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Owner of Australian cryptocurrency exchanger demanded compensation from banks for closing accounts

Owner of Australian cryptocurrency exchanger demanded compensation from banks for closing accounts

The owner of the Australian exchanger Allan Flynn has sued ANZ and Westpac for blocking their bank accounts, demanding compensation for $ 250,000.

Litecoin
Scott Minerd Confirms Bitcoin Growth Forecast To $ 400,000

Scott Minerd Confirms Bitcoin Growth Forecast To $ 400,000

Guggenheim Partners’ chief investment officer Scott Minerd confirmed his forecast for Bitcoin at $ 400,000, but warned of a possible correction in BTC.

Litecoin
Grayscale Investments raised $ 3.3 billion in cryptocurrency funds in the IV quarter of 2020

Grayscale Investments raised $ 3.3 billion in cryptocurrency funds in the IV quarter of 2020

Grayscale Investments reported that it raised a record $ 700 million in cryptocurrency funds on January 15. In just the IV quarter of 2020, the company’s investors invested $ 3.3 billion in funds.

Litecoin
LiveCoin exchange officially announced the closure

LiveCoin exchange officially announced the closure

The management of the LiveCoin exchange, which announced the hack in December 2020, announced the closure of the site. The funds remaining at the disposal of LiveCoin will be paid to users.

Litecoin
Co-founder of Decred: “digital currencies of the Central Bank are not an obstacle to cryptocurrencies”

Co-founder of Decred: “digital currencies of the Central Bank are not an obstacle to cryptocurrencies”

The co-founder of the Decred project believes that government cryptocurrencies will not affect public crypto assets, but may affect stablecoins.

Litecoin
Bloomberg: “Correction of Bitcoin may alert institutional investors”

Bloomberg: “Correction of Bitcoin may alert institutional investors”

According to Bloomberg analysts, the CFOs of some Wall Street companies may suspend their Bitcoin investment plans following the recent BTC correction.

Litecoin
Iran Seized 45,000 ASIC Miners for Illegal Electricity Consumption

Iran Seized 45,000 ASIC Miners for Illegal Electricity Consumption

Iranian police have confiscated about 45,000 ASIC miners that illegally consumed subsidized electricity. The authorities have also suspended the operation of several authorized mining farms.

Litecoin
Mitsubishi and Tokyo Tech to develop blockchain platform for renewable energy trading

Mitsubishi and Tokyo Tech to develop blockchain platform for renewable energy trading

Mitsubishi Electric Corp. and researchers at Tokyo Tech University in Japan are collaborating to create a blockchain platform for P2P electricity trading.

Litecoin
Deutsche Börse adds metal-backed tokens of Norilsk Nickel to listing

Deutsche Börse adds metal-backed tokens of Norilsk Nickel to listing

The Norilsk Nickel Global Palladium Fund has listed metal-backed ETCs on the Deutsche Börse and is planning to list them on the London Stock Exchange.

Litecoin
Stephen Harper: bitcoin could replace the global reserve currency

Stephen Harper: bitcoin could replace the global reserve currency

Former Canadian Prime Minister Stephen Harper believes bitcoin could become an alternative to the US dollar as a global reserve currency.