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Why does Litecoin follow the bitcoin closely?

[ad_2][ad_1] The founder of Litecoin, Charlie Lee, often refers to the cryptocurrency as "the silver for Bitcoin gold". In addition to sharing the same code base, both cryptocurrencies also show mostly similar price movements in cryptocurrency markets, which increase and decrease in tandem. They also complement each other. Bitcoin's original …

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Russian watchdog to oversee the cryptocurrency sector

[ad_1] Economics and regulation The Federal Financial Monitoring Service of Russia has revealed that it will regulate cryptocurrency transactions in the country, with a senior official saying that the agency will also oversee the broadest cryptocurrency industry, in accordance with the recommendations issued from the Financial Action Task Force (FATF). …

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Microsoft, Nasdaq Partner on Blockchain Services

[ad_2][ad_1] Dina Bass (Bloomberg) – Microsoft Corp. collaborates with Nasdaq Inc. on blockchain technology. Microsoft has stated that the Azure blockchain services will integrate with the Nasdaq Financial Framework, which offers software for operators, exchanges and clearing houses to interact with each other. The partnership will create a blockchain system …

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Siacoin Hard Fork To Brick Mining Hardware

[ad_1] The team behind the decentralized cloud storage solution, Siacoin, has decided to engage fully in their blockchain to make ASIC-based extraction ineffective on their network. In a blog post at the beginning of this month, co-founder of Siacoin and main developer, David Vorick announced the move: "After many discussions …

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