Litecoin
Litecoin: What It Is & How It Works
Often referred to as the little brother of bitcoin, litecoin is a peer-to-peer cryptocurrency that has gained fairly widespread adoption since its inception in 2011. A form of digital money that utilizes a blockchain to easily maintain a public ledger of all transactions, litecoin is used to transfer funds directly between individuals or businesses without the need for an intermediary […]
Bitcoin’s slowly overtaking Mastercard daily transfer volume
The #1 cryptocurrency could soon overtake Mastercard’s daily transfer volume, judging by the official numbers released by Mastercard. This means Bitcoin is becoming a serious rival of the leading traditional money transfer system. According to company’s public records, Mastercard has a daily volume of $11 billion, while Bitcoin on the other hand, transfers around $8 […]
Litepay Has Officially Been Cancelled
Looks like mainstream bankers have killed another promising crypto-project. This time it’s Litepay getting the axe. Litepay has been officially killed off, after VISA and MasterCard both said they will re-classify cryptocurrency purchases on their cards as cash advances, which incur much higher fees. Hopes were set high after the creator of Litecoin himself, […]
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