LitePay Starts Although Litecoin Visa Card Delayed (CryptoDaily.co.uk)
Today marks a momentous day for Litecoin: the launch of LitePay. Initially, with the launch of LitePay, Litecoin’s market value increased 10%. This was a positive start for the emerging cryptocurrency, however, it didn’t last long. In the last 24 hours, Litecoin’s value has gone down from its original value by 4%. This downward trend began quickly when LitePay announced that they were delaying the release of the Litecoin visa card. The Litecoin visa card was a big draw for a lot of investors. Its actioning would have allowed them to spend their Litecoin currency at willing retailers and give them direct access to the funds in their LitePay wallet, so the withdrawal of this service greatly underwhelmed a lot of potential investors.
WinADay Casino Adds LiteCoin To Banking (CasinoScamReport.com)
WinADay Casino already added the popular digital currency Bitcoin to its banking options. With more cryptocurrencies coming into the mix they decided to once again broaden its options and add Litecoin. Litecoin transactions are convenient, fast and offer lower fees. WinADay is offering players deposit match bonuses to use exclusively for Litecoin deposits. From now through March 1 all deposits made using Litecoin will be doubled up to $500. To receive credit players must use bonus code LTC100. WinADay also announced the launch of their latest slot, Phantom of the Opera. Players who have made at least one deposit can claim a $15 free chip to try out the new game. WinADay has become one of the most popular online casinos. They offer premium games and a site wide jackpot that is well over $100,000.
Coinbase: Bitcoin Buys And Sells ‘Intermittently Available’ (CoinTelegraph.com)
Crypto exchange and wallet service Coinbase reported today at 1:53 a.m. PST, about five hours ago to press time, that Bitcoin (BTC) buys and sells are “intermittently available”. The notice on Coinbase’s status site states: “A recurring issue with one of our processes is causing Bitcoin buys and sells to become temporarily unavailable. Our team is investigating and working to restore full service as soon as possible. Coinbase customers may experience intermittent outages of BTC buys and sells over the duration as we resolve this issue. We apologize for any inconvenience this may cause.”
Bill Gates: Cryptocurrencies have ‘Caused Deaths in a Fairly Direct Way’ (TheGuardian.com)
Speaking during a Reddit AMA, Gates argued that “the government’s ability to find money laundering and tax evasion and terrorist funding is a good thing. “Right now cryptocurrencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way.” In contrast to cash, which is also untraceable, cryptocurrencies can be used remotely, which removes another avenue of control, he added. Gates also suggested that investing in the sector is a bad idea: “I think the speculative wave around ICOs and cryptocurrencies is super risky”.
Starbucks May Be Moving Closer to Incorporating Blockchain, Accepting Cryptocurrency (Cryptovest.com)
While coffee enthusiasts chomp at the bits when they learn that Starbucks is unveiling a new blend, crypto enthusiasts get just as excited when they hear that the food and beverage retailer could be laying the groundwork to accept digital currencies as payments. When Starbucks will start accepting cryptos like Bitcoin is anyone’s guess. However, based on its founder’s most recent comments, it looks to be fully examining doing so.