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Litecoin Turns 8 — Charlie Lee Says Foundation Not Near Bankruptcy

News As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off crypto Twitter’s FUD — fear, uncertainty and doubt — about the altcoin. Lee’s original post was the exuberant announcement that: “Litecoin network has been up and running continuously for the ..

‘No More FUD’: Charlie Lee to Crypto Community on Litecoin Birthday

The world’s sixth largest crypto asset had a birthday over the weekend. On October 7 2011, Litecoin was released via an open-source client on GitHub, the LTC network went live a few days later on October 13. It is now eight years old and has outlasted countless other crypto assets yet still receives..

Tron’s Justin Sun to Reschedule Warren Buffett Lunch ‘Very Soon’

News Tron founder and CEO, Justin Sun, says he’ll reschedule his charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett “very soon.” The CEO announced the news during a live stream on Tuesday, Sept. 24. An open invitation to the leader of the free worldAs reported, Sun had ..

Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse

A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, des..

LTC Founder Charlie Lee Discloses Investment in BTC Development Firm Casa

News On Aug. 16, Litecoin (LTC) founder Charlie Lee disclosed in a tweet that he is “an investor in Casa,” a Bitcoin (BTC) personal key security firm. He also noted that he has high hopes for the company: “I have the same feeling about Casa today as I had about Coinbase when I joined in 2013 as th..

Nobody Interested in Working on Litecoin Protocol, Says Charlie Lee

Leaked conversations between Charlie Lee and other principle actors involved with Litecoin show evidence of no significant work being done on the cryptocurrency code since the start of 2019. Charlie Lee Dropped the Ball According to a Reddit post submitted less than a week ago, the Litecoin code de..

Litecoin Creator Charlie Lee Rebuts Development “FUD”

For a while now, Litecoin has been under fire from its critics. Ever since the project’s creator, Charlie Lee, decided to liquidate his savings over concerns of “conflicts of interest”, many in the cryptocurrency community have grown skeptical of Litecoin. While Lee had good intentions when he cash..

Litecoin Halving Aftermath: LTC Price, Hash Rate, Community Reaction

Follow up Litecoin (LTC) has just experienced an event that happens once in four years: the second halving. On Aug. 5, 2019, Litecoin rewards for producing a block were halved from 25 LTC to 12.5 LTC. At a speed of 2.5 minutes per block produced, halvings occurs every 840,000 blocks. Ahead of the ..

BTC and LTC Halving ‘Shock’ May Be Mitigated by Merged Mining: Report

News The effect of block reward halvings for both Bitcoin (BTC) and Litecoin (BTC) mining could be mitigated by merged mining, according to a report by a research arm of major crypto exchange Binance released on July 12. Following Charlie Lee’s prediction that some miners may shut down Litecoin mi..

Charlie Lee: Next Month’s Halving Will Be a ‘Shock’ to Litecoin Mining

News Litecoin (LTC) creator Charlie Lee has predicted that miners may shut up shop after the coin’s upcoming halving this summer. In an interview with Australian crypto news site Mickey on July 10, Lee reflected on the possible implications for Litecoin’s mining ecosystem when the planned halving..

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