Charlie Lee to Make LTC More Fungible, BitTorrent Tokens Sold Out in Under 15 Minutes, Netting Over $7 Mln, & Other News

  • Top cryptos see moderate gains as Bitcoin hovers over $3,400
     
  • The BitTorrent token sale on the Binance Launchpad platform concluded, netting $7.1 million dollars, with the sale of 50 billion tokens in under 15 minutes
     
  • Charlie Lee, Litecoin's creator, declared that he will focus on making the major cryptocurrency more fungible, as "the only property of sound money that is missing from Bitcoin & Litecoin"
     
  • South Korea's central bank says there's no urgent need to issue a central bank digital currency in the near term, but plans to conduct more research
     
  • The central bank of Iran suggests that new regulations could enact a partial ban on cryptocurrency

    SPONSORED: For consumers in countries with unstable currencies, crypto is proving to be a lifeline — offering a financial alternative to hyperinflation and cash shortages
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