CryptoNews

Hawaii Man Charged for Making False Security Fund Conversion to Crypto Claims – Regulation Bitcoin News

September 6, 2023
The U.S. Securities and Exchange Commission has charged a Hawaiian resident for falsely claiming that his fraudulent security would become the “first publicly traded security fund to convert to a cryptocurrency.” According to the Commission, the man promoted the security to boost its price and bolster the value of his portfolio. Fabricated Documents Used to Perpetrate the Fraud The U.S.
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Maker Co-Founder Proposes Future Protocol Implementation on Solana Fork – Bitcoin News

September 5, 2023
Rune Christensen, a co-founder of Maker, the Ethereum-based stablecoin protocol, has proposed to reimplement the protocol on a new chain forked from Solana. This move would be the final part of “Endgame,” an update to the protocol that seeks to grow the stablecoin dai by enhancing “efficiency, resilience, and participation.” Maker Proposal Involves Protocol Reimplementation on Solana…
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Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak – Bitcoin News

September 5, 2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning Network’s Capacity Drops by Over $20M in Just Two Months The Lightning Network (LN) serves as a…
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CryptoNews

Latam Insights: Worldcoin Breaks Records in Argentina, Circle Brings USDC to Chile – Bitcoin News

September 5, 2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to Chile, and Binance launches a Latam-focused remittance solution. Worldcoin Reaches Record Verifications in Argentina Worldcoin, the biometric ID and digital…
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