Litecoin is Surging After ‘Litecoin Cash’ Forks (Business Insider)
Litecoin is up more than 9% Tuesday morning after the cryptocurrency’s first “hard fork” produced litecoin cash over the weekend. The split officially happened at litecoin block 1371111, processed at approximately 11 a.m. ET Sunday, at which time litecoin holders had the option to receive 10 of the new cryptocurrency for every 1 litecoin they already held. Since the fork, Litecoin has gained 12%, while the offshoot – which is not associated with the original litecoin in any way – has more than tripled, and was trading at $7.40 at the time of writing. Litecoin creator Charlie Lee has previously warned that any litecoin offshoots could be potential scams. “Any forks that you hear about is [sic] a scam trying to confuse you to think it’s related to litecoin,” he tweeted. “Don’t fall of it and definitely don’t enter your private keys or seed into their website or client.”
Dogecoin Can Help to Solve Ethereum Scaling Problems/Ethereum News Today (Smartereum.com)
Ethereum using Dogecoin to solve scaling problems: Dogecoin which was considered to be a joke cryptocurrency is actually now coming to the rescue of Ethereum. It is a known fact that Ethereum is facing a lot of scaling issues. Dogecoin is helping the Ethereum network test various different scaling methods. Ethereum testing Dogecoin: Dogecoin was sent to Testnet on February 5th. Ever since then, it has been an asset on blockchain. With the help of this transaction, interoperability can be achieved. Truebit has also been released with this change.
When will Western Union Complete its Ripple Tests? (Finder.com.au)
It might depend on Ripple. xRapid and xCurrent are very different animals. A lot of big names have moved beyond their testing stages and started using Ripple systems for live transactions recently, including LianLian International and Saudi Arabia’s central bank. But Western Union might be the biggest name of all, and so far its use of Ripple remains in the testing phase rather than live use. This is probably because Ripple’s xRapid and xCurrent systems are very different animals. To date, most of Ripple’s partners that have gone live with the system are using xCurrent, while Western Union is reportedly looking at xRapid instead.
Why Ripple (XRP) is the Most Resilient Altcoin of 2018 (OracleTimes.com)
Ripple (XRP) – The dog that keeps on fighting. The cryptocurrency market has seen its share of rises and falls in the last few weeks. From soaring highs to a major crash one month ago where cryptocurrencies lost $200 billion across the board. The crash was caused by fears that South Korea could ban altcoin trading. While major altcoins plummeted by as much as 45%, one cryptocurrency held its ground. Ripple trades by the symbol XRP and can be regarded as one of the most resilient altcoins today. During the massive crash, Ripple only dropped in value by 9% to $0.91.
Steven Seagal Goes All in on Pyramid Cryptocurrency ‘Bitcoiin’ as ‘Worldwide Ambassador’ (RawStory.com)
Far-right actor Steven Seagal is promoting a sketchy cryptocurrency called Bitcoiin 2Gen (with two “i”s). Gizmodo noticed Seagal tweet out a promotion for the company as it undergoes Initial Coin Offering (ICO) crowdsales. Seagal doesn’t clarify if he’s being paid by the company or has been given any of the currency for the tweet, but he’s signed on as the “worldwide ambassador.” The company describes itself as the place where people who missed out on Bitcoin can invest with “10x lower transaction costs.” Meanwhile, the Securities and Exchange Commission is cautioning investors against throwing their money into a potentially unlawful ICO. In November they specifically cited “celebrity-backed” ICOs.
XinFin Launches Enterprise-Grade Blockchain Platform (Smartereum.com)
XinFin is working on a hybrid blockchain with a focus on making security more robust. According to XinFin CTO Karan Bhardwaj, the transparency of the blockchain technology can also be used negatively to compromise the security of transactions. The hybrid blockchain would be known as XDC blockchain and would be highly useful for enterprise users as well. The blockchain would have two models – one that is public and another private. With the value of Bitcoin increasing by the day, companies have been paying a lot more attention to the technology behind Bitcoin which is the blockchain. Many of the investors actually consider Bitcoin as a lucrative investment even now.
