ViaBTC launches LTC/CNY trading

ViaBTC, who recently launched their cryptocurrency exchange, will add an LTC/CNY trading pair, which brings more liquidity for LTC
29 June 2017   1417
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

The developers of the world’s top Bitcoin mining pool and mining pools for competing coins, ViaBTC, gives the green light for Litecoin, which has been largely ignored for the better part of three and a half years. However, as the Poloniex line chart shows, there was a gradual increase of LTC since March 29th and it reached its peak on May 11th. Since then, Litecoin has been quite stable and now shows a certain tendency for beating its own record.

Line chart of cryptocurrency LTC on the Poloniex exchange  Line chart of cryptocurrency LTC on the Poloniex exchange 

Cryptocompare also reports LTC’s remarkable recovery.

Line chart of cryptocurrency LTC on the CryptoCompare platformLine chart of cryptocurrency LTC on the CryptoCompare platform

Litecoin

Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency

Thus, an additional LTC/CNY trading pair can do wonders for the Litecoin value moving forward. The trading expected has already started on June 28th.

Besides, ViaBTC is not the first Chinese exchange to list LTC/CNY as a trading pair as of late. Nowadays there is a large demand for Litecoin in China and it is evident that good things are bound to happen for LTC sooner or later. Whether or not that will be due to ViaBTC, remains to be seen.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   99

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.