The project was created as an upgrade of Bitcoin. There are not many differences, but some of them are very significant. Several technologies have been applied that have eliminated some of the disadvantages of Bitcoin: the "Proof of Work" protocol, which uses the Scrypt hash function, and not SHA-256, like BTC. The average speed of block creation is 2.5 minutes (for comparison, BTC takes four times longer).

Litecoin news today, LTC crypto latest news of coin ticker

Litecoin

Telegram

Mei Pharma has acquired 929,548 Litecoin

Per MEI Pharma (MEIP) 8k filing with the SEC today, the company has acquired 929,548 Litecoin at an average price of $107.58 to hold as a treasury!

The company has the option to purchase up to another $100mil worth in the near future.

https://www.sec.gov/Archives/edgar/data/1262104/000095017025102419/meip-20250805.htm

Mei Pharma has acquired 929,548 Litecoin.