The Foundation, which oversees the Litecoin’s development, recently terminated the funding for a Litecoin merchant startup, LitePay. LitePay’s founder and Litecoin CEO Charlie Lee said he would halt the operations and well the company. This was, of course, a rather big blow for a digital currency that is building itself to be a simple and effective payment system.
Litecoin Foundation to Hold Global Summit in September in San Francisco
Cover image via u.today
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