| Crypto Market Monday, February 19: Bitcoin's price has surpassed $11,000 twice since Sunday as a bullish sentiment returns to markets and new support for the cryptocurrency begins to form.
Litecoin hard fork produces Litecoin Cash. What should you know about it: - The company does not claim to be affiliated with Litecoin in any way.
- The forked cryptocurrency will have a maximum supply ten times that of Litecoin.
- The Litecoin Cash foundation says the new cryptocurrency has a goal block of 2.5 minutes, which is four times faster than bitcoin, and its fees will be 90% cheaper than litecoin.
Adoption
- China: PC manufacturer Lenovo has filed a patent for a system to "verify integrity of physical documents" using a security Blockchain.
- Switzerland: During 2017, Swiss-based ICOs raised about $550 million in funding, which was about 14% of the global ICO market. Read why Switzerland is becoming a "Crypto Nation".
- South Korea: Cryptocurrency exchange Upbit generated more than half of South Korea's $648 million in cryptocurrency exchange revenues in 2017 (52.9% market share).
More Crypto "scams" generated over 1200 complaints to Australia's consumer watchdog in 2017. Read on how these fake giveaways even made headlines in cryptocurrency news media, which erroneously reported it as legitimate.
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