The UK has opened a new contract seeking proposals for a software tool that can track Bitcoin and other major cryptocurrencies that might be used for illicit purposes. According to a report from The Next Web, HM Revenue and Customs plans to prioritize bids from developers who offer tools that can also track the use of Dash, Zcash, and Monero.
The last 24 hours has seen Bitcoin drop below $4k, with more than $11 billion dollars wiped from the total market capitalization, according to data procured from CoinMarketCap.
The Litecoin Foundation will officially partner with the UFC to sponsor the UFC 232 main event that will see the second bout held between Jon Jones and Alexander Gustaffson on Saturday, December 29.
Cryptocurrency exchange Coinbase has opened direct cryptocurrency-to-cryptocurrency trading markets for its retail customers, according to a Dec. 17 report by Coindesk.
DNotes Global, Inc. today announced the release of DNotes Bot, a trading bot designed to assist cryptocurrency exchange traders by providing automated trading for buy and sell orders.
SIX Swiss Exchange has received approval from Swiss regulators to list the world’s first multiple-cryptocurrency exchange-traded product, Amun Crypto ETP, according to a report from the Financial Times. The ETP will reportedly include five major cryptocurrency assets: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple.
Members of Congress met this week with more than 50 representatives from the worlds of cryptocurrency, finance, and investment capital at a roundtable discussion in the U.S. capital. The crypto representatives reportedly urged congressional representatives to provide greater regulatory clarity for the industry. The lawmakers have responded to those calls by delivering a letter to SEC Chairman Jay Clayton that urges the agency to clarify how it intends to approach regulation for the cryptocurrency industry.
Aside from the painstakingly obvious differentiating factors such as total supply, algorithm, and name, there are several distinctions between Litecoin and Bitcoin. Although Litecoin’s leadership and community often sells itself short by dubbing Litecoin as ‘the silver to Bitcoin’s gold’, it has several distinct advantages over Bitcoin.