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Tag Archives: Litecoin

Litecoin to Lose Steam as Lightning Network Gains Traction?

Jan 20, 2019

Olusegun Ogundeji

A payment gateway for blockchain payments has launched the processing of Lightning Network payments on Litecoin network. The news from CoinGate comes in the wake of claims raised that more Litecoin in existence are getting concentrated in fewer hands. Published figures show that the top 100...

2019: ‘Bitcoin Me-Too’ Coins Like BCash, Litecoin may Fade Away

Jan 6, 2019

Olusegun Ogundeji

The tenth anniversary of mining the genesis block of the Bitcoin blockchain was marked this week. It ushers in a new decade of expectation with regards to the top digital currency. However, as industry insiders talk about the areas the world's top cryptocurrency needs improvement in coming years...

Litecoin Undervalued, Best For Retail Adoption – Report Claims

Aug 3, 2018

Olusegun Ogundeji

Amidst the current bearish crypto market, a new report claims that Litecoin is better positioned to gain wider retail adoption over others by being used for small transactions. The report by eToro, a social investing platform, would add to the buzz in the build-up to the forthcoming 2-day Globa...

Get One Bitcoin, Litecoin Founder Advises Investors

Jul 17, 2018

Olusegun Ogundeji

Coming from the founder of a cryptocurrency that has been around for a while, Litecoin's Charlie Lee's latest tweet for investors to own at least one Bitcoin before any other - including Litecoin - has been met with mixed feelings. Their bone of contention with the tweet which says that ...

Analysis: Litecoin’s 10% Stake In A German Bank

Jul 12, 2018

Olusegun Ogundeji

The news came almost quietly after it has been earlier rumoured. The Litecoin Foundation and TokenPay have entered into a strategic partnership to buy a stake in a German bank, WEG Bank AG. The bank confirms TokenPay Swiss AG and the Litecoin Foundation as investors on its websi...

Litecoin Next Main Dark Web Currency?

Mar 30, 2018

Olusegun Ogundeji

What it would mean for Litecoin if it becomes the next dominant dark web currency is not clear. However, that is what a new study carried out by a team from Recorded Future suggests. The team includes software engineers, data scientists and technical business people. Their expertise is in...

After Litecoin Founder Charlie Lee Sold All His Litecoin

Dec 22, 2017


Over these days, the breaking news in the cryptocurrency circle is that Charlie Lee, the creator of the world’s fifth-biggest cryptocurrency, Litecoin, unexpectedly "sold and donated" all of his litecoin on Wednesday this week. "Litecoin has been very good for me financially, so I am well of...

Litecoin And First Lightning Cross-Chain Swap

Nov 20, 2017

Olusegun Ogundeji

The first ever Lightning cross-chain swap from Bitcoin to Litecoin has been announced. Though still in a testing phase, the Lightning Labs team say they successfully swapped testnet Bitcoin for testnet Litecoin via a lightning channel to confirm the experiment. It resulted in the owner...

Litecoin Weathers Storm, Breaks New Price Reach

Sep 1, 2017

Olusegun Ogundeji

The cryptocurrency known to be the silver to Bitcoin’s gold reached two milestones this week: its asset’s price hit $60 and market cap rises above $3 billion. Unlike several other alternative currencies whose prices swing sometimes arbitrarily in reaction to a new development, what’s been ...