Category: Litecoin News

Litecoin has officially entered a new phase with the launch of the LitVM testnet — a move that could significantly expand its role in the modern crypto ecosystem.

Mimble Wimble technology is incredible. It hides the sender’s address and lets you send secretly send Litecoin transactions without revealing transaction data. In order to remain compliant, many cryptocurrency exchanges have started either delisting Litecoin altogether or have asked users not to send any LTC using Mimble Wimble (MW) technology.

Last year, PayPal allowed its users to buy and hold four cryptocurrencies on its platform. This included Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Now, the PayPal has announced that it will allow users to withdraw these supported cryptocurrencies to external crypto wallets like Trust wallet, Coinbase wallet, imToken and so on.

Ledger Live is the app that is used by Ledger hardware wallet users (Nano S, Nano X etc) to manage their cryptocurrency funds securely. The latest version of this software, Ledger Live 2.41.3, is reportedly showing inflated balances of their cryptocurrencies, most notably Bitcoin and Litecoin.

Litewallet is officially endorsed as wallet of choice by Litecoin.org, the website behind the Litecoin project. This wallet is amazing – simple and easy to use. But lately, a slew of users have been complaining about unable to send funds from Litewallet, getting Send Failed Not Connected error. The only way to access those lost funds is by extracting private key from Litewallet and pasting them in another cryptocurrency wallet.

Litecoin is now supported on BRD wallet. This will allow BRD users to send, receive, buy and trade litecoin directly from their wallet. Available for both iOS and Android, BRD wallet is experiencing amazing growth  in latin america, Africa and India. 

Earlier today, official Litecoin twitter account, @Litecoin tweeted about Walmart, world’s biggest grocer has partnered with LTC Foundation and has started accepting LTC as one of its payment methods. Litecoin pumped as much as 30 percent within minutes and many reputable cryptocurrency websites posted about it.

Flare network is going to do an airdrop on all Litecoin holders, just ahead of its network launch in second quarter of 2021. This will allow Litecoin to be used on Flare with smart contract functionality. This will also give Litecoin interoperability.

Elly wallet is an all-in-one cryptocurrency payment application available for Android and iOS devise. Today, it has added support for Litecoin, which is one of oldest and most popular cryptocurrencies of all time.

Bitcoin Cash and Litecoin are two very popular cryptocurrencies and soon, you will be able to trade them like stocks on US stock market. By end of August 2020, users will be able to buy and sell BCH and LTC like do Apple’s AAPL and AMZN.