Blog Archives

Will this week be remembered as “The Great Alt-Coin Meltdown”?

Posted on 12th August, 2014

Yesterday, the bottom fell out of the alt-coin market. As bitcoin’s price stumbled a few percent (dropping from the low $580s to the high $560s), a huge range of second-tier cryptocurrencies like litecoin, dogecoin and NXT have been in freefall. In the last 24 hours alone, litecoin has given up 15% of its total value, […]

Is litecoin’s crash an indicator of a “decoupling” from bitcoin?

Posted on 4th July, 2014

As bitcoin’s price was recovering to pre-Mt.Gox collapse levels this week, competing cryptocurrency litecoin (LTC) was dropping in like a stone. On July 1, LTC fell from nearly $9 to $7.90, one of the most dramatic crashes it has experienced in months, and the overall downward trend has continued heading into the July 4th weekend. […]

Cryptocurrency-mining malware spreads on Linux machines

Posted on 24th March, 2014

A new version of malware worm is causing headaches for Linux users across the internet. Last year, Symantec identified a PHP-exploiting worm called “Linux.Darlloz” which was popping up on non-PC Linux devices like routers and security cameras. The worm was a security specialist’s nightmare, but most vulnerable devices could be easily patched with a simple […]

Litecoin spikes after Chinese exchange Huobi announces trading

Posted on 12th March, 2014

Chinese Bitcoin exchange Huobi announced today that it would begin trading in “cryptocurrency silver” Litecoin starting on March 19. Almost immediately after the announcement, Litecoin prices began to climb steeply, jumping from $16 to a peak of around $17.5. The Bitcoin and Litecoin market in China is substantial, and earlier this month BTC China announced […]

BTC China begins Litecoin trading

Posted on 4th March, 2014

As China’s “gold rush” for Bitcoin continues, traders seeking to spread the risk a little now have a new option: Litecoin. China’s largest and most well-known Bitcoin exchange, BTC China, announced Litecoin trading support with a bombastic banner ad on the site yesterday. Litecoin insiders are hardly surprised by the move, as Litecoin was invented […]