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Category Archives: News

SegWit Date, MAST On Litecoin… Can LTC Gain Momentum?

May 2, 2017

Olusegun Ogundeji

Litecoin miners, pools and exchanges have been informed to prepare for the pending CSV and SegWit activation. The date has been confirmed in a note issued by Bitcoin Core contributor, Johnson Lau for around May ­11 at block 1,201,536. It could also happen earlier depending on hashrate....

“One Bitcoin, One House,” Nonsense or Reality?

Apr 28, 2017

Cindy23

“One Bitcoin, one house” has recently become a new expectation among Chinese Bitcoin investors. Zhao Dong, an old Bitcoin holder, said that not everyone has the luck to get rich. "When I first heard of Bitcoin in 2009, I didn’t take it seriously. I thought it was just something lik...

Baoquan close 25 million yuan angel round funding

Apr 27, 2017

chinabtcnews

27 April, Hanghzou-Baoquan, a blockchchain startup based in Hangzhou Zhejiang, close 25 million yuan (~3.6 million USD) angel round funding recently. The funding was led by Dingfeng Capital, Zhejiang Tsinghua Yangtze River Delta Research Institute of Hangzhou Branch, Jia Hui Z...

Has Decentralization Become the Panacea?

Apr 26, 2017

Cindy23

Thanks to the growing popularity of Bitcoin and other virtual currencies, the word decentralization has become the latest fashion in almost all business sectors. If one thinks a startup will be a failure, he will simply put it:  " This is not decentralized." Decentralization enthusiasts boas...

Litecoin Price Rallies as SegWit Looks Likely

Apr 25, 2017

Cindy23

Over the past 30 days the price of Litecoin skyrocketed from $4 on March 26 to $14.7 on April 24, nearly beating a three-year high. According to CoinMarketCap, Litecoin is currently ranked the fourth most capitalized cryptocurrency. It has outperformed Dash pushing it to the fift...

SegWit Confirms On Litecoin In 2 Weeks, LTC Could Hit $25

Apr 25, 2017

Olusegun Ogundeji

After much hassle, it has now been confirmed that the SegWit protocol will be activated on the Litecoin network by mid-May. Its founder, Charlie Lee, confirmed in a tweet that SegWit will lock in and activate at the end of period 7 which he later clarified will fall in May. Though th...