Category: Litecoin News

Auto Added by WPeMatico

Alex Wearn of IDEX – Cointelegraph Magazine

othman

“If you’d asked people in the late 1800’s what they wanted, they’d have wanted a faster horse and buggy. They didn’t know they wanted a car.” IDEX co-founder and CEO Alex Wearn is partial to the Warthog. Driving around in Master Chief’s weaponized vehicle brings back fond memories of playing “way too much” Halo during his college days. Wearn explains that the Warthog is analogous to the upcoming version of IDEX… it overcomes barriers and blasts the competition. But he doesn’t have much time to play video games these days,…

Read More

6 Questions for Paul Veradittakit of Pantera Capital – Cointelegraph Magazine

othman

Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week our 6 Questions go to Paul Veradittakit, a Partner at Pantera Capital. Pantera Capital is one of the earliest and largest institutional investors in digital currencies and blockchain technologies, managing over $1B at one point, and Paul focuses on the firm’s venture capital and hedge fund investments. Since joining in 2014 Paul has helped to…

Read More

A Newly Discovered Vulnerability in Ledger Wallet Could Be Disastrous If Not Properly Fixed

othman

A recent report contends that the Ledger app has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack. Mo Nokhbeh has claimed that Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions of different assets. This creates a vulnerability where a user’s wallet can be fooled into authorizing a transaction for a less valuable asset — such as Litecoin (LTC), Bitcoin Cash (BCH) or any other Bitcoin fork coin — when in reality, a Bitcoin (BTC) transaction is being released. Nokhbeh told Cointelegraph: “This app should…

Read More

BTC, ETH, XRP, BCH, BSV, LTC, ADA, CRO, BNB, LINK

othman

August 2 the total crypto market capitalization dropped from about $359 billion to $310 billion within a few minutes of Bitcoin (BTC) price surging above the $12K mark.  A fall of such magnitude usually drives away the bulls or at least keeps them at bay until the market stabilizes, but that is not what happened.  The bulls aggressively purchased the dips, which led to a sharp recovery, suggesting that the sentiment is bullish and traders expect the rally to continue in the next few days. Daily cryptocurrency market performance. Source:…

Read More

BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, LINK

othman

Bitcoin (BTC) has covered a considerable amount of ground over the past few years. Initially considered as an asset mostly used for unlawful activities, it has finally received the approval of the Office of the Comptroller of the Currency. This means banks in the U.S. will now be able to provide crypto custody services to their clients. This move could further encourage institutional investors to enter the crypto space because they are likely to trust their banks more than the other custody services on offer. However, funds are unlikely to…

Read More

Grayscale Receives FINRA Approval for BCH and LTC to Trade Publicly

othman

Crypto fund manager Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through shares of the firm’s cryptocurrency trusts. In the July 20 announcement, Grayscale said the Financial Industry Regulatory Authority (FINRA) in the United States had approved shares of the firm’s Bitcoin Cash Trust and Litecoin Trust for public trading. The two stocks will be available on OTC markets under the symbols BCHG and LTCN. Public trading for the two digital assets remains subject to full compatibility with the Depository Trust Company (DTC), the world’s largest…

Read More