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Cryptocurrency becomes more attractive for investment as the Securities and Exchange Commission (SEC) becomes more strict, per a recent study. As it showed, investors are now feeling more optimistic about Bitcoin’s price outlook heading into the end of the year. The Bright Side of Regulation The survey, conducted by MLIV Pulse, garnered 544 responses from different mark participants. Nearly 60% of the investors viewed the commission’s recent legal actions as a positive for crypto as an asset class. The SEC…

Binance is on the road to uncovering the identity of the hacker behind the Oct 7 BNB cross-chain bridge attack. CEO of the leading exchange ChangPeng Zhao revealed this in a recent interview with news outlet CNBC’s “Squawk Box Europe.” Binance Enlists Law Enforcement Personnel Changpeng Zhao stated that the exchange has been working alongside law enforcement agents globally since the attack. CZ explained that the platform is collaborating with the relevant authorities to “chase the bad players.” This, CZ…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $921 billion. Bitcoin has barely moved from last week’s position following a 0.2% boost this week. Ethereum gained almost 2% over the past seven days. XRP dropped by nearly 5% this past week. Almost all altcoins are trading in the red, with few exceptions. The DeFi sector increased the total value protocols (TVL) to…

Per a CoinATMRadar report, Spain now ranks third globally in terms of crypto ATM installations within its borders. The European nation has pushed past El Salvador to sit behind the USA and Canada. Spain Now 3 ATMs Ahead of El Salvador According to the data, crypto users in Spain now have access to a total of 215 crypto-optimized ATMs. Indeed, Spain is responsible for 0.6% of crypto ATM installations around the world. Notably, El Salvador only falls behind by 0.1%…

A Norwegian court has ruled in favor of Bitcoiner Magnus Granath in a lawsuit against self-proclaimed BTC inventor Craig Wright. Granath, who goes by Hodlonaut on Twitter filed the suit in Norway after Wright set out to bring a defamation suit against him.  Hodlonaut’s Inciting Tweets News of Granath’s victory emerged on Thursday via court files. The documents revealed that Norwegian judge Helen Engebrigtsen found that Hodlonaut's claims were backed by sufficient factual evidence.  The story behind the case goes…

Martin Gruenberg – Chairman of the Federal Deposit Insurance Corporation (FDIC) – has expressed worry over how stablecoins could affect U.S. banking.  During a speech at the Brookings Institution on Thursday, the chairman said a payment stablecoin could “fundamentally alter the landscape of banking.” “Economies of scale associated with payment stablecoins could lead to further consolidation in the banking system or disintermediation of traditional banks.”  Federal Reserve Vice chair Lael Brainard has previously noted similar risks, recommending a CBDC to…

A potential agreement with FTX.US may see ex-clients of failed crypto broker Voyage Digital regain up to 72% of their frozen cryptocurrency. In the past 24 hours, news of the bankruptcy payout plan emerged via court documents.  FTX Deal Still Under Question According to the court files, Voyager’s former customers may be able to recover more than 70% of the original value of their accounts. FTX.US’s tentative acquisition of the lender’s assets could see the US-regulated exchange fully pay out…

Jack Dorsey has announced BlueSky’s long-awaited decentralized social protocol, called “Authenticated Transport Protocol.” The protocol is designed to let users regain control of their identity and data when using social apps. Decentralization Without Tokenization According to BlueSky, the AT Protocol (formerly known as “ADX”) integrates existing decentralized technologies to create a “simple,” “fast,” and “open” network. BlueSky is a non-profit launched by Twitter in 2019, without any stake held by the parent company.  Jack Dorsey has previously suggested that BlueSky…

In a recent interview with crypto journalist Laura Shin of the Unchained podcast, Terra founder Do Kwon opened up about the platform’s resounding crash. The TFL CEO took full responsibility for the collapse, apologizing for his earlier "arrogance". He also addressed the fraud allegations he is currently facing.  Fraud Allegations are Invalid, Says Do Kwon The interview lasted over 1 hour and saw Shin ask numerous questions relating to the collapse. Shin's interview bordered on the scam accusations leveled against…