Litecoin Arrives on MCO Cryptocurrency Platform and Wallet

Litecoin Arrives on MCO Cryptocurrency Platform and Wallet

Cryptocurrency
Litecoin, the seventh largest cryptocurrency by market capitalization at more than US$4.3 billion, has been added into the MCO cryptocurrency platform and mobile wallet, joining the four other cryptocurrencies available on the platform, bitcoin (BTC), ether (ETH), Binance Coin (BNB), and the company’s own MCO token. MCO Wallet MCO, formerly Monaco, is a cryptocurrency platform that allows users to purchase, exchange, transfer and spend cryptocurrencies from their smartphone. MCO Technology, the company behind MCO, claims more than 180,000 mobile app downloads and over 88,000 MCO Visa card reservations. “By listing Litecoin on the MCO Wallet app, we are deepening both the functionality of the app for users and transforming into a go-to, intuitive cryptocurrency exchange platform,” said Kris Marszalek, co-founder and CEO of MCO Technology. “Our support of Litecoin marks an essential step in…
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Facebook: We’re Not Building a Cryptocurrency on Stellar

Facebook: We’re Not Building a Cryptocurrency on Stellar

Cryptocurrency
Social media conglomerate Facebook denied reports that its blockchain task force is considering launching a cryptocurrency project through a partnership with Stellar. Citing a Facebook spokesperson, financial news outlet Cheddar reports that the company will not be building on the Stellar protocol, nor has its cryptocurrency division held discussions with the project about forking Stellar to create an independent Facebook blockchain. “We are not engaged in any discussions with Stellar, and we are not considering building on their technology,” the spokesperson told the publication. Last week, a Business Insider report citing anonymous sources familiar with the matter had claimed that Facebook’s crypto division, led by former Messenger czar David Marcus, was eyeing the Stellar protocol as a basis for its still-mysterious blockchain plans, which earlier reports have suggested could include launching a proprietary cryptocurrency. It wouldn’t have…
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