LITECOIN
A peer-to-peer cryptocurrency based on the Scrypt proof-of-work network. Sometimes referred to as the silver of bitcoin’s gold. Litecoin was an early bitcoin spinoff or altcoin, founded by Charlie Lee in October 2011. Litecoin was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes) and the increased maximum number of coins alongside different hashing algorithm (Scrypt, instead of SHA-256).
Litecoin (LTC) Exploited: 13-Block Reorg Triggers Finality Debate
Litecoin patched a zero-day bug leading to a rare 13-block chain reorganization, raising concerns over transaction finality and network security.
Bitdeer BTDR Unveils SEALMINER DL1 Air for Litecoin and Dogecoin Mining
Bitdeer launches SEALMINER DL1 Air Scrypt miner with 25 GH/s hashrate and 149 J/GH efficiency, targeting LTC and DOGE miners seeking operational flexibility.
Binance Pool Introduces Merged Mining for LTC, DOGE, and Bellscoin (BEL)
Binance Pool now supports merged mining for Litecoin (LTC), offering rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).
Binance Pool Introduces Merged Mining for LTC with Rewards in LTC, DOGE, and BEL
Binance Pool launches Bellscoin (BEL) merged mining, allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL.
Bitcoin Dominates Digital Asset Fund Flows with $140M Inflows in a Week
In the past four weeks, digital asset investment products have seen a significant surge in inflows, totaling $742 million, according to the latest weekly report from CoinShares. This marks the largest run of inflows since the final quarter of 2021.
$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice
In the latest update from CoinShares, digital asset investment products have seen a significant inflow of $136 million in the past week. This surge marks the third consecutive week of inflows, totaling $470 million, effectively offsetting the outflows observed in the preceding nine weeks.
Litecoin Enters Top 20, Soared Over 28% in The Last 7 Days, Here Is Why
Investors are upbeat about Litecoin since the beginning of this month. The token has outperformed in the past few days, with the market cap reaching $4.91 billion.
Litecoin Mining Difficulty Hitting A New All-Time High Of 17.99 Million Hashes
Competition among Litecoin miners has reached a new record high as the network’s mining difficulty on Friday hit a new all-time high.
Colorado Becomes First US State to Accept Crypto as Tax Payments
Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes in cryptocurrencies.
Major Korean Exchanges Delisting Litecoin Subject to New Privacy Feature Concerns
Five major South Korean crypto exchanges issued investors’ advisories concerning Litecoin. These exchanges said they are committed to preventing money laundering and crime through technology.
Top 3 Tokens to Watch this Week: BTC, LTC & DOT
As the new week unravels with its own fundamentals, here are the top three coins to watch.
Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets
Victims of BitConnect fraud scheme have a reason to smile about after a court order granted the sale of cryptocurrencies accrued from the scam.
US Bank Debuts Crypto Custody Services for Fund Managers
America’s fifth-largest retail financial institution, US Bancorp, also known as US Bank, is set to provide cryptocurrency custody services.
Walmart Clarifies False report, Not Accepting any Litecoin for Payment
On Monday, retailer Walmart issued a clarification to debunk a false report concerning a partnership between Walmart and Litecoin (LTC). Walmart stated that it has no relationship with Litecoin.
How Will Litecoin Perform in 2021?
Litecoin has gained momentum since March 2020 but it is also trading significantly below its all-time high making the cryptocurrency a solid contrarian bet right now.