CryptoNews

Decoding the Dominance: A Deep Dive into Ethereum and Tron's Tether Wallets – Featured Bitcoin News

September 6, 2023
Although bitcoin and ethereum dominate the crypto realm in terms of market capitalization, tether (USDT) stands out as the third-largest digital currency by market valuation. Notably, while USDT operates on multiple blockchains, Ethereum and Tron predominantly host its supply. This piece delves deeply into the top ten tether wallets on Ethereum and the most significant tether vaults on…
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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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CryptoNews

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 Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network.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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