Decentralized Crypto Networks ‘Must be Susceptible to 51% Attacks’: Litecoin Creator Charlie Lee

Ethereum Classic (ETC), the smaller spinoff of Ethereum, is still reeling from the 51% attack that was carried out on its blockchain, resulting in the theft of more than $1 million in ETC tokens and an almost 10% erosion of the cryptocurrency’s value. Reactions to this attack have been pouring in from various quarters, including […]

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Litecoin Price Leaps 11% — Here’s What’s Fueling the LTC Rally

Litecoin on Saturday surged more than 11 percent against the US dollar, setting a fresh 2019 peak. The litecoin-to-dollar rate established an intraday high at $37.539 on a bounce from near-term ascending trendline support. The “digital silver” cryptocurrency since December 27 was consolidating inside a strict range much like its peers across the crypto-board. The […]

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First Look: HTC Demos Crypto Smartphone Exodus at Slush 2018

Advertisement Ten years ago, consumer electronics manufacturer HTC made history when it released the HTC Dream, the first commercial device to utilize the Android operating system. A few months later, another monumental event took place, when Bitcoin creator Satoshi Nakamoto mined the BTC Genesis Block, birthing what Phil Chen — HTC’s “chief decentralized officer” — […]

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Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies

Advertisement Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume […]

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Litecoin’s Franklyn Richards Says Cryptocurrency Will Be Institutionalized — And That’s OK

Advertisement Twitter Facebook LinkedIn Everyone’s heard of Litecoin. Not to mention its charismatic creator Charlie Lee who sold all his LTC at the end of last year. A surprise move. Yet one that was meant to remove any conflict of interest between his active social media presence and the price of the coin he created. […]

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Litecoin Price Makes Slight Gain in Wake of Gemini Listing

Advertisement Cryptocurrency exchange Gemini has announced that effective Saturday, Oct. 13, at 9:30am EDT, customers will be able to deposit litecoin into their Gemini accounts. The New York-based startup headed by Cameron and Tyler Winklevoss made the announcement on Friday via a post on its website. Anticipated Market Impact In the announcement post, Eric Winer, […]

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Institutional Cryptocurrency Dealer SFOX Adds Litecoin Trading

Advertisement SFOX, a cryptocurrency prime dealer that caters to institutional investors and high-volume professional traders, has made litecoin the fourth cryptocurrency listed on its platform. The Palo Alto-based company, which was founded in 2014, made the announcement on Thursday, stating that it chose to add support for litecoin trading in response to demand from its […]

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Charlie Lee Defends Litecoin Against ‘FUD’ from Short-Sellers

Advertisement Litecoin creator Charlie Lee is striking back at what he calls a “concerted effort to suppress” the LTC price on the party of bearish traders and hedge funds who are attempting to short the coin. Writing in a thread posted on Twitter, Lee — who created LTC in 2011 and now develops it full-time […]

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Litecoin a ‘Significantly Overvalued Relic,’ Cryptocurrency Hedge Fund Claims

Advertisement Proponents of litecoin, the seventh-largest cryptocurrency, have long touted it as “silver to bitcoin’s gold,” the medium of exchange to BTC’s store of value. Much like physical silver, though, litecoin currently trades well below its all-time high, having plunged to about $55 from a peak of $358. However, according to cryptocurrency hedge fund Multicoin […]

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Litecoin Price ‘Massively Discounted’: Cryptocurrency Analyst

Advertisement Supporters of litecoin often tout the sixth-largest cryptocurrency as “silver to bitcoin’s digital gold,” but one cryptocurrency says it’s also a diamond in the rough. Writing in an eight-page report published on Tuesday, eToro senior market analyst Mati Greenspan argues that the litecoin price is trading at a “massive discount to what it should […]

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Litecoin Founder Charlie Lee Confirms LTC Support for HTC Blockchain Phone

Advertisement HTC Corporation has announced that Litecoin co-founder, Charlie Lee, will serve as an advisor to HTC Exodus, the native blockchain smartphone developed by the Taiwanese consumer electronics firm. One small step for @SatoshiLite. One giant leap for blockchain. Team @HTCExodus, @philchen913 @htc are honored to have Charlie Lee to join as our advisor. cc […]

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Buy a Whole Bitcoin Before Buying Any Altcoins, Says Litecoin Creator Charlie Lee

Advertisement It’s common for longtime cryptocurrency investors to advise newcomers to invest heavily in bitcoin and — depending on their proclivity toward “Bitcoin maximalism — ethereum before investing in what many of them not-so-affectionately refer to as s–tcoins. What’s less common, though, is for an altcoin creator himself to give that same advice. Yet that’s […]

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Robinhood Adds Bitcoin Cash & Litecoin Trading, Will Support Crypto Transfers

Advertisement Rapidly-expanding fintech unicorn Robinhood has added bitcoin cash and litecoin to the growing stable of cryptocurrencies that users can trade on the popular stock trading app. The commission-free stock trading app on Thursday announced that it had onboarded its five millionth user, marking yet another milestone for the firm which achieved a $5.6 billion […]

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Interview: UK Exchange Crypto Facilities Launches Litecoin Futures Trading

Advertisement A cryptocurrency futures trading platform based in the UK called Crypto Facilities is launching a new futures product allowing traders to take positions on Litecoin futures. Crypto Facilities CEO Timo Schlaefer spoke to CCN about the project. “We have seen extremely strong growth in futures trading volumes, up 84% in Q1 2018 on Q4 […]

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