Litecoin (LTC) transactions are now available via encrypted messenger app Telegram, Litecoin founder Charlie Lee tweeted today, Aug. 9. A bear market is the best time for people to work on adoption. Check out https://t.co/Ua8LQz9f4h. Send and recieve LTC on telegram. Eventually, it will support SMS also. Great work @ztxrepublic team! 👏 We build it and they will come. Adoption is key! — Charlie Lee [LTC⚡] (@SatoshiLite) August 9, 2018 The new Litecoin feature Lite.im was developed by blockchain startup Zulu Republic. Based in Zug, Switzerland, the firm develops decentralized applications (DApps) and “is an ecosystem of digital platforms built …

Litecoin (LTC) founder Charlie Lee tweeted July 29 that he will be an advisor for HTC’s new smartphone Exodus, which will support LTC and the Lightning Network (LN). In acknowledging Lee’s new advisory position, HTC tweeted: “One small step for @SatoshiLite. One giant leap for blockchain.” As previously reported by Cointelegraph, HTC is seeking to enter the crypto space with a mobile device that includes decentralized ledger technology (DLT), announcing the Exodus as “the first native blockchain phone” in May. In June, the company clarified that the Exodus will instead contain a cryptocurrency wallet that will support Bitcoin (BTC) and …

Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG. In his post, Lee mentioned the possibility of the bank offering crypto services. Last week, the Litecoin Foundation acquired a 9.9 percent share in WEG Bank through a new strategic partnership with crypto-fiat payments firm TokenPay. In exchange for providing its blockchain, logistics, and marketing expertise to TokenPay’s crypto and business operations, Litecoin received TokenPay’s former 9.9 percent stake in WEG. In his post …

Self-styled “decentralized” exchange platform Bancor pledged to tackle cybercrime threats to cryptocurrency entities in a blog post July 12 as it resumed operations following a $12 mln hack this week. Summarizing the platform’s future plans in the post, co-founder Guy Benartzi also announced that Bancor’s internal tools that helped tracked its hacked funds would be made available to a wider audience. This move will form a precursor to a major crime-fighting initiative which Benartzi hopes will result in contribution of “resources and capabilities to fight criminals together.” The initiative, described as a “coalition of crypto defenders,” will involve the platform …

Stablecoin Tether (USDT), which is allegedly backed 1:1 by the US dollar, has issued 250 million more tokens today, June 25, according to data from Omni Explorer. At the end of March, Tether had released 300 million tokens, leading to a small price increase for Bitcoin (BTC). The move also was met with backlash from critics on Twitter about the controversy surrounding the stablecoin’s lack of an official public audit to confirm the legitimacy of its claims to be backed by fiat. More recently, Tether had made the news when a new study compiled by the University of Texas suggested …

The recent hack of leading crypto exchange Bithumb “doesn’t really change the fundamentals of Bitcoin” Litecoin (LTC) founder Charlie Lee stated in an interview with CNBC June 20. According to Lee, the price drop is a typical reaction of the market to the news about the hack, and “it happens all the time,” because people get scared. According to Lee, the hack of a crypto exchange does not affect Bitcoin’s (BTC) fundamentals just in the same way as a bank robbery should not affect the price of gold: “If the exchange does not protect the coins well enough and gets …

Charlie Lee, former director of engineering at Coinbase crypto exchange and the creator of Litecoin (LTC) has expressed his intention to make the altcoin a global decentralized cryptocurrency in an interview with TenX made Friday, April 27. He also claimed that that goal would require him to eventually “step away” from Litecoin as its leader. Having a chat with Charlie Lee (@SatoshiLite ) in a few minutes on $LTC, @tenxwallet , and many other things - join us live: https://t.co/Fe8BJ3NBh3 — Dr. Julian Hosp (@julianhosp) April 27, 2018 In the interview, Lee suggested that Litecoin and Bitcoin (BTC) are “working …

The festive season is in full swing and those who celebrate Christmas have enjoyed turkey dinners, presents under the tree and long Christmas specials on TV. But for many of us involved in the world of cryptocurrencies, this has been one Christmas Special we will never forget. November was an extraordinary month, as Bitcoinsmashed barrier after barrier on its way to the $11,000 mark. Despite multiple corrections, time after time, the virtual currency bounced back from volatile swings in price. Some called it a bubble, others said is was just the tip of the iceberg, but no one predicted the …

Bitcoin continues to push past $4700 as Charlie Shrem claims any price below $100,000 per coin is “cheap.” Part of an increasingly large and prominent group of well-known names highly bullish on Bitcoin, Shrem made the comments on Twitter Thursday as the overall cryptocurrency market cap topped $170 bln. There will only ever be 21 Million #Bitcoin. Its becoming increasingly harder to buy just 1. Anything below $100,000 per #Bitcoin is cheap — Charlie Shrem (@CharlieShrem) August 31, 2017 Bitcoin reached a new all-time high in the past 24 hours’ trading, coming in at $4740 on Bitstamp from a low …

Litecoin has hit what creator Charlie Lee has called two “milestones,” passing $60 and a $3 bln market cap for the first time. Data from Coinmarketcap showed Sunday delivering Litecoin’s best performance in its four-year history based on Chinese and South Korean trade volumes. At press time, its market cap had increased further to $3.2 bln, while cross-exchange prices averaged around $61.50, slightly below the all-time highs reached Sunday. Both Lee and even mainstream media sources were keen on celebrating the success, which comes as Bitcoin follows Litecoin in activating SegWit. Litecoin reached 2 milestones today: $60 and $3B marketcap! …

What is Tether? Tether is a cryptocurrency that represents real currencies in a Blockchain market. The project was founded in November 2015. It has two tokens USDT and EURT, which were made as analogues of USD and EUR in a Blockchain world. These cryptocurrencies are closely connected with the exchange Bitfinex. At first, Tether was based on the Bitcoin Blockchain system, but in June 2017, the transition to Litecoin was declared. Since May 2016, Tether capitalization increased rapidly. At the end of August 2017, it amounted to approximately $320 mln. During 2016, there were no significant changes in the circulation. …

Litecoin Founder Charlie Lee recently shared with CNBC his position in the controversial Bitcoin split. In the interview, Lee brushed off any worries and anxiety regarding Bitcoin Cash’s coming into the picture of growing alternative cryptocurrencies. When asked about how Litecoin is playing into the mix, Lee said the split is not a big concern for Litecoin, but more towards the original Bitcoin. Lee says: “I don’t see it really as a threat to Litecoin and it’s causing more confusion to Bitcoin than anything.” Litecoin advantage Meanwhile, with the advent of so many cryptocurrencies, Lee shared Litecoin advantage over the …