Tag: charlie lee

Sep 14 2021

Damage Control: Litecoin Creator Charlie Lee On Fake Walmart News, “We Really Screwed Up”

Litecoin has recently been in the middle of recent controversy. News broke out on Monday that retail giant Walmart had partnered with Litecoin to start accepting payments in the cryptocurrency. The official-looking press release from both GlobeNewswire and Reuters was shared by major media outlets. And more importantly, was shared by the official Twitter account for Litecoin. Less than an hour after the...

Litecoin Creator Says Will Try to Figure Out Who Was Behind the Walmart Fake News

On Monday, September 13, rumors about Walmart supporting Litecoin payments stormed Satoshi Street. The news appeared on credible press-news distributer GlobeNewswire who has now pulled down the story after the Litecoin Foundation and Walmart confirmed no such reality. This led to what appears to be a classic case of pump and dump. In just one The post Litecoin Creator Says Will Try to...

Mar 10 2021

Litecoin’s MimbleWimble Code To Be Ready by March 15th

In brief: MimbleWimble core developer David Burkett has stated that code for the potential upgrade will be ready by March 15th On this date, the code will be ready for final review and formal auditing Miners will then agree on whether to implement the upgrade or not MimbleWimble has been running on the testnet for 3 months The code to Litecoin's potential MimbleWimble...

Mar 06 2021

NFTs are like ICOs in 2017 and Altcoins in 2013 – Litecoin Creator

Summary: Charlie Lee has compared the current NFT boom to ICOs in 2017 and altcoins in 2013 He cites that NFTs are easy to create, simple and are bringing in new people into crypto Charlie Lee went on to point out that an NFT is a digital certificate to a collectible Billionaire investor, Mark Cuban, is particularly interested in the NFT market Global...

Feb 14 2021

It Might Be Time to Forgive Charlie Lee For Selling his Litecoin Bag

In brief: Litecoin's founder, Charlie Lee, sold his LTC in late 2017 to concentrate on the project's development Charlie Lee received a lot of criticism for his decision to sell his Litecoin bag According to David Schwartz, Mr. Lee sold his Litecoin at an average price of $205 Litecoin is currently trading at $220 therefore it might be time LTC investors forgave Charlie...

Dec 11 2020

Litecoin Fdn. Partners With Hub to Deliver Virtual & Hybrid Events

Quick take: The Litecoin Foundation has an announced a partnership with Hub The partnership will be for the delivery of virtual and hybrid events to the crypto industry and Litecoin's over 1,000,000 global member community Such events are particularly important during COVID times that require social distancing Litecoin's global community will get rewarded for meaningful and trustworthy interactions The Litecoin Foundation has announced...

Oct 04 2020

Litecoin’s MimbleWimble is Live on Testnet, Full Activation in 2021

In summary: On the 1st of this month, Litecoin's MimbleWimble protocol was launched on the Testnet MimbleWimble developer, David Burkett, explained that the testnet version still has to undergo further testing before the Litecoin community can test it Full activation on the mainnet will be some time in 2021 On the first of this month, the MimbleWimble protocol on the Litecoin (LTC) network...

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