Litecoin creator, Charlie Lee announced its plan to co-host Asia’s inaugural Litecoin meetup with Alexander Tkachenko, Founder and CEO of VNX Exchange. Lee said, “Given the tremendous support that we have received from Asia, we are looking forward to hosting an engaging community gathering to thank our supporters and give attendees a firsthand view into Litecoin’s future plans.”
A partnership has been established between GLORY Kickboxing and Litecoin Foundation. The LTC will become the official cryptocurrency of the sports event. The Founder of Litecoin, Charlie Lie explained, “GLORY has a growing worldwide fan base that consists in large part of a younger demographic who are early adopters of technology and conduct much of their lives online.”
A cryptocurrency company, Litecoin have revealed its recent achievement which is to be listed in mobile app Spend.com. The recent announcement made by Spend.com has confirmed that the users of their app are now able to perform purchase, sell and make payments in Litecoin (LTC) cryptocurrency through Spend Visa Card.
Litecoin jumped to fourth position in terms of market capitalisation as the investors are back to bullish mode to bet their cash on it. Many attribute the main cause for such sudden excitement to the plans of Litecoin paternering with MimbleWimble solutions for a privacy option. Whereas all other top ten coins where still in slumber with few exceptions.
The founder of Litecoin, Charlie Lee seemed to hint about his desire in launching a new confidential transaction features during his exclusive interview with CryptoInsider. He then explained during the interview, “So, having something like confidential transactions will get us closer to good privacy and good fungibility, and that is something that I am currently thinking about exploring for Litecoin.”
A blog post shared by the Litecoin Foundation have announced that they will become the first cryptocurrency to sponsor the Ultimate Fighting Championship (UFC). According to the post, “We see many parallels to Litecoin in this way as our amazing community has been instrumental in our growth and providing unwavering passion and enthusiasm that continues to propel us forward.”
A blockchain startup, Travala.com have announced that they will be accepting Ripple (XRP) and Litecoin (LTC) for booking purposes at over 550,000 hotels in 210 countries worldwide. They believe it will be a great tool for both providing vast, rapid liquidity for capital as well as in the future connecting individuals quickly with those assets.
Major Venezuelan department store chain, called Traki recently announced the acceptance of cryptocurrency as they receive pressure from the government with the increasing cryptocurrency adoption in the country. According to the report, Traki explained that they are accepting major cryptocurrencies such as Bitcoin Cash (BCH), Bitcoin Core (BTC), Cash (DASH), Ethereum (ETH) and Litecoin (LTC).
Surfair, an airline company, has declared the acceptance of Litecoin (LTC) and Bitcoin (BTC) for the ongoing Indiegogo fundraising campaign. The campaign has managed to raise $81,680 which is 63% higher than the actual amount targeted to be raised. The company has also declared that the memberships can also be purchased with BTC and LTC.
The Hotbit exchange has declared the addition of Ethereum Classic (ETC), Ripple (XRP) and Litecoin (LTC) on its platform from 1st of November. Reportedly, the exchange is graded as the 50th largest exchange observing the trading volume. The new cryptocurrencies listed on the platform are to be traded in BTC and ETH transactions.