Category: Litecoin News

Popular crypto currency wallet, Mobi Wallet, has added support for Litecoin. Surprisingly, this new version makes use of Litecoin’s new unit, Lites as default where 1 Litecoin equals 1000 Lites. Other than Litecoin, Mobi supports more than 100 crypto and fiat currencies including USD and Euro. Mobi wallet is available for both iOS and android phones for free. You can use the wallet for sending and receiving payments. However, keep in mind that the private keys are not made available to the user – just like coinbase.

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Charlie Lee is the founder and creator of Litecoin, which is one of the most popular crypto coin out there. Litecoin Core v0.15 has been released and with that, you will be able to start denominating the coins in lites with 1 litecoin equal to 1000 lites. Many people have been asking for this as litecoin has grown multifold in terms of value.

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Charlie Lee, who is the founder of litecoin has announced on his twitter account that he is testing lightning network on the mainnet. Bitcoin has already locked in segwit. You can now expect announcement of atomic swaps between litecoin and bitcoin anytime soon. This pumped the litecoin’s value to $55 for few minutes but it later came to 50 dollar.

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Litecoin developer team has churned out release of 0.14.2 to the public. This is a major release that includes new features and of course, many bug fixes and performance improvements. All the users are requested to upgrade to this new version.

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Coinhako is a popular crypto currency exchange in Malaysia and Singapore. Currently, it offers trading in bitcoin and ethereum but there will soon be a new member. If the words from the famous, Charlie Lee are to be believed, the exchange will soon be adding support for Litecoin so you will be able to buy Litecoin using fiat currency. He said this after tweeting Coinhako to add litecoin on their platform.

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Torguard is an anonymous VPN service which lets you project your privacy online with VPN and proxy service. The site is now offering 10 percent to all users that checkout using litecoin. Litecoin has been getting excellent publicity with its low transaction fees and faster transaction time.

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Litecoin wallet has been disabled on the popular crypto currency stock exchange, Poloniex. This is the message that has been posted on Poloniex website.

LTC is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the LTC team. Any updates must be tested and audited before enabling.

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A new contract trading website called Libertex has been launched with support for both bitcoin and litecoin. This allows one to stake on either buying or selling of the crypto currencies. Andew Nikolaev who is the business development manager of Libertex said,

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Last few days have been great for the Litecoin users. The Litecoin broke its all-time high yesterday and showed strong growth today as well. The price increased did not because of any hype but by all the positive news surrounding litecoin crypto currency.

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