LitePay Failed Launch Day

According to the email received by the followers, situationis caused by "hostile actions" of plastic card issuers
27 February 2018   1819

The long-awaited launch of LitePay payment service did not take place on the appointed day because of the "hostile actions" of plastic card issuers. This is reported by Market Mogul.

Due to hostile actions by card issuers towards crypto companies, we have decided that offering LitePay card registrations at this time is imprudent.
 

LitePay Email Sent to Followers

The fact that the launch of LitePay should be held on February 26, it became known two weeks ago.

It is expected that the service will become an analogue of Bitpay for Litecoin and allow retail outlets to accept payment in the cryptocurrency, and for users will issue a card with which they can pay for purchases in the real world and even withdraw cash.

Litecoin negatively reacted to this news and fell by 2% in the last 24 hours, while the majority of large crypto-currencies show moderate growth.

LTC Price
LTC Price Chart

At the moment of press, these are main market parameters of LTC:

  • Market Cap $12 094 416 450
  • Average Price $218,31
  • 24h Volume $1 064 740 000

Charlie Lee to Join Sun at Dinner With Buffet

TRON founder sent out invitations to meet with Buffett to several famous personalities from the world of crypto and Charlie agreed to meet
17 June 2019   397

Litecoin creator Charlie Lee is likely to join Justin San's meeting with billionaire and legendary investor Warren Buffet.

Sun sent out invitations to meet with Buffett to several famous personalities from the world of cryptocurrencies. Charlie Lee was among those who agreed to participate in the tenth Power of One charity dinner. In the invitation tweet, the founder of TRON described the creator of Litecoin as a good friend.

Lee thanked Justin and said that he was excited about the opportunity to meet with the legend of the world of traditional finance.

One commentator expressed the opinion that the head of Morgan Creek Digital, Anthony Pompiano, should certainly join the charity dinner.

Justin San will meet with Warren Buffett on July 25 in San Francisco. For this, the founder of the TRON Foundation paid $ 4.5 million.