Amazing Crypto

Category: Litecoin

  • Halving reduced Litecoin’s mining hash rate by almost 30%

    Litecoin’s halving on Aug. 5 reduced the network’s mining difficulty and hashing power by almost 30 percent. The difficulty dropped from just under 16 million a day before the halving to 11.40 million on Aug. 22, raising questions about security and fee markets on the network. Litecoin’s halving drastically reduces network mining difficulty The world’s…

  • Three drug lords have their Bitcoin and Litecoin addresses blacklisted by US Treasury

    OFAC and FinCEN announced a coordinated effort to sanction three Chinese nationals for an international drug trafficking operation with profits laundered via Bitcoin and Litecoin. The culprits, identified as Xiaobing Yan, Fujing Zheng, and Guanghua Zheng, were accused of manufacturing and distributing lethal narcotics. These drugs contributed directly to the opioid crisis in the United…

  • Why Litecoin is more secure than Bitcoin Cash and Bitcoin SV

    Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. This dominance is critical for the security of LTC. Meanwhile, other coins which have minority control over their algorithm, such as Bitcoin Cash and Bitcoin SV, remain at high risk of malicious attack. On Aug. 12, Litecoin creator…

  • What’s next for Ethereum, XRP and Litecoin after the recent plunge ?

    Bitcoin is in the spotlight once again after Bakkt was granted the first approval from the CFTC for physically-settled Bitcoin futures. As the pioneer cryptocurrency takes the attention from the market, most of the altcoins have been left behind even plummeting to new yearly lows. The following technical analysis will explore how Ethereum, XRP, and…

  • Litecoin users on Binance fell victim to a dusting attack—here’s how to prevent it from happening to you

    Litecoin users on Binance fell victim to a large scale dust attack earlier this week, alarming the crypto community about this new type of malicious attack. While they’re not nearly as dangerous as phishing, knowing what dust attacks are can help people protect themselves and their crypto assets from danger. Crypto exchanges see dust attacks…

  • Charlie Lee refutes that Litecoin is “being abandoned,” active development continues

    Charlie Lee asserted Litecoin development is alive and well. Meanwhile, reports based on the project’s GitHub numbers suggest it is “being abandoned.” GitHub numbers suggest Litecoin is being abandoned? Litecoin has continued to receive scrutiny for its perceived lack of new code development. Electric Capital said Litecoin was “being abandoned,” with the project experiencing a…

  • Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices

    Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices

    A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think the recent spike in crypto prices is due to…

  • The Litecoin halving has concluded and LTC is up 9 percent

    The 2019 Litecoin halving has concluded. The halving is a fixed event that occurs every four years after 840,000 blocks are mined, reducing block rewards by 50 percent. As the time approaches, many investors wonder what would happen to LTC’s price. This technical analysis intends to determine the direction that Litecoin will take in the short-term.…

  • As Litecoin’s halving approaches, will LTC’s price surge, correct, or consolidate?

    Five days from today, Litecoin will go through a process called halving. This is a fixed event that occurs every four years after 840,000 blocks are mined, reducing block rewards by 50 percent. As the date approaches, how will LTC trade? Litecoin Technical Analysis At the moment, it seems like Litecoin could be mimicking its behavior…

  • PR: CheapAir.com and Bitcoin.com Partner to Serve Bitcoin Cash Travelers

    PR: CheapAir.com and Bitcoin.com Partner to Serve Bitcoin Cash Travelers

    CALABASAS, CA (July 31, 2019) – Online travel agency CheapAir.com and Bitcoin.com today announced a partnership to serve crypto travelers. Beginning today, more than 4 million Bitcoin.com Wallet users will be able to access CheapAir.com’s booking engine from their mobile app. The partnership will help crypto travelers find the best deals on flights and hotels…