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Litecoin Undergoes Third 'Halving'; Race for Ether Futures ETFs Kicks Off

"CoinDesk Daily" takes a look at the crypto news making headlines as Litecoin (LTC) undergoes it's third "halving." Six firms file applications for ether (ETH) futures-based exchange-traded funds (ETFs). Lawyers for Sam Bankman-Fried say prosecutors moving to revoke his bond release relied on an "extremely thin" factual basis. Plus, Abracadabra is proposing measures to protect from a bad debt situation stemming from an $18 million loan to Curve Finance's founder.

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Litecoin Surges to 6-Month High Ahead of Mining Reward Halving

Litecoin (LTC) is surging eight months ahead of its third mining reward halving, which will cut LTC's pace of supply expansion by 50%. "The Hash" panel discusses what this means for LTC and the wider crypto markets amid the FTX gloom.

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Litecoin Spikes Almost 20% From Fake Walmart Press Release

Litecoin's price surged nearly 20% Monday after a fake press release stated Walmart would begin accepting the cryptocurrency as payment. LTC quickly fell back to previous levels once it was revealed the announcement was a hoax. "The Hash" panel digs into the implications for the rapid ascent and descent or "pump and dump," and the impact of "adversarial media environment" on the crypto community.

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