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Your email address will not be published.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) $ 40,420.00 2.04%
  • ethereumEthereum (ETH) $ 2,621.41 4.52%
  • tetherTether (USDT) $ 1.00 0.22%
  • binance-coinBinance Coin (BNB) $ 375.70 3.26%
  • cardanoCardano (ADA) $ 1.60 3.32%
  • dogecoinDogecoin (DOGE) $ 0.327752 0.62%
  • xrpXRP (XRP) $ 0.897124 2.24%
  • polkadotPolkadot (DOT) $ 25.00 14.69%
  • usd-coinUSD Coin (USDC) $ 1.00 0.09%
  • uniswapUniswap (UNI) $ 24.45 5.9%
  • bitcoin-cashBitcoin Cash (BCH) $ 647.84 5.1%
  • litecoinLitecoin (LTC) $ 180.05 5.82%
  • chainlinkChainlink (LINK) $ 26.11 11.03%
  • solanaSolana (SOL) $ 40.86 7.26%
  • matic-networkPolygon (MATIC) $ 1.67 14.55%
  • binance-usdBinance USD (BUSD) $ 1.00 0.5%
  • theta-tokenTheta Network (THETA) $ 9.19 0.05%
  • internet-computerInternet Computer (ICP) $ 67.69 5.06%
  • stellarStellar (XLM) $ 0.347390 1.9%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 40,478.00 2.36%
  • ethereum-classicEthereum Classic (ETC) $ 59.64 2.13%
  • vechainVeChain (VET) $ 0.114796 2.5%
  • filecoinFilecoin (FIL) $ 74.93 2.1%
  • tronTRON (TRX) $ 0.072812 1.79%
  • eosEOS (EOS) $ 5.36 5.76%
  • moneroMonero (XMR) $ 281.10 5.94%
  • daiDai (DAI) $ 1.01 0.34%
  • aaveAave (AAVE) $ 323.35 2.78%
  • amp-tokenAmp (AMP) $ 0.084459 26.5%
  • okbOKB (OKB) $ 14.67 4.4%
  • cdaicDAI (CDAI) $ 0.021573 0.39%
  • kusamaKusama (KSM) $ 420.33 1.24%
  • neoNEO (NEO) $ 51.63 3.27%
  • shiba-inuShiba Inu (SHIB) $ 0.000007 3.79%
  • algorandAlgorand (ALGO) $ 1.08 2.65%
  • bitcoin-svBitcoin SV (BSV) $ 174.07 1.73%
  • cosmosCosmos (ATOM) $ 13.49 6.5%
  • iotaIOTA (MIOTA) $ 1.15 5.25%
  • pancakeswap-tokenPancakeSwap (CAKE) $ 17.64 5.06%
  • compound-usd-coincUSDC (CUSDC) $ 0.022126 0.42%
  • compound-ethercETH (CETH) $ 52.55 4.43%
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.119747 0.72%
  • klay-tokenKlaytn (KLAY) $ 1.21 18.31%
  • ftx-tokenFTX Token (FTT) $ 34.42 3.54%
  • makerMaker (MKR) $ 3,260.55 3.03%
  • celsius-degree-tokenCelsius Network (CEL) $ 6.94 1.14%
  • theta-fuelTheta Fuel (TFUEL) $ 0.548949 1.57%
  • tezosTezos (XTZ) $ 3.36 2.51%
  • terra-lunaTerra (LUNA) $ 6.55 8.8%
  • safemoonSafeMoon (SAFEMOON) $ 0.000005 16.87%