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Search Results for: litecoin

Dogecoin Developer Skeptical of Potential Proof-of-Stake Switch

When asked about the potential of Dogecoin switching to a proof-of-stake (PoS) mechanism, a major contributor and developer Mishaboar hinted at maybe moving away from the project. When asked whether he would stake Dogecoin if given the opportunity, he revealed this information. The developer is skeptical of a PoS switch

August 21, 2023 1 min read

XRP and LTC Became the Top Losers, Decline 17%

The trillion-dollar crypto market witnesses yet another notable 24-hour drop of over 6%. Prices of the largest crypto members declining to further lows — Bitcoin (BTC) dropped below $26,500 and Ethereum (ETH) below $1,700 — drew major attention. Amid this downtrend, Ripple’s XRP and Litecoin (LTC) recorded maximum double-digit losses

August 18, 2023 2 mins read

Ledger Teams Up With PayPal Offering On-ramp Solution

Ledger, a crypto wallet provider, has announced a new on-ramp solution in partnership with PayPal. Bitcoin, Ethereum, Bitcoin Cash, and Litecoin may now be purchased using a PayPal account by Ledger Wallet owners. These purchases will be credited immediately to their Ledger wallets, skipping any intermediate accounts. Users who have

August 16, 2023 1 min read

Self-Custody Wallets are Not Without Risks Says Binance CEO

Changpeng Zhao, the CEO of the world’s largest crypto exchange, Binance, stated that he is supportive of self-custody wallets. Moreover, self-custody wallets are not without risks. Through this tweet reply, CZ raised his support for the self-custody wallets. Self custody wallets are not without risks. I am supportive of self

August 11, 2023 2 mins read

Shiba Inu, DOGE, BTC, Witness Substantial Adoption Spurt in the US, Here’s Why

BitPay, a renowned crypto payment provider, has unveiled its latest feature, BitPay Bill Pay. This new feature enables users to pay their bills using a selection of around a dozen cryptocurrencies, including popular ones like Shiba Inu, Dogecoin, Litecoin, XRP, Bitcoin, and Ethereum. The introduction of BitPay Bill Pay marks

August 9, 2023 1 min read

PayPal Dives into Crypto Market with PYUSD Stablecoin Launch

Global payments giant PayPal (PYPL) has officially stepped into the cryptocurrency arena by launching its very own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The announcement, made on Monday, marks a significant milestone as it is the first time a major financial company has issued its own stablecoin. Built on the

August 7, 2023 2 mins read

Bitcoin Price Consolidates; Trading Volume Down 30%

Investors in Bitcoin (BTC) are in a bind as the value of the leading cryptocurrency continues to consolidate. Crypto whales are being driven away as evidenced by the 30% volume drop. The price of Bitcoin is $29,054 at the time of writing as per data from CMC. Earlier on Aug

August 5, 2023 2 mins read

Binance Hires New Compliance Officer Amidst Ongoing Legal Probes

A number of Binance’s senior legal and compliance employees have resigned in recent weeks, ostensibly due to the stress of handling several probes into the exchange’s business operations, although Binance strongly disputes this. Binance stated Thursday that it has hired Kristen Hecht as its new deputy chief compliance and global

August 3, 2023 1 min read

Altcoin Trends : 2023 Mid-Year Review

The first half of 2023 has been a roller-coaster ride for the cryptocurrency world, with a series of significant events and developments that have left a profound impact on various altcoins. As Bitcoin hit a remarkable $30,000 upmark and the SEC lawsuit took a surprising turn, altcoins experienced unprecedented volatility,

August 3, 2023 3 mins read