iCE3 has announced that it has initiated the liquidation proceedings after it found discrepancies in its BTC and Litecoin (LTC) balances.
Bitcoin SV is now a top 5 cryptocurrency in terms of market cap and has reached a new all-time high in terms of price.
Having realized that BTC addresses were easily recognizable by security experts, sextortionists have now turned to demanding for Litecoin as cybercrime evolves.
Poloniex is removing a long list of trading pairs that have been underperforming, hoping to spark more interest, and less confusion, in crypto-to-crypto activity.
Charlie Lee has supposedly admitted that the rumor that no development has been happening in the Litecoin chain are true.
Litecoin is struggling from a lack of adoption amongst merchants, the majority of which only support LTC as part of a basket of cryptocurrencies supported by their payment processor, according to a report published by crypto hedge fund Multicoin Capital.
Bitcoin Cash did not proffer much movement and was trading at around $690 at press time—quite close to its yearly low with spiralling turnover.
The crypto currency markets began a slight recovery on Monday morning after a disastrous weekend, when BTC dropped below the $6,000 mark for the second time this year.
Sentiment for Bitcoin Cash is still bullish with the price around $1,280, and a rebound could be seen very soon as markets recover amid positive sentiment.
A combination of bad news, FUD and a general negative sentiment pulled the cryptocurrency market down yet again on Tuesday, with BTC dropping further to flirt with the $9,000 mark.
After a relatively positive Monday morning where all major cryptocurrencies were on the rise including SegWit-Coin BTC, the rest of the day was negative with steep losses covering a wide swath of cryptocurrencies.