According to the Chepicap portal, an unknown sender transferred a transaction in the amount of 8.88 LTC (~ $ 1000) in the Litecoin network and paid a fee of 200 LTC (more than $ 22000).

Thus, the size of the commission exceeded the amount sent by 22 times. The transaction was added to the block, mined by the Chinese mining pool LTC.TOP.

The ICO and IEO industry is showing signs of growth due to positive investor sentiment, obviously spurred by a recent cryptocurrency rally.

These data published in the new report of the rating agency ICObench. As of May 21, the ICO's success rate has increased, reflecting an improvement in the quality of projects. 85% of all funds raised in May were received by projects with a high rating (3-3.5), while in April, the share of these ICOs accounted for 68% of the funds raised.

The world's largest social network Facebook plans to release its own cryptocurrency called GlobalCoin next year.

According to the BBC, Facebook will launch a system of cryptocurrency payments in the "dozen countries" by the first quarter of 2020. The company intends to begin testing the system by the end of this year. More information about Facebook plans will appear in the coming months.

Telegram Company informed in a letter to investors that it plans to launch its project Telegram Open Network (TON) in the 3rd quarter of this year.

Representatives of Telegram said in their letter to investors that the network is being tested successfully: the test blockchain works fine, and the consensus algorithm is consistent with the goals stated in the Whitepaper of the project.

The head of the cryptocurrency investment company Morgan Creek Capital, Mark Yusko said that Bitcoin is "a great asset" that should be in the portfolio of every competent investor.

Yusko also stressed that in 10 years, Bitcoin significantly outperformed any funds based on traditional assets.

A cryptocurrency trader, Anthony Grisanti, who works on the New York Mercantile Exchange (NYMEX), predicted a Bitcoin exchange rate to reach $ 7,000 and the subsequent consolidation of markets.

Anthony Grisanti made his assumptions on the Trade Alert program on CNBC. According to a professional trader, in the near future, the rate of the first cryptocurrency will fall to the level of $ 7,000.

The Ethereum Foundation announced its intention to invest about $ 30 million in the development of key projects in the Ethereum ecosystem.

According to the foundation's statement, over the next 12 months, $ 19 million will be allocated to "create Ethereum of tomorrow". In particular, funds will be directed to the development of Ethereum 2.0, "second-level" scaling solutions such as Plasma, and other research initiatives. In addition, in the coming year it is planned to spend an additional $ 8 million to support the current network of Ethereum through initiatives such as Ethereum 1x.

Changpeng Zhao, the head of one of the largest cryptocurrency exchanges BINANCE, expressed the opinion that cryptocurrencies will become a shared future and urged everyone to accept digital assets.

The company Zulu Republic announced the launch of a new bot in the popular WhatsApp messenger, through which users can send and receive BTC and LTC.

The bot in the messenger works with the Lite.IM cryptocurrency platform and allows you to receive and send cryptocurrency, view transactions in the wallet, make settings and export the wallet.

According to the Chainalysis study, a third of all ethers in circulation belong to only 376 people.

The study showed that despite the control of a significant part of ETH, these "whales" accounted for only 7% of all Ethereum transactions. Chainalysis concluded that, although these people do not necessarily have a significant impact on the price of ETH, they contribute to market volatility when large sales are made.