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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageBitcoinist
June 13, 2022

Binance To Ban Litecoin Transactions With MimbleWimble Upgrade

The world's biggest crypto exchange by volume, Binance, published blog post this morning saying they are not going to support the MimbleWimble Extensions Block (MWEB) feature for Litecoin (LTC) deposits and withdrawals. They cited worries about security as the main reason for this decision.

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cover-imageDCForecasts
June 13, 2022

Binance Ended Support For Anonymous LTC Transactions

Binance ended support for anonymous LTC transactions after the MimbleWimble upgrade which makes the transactions confidential at a time when most of the exchanges are implementing strict AML and KYC guidelines as we can see more today in our latest Litecoin news. Binance ended support for LTC and warned that any transaction sent thorugh the […]

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cover-imageCryptopolitan
June 13, 2022

Litecoin (LTC) faces more pressure as Binance refuses to support MWEB function

Largest cryptocurrency exchange Binance has joined the list of trading platforms that have announced they won't support Litecoin transactions based on the network's new privacy feature known as the MimbleWimble Extension Blocks (MWEB) function. Binance won't support LTC on MWEB First introduced in November 2019,  MWEB is a fungibility improvement introduced to the LTC network.

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