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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.
Litecoin Treasury Company Lite Strategy Leads $1 Million Strategic Investment in LitVM
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)
Lite Strategy makes a strategic investment of $1 million in LitVM
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: 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 Zhuoer: Uncertainty Surrounds Concessions on Key Provisions of U.S. Clarity Act, Prospects for September 16 Procedural Vote Unclear
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.
Laser Digital Japan obtains Japanese crypto asset trading license, ending nearly 4-year gap in new registrations
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)
Sygnum Integrates with Bancastato Online Banking, Supporting Swiss Clients in Trading BTC, ETH and 4 Other Assets
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.
BancaStato Launches Regulated Crypto Trading Services Through Sygnum
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.
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.
$282 Million in Bitcoin and Litecoin Stolen in Trezor Impersonation Support Scam
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 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.
Jiang Zhuoer: Uncertainty Surrounds Concessions on Key Provisions of U.S. Clarity Act, Prospects for September 16 Procedural Vote Unclear
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.
Laser Digital Japan obtains Japanese crypto asset trading license, ending nearly 4-year gap in new registrations
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)
$282 Million in Bitcoin and Litecoin Stolen in Trezor Impersonation Support Scam
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.
Sygnum Integrates with Bancastato Online Banking, Supporting Swiss Clients in Trading BTC, ETH and 4 Other Assets
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.
US Treasury Sanctions Cuba-Related Cryptocurrency Addresses
According to Livecoins, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced a new round of sanctions on July 13, freezing 13 cryptocurrency wallets and trust funds associated with the Cuban regime, involving addresses on multiple chains such as Tron (TRX), Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), Dash (DASH), and Zcash (ZEC), as well as Bitcoin and Ethereum assets. Sanctioned targets include Ukrainian citizen Dmytro Rashevskyi, Belarusian resident Yevgeniy Vladimirovich Silayev, and several Cuban state-owned institutions such as the Association of Combatants of the Cuban Revolution and the Cuban Ministry of Tourism. OFAC simultaneously released FAQ 1262, advising all U.S. citizens to immediately cease all dealings with the entities on the aforementioned sanctions list.
Litecoin Treasury Company Lite Strategy Leads $1 Million Strategic Investment in LitVM
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)
Related news
Jiang Zhuoer: Uncertainty Surrounds Concessions on Key Provisions of U.S. Clarity Act, Prospects for September 16 Procedural Vote Unclear
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.
Grayscale submits a Litecoin trust-to-ETF application to the SEC, ticker symbol LTCN
Grayscale has filed documents with the U.S. SEC to rename the Litecoin Trust to the "Grayscale Litecoin Trust ETF" and plans to list it on NYSE Arca under the ticker symbol LTCN.
U.S. SEC Reviews Grayscale's Application to Rename Litecoin Trust to ETF and List on NYSE Arca
Odaily News The U.S. SEC is reviewing Grayscale's application to rename the Grayscale Litecoin Trust to "Grayscale Litecoin Trust ETF" and list it on NYSE Arca under the ticker symbol LTCN. (Cointelegraph)
Laser Digital Japan obtains Japanese crypto asset trading license, ending nearly 4-year gap in new registrations
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)
Binance will remove 7 spot trading pairs on August 21
According to the official announcement, Binance will remove and stop trading for the following spot trading pairs on August 21, 2026 at 03:00 (UTC): F/USDC, HIVE/USDC, ILV/USDC, LTC/BNB, NMR/USDC, STEEM/USDC, and SUI/BNB. At the same time, Binance will terminate the spot trading bot services for these trading pairs.
$282 Million in Bitcoin and Litecoin Stolen in Trezor Impersonation Support Scam
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.