Litecoin is a peer-to-peer digital currency for online payments. It is a global payment network that is fully decentralized, without any central authorities. Mathematics secures the network and gives individuals the power to control their own finances. Litecoin has faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With strong industry support, trade volume and liquidity, Litecoin is a proven medium of commerce that complements Bitcoin.
Lite Strategy, a Nasdaq-listed Litecoin treasury company, has announced leading a $1 million strategic investment in LitVM. The investment also grants governance participation rights and potential future token subscription opportunities. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funds will support its ability to introduce smart contract capabilities and a programmable application layer for Litecoin after its mainnet launch. (Globenewswire)
Nasdaq-listed Lite Strategy announced it is leading a $1 million strategic funding round for ZK Innovations—the development team behind LitVM. LitVM is building a zero-knowledge proof-based Layer 2 network for Litecoin, aiming to introduce smart contracts, decentralized finance (DeFi), real-world asset tokenization, and cross-chain liquidity to the Litecoin ecosystem.
Jiang Zhuo’er, founder of the Litecoin mining pool B.TOP, posted his views on Strategy’s Bitcoin sales. He believes Strategy will not sell large amounts of Bitcoin—only small amounts to pay interest. Jiang argues that Strategy raises funds by issuing new STRC tokens to purchase additional BTC, while simultaneously selling a tiny amount of its early-acquired, low-cost BTC to generate accounting profits for paying STRC interest. This reflects its “rolling strategy.” However, if Strategy sold absolutely no BTC, investors might suspect it was using new funds to pay old interest. Small-scale sales generate genuine profits and help maintain Strategy’s image of “never selling Bitcoin,” thereby facilitating continued fundraising.
According to an analysis by Jiangzhuoer (@Jiangzhuoer2), CEO of Litecoin Pool, after Republicans released a new draft of the Clarify Act claiming concessions on 80% of the disputed provisions, Polymarket's passage probability rose accordingly from 14% to 28%. Upon closer inspection, however, the actual concession rate is around 60%, with only partial compromises made on key provisions. Under the ethics clause, the new draft expands restrictions to officials and their spouses but still excludes children and affiliated entities, a move criticized as having limited practical impact; regarding the enforcement clause, while it allows state attorneys general to sue exchanges for listing non-compliant tokens, it explicitly bars suing the Department of Justice for regulatory inaction or the President directly. Jiangzhuoer believes that Democrats lack any incentive to "hand Trump a gift" ahead of the midterm elections, making it unlikely they would endorse this "fake compromise." Consequently, the prospect of the procedural vote passing at 2:15 AM Beijing Time on September 16 is slim, and a failed vote on the Clarify Act could mark the beginning of a correction in the current BTC uptrend.
Odaily News - Nomura Holdings' digital asset company Laser Digital Japan announced this week that it has completed registration as a crypto asset trading service provider under Japan's Payment Services Act, with registration number 00032, and has joined the Japan Virtual and Crypto asset Trading Association, bringing an end to Japan's nearly 4-year period without new industry participants.The license covers six crypto assets: Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, and Shiba Inu, all of which are listed on the industry association's "green list." Laser Digital Japan will initially provide liquidity to licensed crypto asset companies in Japan, while the launch date for trading services targeting professional investors has not yet been announced.Japanese regulators require the segregation of customer assets from company assets, with at least 95% of customer crypto assets stored in offline cold wallets, subject to verification through annual audits. The license does not cover crypto asset derivatives, nor does it permit Laser Digital Japan to launch exchange-traded funds; major adjustments to Japan's crypto asset regulatory framework are expected to be implemented in fiscal year 2027. (Bitcoin.com News)
Odaily News: Zurich-based crypto bank Sygnum Bank has integrated its regulated cryptocurrency services into the Bancastato online banking system, allowing clients in the Swiss canton of Ticino to buy, hold, and sell BTC, ETH, LTC, and SOL via Bancastato's web and mobile platforms without needing to open a separate exchange account. Bancastato has become the first bank to offer cryptocurrency trading through Sygnum's application programming interface within an Avaloq software-as-a-service banking environment. Clients can place market orders based on cryptocurrency quantity or dollar value, with Sygnum handling trade execution while Bancastato retains the client relationship, brand, and front-end experience. Sygnum stated that its B2B platform has provided trading, custody, compliance, and settlement infrastructure to more than 25 banks and international financial institutions, including partners such as Zuger Kantonalbank, Luzerner Kantonalbank, Postfinance, and VZ Vermögenszentrum. Sygnum noted that these collaborations have delivered regulated digital asset services to over one-third of the Swiss population through existing banking relationships.
Odaily News, Swiss cantonal bank BancaStato has launched regulated cryptocurrency trading services, utilizing the systems of digital asset bank Sygnum and banking software provider Avaloq. The bank serves the Italian-speaking canton of Ticino in Switzerland. BancaStato has joined Sygnum's B2B banking platform, integrating Sygnum's trading and custody services into its existing Avaloq banking system. Clients can buy, sell, and hold Bitcoin, ETH, LTC, and SOL via the bank's web and mobile banking applications. Sygnum's B2B platform is already used by over 25 financial institutions, with its banking partners including Societe Generale-FORGE, PostFinance, and VZ Depotbank. In late June, Sygnum announced that its Liechtenstein subsidiary, Sygnum Europe AG, had obtained a license as a crypto asset service provider under the MiCA framework.
Prediction market platform Kalshi has submitted a self-certification application to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. This follows the CFTC's approval of Bitcoin perpetual futures last Friday. The CFTC stated that perpetual futures products that US companies intend to list, other than Bitcoin, will be reviewed on a case-by-case basis, and noted that the design of such derivatives may not be suitable for all asset classes. Therefore, this batch of products submitted by Kalshi has not yet been approved.
Kraken has announced plans to launch its first perpetual futures product regulated by the U.S. Commodity Futures Trading Commission (CFTC) in the U.S. market within the next 30 days.Eligible U.S. clients will be able to trade perpetual futures on digital assets including BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX through Kraken Pro. Kraken stated that it will gradually expand contract types and product features in the future, as well as provide more collateral options.It is reported that the perpetual futures on Kraken Pro are provided by NinjaTrader Clearing, LLC (operating as Kraken Derivatives US), which is a CFTC-registered Futures Commission Merchant. The related spot margined and perpetual futures products will be available on the Bitnomial Exchange, a CFTC-regulated exchange that was recently acquired by Payward, Kraken's parent company.
Odaily reports: Jiang Zhuoer, founder of Litecoin Pool, posted on X platform that Binance's potential loss accounts for a limited proportion of user assets and is not expected to trigger a large-scale wave of withdrawals.He compared this situation with the Bybit theft incident in February 2025: Bybit was hacked for approximately $1.46 billion at the time, accounting for 9.01% of its approximately $16.2 billion in user assets; if Binance's gross outflow this time is $5.64 billion, of which $3 billion has been frozen, the net amount after deduction would be approximately $2.64 billion, accounting for 1.6% of its approximately $165.12 billion in user assets.In addition, the gross outflow may also include internal fund transfers by the platform and normal user withdrawals, and cannot all be regarded as stolen funds. Binance is capable of bearing the relevant losses.
According to SlowMist, its security personnel discovered during routine threat intelligence monitoring that the Udesk customer service system-related script udeskApi.2026-10-16.cached.js has been implanted with a malicious loader. The loader hides the address using hexadecimal encoding and asynchronously loads the remote script deeps.js (originating from udeskqlobal[.]com; note that the domain starts with the letter 'q'). This script reads page-accessible Cookie, localStorage, and sessionStorage data, intercepts form submissions and login/authentication requests, and sends the data to udeskqlobal[.]com/c.php, enabling attackers to hijack sessions or take over accounts. This data collection behavior is not restricted by target site policies, and unmatched pages may also be affected. According to SlowMist's analysis, the script also targets three categories of sites: mgbx[.]com, bikingex[.], and bitxex[.]io. It scans deposit pages every 200 milliseconds and replaces recognized deposit addresses with preset BTC, EVM, TRON, Solana, LTC, and DOGE addresses. Additionally, by wrapping the Clipboard API, replacing copy buttons, and intercepting copy events, the script ensures users only see and copy tampered addresses. If users transfer funds to these addresses, the assets will flow into the attacker's wallet.
Binance announced that starting November 10, 2026 at 16:00 (UTC+8), it will reduce the maximum leverage multiplier for 23 isolated leverage trading pairs from 10x to 5x, involving assets such as ATOM, AVAX, BCH, DOT, HYPE, LTC, SUI, TRX, and ZEC. Following the adjustment, the margin and liquidation risk parameters for the relevant trading pairs will be updated accordingly. Binance reminds users to monitor their positions, deposit additional assets into their isolated leverage accounts or repay debts in advance to mitigate the risk of forced liquidation.
According to Odaily on-chain analyst Ai Yi, a whale withdrew 2.455 million ONDO worth $1.144 million from Binance 12 hours ago. Currently, this address still holds $9.218 million worth of three major altcoins on-chain: 1.014 million UNI, worth $8.91 million, with an average withdrawal price of $8.79, currently at a floating loss of $1.551 million; 2.455 million ONDO, with an average withdrawal price of $0.4662; 12,400 LTC, worth $841,000, with an average withdrawal price of $67.86, currently at a floating loss of $101,000. The address appears to have fully liquidated BNB 6 days ago, with an estimated loss of $73,000.
据链上分析师 Ai 姨(@ai_9684xtpa)监测,钱包地址 0xC37...59813 于 9 月 23 日起建仓,累计投入约 1160 万美元买入 $UNI、$LTC、$BNB 三大山寨币,随着大盘下探,三仓合计浮亏 153.6 万美元。其中 UNI 持仓 1,014,020 枚(当前价值 891 万美元),建仓均价 8.79 美元,浮亏 140.9 万美元,占总亏损逾九成;LTC 持仓 12,397 枚(84.1 万美元),建仓均价 67.86 美元,浮亏 5.4 万美元。目前该地址已于 20 分钟内向币安充值 2380 枚 BNB(约 185 万美元),疑似率先清仓 BNB,若卖出将亏损约 7.3 万美元,UNI 与 LTC 仓位暂未见动作。
According to on-chain analyst Ai Yi, an address built positions over the past hour consisting of 814,000 UNI, 12,397 Litecoin, and 2,382 BNB, valued at $7.443 million, $841,000, and $1.85 million respectively, with a total value of $10.13 million.
Odaily reports: Jiang Zhuoer, founder of Litecoin Pool, posted on X platform that Binance's potential loss accounts for a limited proportion of user assets and is not expected to trigger a large-scale wave of withdrawals.He compared this situation with the Bybit theft incident in February 2025: Bybit was hacked for approximately $1.46 billion at the time, accounting for 9.01% of its approximately $16.2 billion in user assets; if Binance's gross outflow this time is $5.64 billion, of which $3 billion has been frozen, the net amount after deduction would be approximately $2.64 billion, accounting for 1.6% of its approximately $165.12 billion in user assets.In addition, the gross outflow may also include internal fund transfers by the platform and normal user withdrawals, and cannot all be regarded as stolen funds. Binance is capable of bearing the relevant losses.
According to SlowMist, its security personnel discovered during routine threat intelligence monitoring that the Udesk customer service system-related script udeskApi.2026-10-16.cached.js has been implanted with a malicious loader. The loader hides the address using hexadecimal encoding and asynchronously loads the remote script deeps.js (originating from udeskqlobal[.]com; note that the domain starts with the letter 'q'). This script reads page-accessible Cookie, localStorage, and sessionStorage data, intercepts form submissions and login/authentication requests, and sends the data to udeskqlobal[.]com/c.php, enabling attackers to hijack sessions or take over accounts. This data collection behavior is not restricted by target site policies, and unmatched pages may also be affected. According to SlowMist's analysis, the script also targets three categories of sites: mgbx[.]com, bikingex[.], and bitxex[.]io. It scans deposit pages every 200 milliseconds and replaces recognized deposit addresses with preset BTC, EVM, TRON, Solana, LTC, and DOGE addresses. Additionally, by wrapping the Clipboard API, replacing copy buttons, and intercepting copy events, the script ensures users only see and copy tampered addresses. If users transfer funds to these addresses, the assets will flow into the attacker's wallet.
Odaily News, January 10 - A Bitcoin and Litecoin holder provided a 12-word recovery phrase to attackers impersonating Trezor support personnel, resulting in the theft of approximately $282 million in assets, including about $139 million in Bitcoin and $153 million in Litecoin. Blockchain forensics firm ZeroShadow stated that the incident stemmed from a social engineering attack, not a compromise of wallet software or private key infrastructure. The stolen funds were split via the THORChain cross-chain bridge within minutes and converted into Monero through instant exchange services. ZeroShadow's monitoring team flagged and froze approximately $700,000 in funds within 20 minutes. Under the BIP39 standard, a 12-word recovery phrase contains approximately 128 bits of entropy, while a 24-word phrase contains 256 bits of entropy. Chainalysis estimates that up to 23% of all mined Bitcoin is permanently inaccessible due to lost keys, involving millions of BTC, with causes including forgotten recovery phrases, damaged backups, and a lack of inheritance planning.
Litecoin disclosed on X platform that a recent zero-day vulnerability once led to a DoS attack, affecting the operation of major mining pools. Mining nodes that were not updated in time allowed an invalid MWEB (MimbleWimble Extension Block) transaction to be executed, enabling the relevant tokens to be withdrawn to a third-party DEX. The Litecoin network rolled back these invalid transactions through a 13-block reorganization (reorg), confirming they would not be included in the main chain. All valid transactions during this period were unaffected. The vulnerability has now been completely fixed, and the network has resumed normal operation.
Coinbase's outstanding balance for crypto-backed loans has reached $2.3 billion, with the product launching in January 2025. Eligible users outside New York State can pledge Bitcoin to borrow USDC without selling their holdings, with loans routed through the Morpho decentralized lending protocol on the Base network. On September 22, Coinbase added fixed-rate loans through Morpho Midnight, and pledgeable assets have expanded to XRP, DOGE, ADA, and LTC. As of mid-September 2026, floating-rate loans have exceeded $1.4 billion, backed by approximately $3 billion in collateral.JPMorgan's JPMD tokenized deposits have been running on Base for institutions since mid-2026, with Citi and BNY Mellon also advancing related initiatives, and multiple UK banks planning to launch related networks in 2027.
Odaily News: Global automated brokerage Interactive Brokers (IBKR) has announced the launch of a crypto staking service powered by crypto infrastructure company Zerohash. Initially, eligible clients can directly stake or unstake ETH through the Client Portal. Interactive Brokers manages $964.7 billion in client assets and has previously offered trading services for Bitcoin, ETH, Litecoin, and Bitcoin Cash.Staking rewards earned by clients will be automatically added to their staked positions, allowing them to earn additional rewards. Interactive Brokers CEO Milan Galik stated that staking provides clients with the opportunity to earn rewards on the crypto assets they hold. (Bitcoin.com News)
The official Litecoin Twitter account posted that the Reddit community r/CryptoCurrency is coordinating efforts to suppress any positive content about Litecoin, arguing that LTC supporters who merely post general news should not be banned or suspended, and calling for an end to such practices.
Odaily News: Litecoin treasury company Lite Strategy has released its financial results for the fiscal year ended June 30, 2026. According to reports, fiscal year 2026 was its first full fiscal year since implementing its LTC treasury strategy. The company disclosed that it deployed $100 million during the fiscal year to purchase over 900,000 LTC; as of June 30, its holdings stood at 832,716 LTC, representing more than 1% of the total LTC mined to date. Regarding share buybacks, the company's previous buyback round repurchased approximately 4.4 million shares of LITS, representing about 12% of outstanding shares; as of September 22, total buybacks had increased to approximately 6.4 million shares, raising the proportion to about 17%. Additionally, from the launch of its LTC covered call strategy through September 22, the company has recorded approximately $930,000 in option premium income. (Globenewswire)
According to an analysis by Jiangzhuoer (@Jiangzhuoer2), CEO of Litecoin Pool, after Republicans released a new draft of the Clarify Act claiming concessions on 80% of the disputed provisions, Polymarket's passage probability rose accordingly from 14% to 28%. Upon closer inspection, however, the actual concession rate is around 60%, with only partial compromises made on key provisions. Under the ethics clause, the new draft expands restrictions to officials and their spouses but still excludes children and affiliated entities, a move criticized as having limited practical impact; regarding the enforcement clause, while it allows state attorneys general to sue exchanges for listing non-compliant tokens, it explicitly bars suing the Department of Justice for regulatory inaction or the President directly. Jiangzhuoer believes that Democrats lack any incentive to "hand Trump a gift" ahead of the midterm elections, making it unlikely they would endorse this "fake compromise." Consequently, the prospect of the procedural vote passing at 2:15 AM Beijing Time on September 16 is slim, and a failed vote on the Clarify Act could mark the beginning of a correction in the current BTC uptrend.
Odaily News - Nomura Holdings' digital asset company Laser Digital Japan announced this week that it has completed registration as a crypto asset trading service provider under Japan's Payment Services Act, with registration number 00032, and has joined the Japan Virtual and Crypto asset Trading Association, bringing an end to Japan's nearly 4-year period without new industry participants.The license covers six crypto assets: Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, and Shiba Inu, all of which are listed on the industry association's "green list." Laser Digital Japan will initially provide liquidity to licensed crypto asset companies in Japan, while the launch date for trading services targeting professional investors has not yet been announced.Japanese regulators require the segregation of customer assets from company assets, with at least 95% of customer crypto assets stored in offline cold wallets, subject to verification through annual audits. The license does not cover crypto asset derivatives, nor does it permit Laser Digital Japan to launch exchange-traded funds; major adjustments to Japan's crypto asset regulatory framework are expected to be implemented in fiscal year 2027. (Bitcoin.com News)
Odaily reports: Jiang Zhuoer, founder of Litecoin Pool, posted on X platform that Binance's potential loss accounts for a limited proportion of user assets and is not expected to trigger a large-scale wave of withdrawals.He compared this situation with the Bybit theft incident in February 2025: Bybit was hacked for approximately $1.46 billion at the time, accounting for 9.01% of its approximately $16.2 billion in user assets; if Binance's gross outflow this time is $5.64 billion, of which $3 billion has been frozen, the net amount after deduction would be approximately $2.64 billion, accounting for 1.6% of its approximately $165.12 billion in user assets.In addition, the gross outflow may also include internal fund transfers by the platform and normal user withdrawals, and cannot all be regarded as stolen funds. Binance is capable of bearing the relevant losses.
According to SlowMist, its security personnel discovered during routine threat intelligence monitoring that the Udesk customer service system-related script udeskApi.2026-10-16.cached.js has been implanted with a malicious loader. The loader hides the address using hexadecimal encoding and asynchronously loads the remote script deeps.js (originating from udeskqlobal[.]com; note that the domain starts with the letter 'q'). This script reads page-accessible Cookie, localStorage, and sessionStorage data, intercepts form submissions and login/authentication requests, and sends the data to udeskqlobal[.]com/c.php, enabling attackers to hijack sessions or take over accounts. This data collection behavior is not restricted by target site policies, and unmatched pages may also be affected. According to SlowMist's analysis, the script also targets three categories of sites: mgbx[.]com, bikingex[.], and bitxex[.]io. It scans deposit pages every 200 milliseconds and replaces recognized deposit addresses with preset BTC, EVM, TRON, Solana, LTC, and DOGE addresses. Additionally, by wrapping the Clipboard API, replacing copy buttons, and intercepting copy events, the script ensures users only see and copy tampered addresses. If users transfer funds to these addresses, the assets will flow into the attacker's wallet.
Binance announced that starting November 10, 2026 at 16:00 (UTC+8), it will reduce the maximum leverage multiplier for 23 isolated leverage trading pairs from 10x to 5x, involving assets such as ATOM, AVAX, BCH, DOT, HYPE, LTC, SUI, TRX, and ZEC. Following the adjustment, the margin and liquidation risk parameters for the relevant trading pairs will be updated accordingly. Binance reminds users to monitor their positions, deposit additional assets into their isolated leverage accounts or repay debts in advance to mitigate the risk of forced liquidation.
Coinbase's outstanding balance for crypto-backed loans has reached $2.3 billion, with the product launching in January 2025. Eligible users outside New York State can pledge Bitcoin to borrow USDC without selling their holdings, with loans routed through the Morpho decentralized lending protocol on the Base network. On September 22, Coinbase added fixed-rate loans through Morpho Midnight, and pledgeable assets have expanded to XRP, DOGE, ADA, and LTC. As of mid-September 2026, floating-rate loans have exceeded $1.4 billion, backed by approximately $3 billion in collateral.JPMorgan's JPMD tokenized deposits have been running on Base for institutions since mid-2026, with Citi and BNY Mellon also advancing related initiatives, and multiple UK banks planning to launch related networks in 2027.
According to Odaily on-chain analyst Ai Yi, a whale withdrew 2.455 million ONDO worth $1.144 million from Binance 12 hours ago. Currently, this address still holds $9.218 million worth of three major altcoins on-chain: 1.014 million UNI, worth $8.91 million, with an average withdrawal price of $8.79, currently at a floating loss of $1.551 million; 2.455 million ONDO, with an average withdrawal price of $0.4662; 12,400 LTC, worth $841,000, with an average withdrawal price of $67.86, currently at a floating loss of $101,000. The address appears to have fully liquidated BNB 6 days ago, with an estimated loss of $73,000.
Odaily News: Global automated brokerage Interactive Brokers (IBKR) has announced the launch of a crypto staking service powered by crypto infrastructure company Zerohash. Initially, eligible clients can directly stake or unstake ETH through the Client Portal. Interactive Brokers manages $964.7 billion in client assets and has previously offered trading services for Bitcoin, ETH, Litecoin, and Bitcoin Cash.Staking rewards earned by clients will be automatically added to their staked positions, allowing them to earn additional rewards. Interactive Brokers CEO Milan Galik stated that staking provides clients with the opportunity to earn rewards on the crypto assets they hold. (Bitcoin.com News)