Pi Network, a cryptocurrency mining app for mobile users, may have been connected to 17GB worth of personal data leaks, a Vietnamese news outlet reported on Monday.
An approximate 10,000 Vietnamese citizens’ identification cards were put up for auction, along with their associated home addresses, phone numbers, and email addresses. The data was priced at $9,000 by the vendor, which could be paid in Bitcoin (BTC) or Litecoin (LTC) (LTC).
Phien Vo, a moderator of a Vietnamese Pi Network group chat channel, told VnExpress that Pi Network’s KYC checks are performed by a third party, adding that Vietnamese identity cards like those in question aren’t compatible with the app. However, Vo did indicate that an older version of the app was compatible with the cards at one point.
Ether (ETH) stretched its uptrend higher, tumbling well below $4,000, while Bitcoin (BTC) plummeted short of the $60,000 threshold once more, signaling heavy selling on any modest rebound. A few days of range-bound activity in Bitcoin is a good sign because it might pave the way for the next step of the uptrend.
Litecoin (LTC) has been trading inside an ascending broadening wedge pattern. Although the bears have been defending the resistance line of the wedge for the past few days, the positive sign is that the bulls have not given up much ground.
If the bulls can keep the price above $372.53, the LTC/USDT pair will enter the next leg of the uptrend, which will take it to $400 and then $463.31. The rising moving averages and an overbought RSI indicate that the direction of least resistance is to the upside.
Online payments giant PayPal will start to accept cryptocurrency as a medium of exchange at its millions of global merchants, the firm’s president and CEO revealed on Tuesday ahead of a formal announcement.
On March 30, news broke about PayPal’s alleged decision to consider cryptocurrencies. Later that day, the company’s CEO, Dan Schulman, stated to Reuters that the rumours were accurate and that an official statement will be issued shortly.
The new system is expected to feature a crypto checkout service where users can pay for goods and services at approved vendors using their stored coins. As it launches, the checkout app will be usable for all four of PayPal’s approved cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). Customers who pay for coins would not be charged any conversion costs for orders, although only one cryptocurrency may be used each transaction.
Signal revealed on Monday that it has begun accepting cryptocurrency contributions as a source of funding for the Signal Technology Foundation, the charitable organization that created the software. “As a non-profit organization, we depend on your support. If you’ve been patiently waiting for Signal to accept cryptocurrency donations, you no longer need to hold back your generosity,” Signal wrote.
The platform accepts 12 cryptos including Bitcoin, Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Gemini Dollar (GUSD) stablecoin, Basic Attention Token (BAT), Zcash (ZEC) and Chainlink (LINK). “The Giving Block also supports anonymous donations,” Signal noted in a memo accompanying its crypto donation section.
It is reported, that American professional football team the Miami Dolphins has made LTC the team’s official cryptocurrency. According to the report, the Miami Dolphins and Litecoin have also collaborated with payment processing firm Aliant Payments, in order to allow crypto payments for the team’s upcoming 50/50 raffle, which donates half of its profit to charity.
Yahoo users now have an opportunity to trade BTC, ETH and LTC on the Yahoo Finance, which is a popular platform for traders and other representatives of the financial world. As founder of the venture firm Morgan Creek Digital Anthony Pompplano said, this indicates the viral distribution of cryptocurrency. Such an option is still not available for other digital assets. Earlier, the former top manager of Wall Street said that the massive adoption of cryptocurrency and blockchain technology will take place in five or six years.
Lite.im software, created by the Zulu Republic developers, enables users to make LTC transactions via text messages. Later, the option will also be available for other mobile users. Lite.im also lets users check the balance, open Litecoin address or send tokens to either LTC address or email address. The private keys will be encrypted using the RSA algorithm and a private password, which will guarantee users security.
The search engine giant is one of the most convenient and fast ways to find out the latest rate of a certain cryptocurrency. Until recently, Bitcoin was the only option in Google converter service, but two more options have been added today – Ethereum and Litecoin. The converter shows the local currency by default, but user can choose any other fiat currency too.
The commission-free stock trading app Robinhood added full support for bitcoin cash and litecoin to its nascent cryptocurrency trading service, which is currently available in 17 U.S. states and heretofore facilitated bitcoin and ethereum trading. The company also announced that it plans to add support for coin transfers, likely confirming reports that the company is building an in-app cryptocurrency wallet.
The acquisition is a part of a strategic partnership with Swiss blockchain development company TokenPay. TokenPay purchased 9.9% stake in WEG in May this year, and has now transferred it to Litecoin in exchange for a “broad and comprehensive marketing and technology service agreement” to support its cryptocurrency and exchange services. After a failed attempt to open the bank account, Litecoin Foundation “bought a bank”, board member Xinxi Wang tweeted today.