Litecoin Foundation Migrates to BitGo’s Multi-Signature Wallet

The Litecoin Foundation announced that it will migrate from the multi-sig Electrum-LTC wallet to BitGo’s multi-sig wallet.

According to a May 7 post on the company’s website, the move is due to BitGo’s wallet providing “greater convenience and nearly the same level of security.” The old Electrum-LTC addresses will be available online for one month, with the new BitGo wallets addressed to be published soon.

The price of Litecoin (LTC) rose 5% following the announcement, but experienced a similar downturn as Bitcoin (BTC) during the halving dump on May 9.

Starting Mimblewimble testing

Litecoin recently posted a progress update on the cryptocurrency codebase’s Mimblewimble integration, claiming that a testing framework had been built and codebase integration had started. According to developers, Mimblewimble should be running on the Litecoin testnet by the end of the summer.

Write a Comment

Your email address will not be published. Required fields are marked *

  • bitcoinBitcoin (BTC) $ 45,730.00 4.74%
  • ethereumEthereum (ETH) $ 3,198.39 6.53%
  • cardanoCardano (ADA) $ 2.16 8.49%
  • tetherTether (USDT) $ 0.992496 0.96%
  • binance-coinBinance Coin (BNB) $ 395.35 3.67%
  • xrpXRP (XRP) $ 0.989308 7.95%
  • solanaSolana (SOL) $ 144.84 13.09%
  • polkadotPolkadot (DOT) $ 31.99 6.04%
  • dogecoinDogecoin (DOGE) $ 0.221237 8.18%
  • usd-coinUSD Coin (USDC) $ 0.991067 1%
  • avalanche-2Avalanche (AVAX) $ 64.26 8.67%
  • binance-usdBinance USD (BUSD) $ 0.993908 0.8%
  • terra-lunaTerra (LUNA) $ 31.20 10.04%
  • uniswapUniswap (UNI) $ 22.68 6.73%
  • chainlinkChainlink (LINK) $ 25.95 7.68%
  • cosmosCosmos (ATOM) $ 40.23 0.16%
  • litecoinLitecoin (LTC) $ 166.28 7.94%
  • bitcoin-cashBitcoin Cash (BCH) $ 579.70 9.44%
  • algorandAlgorand (ALGO) $ 1.87 8.41%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 45,888.00 4.43%
  • internet-computerInternet Computer (ICP) $ 53.55 7.14%
  • filecoinFilecoin (FIL) $ 78.76 5.77%
  • matic-networkPolygon (MATIC) $ 1.25 7.92%
  • stellarStellar (XLM) $ 0.299957 7.6%
  • ftx-tokenFTX Token (FTT) $ 57.92 7.77%
  • tronTRON (TRX) $ 0.096610 7.92%
  • vechainVeChain (VET) $ 0.100922 10.34%
  • ethereum-classicEthereum Classic (ETC) $ 52.46 7.59%
  • daiDai (DAI) $ 0.995970 0.48%
  • theta-tokenTheta Network (THETA) $ 5.70 9.81%
  • compound-ethercETH (CETH) $ 66.01 3.9%
  • tezosTezos (XTZ) $ 5.96 9.26%
  • pancakeswap-tokenPancakeSwap (CAKE) $ 21.86 3.21%
  • okbOKB (OKB) $ 17.90 4.41%
  • cdaicDAI (CDAI) $ 0.021644 0.03%
  • moneroMonero (XMR) $ 251.96 6.4%
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.178921 4.86%
  • eosEOS (EOS) $ 4.63 13.91%
  • quant-networkQuant (QNT) $ 329.04 8.97%
  • compound-usd-coincUSDC (CUSDC) $ 0.022208 0%
  • bitcoin-cash-abc-2Bitcoin Cash ABC (BCHA) $ 235.41 0.24%
  • nearNear (NEAR) $ 9.27 5.04%
  • aaveAave (AAVE) $ 322.98 8.04%
  • ecasheCash (XEC) $ 0.000223 3.11%
  • elrond-erd-2Elrond (EGLD) $ 208.34 13.82%
  • staked-etherLido Staked Ether (STETH) $ 3,201.55 5.65%
  • iotaIOTA (MIOTA) $ 1.45 10.25%
  • shiba-inuShiba Inu (SHIB) $ 0.000008 1.65%
  • the-graphThe Graph (GRT) $ 0.764577 7.39%
  • hedera-hashgraphHedera Hashgraph (HBAR) $ 0.370493 12.5%