Bithumb Hack ‘Doesn’t Really Change the Fundamentals of Bitcoin’: Charlie Lee

Charlie Lee, the founder of Litecoin, went on CNBC’s Fast Money program on Wednesday to discuss the recent hacking of South Korea’s cryptocurrency exchange Bithumb, among other developments in the crypto sphere. Speaking via telephone, the founder of the world’s fifth-largest cryptocurrency by market cap pointed out that while it is normal for cryptocurrency investors to The post Bithumb Hack ‘Doesn’t Really Change the Fundamentals of Bitcoin’: Charlie Lee appeared first on CCN

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BitConnect Token Loses 90% Amid Exchange Closure Announcement

The post BitConnect Token Loses 90% Amid Exchange Closure Announcement appeared first on CCN BitConnect, a once-promising crypto entity, has lost nearly 90 of its value, as its price has fallen to $26.00 in the wake of announcing the closure of its exchange and lending operation amidst legal problems with U.S regulators. The currency’s market capitalization has fallen to $175,637,617, according to coinmarketcap.com. A total of $17.517 million worth The post BitConnect Token Loses 90% Amid Exchange Closure Announcement appeared first on CCN

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Litecoin Price Jumps Nearly 30% as Founder Lee Remains Upbeat

The post Litecoin Price Jumps Nearly 30% as Founder Lee Remains Upbeat appeared first on CCN Litecoin price posted one of the biggest gains today, jumping from $236.76 at the start of the day to a high of $305.66 around noon Saturday (UTC), marking a 29% gain, before sliding back to $290.08 at the time of this report. With a market valuation of $15.85 billion, Litecoin is the fifth largest crypto by The post Litecoin Price Jumps Nearly 30% as Founder Lee Remains Upbeat appeared first on CCN

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