On September 7, GMO Coin announced that starting from noon on September 16, the blockchain confirmation time required for Litecoin (LTC) deposits will be changed from a minimum of 10 minutes to a minimum of 100 minutes. This change will apply to all deposits received by the company after this date and time, resulting in longer times before the funds are reflected in account balances.
The company stated that the reason for this change is based on the occurrence of block reorganizations (Reorgs) on the LTC blockchain, considering...