by Leah Waters (Alger) on (#6QK76)
SARS has tightened its grip on cryptocurrency trading, issuing tax notices and enhancing regulations. The South African Revenue Service has been working closely with SARB and international exchanges to prevent...The post South African Regulators May Be Using AI To Crack Down On Crypto Tax Dodgers appeared first on The Tech Report.
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Techreport
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Updated | 2024-11-22 01:17 |
by Lora Pance on (#6QK77)
The UK Financial Conduct Authority (FCA) rejected 87% of crypto firms licensing applications due to insufficient anti-money laundering (AML) and fraud detection practices in 2023. A Finextra report reveals that...The post UK's FCA Rejects 87% of Licensing Applications, Takes 459 Days to Review One appeared first on The Tech Report.
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by Alex Popa on (#6QK2S)
Despite all the investor hype, why are Bitcoin ETFs not widely adopted yet? Bianco Research CEO (Jim Bianco) might have an answer or three: Holders are recording losses. Institutions aren't...The post Are Bitcoin ETFs Failing? Bianco Research CEO Answers appeared first on The Tech Report.
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by Lora Pance on (#6QK2T)
Tepco's subsidiary Agile Energy X explores green $BTC mining to optimize energy consumption. The company installed mining rigs near solar fields in Tochigi and Gunma, about 150 km from Tokyo....The post Japan's Agile Energy X Explores Green $BTC Mining, Could Generate $2.5B Revenue Annually appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QJZH)
At its annual developers conference in San Francisco on September 6, Roblox announced a bunch of updates regarding its game developers and payment model. How Will the New Payment System...The post Roblox Introduces New Monetization Methods for Its Game Developers appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QJZJ)
On Friday last week (September 6), the Competition and Markets Authority (Britain's competition watchdog) issued a statement objecting to Google's ad tech practices. It feels that Google's practices are hindering...The post UK Competition Regulator Accuses Google of Anti-competitive Ad Practices appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QJZK)
On Friday, Meta announced that by 2025 it will allow users to use third-party apps to chat via WhatsApp and Messenger. This decision is part of its initiative to comply...The post Meta Will Allow Third-Party Chats and Calls on WhatsApp and Messenger in a Few Years appeared first on The Tech Report.
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by Rida Fatima on (#6QJZM)
The hacker behind the Penpie $27 million crypto theft has reportedly received an appreciation message from another criminal. The decentralized finance protocol Penpie fell victim to a significant exploit, leading...The post Penpie Hacker Steals $27M in DeFi Exploit, Receives Praise from Fellow Criminal appeared first on The Tech Report.
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by Rida Fatima on (#6QJZN)
Cardano (ADA) has shown resilience despite current struggles. A recent analysis reveals that ADA outperformed many top cryptocurrencies during the latest bull run. According to Cardano Whale, a respected community...The post Cardano ADA's Bullish Streak: Outperforming 18 Top Cryptocurrencies appeared first on The Tech Report.
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by Rida Fatima on (#6QJW0)
Bitcoin traders are optimistic despite September's historically bearish trend for the cryptocurrency. While some traders remain cautious, others predict a surprise rally that may catch bears off guard. Analysts believe...The post Bitcoin Traders Remain Optimistic Despite September Downturn appeared first on The Tech Report.
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by Rida Fatima on (#6QJW1)
The crypto market maintained its downward trajectory amid fears of a possible economic downturn. Bitcoin (BTC) experienced a sharp drop, falling by over 4% at one point on September 5...The post Crypto Decline Amid Recession Fears, Aptos (APT) Leads Losses Ahead of Token Unlock appeared first on The Tech Report.
by Krishi Chowdhary on (#6QHXB)
Telegram founder and CEO Pavel Durov have called his detainment by French authorities misguided". He added that they should have approached his company with whatever complaints they had instead of...The post Pavel Durov Calls His Detainment In France Misguided appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QHXC)
YouTube is changing its recommendation algorithm to prevent users from falling into a rabbit hole of fitness and weight-related videos. It will also allow parents to check what their kids...The post YouTube Will Alter Its Algorithm to Restrict Fitness Videos for Teenagers appeared first on The Tech Report.
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by Rida Fatima on (#6QHVN)
United States prosecutors have reportedly linked Ryan Salame, FTX Digital Markets' former co-CEO, to a Chinese bribery scandal involving Alameda Research. While trying to unfreeze some FTX and Alameda Research...The post US Prosecutors Allegedly Link Former FTX Exec to a Bribery Scheme in China appeared first on The Tech Report.
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by Rida Fatima on (#6QHVP)
The cryptocurrency market sentiment is back in extreme fear" as Bitcoin's price dropped under $56,000.This recent slump has shaken the market, raising concerns about the future direction of Bitcoin and...The post Arthur Hayes Warns: Bitcoin Could Drop Below $50K This Weekend appeared first on The Tech Report.
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by Rida Fatima on (#6QHVQ)
Australian asset management firm Monochrome has filed to list the Ethereum exchange-traded fund (ETF) through a partnership with Vasco Trustees Limited. The application indicated that Monochrome chose CBOE Australia as...The post Monochrome Files For Australian Ethereum ETF, The First In Direct Holding appeared first on The Tech Report.
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by Rida Fatima on (#6QHVR)
The broader crypto market has been bearish, pushing most assets into the red. Amid this onslaught, Pepe, a popular memecoin, significantly declined as long-term holders offloaded their tokens. However, PEPE...The post Pepe Whales Avert 10% Price Decline With $42 Million Accumulation appeared first on The Tech Report.
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by Rida Fatima on (#6QHVS)
The crypto market remains volatile, with top coins shedding significant gains over the past day. Solana isn't spared from this onslaught, as it has recently shed some of its past...The post Solana (SOL) Coin Plunges 3% While Related Memecoins Triumph - Are Investors Diverting Their Interests? appeared first on The Tech Report.
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by Kate Sukhanova on (#6QHCZ)
If these K-pop statistics are anything to go by, the formerly niche music genre is taking the world by storm. Its appeal is largely due to the combination of funky...The post K-Pop Statistics - Top Artists and Trends in 2024 appeared first on The Tech Report.
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by Yi Ping Bao on (#6QHD0)
MetaMask Global payment giant Mastercard has teamed up with Mercuryo to launch Spend,' a crypto debit card that supports non-custodial crypto wallets. The announcement follows the release of MetaMask's crypto-to-fiat...The post Mercuryo Launches Virtual Crypto Debit Card Spend' in Partnership With Mastercard appeared first on The Tech Report.
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by Leah Waters (Alger) on (#6QHD1)
CCData's latest report revealed that the Japanese yen carry trade has boosted CEXs' trading volumes in unexpected ways. Following the Bank of Japan raising its interest rates in March, the...The post Centralized Exchange Trades Thrive Against the Japanese Yen, Suggests CCData appeared first on The Tech Report.
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by Aaron Walker on (#6QHD2)
Another speech by Donald Trump and another series of big crypto promises. This time, Trump pledges to reduce legislation, encourage crypto innovation - and hire Elon Musk? Time to jump...The post Trump Diverts Attention with A Plan for Crypto Salvation for The US Economy appeared first on The Tech Report.
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by Justin Van Gent on (#6QHD3)
The best thriller movies captivate us, pulling us into their world of tension, mystery, and danger. In this article, we list 7 of the best, most adrenaline-fueled, and intensely captivating...The post 7 Best Thrillers to Stream in 2024: Crime, Psychological & Horror Suspense Movies appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QH4M)
On Thursday (September 5), the United States published a new set of controls for managing advanced technology. These guidelines are in line with similar instructions imposed by international partners, such...The post US Announces New Rules for Advanced Technologies like Quantum Computers & GAAFET appeared first on The Tech Report.
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by Alpa Somaiya on (#6QH4N)
$DAWGZ debuted on DEX at 18:00 CET yesterday. It showed its bullish intent in its first few minutes on the open market, although it succumbed to profit-taking. Traders have a...The post Base's First Multichain Token Base Dawgz ($DAWGZ) Launches on DEXs appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QH15)
As per a report by the Wall Street Journal on Thursday, the data that was stolen from Walt Disney in early July contained financial and strategy information of the company...The post Disney Hack Update: Leaked Data Contained Internal Messages, Staff Information & Revenue Numbers appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QH16)
Clearview AI has been hit by a massive fine of 30.5 million ($33.7 million) by the Netherlands' data protection authority, Autoriteit Persoonsgegevens (AP), on Tuesday for violating the European Union's...The post Clearview AI Hit by 30.5 Million in the Netherlands for Violating the GDPR appeared first on The Tech Report.
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by Rida Fatima on (#6QH17)
The Ripple VS. SEC lawsuit is taking a different turn than expected. Ripple is requesting to stay the $125 million penalty payment to the SEC. This unexpected twist has sparked...The post SEC's Appeal in Ripple XRP Lawsuit Might by in 2026, Says Attorney Fred Rispoli appeared first on The Tech Report.
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Ripple Expands into Stablecoins and DeFi with Smart Contracts, But XRP Price Remains Steady at $0.50
by Rida Fatima on (#6QH18)
Ripple, the company behind XRP, has recently made significant announcements about its advancements. One of the latest developmentsis Ripple'sentry into the stablecoin market by launching the US-pegged token RLUSD. Ripple...The post Ripple Expands into Stablecoins and DeFi with Smart Contracts, But XRP Price Remains Steady at $0.50 appeared first on The Tech Report.
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by Rida Fatima on (#6QH19)
The prominent Ethereum wallet MetaMask has announced its support for the Cardano blockchain. MetaMask disclosed its decision to integrate Cardano wallet Snap, enabling users to interact with the protocol's blockchain....The post MetaMask Enables Users' Interaction With Cardano Blockchain appeared first on The Tech Report.
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by Rida Fatima on (#6QH1A)
Ethereum (ETH) appears poised for notable price moves this month. According to data from Santiment, Ethereum boasts over a 3.3% increase in global adoption within three months, with roughly 4...The post Ethereum (ETH) Price to Surge as The Asset Hits over 3.3% Holders Higher than Bitcoin appeared first on The Tech Report.
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by Rida Fatima on (#6QGX6)
Anthony Scaramucci of SkyBridge Capital has made a bold Bitcoin price prediction: it will soon reach $150,000 to $200,000. Scaramucci's forecast is based on the growing number of Bitcoin wallets,...The post Bitcoin Could Reach $200K, Says SkyBridge's Anthony Scaramucci - Aiming for Gold's Market Cap appeared first on The Tech Report.
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by Rida Fatima on (#6QGX7)
Recently, Polygon significantly changed its ecosystem by migrating its native token MATIC to POL. The change triggered a spike in its on-chain activity, circulating several dormant accounts. However, the activity...The post Polygon Token Continues to Face the Same Issues Amid Name Migration appeared first on The Tech Report.
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by Rida Fatima on (#6QGX8)
Leading US chipmaker Nvidia has debunked rumors about an antitrust investigation involving the US Department of Justice (DOJ). The company denied receiving a subpoena related to the claims. Following Nvidia's...The post Nvidia Refutes Claims of DOJ's Antitrust Subpoena as Investigation Reports Surface appeared first on The Tech Report.
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by Alpa Somaiya on (#6QGSV)
Pepe Unchained ($PEPU) has reached another significant milestone, raising over $12M in its presale. Early Wednesday, the capital stood at $11.85M, but the new meme coin that sports its own...The post Pepe Unchained Hits $12M in Presale as The Smart Money Invests In The Ultimate $PEPE appeared first on The Tech Report.
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by Leah Alger on (#6QGHE)
South Korea's FSS will soon start inspecting crypto exchanges and other VASPs to ensure they comply with stringent regulations under the Virtual Asset User Protection Act. There'll be severe consequences...The post South Korea Intensifies Oversight of Crypto Exchanges, Threatens Imprisonment appeared first on The Tech Report.
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by Yi Ping Bao on (#6QGHF)
The Fed identified significant deficiencies' in the United Texas Bank's risk management and dealings with crypto customers. After examining the crypto-friendly bank and finding oversights' by the bank's senior management,...The post US Fed Hits Crypto-Friendly Texas Bank With Cease and Desist Order Due To Oversight' Issues appeared first on The Tech Report.
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by Renee Johnson on (#6QGHG)
A few years ago this article would be written by a human writer who did their research first, asked experts some questions regarding the topic, analyzed the information online and...The post The Rise Of AI In Content Creation And How You Can Leverage It For Your YouTube Channel appeared first on The Tech Report.
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by Aaron Walker on (#6QGHH)
What's the debate all about? First, Robinhood encouraged a new generation of stock traders, claiming it was out to democratize investing.' Then, it restricted its users from trading GameStop stock...The post Business As Usual? Robinhood Reaches $3.9M Settlement Over Crypto Withdrawal Issues appeared first on The Tech Report.
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by Leah Alger on (#6QGHJ)
After reportedly making ties with Coinbase and Ripple, Future Forward announced it would accept crypto payments to support Kamala Harris in winning the 2024 US Presidential Election. Why's this a...The post The PAC's Ripple & Coinbase Crypto Donations May Be the Answer to Kamala Harris' US Presidential Victory appeared first on The Tech Report.
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by Aaron Walker on (#6QGAN)
You purchase tokens, you swap them, you watch them arrive in your wallet - and then they vanish. Sounds like a simple transaction failure, right? Perhaps, but crypto users are...The post New Solana Vulnerability Burns Tokens In Your Wallet - Can You Avoid It? appeared first on The Tech Report.
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by Yi Ping Bao on (#6QG41)
Japan's financial regulator is planning to lower the tax rate (from 55% to 20%) on crypto profits starting in 2025. Several blockchain firms have already moved out of the country...The post Japan's Financial Regulator Proposes Lower Crypto Taxes in 2025 appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QG42)
Nvidia suffered the biggest one-day market cap loss, losing almost $278 billion in value after the United States Department of Justice (DoJ) reportedly filed an antitrust subpoena against it. This...The post Nvidia's Biggest Ever Market Cap Loss: $278 Billion Wiped Out in a Day appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QG43)
A director from the Korea Food Research Institute (a government-affiliated institution) has been charged for illegally operating a crypto mining server at work. The accused's identity has not been disclosed...The post South Korean Government Institute Director Charged for Illegal Crypto Mining at Work appeared first on The Tech Report.
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by Krishi Chowdhary on (#6QG44)
Meta has decided to inform its Brazilian users about how it uses their personal data in training generative artificial intelligence (AI). From Tuesday onwards, all users will get an email...The post Meta Decides to Be More Transparent About Its Data Usage Policies in Brazil appeared first on The Tech Report.
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by Rida Fatima on (#6QG12)
The US Federal Trade Commission (FTC) has reported an increased rate of fraud losses via Bitcoin ATMs. The agency revealed that crypto scams through BTC ATMs saw a 1000% rise...The post FTC Reports Crypto Scams Via Bitcoin ATMs Spike By 1000% Since 2020 appeared first on The Tech Report.
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by Rida Fatima on (#6QFX2)
Former US president Donald Trump and his family have hinted about an upcoming DeFi project named World Liberty Financial. Despite having teased about it for weeks, little information has surfaced...The post Donald Trump's Crypto Project Reportedly Linked to Failed DeFi Protocol, Sparks Safety Concerns appeared first on The Tech Report.
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by Rida Fatima on (#6QFX3)
Mark Karpeles, former CEO of the defunct cryptocurrency exchange Mt. Gox, is set to launch a new crypto exchange later this month. In an interview with the Block during the...The post Former Mt. Gox CEO Launches A New Transparency-Focused Crypto Exchange appeared first on The Tech Report.
by Rida Fatima on (#6QFX4)
Wall Street was all red on Tuesday, September 3, with top indices like the S&P 500 declining significantly. This bloodbath sipped into the crypto market, pushing Bitcoin down by 4.5%...The post Bitcoin Bloodbath On The Way? Market Indicators Point to Crash appeared first on The Tech Report.
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by Rida Fatima on (#6QFX5)
Samsung Next, the investment division of the South Korean conglomerate Samsung, has announced a new investment in Startale Labs. This strategic decision has quickly become the focus of discussions in...The post Samsung Invests in Startale Labs, Sony's Blockchain Partner appeared first on The Tech Report.