Only Centralized Crypto Networks Immune to 51% Attacks: Litecoin’s Lee

Ethereum Classic (ETC), the smaller spinoff of Ethereum, is still reeling from the 51% attack that was carried out on its blockchain, resulting in the theft of more than $1 million in ETC tokens and an almost 10% erosion of the cryptocurrency’s value. Reactions to this attack have been pouring in from various quarters, including …

Litecoin Price Leaps 11% – Here’s What’s Fueling the LTC Rally

Litecoin on Saturday surged more than 11 percent against the US dollar, setting a fresh 2019 peak. The litecoin-to-dollar rate established an intraday high at $37.539 on a bounce from near-term ascending trendline support. The “digital silver” cryptocurrency since December 27 was consolidating inside a strict range much like its peers across the crypto-board. The …

Litecoin Director Says Crypto Will Be Institutionalized–And That’s OK

Twitter Facebook LinkedIn Everyone’s heard of Litecoin. Not to mention its charismatic creator Charlie Lee who sold all his LTC at the end of last year. A surprise move. Yet one that was meant to remove any conflict of interest between his active social media presence and the price of the coin he created. But …

Litecoin Payments are Quietly Starting to Catch On

Join our community of 10 000 traders on Hacked.com for just $39 per month. One of the main critiques about Bitcoin is the digital currency’s troubles offering timely and cost-effective payments. Charlie Lee, the founder of Litecoin, foresaw Bitcoin’s future payment issues, and took action by designing a more payments-friendly blockchain.  After earning the nickname, …