Tag: litecoin foundation

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...

Jul 24 2021

Litecoin Whales Have Increased Their Holdings by 270k LTC in July

Litecoin whales holding 1k to 100k LTC have increased their holdings by 270k in the month of July Unique addresses on the Litecoin network have also grown by 47.5% in the last 10 days Litecoin's on-chain metrics are bullish. However, LTC's fate is tied to Bitcoin's Litecoin has pushed above a descending triangle that had formed since mid-May The 50-day moving average is...

Jun 18 2021

Nascar Driver Landon Cassill to Receive his Salary in Litecoin (LTC)

Nascar Driver Landon Cassill will receive his entire payment in Litecoin (LTC) Mr. Cassill will be the first Nascar Driver to be paid entirely in cryptocurrency The payment in Litcoin is part of a 19-race sponsorship deal with Voyager At one point, Charlie Lee helped Landon Cassill understand Litecoin when he was mining LTC in his basement Nascar driver, Landon Cassill, will start...

Jun 04 2021

Litecoin’s MimbleWimble to be Activated Around the End of 2021

Litecoin's MimbleWimble protocol is on track for activation around the end of the year The Litecoin MimbleWimble code is currently being reviewed and audited by developers The team at Litecoin has requested any interested developers to join the MimbleWimble Telegram channel to help with the process Like Bitcoin, Litecoin is struggling to recapture the 200-day moving average as support The activation of the...

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...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: