NFT News Today TheBittimes.com

A hacker briefly gained access to Litecoin’s X social media account to fraudulently promote that LTC is now available on the popular smart contract platform Solana (SOL). In a new thread, the developers of the decentralized peer-to-peer network warn investors about the breach but note that the team immediately regained access to Litecoin’s official X account. “Litecoin’s X account was briefly compromised today and posts that were not authorized were published. These were live only for a matter of seconds before being deleted. We’re still investigating the issue, but immediately found a delegated account that was compromised and removed it. We apologize for any confusion caused.” A screenshot of the incident shows that the scammer posted a message using Litecoin’s X account to falsely claim that LTC “is now [on] Solana.” The bad actor added a link that takes users to what appears to be a rug pull scam. Accordin...

Move over Bitcoin, Ordinals on Litecoin and Dogecoin have unleashed a frenzy of transactions. What began with developer Casey Rodarmor creating the Ordinals protocol to “inscribe” text and imagery on the Bitcoin (BTC) network has now made its way to Litecoin (LTC) and Dogecoin (DOGE) sending transaction volume on the two chains surging for the better part of a month.  Recent network activity on Litecoin and Dogecoin networks. Source: BitInfoCharts. On May 18, Dogecoin reached a new transaction volume record, with 1.2 million transactions in a single 24-hour period, according to data from BitInfoCharts. Similarly, on May 10, Litecoin reached its highest ever daily transaction volume with 584,000 transactions. Ordinals first arrived on Litecoin after pseudonymous Twitter user Indigo Nakamoto offered 5 LTC — worth approximately $500 at the time — to anyone who could “port” the Ordinals protocol to the Litecoin network . 5 $LTC to whoever ports this to #Litecoin #Bitcoin #Ordinals https...

Litecoin, the silver to Bitcoin’s gold, has rallied by 8% over the past day to $82.26. Given the collective bullish sentiment at press time, many from the community feel that LTC could be next in the queue to take off. This year is quite crucial for LTC because it will be undergoing its third halving event. Like Bitcoin, the block reward for Litecoin miners will also slash by half post- halving . At the moment, 12.5 LTC are issued to miners. That will change to 6.25 LTC later this year. At the moment there are more than 200 days for the event, and you might wonder why are we discussing it now. Well, Litecoin has behaved in a certain way pre and post-halving. So, in this article, we will focus on the same and present the outlook for this cycle. FUN FACT: #Litecoin $LTC halving is 208 days away from now. 📈 or📉 ? pic.twitter.com/M4Mu6Xmy41 — CryptoBusy (@CryptoBusy) January 8, 2023 Massive Rally Incoming For Litecoin? A recent Twitter thread ...