Category: Litecoin News

Verichains, a leading provider of blockchain security solutions, has announced that the firm discovered critical Key Recovery Attacks in Popular Threshold Signature Scheme (TSS), a Multi-Party Computing (MPC) protocol. MPC is one of the most popular technologies used by multiparty wallets and digital asset custody solutions. With these vulnerabilities, many of the current safety protocols will be impacted. It has quickly become the standard for securing digital assets of many major blockchain and financial organizations, such as the largest global custodian bank BNY Mellon, Europe’s largest neobank Revolut, ING, Binance,…

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On Tuesday, the U.S Commodity Futures Trading Commission (CFTC) announced that it filed a lawsuit against the largest crypto exchange, claiming that it did not take the necessary measures to verify the customer’s true identity and profited from this action. A response was delivered in less than 24 hours. CZ made a brief statement on Binance’s official website to deny the latest charges. The CEO of Binance emphasized two points – first, Binance’s compliance with regulations, and second, the exchange’s trading rules. Binance always acts in compliance with American and…

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The last couple of years have marked an increase in the overall public awareness of cryptocurrencies worldwide. In return, a larger number of people have expressed their interest in purchasing or earning digital currencies. While buying your favorite coin via an exchange is likely the easiest way to enter the cryptocurrency market, this industry is full of surprises – therefore a noticeable amount of coin can be earned for free. As such, this article will cover the main methods that can be leveraged in order to obtain free crypto. Do…

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Nasdaq plans to capitalize on the growing demand for crypto-related services and help drive further innovation in the space. The news came amid endless turbulence and increased regulatory pressure. Nasdaq’s crypto custody services are already underway, according to Bloomberg’s report on March 24. The launch is expected to occur by the end of June this year. In September 2022, Nasdaq announced the establishment of Nasdaq Digital Assets, a division dedicated to offering crypto custody services. The move carried a competitive message, especially since other financial giants such as Fidelity Investments,…

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Summary: MicroStrategy bolstered its Bitcoin bag with a 6,455 BTC purchase worth around 150 million at today’s prices. Former CEO Michael Saylor noted that the company also repaid its $205 million Bitcoin-collateralized loan at a 25% discount. Saylor’s digital asset firm now holds around 138,955 BTC worth approximately $4.14 billion. Digital asset powerhouse MicroStrategy recently bought more Bitcoin for $150 million and repaid its BTC-collateralized loan to troubled crypto-friendly bank Silvergate, per a filing with the U.S. Securities and Exchange Commission. The company scooped up some 6,455 BTC at an…

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Zignaly is a trading terminal with cryptocurrency trading bots that lets you trade automatically with help from external crypto signal providers. Zignaly is incredibly easy to use and can be utilized as a passive income machine. The platform lets you easily connect with a TradingView account, so you can use it with your favorite indicators. Alternatively, you can use the Zignaly trading terminal to create your full strategy at once. Visit Zignaly Signal Providers At the time of writing, Zignaly supports 21 different cryptocurrency signal providers, but the list is…

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In this review, we will be taking a look at Uphold, a platform that supports many crypto assets and functionality. If you are wondering if Uphold is the best option for you to trade crypto, we have you covered. Trade between cryptocurrencies, precious metals, U.S. equities*, and national currencies in one easy step. Let’s jump in! Visit Uphold What Is Uphold? Uphold describes itself as a “global multi-asset digital trading platform”. Founded back in 2015, it has quickly grown to become one of the major destinations for people looking to…

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Do Kwon, the notorious name behind Terra’s collapse, was reportedly under arrest by Montenegro’s watchdogs at Podgorica Airport on March 23. The news broke out amid the Arbitrum listing taking the community by storm. A Twitter account believed to be Filip Adzic’s, minister of the interior of Montenegro, said that Montenegro’s watchdogs arrested one of the most wanted, Do Kwon – co-founder of Terraform Labs. Local news outlet Vijesti later confirmed that it was the official account of the minister. To wit, “Montenegrin police have detained a person suspected of…

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The Fed’s rate hike is hitting the markets. Notably, XRP’s price took a deep dive almost as quickly as it had picked up yesterday. The Federal Reserve (Fed) has raised the interest rate by 25 bps to 5%, the highest level since June 2016. During the FOMC meeting on March 22, Jerome Powell, the Fed Chairman asserted that Fed acknowledged the recent turmoil in the banking sector and prompt actions were necessary to stop spreading contagion. However, curbing inflation remains Fed’s priority; and the agency will stick to this goal…

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Texas’ Bitcoin mining industry has shown growth amid turmoil in the crypto industry and concerns over power consumption.  Power consumption of Bitcoin miners in the state has risen 75% over the past year.  Some counties in the state of Texas have offered tax incentives along with wind and solar energy to miners.  A Texas lawmaker recently introduced legislation to protect miners operating in the state.  The ripples from the turmoil in the broader crypto industry seem to have missed the bitcoin mining industry of Texas. The growth in the power…

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