Litecoin Foundation’s managing director shares his thoughts on decentralized money

Litecoin Foundation’s managing director shares his thoughts on decentralized money

Litecoin (LTC), known as “the silver to Bitcoin’s gold,” has been around for almost 11 years — which is quite a feat considering a fair amount of cryptocurrencies go bust within 12 months of launching. Cointelegraph spoke with the Litecoin Foundation’s managing director, Alan Austin, about why he thinks Litecoin’s core utility is serving as a reliable means of payment.As …

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Cointelegraph Magazine

Ethereum completes merge, Do Kwon faces arrest warrant and Bitcoin dives after rally: Hodler’s Digest, Sept. 11-17

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occursEthereum’s highly anticipated conversion to a proof-of-stake …

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Possession of Bitcoin still legal in China despite the ban, lawyer says

Possession of Bitcoin still legal in China despite the ban, lawyer says

Despite enforcing a major cryptocurrency ban one year ago, the Chinese government still protects local crypto investors as crypto is recognized as virtual property protected by the law.One of the world’s most hostile countries toward Bitcoin (BTC), China has not yet banned the possession of cryptocurrencies, according to David Lesperance, founder of Lesperance & Associates law firm.Crypto holders in China …

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Bitcoin

Bitcoin Price Turns Red as Bears Take Over Crypto Market

Bitcoin is showing bearish signs below the $20,000 support zone against the US Dollar. BTC could accelerate further lower below the $19,500 support zone. Bitcoin started a fresh decline and traded below the $20,000 support. The price is now trading below $20,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near …

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Tornado Cash, a whirlwind over the sea

The OFAC Answers Questions About The Tornado Cash Sanctions, Uncertainty Remains

The Tornado Cash situation is a riddle wrapped up in an enigma. Why did the OFAC sanction a piece of software? And why did Dutch authorities arrest a sole developer? Those are not the question we’ll answer today. The OFAC updated the frequently asked questions on Tornado Cash-related matters. The answers focus on the details of the sanctions and not …

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Cointelegraph Magazine

Ethereum is eating the world — ‘You only need one internet’ – Cointelegraph Magazine

There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.In theory, it would allow the entire world’s …

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Bitcoin

Bitcoin Price Rockets to $22k, Next Bullish Levels Traders Should Watch

Bitcoin gained pace and even spiked above the $22,000 resistance against the US Dollar. BTC is correcting gains, but dips might be limited below $21,500. Bitcoin was able to clear the $21,200 and $21,500 resistance levels. The price is now trading above $21,500 and the 100 hourly simple moving average. There is a key bullish trend lien forming with support …

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Crypto Corner: The Sports Slice

Easily the biggest headline in sports and crypto this week? The biggest league in basketball adding another crypto partner to the rolodex with Sorare. Sorare completes the league’s ‘triple threat,’ with Dapper Labs serving as the league’s NFT distributor, and Coinbase the league’s official crypto exchange. Each weekend, we cover all of the biggest stories from the past week in …

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