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Sep 12: Coinbase's Flatcoins, Bitcoin Lightning Payments, Gensler's Oversight, PayPal's Crypto Service, Market Drops, and FTX's $3.4 Billion Portfolio

Welcome to another episode of Daily Crypto News! In today's roundup, we explore Coinbase CEO Brian Armstrong's thoughts on "Flatcoins" and their potential impact on the crypto landscape. David Marcus discusses Bitcoin payments and the Lightning Network's role in shaping the future of transactions. SEC Chair Gary Gensler highlights wide-ranging noncompliance issues ahead of his oversight testimony. Meanwhile, PayPal introduces a new crypto-for-USD conversion service, making crypto more accessible. We also delve into the crypto market's recent performance, with Ethereum, Bitcoin, and altcoin…

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