partnership to Integrate Litecoin (LTC) Into Atari Ecosystem

May 19, 2020 by Aisshwarya Tiwari at Altcoins

U.S.-based entertainment giant Atari Group on May 19, 2020, announced a partnership with the Litecoin Foundation to promote the awareness and mainstream adoption of the Litecoin (LTC) cryptocurrency. Atari and Litecoin Join Forces to Foster Digital Ecosystem Decentralized, fully peer-to-peer digital currency Litecoin has joined forces with major entertainment firm...

Litecoin (LTC) Withdrawal Now Available at Over 13,000 ATMs in South Korea

February 28, 2020 by Aisshwarya Tiwari at Altcoins

Litecoin Foundation – the non-profit in charge of the Litecoin (LTC) cryptocurrency on February 28, 2020, announced that it had partnered with fintech firm MeconCash to integrate LTC into its M.Pay platform. This partnership will allow LTC to be withdrawn to Korean Won (KRW) at more than 13,000 ATMs in...

Litecoin Foundation and Cred Partnership Allows LTC Holders Earn Interest up to 10%

February 11, 2020 by Aisshwarya Tiwari at Altcoins

According to a press release issued on February 10, 2020, Litecoin Foundation – the organization in charge of Bitcoin (BTC) fork Litecoin (LTC) – has partnered with financial services firm Cred to offer a wide array of services to LTC holders. Litecoin Foundation to Reward LTC Holders In a bid...

Litecoin (LTC) Sees Major Hashrate Decline in the Aftermath of Halvening

December 2, 2019 by Ashwath Balakrishnan at Altcoins

The block reward halving from 25 to 12.5 LTC per block was expected to be a bullish fundamental event for the network, but the exact inverse has occurred. Ever since price failed to take off post the halving, hashrate has declined 68 percent from the top as miners turned their...

Ron Paul Slams Traditional Banking, Advocates a Digital Currency Future at Litecoin Summit

October 29, 2019 by Aisshwarya Tiwari at Altcoins

At the Annual Litecoin Summit 2019, retired American politician Ron Paul put his weight behind cryptocurrencies saying that the traditional banking system is fake and that digital currency is the money of the future, October 28, 2019. Crypto Versus a Totalitarian Global Ecosystem Notable cryptocurrency advocate Ron Paul remarked that...

Litecoin Foundation’s Loafwallet Tapped for Cornerstone’s Cryptocurrency Payments Program

October 23, 2019 by Aisshwarya Tiwari at Altcoins

In a Medium post published on October 22, 2019, Cornerstone Global Management LLC announced its partnership with the Litecoin Foundation to utilize the latter’s native LTC wallet – the Loafwallet – as a preferred wallet for its cryptocurrency pay program CP3 (Crypto Pay & Pension Plan). CP3 to Officially Release...

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