Tag: litecoin

Joseph Kim, a 24-year old Phoenix, Arizona resident has been sentenced to one and half year in jail for defrauding his former employers, Consolidated Trading and friends over $1 million in bitcoin (BTC) and litecoin (LTC), using the funds for his personal enrichment, reported Finance Magnates on November 18, 2018. Another Bad Actor Goes Down According to sources close to…

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A major talking point since the launch of the Bitcoin Core client, the bull run of 2017, and centralized custodial services has been user design. Many native crypto products are clunky and light years behind the sleek, blue-and-white aesthetic of the Twitters and Facebooks of web 2.0. And if grandmothers are the metric for adoption, there are still very few…

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Bitcoin Cash’s most vocal advocate Roger Ver and Litecoin creator Charlie Lee sat down for a conversation touching on various topics relevant to digital currencies as well as the cryptocurrency community. The debate was held at the end of the recently concluded CoinsBank Blockchain Cruise. While defined as an interview about the Lightning Network, the interaction between the two can…

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Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011. Lee wanted to create a cryptocurrency faster than Bitcoin and easily accessible, with the aim to process block in every two and a half minutes compared to ten minutes of bitcoin. (Source: Bitinfocharts) Currently, hashrate for litecoin is 247.29Th/s as shown in the graph above,…

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A GitHub report opened on September 17, 2018, revealed a recent bug in the Bitcoin Core versions 0.14.0 to 0.16.2. The exploit threatened to crash Bitcoin Core if the most recent version wasn’t updated. The anonymous reporter reached out to developers of the pioneer cryptocurrency with their findings, after which Anthony Towns, Hennadii Stepanov, Matt Corallo, Suhas Daftuar, Wladimir J….

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Coinbase continues to make strides in what they can offer, thanks to new detail surrounding a potential Bitcoin ETF announced September 6, 2018. Coinbase has enlisted help from Blackrock, an asset manager that handles over $6 trillion, for this endeavor. ETF Could Help Bring Crypto Investing To Masses Coinbase made headlines earlier this year in regards to their index fund…

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Come October 2018, and art patrons can purchase creative works at London’s Mayfair using one of the top eight cryptocurrencies. The global exhibition has always been at the cutting edge of the visual arts; it is now moving from fine art to fintech as allows patrons to pay with only cryptocurrencies in exchange for some of the most sought-after pieces on…

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High Tech Computer Corporation (HTC), will soon enjoy the consulting services of Litecoin creator Charlie Lee, after the latter revealed on July 29, 2018, his involvement in HTC’s cryptocurrency-powered smartphone, called “Exodus.” The Exodus-Litecoin Connection Lee stated he would spearhead the development of Exodus, in HTC’s push to appeal to the cryptocurrency enthusiast on the back of a dismal 2017…

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The revolution continues; since the first bitcoin ATM, Robocoin, was officially installed in Vancouver, Canada back in 2013, several regions of the world have been introduced to these innovative machines that make buying or selling bitcoin for cash a seamless process for cryptocurrency enthusiasts. Now, Moon Zebra, a Maltese fintech startup, has launched the first two-way cryptocurrency ATM in the…

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On July 10, 2018, Swiss cryptocurrency company TokenPay, in partnership with the Litecoin Foundation, acquired a 9.9 percent stake in Germany’s WEGBank AG with an option to purchase 90 percent of the latter’s business following relevant regulatory approvals. Augmenting Cryptocurrency Usage Announced on TokenPay’s blog, the blockchain development company detailed salient points of the noteworthy deal, singling out Litecoin’s “high-level…

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