GetChain News
中简 中繁 EN
GetChain News
Toggle sidebar
Litecoin

Litecoin

LTC
Active

P2P digital currency for online payments

litecoin.org X Telegram Github Medium

News Heat Trend

Project Overview

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.

PoW

Event-related news

View more View more View more View more

Jiang Zhuo’er: Strategy will not sell a large amount of tokens; it only implements a “rolling strategy.”

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.

Kalshi applies to launch perpetual futures for 12 tokens including Ethereum, XRP, Solana, and Dogecoin

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 plans to launch CFTC-regulated perpetual futures in the US within 30 days

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.

Litecoin Discloses Zero-Day Vulnerability Leading to DoS Attack and Abnormal MWEB Transactions, Fixed After Block Reorganization

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.

HTX Launches “Spring Travel Season” Trading Contest—Trade Designated Hot Tokens to Share a $50,000 Prize Pool

According to the official announcement, HTX has launched the “Spring Travel Season” trading competition. From now until May 9 at 18:00 (UTC+8), users who register and participate in spot trading of BTC, ETH, SOL, XMR, or LTC—or USDT-denominated perpetual contracts of DOGE, PEPE, XAG, TRUMP, or XMR—and complete designated tasks will accumulate “Miles.” Prizes totaling $50,000 will be distributed among participants based on their Mile rankings. Additionally, users who fulfill both the spot holding requirements and complete daily contract trading check-ins for the entire duration will qualify for a lottery draw, sharing an extra $1,500 prize pool.

Litecoin Discloses Zero-Day Vulnerability Leading to DoS Attack and Abnormal MWEB Transactions, Fixed After Block Reorganization

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.

Related news

Jiang Zhuo’er: Strategy will not sell a large amount of tokens; it only implements a “rolling strategy.”

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.

Jiang Zhuo’er stated that he has repurchased his previously sold position at $1,645 and expects to sell again after a rebound within 1–3 days.

Jiang Zhuo’er, founder of Litecoin mining pool Litepool, stated that he has repurchased his entire previously sold position at $1,645. He noted that the prior sell orders were executed within the $2,200–$2,400 range.

Kalshi applies to launch perpetual futures for 12 tokens including Ethereum, XRP, Solana, and Dogecoin

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 plans to launch CFTC-regulated perpetual futures in the US within 30 days

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.

HTX Launches “Spring Travel Season” Trading Contest—Trade Designated Hot Tokens to Share a $50,000 Prize Pool

According to the official announcement, HTX has launched the “Spring Travel Season” trading competition. From now until May 9 at 18:00 (UTC+8), users who register and participate in spot trading of BTC, ETH, SOL, XMR, or LTC—or USDT-denominated perpetual contracts of DOGE, PEPE, XAG, TRUMP, or XMR—and complete designated tasks will accumulate “Miles.” Prizes totaling $50,000 will be distributed among participants based on their Mile rankings. Additionally, users who fulfill both the spot holding requirements and complete daily contract trading check-ins for the entire duration will qualify for a lottery draw, sharing an extra $1,500 prize pool.

HTX Launches May Day Golden Week Leveraged Trading Competition—Join to Share a $30,000 USDT Prize Pool

According to the official announcement, HTX has launched its sixth leveraged trading competition, with a total prize pool of up to $30,000 USDT. From 18:00 on April 29 to 18:00 on May 7 (UTC+8), new users who complete their first leveraged trade will receive a $50 USDT leveraged trading interest coupon—limited to the first 200 participants on a first-come, first-served basis. Additionally, users whose total leveraged trading volume reaches or exceeds $1,000 USDT during the event period will receive a 5%–20% trading fee rebate. Leveraged trades in BTC, ETH, TRX, DOGE, SOL, XRP, and LTC will count triple toward the total trading volume. Users can participate by clicking “Register Now” on the campaign page.