#litecoin News

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...

FXCM Group Unveils Fresh Cryptocurrency Trading Product

October 15, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

FXCM Group, a leading forex trading and contract for differences (CFD) broker with presence in London, Australia, and Johannesburg, has announced the launch of its crypto trading product dubbed CryptoMajor. The firm says CryptoMajor will give retail customers exposure to a basket of five cryptos supported on the platform, including...

SoFi Users Can Now Trade Bitcoin, Ether, and Litecoin

September 27, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Ethereum

Social Finance, Inc. (SoFi), a United States-based online personal finance platform that offers student loan refinancing, mortgages, and personal loans has finally launched its cryptocurrency trading service. SoFi users can now trade bitcoin (BTC), ether (ETH) and litecoin (LTC) through its SoFi Invest service, reports Fortune on September 25, 2019....

Bitharp’s Newest Cryptocurrency Miners are a Resounding Success

September 23, 2019 by Aisshwarya Tiwari at Bitcoin

New Zealand-based cryptocurrency mining equipment manufacturer Bitharp on September 22, 2019, stated that its two newly released crypto mining rigs – Lyre Miner and Harp Miner – are becoming increasingly popular in terms of return on investment among both, seasoned and amateur digital currency miners. Bitharp Changing the Cryptocurrency Mining...

Telegram aiming for Button wallet holding bitcoin crypto blue

Telegram can Boost Cryptocurrency Adoption with Button Wallet, but at what Cost?

August 27, 2019 by Ashwath Balakrishnan at Altcoins

Crypto trading is coming to Telegram with support from Button Wallet, as per Forbes, August 26, 2019. The wallet provider unveiled it will be the first free cryptocurrency trading platform to run off Telegram's Open Network (TON), and they will be giving away Telegram's GRAM tokens to garner more users....

Maduro sitting infront of Petro coins on computer screens

Venezuela Launches Cryptocurrency Remittance Platform to Boost Capital Inflow in the Country

August 27, 2019 by Edoardo Vecchio at Altcoins

According to official news published by the Venezuelan government on August 26, the state-run remittance platform Patria Remesa is officially operational. Crypto Remittances Thousands of Venezuelan migrants fled their homeland years ago to find work and send remittances to their relatives since a few dollars could bear the costs of...

U.S. Treasury Discloses Bitcoin and Litecoin Addresses of Alleged Chinese Drug Smugglers

August 22, 2019 by Edoardo Vecchio at Crime

According to a press release dated August 21, 2019, the U.S. Treasury Department has blacklisted three Chinese citizens and one Chinese Entity for allegedly leading an online-based drug trafficking organization that was smuggling opioids inside the US. Criminals have been blacklisted and personal data have been disclosed including several bitcoin...

LTC Litecoins falling from a squeezing hand

Charlie Lee Sheds Light on Litecoin, Hints at MimbleWimble

August 12, 2019 by Ashwath Balakrishnan at Altcoins

Litecoin founder Charlie Lee has taken to Twitter to offer a more honest view on the state of Litecoin's network development. As per his Twitter thread, Litecoin adopts most of its code from Bitcoin with a few months lag, which causes people to believe that development activity has come to...

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