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Updated 2024-11-21 23:33
Ripple CEO Says Stablecoin Set To Launch In Coming Weeks
Ripple CEO Brad Garlinghouse has disclosed that the company's stablecoin will go live in weeks instead of months. He expressed optimism about the company's stance in the crypto industry in...The post Ripple CEO Says Stablecoin Set To Launch In Coming Weeks appeared first on The Tech Report.
Solana Records Growth in Institutional Investments Amid Bearish Trend – Will SOL Bounce Back?
Solana has seen a dramatic 7,600% rise in institutional investments, even as its price declines, down nearly 5% in the last 24 hours. The significant inflow of funds could signal...The post Solana Records Growth in Institutional Investments Amid Bearish Trend - Will SOL Bounce Back? appeared first on The Tech Report.
Qatar Financial Centre Unveils Crypto Regulatory Framework
The Qatar Financial Centre (QFC) has released new rules for digital assets.The new rules, tagged QFC Digital Assets Framework 2024," aim to introduce clearer regulatory guidelines and promote a safer...The post Qatar Financial Centre Unveils Crypto Regulatory Framework appeared first on The Tech Report.
Everything You Need To Know About Polygon’s $POL Migration
Polygon Labs is migrating from its original $MATIC token to $POL today as a key part of its Polygon 2.0' roadmap. $POL now becomes the Polygon proof-of-stake (PoS) network's native...The post Everything You Need To Know About Polygon's $POL Migration appeared first on The Tech Report.
POV: North Korea Targets You in Major Centralized Exchange Hack
You roll out of bed, stagger over to your desk, and login to Slack and your company email at Central Coin Exchange, Inc. It's time for another hard day at...The post POV: North Korea Targets You in Major Centralized Exchange Hack appeared first on The Tech Report.
Where to Watch The 24/25 Champions League | Free & Paid Options
Now that the football season is in full gear, it's time to look at where to watch the Champions League this season. The 2024/25 edition of the competition has taken...The post Where to Watch The 24/25 Champions League | Free & Paid Options appeared first on The Tech Report.
WazirX Hack Update: Customers Unlikely to Recover Full Funds
WazirX, the leading cryptocurrency exchange in India, was hit by a security breach on July 18, 2024. It now has an update for its customers, and it's not looking good....The post WazirX Hack Update: Customers Unlikely to Recover Full Funds appeared first on The Tech Report.
Chinese Organizations Are Being Hit by Cobalt Strike Attacks – The Attacker(s) Might Be Chinese
Popular Chinese cloud service provider Tencent Cloud is being used by unknown attackers to launch phishing campaigns and gain network access to Chinese entities. The incident was uncovered last week...The post Chinese Organizations Are Being Hit by Cobalt Strike Attacks - The Attacker(s) Might Be Chinese appeared first on The Tech Report.
Bitcoin ETFs Lost $287.7M and Rate Cuts Could Make It Worse – Think Twice Before Investing
Bitcoin ETFs lost $287.7M yesterday, as institutional investors backed out and $BTC dropped to $56K. Fidelity's $FBTC registered the biggest loss, $162.3M, while BlackRock's $IBIT rests at zero. Nvidia's sell-off...The post Bitcoin ETFs Lost $287.7M and Rate Cuts Could Make It Worse - Think Twice Before Investing appeared first on The Tech Report.
$BRETT Predecessor Base Dawgz Joins DEX Today – $3.2M Already Raised on Presale
The Base chain's Shiba Inu-themed meme coin, Base Dawgz ($DAWGZ), will launch on a decentralized exchange (DEX) today, September 4, at 18:00 CET. Backed by over $3.2M in funding, the...The post $BRETT Predecessor Base Dawgz Joins DEX Today - $3.2M Already Raised on Presale appeared first on The Tech Report.
Starlink Refuses to Comply with Brazilian Supreme Court’s Order
On Monday, a five-judge panel at the Brazilian court voted to uphold the ban that was passed by Justice Alexandre de Moraes earlier this week. Brazil's telecommunication regulator, Anatel, threatened...The post Starlink Refuses to Comply with Brazilian Supreme Court's Order appeared first on The Tech Report.
Transport for London Has Been Hit by a Cyberattack
London's transport network, Transport for London (TfL), has been hit by a cyberattack. The news was confirmed by the agency itself on September 2. TIL deals with most of the...The post Transport for London Has Been Hit by a Cyberattack appeared first on The Tech Report.
Ripple XRP Ledger to Feature Smart Contracts; Will It Token Reach $1?
Despite the bearish market sentiment, Ripple XRP has shown significant resilience. After slipping off the $0.6 threshold in early August, Ripple's XRP has stabilized above $0.5, oscillating between $0.56 and...The post Ripple XRP Ledger to Feature Smart Contracts; Will It Token Reach $1? appeared first on The Tech Report.
Binance Introduces Toncoin on Simple Earn Locked Products with Up to 5.9% APR Rewards
The leading crypto exchange, Binance has announced that it would introduce Toncoin to its Simple Earn Locked Products range. The timing of this strategic announcement has significantly drawn interest within...The post Binance Introduces Toncoin on Simple Earn Locked Products with Up to 5.9% APR Rewards appeared first on The Tech Report.
SEC Commissioner Mark T. Uyeda Proposes Customized S-1 Forms For Crypto Assets
The US Securities and Exchange Commission (SEC) commissioner Mark T. Uyeda has called for customized S-1 registered forms for Crypto assets. The commissioner highlighted the need for clarity in cryptocurrency...The post SEC Commissioner Mark T. Uyeda Proposes Customized S-1 Forms For Crypto Assets appeared first on The Tech Report.
Crypto Market Slowdown: Whale Activity on Bitcoin and Ethereum Plummets
Whale transactions have recently declined significantly amid widespread market struggles and broader economic concerns. This reduction in whale transactions is particularly noticeable with major cryptocurrencies like Bitcoin and Ethereum. However,...The post Crypto Market Slowdown: Whale Activity on Bitcoin and Ethereum Plummets appeared first on The Tech Report.
Pepe Unchained Poised to Lead Renewed Meme Coin Supercycle After $11.5M Presale
Pepe Unchained ($PEPU) has successfully raised over $11.5M million in its ongoing presale, with over $500K secured in just the past four days. This substantial investment highlights growing confidence among...The post Pepe Unchained Poised to Lead Renewed Meme Coin Supercycle After $11.5M Presale appeared first on The Tech Report.
Ripple CLO Condemns SEC’s Use of “Crypto Asset Security,” Says It’s Fabricated
Ripple CLO Stuart Alderoty, has criticized the US Securities and Exchanges Commission (SEC) for repeatedly using the phrase crypto asset security." The lawyer argued that such a term is fabricated...The post Ripple CLO Condemns SEC's Use of Crypto Asset Security," Says It's Fabricated appeared first on The Tech Report.
Bitcoin and Ethereum ETFs Face $280M Outflows Amid US Economic Crises
Recent economic factors, including the US' rising employment rates and weakening TradFi markets, have raised concerns about the crypto sector's future trajectory. Reports by ETC Group highlight how economic issues...The post Bitcoin and Ethereum ETFs Face $280M Outflows Amid US Economic Crises appeared first on The Tech Report.
Qatar’s QFC Issues New Digital Assets Regulatory Framework to Drive Blockchain Adoption
Qatar introduced the 2024 QFC Digital Assets Framework for crypto services providers. The Qatar Financial Centre Authority (QFCA) and Qatar Financial Centre Regulatory Authority (QFCRA) jointly announced it on Sunday....The post Qatar's QFC Issues New Digital Assets Regulatory Framework to Drive Blockchain Adoption appeared first on The Tech Report.
Plummeting Paper Bitcoin Could Be Bullish – Here’s Why $BTC Might Go Up
Bitcoin dumped below $60K on August 27 and hasn't recovered yet. The coin is down by 6.31% in the last week, with a 9.37% drop in its 24-hour trading volume....The post Plummeting Paper Bitcoin Could Be Bullish - Here's Why $BTC Might Go Up appeared first on The Tech Report.
Pump.fun Achieves $100M Revenue in Record Time; Raises Exploitation Concerns
Solana-based token launchpad Pump.fun scored $100M in revenue in just seven months - a record-breaking time for the crypto sector. Pump.fun hit the $100M mark in just 217 days, overriding...The post Pump.fun Achieves $100M Revenue in Record Time; Raises Exploitation Concerns appeared first on The Tech Report.
Chocolate Bar Crypto Theft Ends with an Arrest and Community Service
The chocolate bar crypto theft (totaling 23.5 $BTC) from 2020 came to a close as Scottish authorities tracked the stolen digital assets. The prosecutors found the stolen 23.5 $BTC with...The post Chocolate Bar Crypto Theft Ends with an Arrest and Community Service appeared first on The Tech Report.
70 Organizations Have Been Hit by a New Malware Called “Voldemort”
A brand new malware called Voldemort" has been terrorizing organizations across different industries across Europe, Asia, and the US. The organizations belong to different industries such as transportation, insurance, education,...The post 70 Organizations Have Been Hit by a New Malware Called Voldemort" appeared first on The Tech Report.
China Threatens Japan with Economic Retaliation If It Continues to Restrict the Sale of Chipmaking Tools
Tension between China and Japan is on the rise once again after China threatened Japan with economic retaliation if the latter continued to hinder sales and servicing of chip-making equipment...The post China Threatens Japan with Economic Retaliation If It Continues to Restrict the Sale of Chipmaking Tools appeared first on The Tech Report.
Crypto Investments Touch $305 Million in Outflows Amid Negative Sentiment and Interest Rate
According to CoinShare's latest report, global investment products in the crypto sector experienced a significant shift in financial flows last week. Major asset managers like Ark Invest, Bitwise, BlackRock, Fidelity,...The post Crypto Investments Touch $305 Million in Outflows Amid Negative Sentiment and Interest Rate appeared first on The Tech Report.
Bitcoin (BTC) Forms a Bullish Harami with the New Month Candlesticks – Is the Spike Near?
Bitcoin BTC's price performance in the last month portrayed the asset's volatility. It started at the $65,000 level, hit a steep low at $49,380 (August 5), and made impressive recoveries....The post Bitcoin (BTC) Forms a Bullish Harami with the New Month Candlesticks - Is the Spike Near? appeared first on The Tech Report.
Nigeria Pushes Binance Exec’s Trial Forward Due to Absence of Legal Counsel
The Nigerian authorities have setSeptember 2 as the date for Binance executive Tigran Gambaryan's legal trial. The government detained Gambaryan on money laundering allegations and accused the crypto exchange of...The post Nigeria Pushes Binance Exec's Trial Forward Due to Absence of Legal Counsel appeared first on The Tech Report.
OKX Secures A License in Singapore, Appoints Former Regulator as OKX Singapore CEO
OKX has achieved a significant milestone by obtaining a full license in Singapore. This license, granted by the Monetary Authority of Singapore (MAS), allows OKX to operate as a fully...The post OKX Secures A License in Singapore, Appoints Former Regulator as OKX Singapore CEO appeared first on The Tech Report.
Is XRP Doomed? Whales Dump Millions Amidst SEC Settlement
XRP whales are selling large amounts of the cryptocurrency, sparking investor concerns.Nearly 1 billion XRP has been moved in the past day, raising questions about the asset's future. This sell-off...The post Is XRP Doomed? Whales Dump Millions Amidst SEC Settlement appeared first on The Tech Report.
Donald Trump Takes The Lead On Polymarket’s Election Analysis, Harris’ Position Plummets To 47%
Former President Donald Trump leads on the DeFi prediction market Polymarket for the US upcoming election in November. The analysis indicated a 50% winning odds for Trump in the election....The post Donald Trump Takes The Lead On Polymarket's Election Analysis, Harris' Position Plummets To 47% appeared first on The Tech Report.
AI-to-AI Trades – Does the Coinbase Breakthrough Signal a New Era?
Coinbase conducted its first AI-to-AI crypto transaction, signaling a significant step in integrating artificial intelligence with blockchain technology. The transaction involved AI agents or bots' autonomously performing the exchange, demonstrating...The post AI-to-AI Trades - Does the Coinbase Breakthrough Signal a New Era? appeared first on The Tech Report.
The Meme Games Coin Offers 25% Token Bonus & Joins Top DEXs Next Week
The Meme Games ($MGMES) is ending its presale on 8 September, coinciding with the last day of the Paris Paralympics. The token claim and meme coin launches on DEXs will...The post The Meme Games Coin Offers 25% Token Bonus & Joins Top DEXs Next Week appeared first on The Tech Report.
The US Government Will Get Sentient AI First – OpenAI, Anthropic Sign Key Deal
The US government has been known to drag its heels with new technologies; just look at the SEC vs crypto. So why is it moving so fast on AI? A...The post The US Government Will Get Sentient AI First - OpenAI, Anthropic Sign Key Deal appeared first on The Tech Report.
Is The $BTC Bear Market Imminent? Whales Are Confident in $BTC’s Rebound as Retail Investors Panic
$BTC stands in a precarious position, potentially heading for a bear market as it struggles to break above $60K. Meanwhile, whales are hoarding the token as smaller traders liquidate their...The post Is The $BTC Bear Market Imminent? Whales Are Confident in $BTC's Rebound as Retail Investors Panic appeared first on The Tech Report.
SEC Throws Wrench in FTX’s Stablecoin Repayment Plan, Faces Backlash
The US SEC warned it may take legal action against the defunct exchange FTX if it attempts to reimburse its creditors using stablecoins. While using stablecoins for creditor repayments is...The post SEC Throws Wrench in FTX's Stablecoin Repayment Plan, Faces Backlash appeared first on The Tech Report.
“Nudify” Websites Are Using Sign-on Systems from Google, X, Discord, Patreon & Line
Harmful nudify" websites that use AI to undress a victim's photo without their consent have been using the sign-in infrastructure from Apple, Google, X, Discord, Patreon, and Line. 16 such...The post Nudify" Websites Are Using Sign-on Systems from Google, X, Discord, Patreon & Line appeared first on The Tech Report.
Amazon’s Revamped AI-Enabled Alexa Might Be Coming Out in October
Amazon's revamped version of the Alexa is, in all likelihood, coming out this October. This has been confirmed by as many as 5 people acquainted with the project - who...The post Amazon's Revamped AI-Enabled Alexa Might Be Coming Out in October appeared first on The Tech Report.
Bitcoin Exchange Reserves Drop to New Low Hinting at Possible $60,000 Retest
Analytical platform CryptoQuant data reveals that bitcoin BTC stored on crypto exchanges has declined to a new supply low. A cryptoQuant contributor, Gaah, believes that Bitcoin reserves dropping to new...The post Bitcoin Exchange Reserves Drop to New Low Hinting at Possible $60,000 Retest appeared first on The Tech Report.
South Korean Firm Collaborates with Chiliz Blockchain to Launch Crypto Wallet
Leading South Korean technology company Naver has rolled out its non-custodian crypto wallet, called Naver Pay Wallet. This new development is the firm's first-ever crypto wallet and is still in...The post South Korean Firm Collaborates with Chiliz Blockchain to Launch Crypto Wallet appeared first on The Tech Report.
Gnosis Chain Reconsiders Gas Token Options Following MakerDAO’s New Stablecoin Launch
Gnosis Chain is contemplating a significant decision that could reshape its operational sector. According to reports, the Gnosis community is actively reevaluating its choice of gas tokens. This move comes...The post Gnosis Chain Reconsiders Gas Token Options Following MakerDAO's New Stablecoin Launch appeared first on The Tech Report.
Binance Shows Support for Cardano’s Latest Hard Fork; More Price Changes Ahead?
Cardano Chang upgrade, launched on September 1, 2024, will see the blockchain transition into the Conway era.As anticipation heightens, Binance, the leading crypto exchange, has announced its support for this...The post Binance Shows Support for Cardano's Latest Hard Fork; More Price Changes Ahead? appeared first on The Tech Report.
Donald Trump’s New Crypto Venture World Liberty Financial Promises High-Yield DeFi Investments
Former U.S. President Donald Trump has launched a new crypto, World Liberty Financial, sparking discussions in the cryptocurrency space. The mysterious new project offers high-yield investment opportunities to investors. However,...The post Donald Trump's New Crypto Venture World Liberty Financial Promises High-Yield DeFi Investments appeared first on The Tech Report.
BlackRock’s BTC ETF Records Second-Ever Outflows As Bitcoin Slipped Below $59,000
BlackRock's spot Bitcoin ETF (IBIT) has witnessed its second day of outflows since its launch early this year. IBIT recorded a whopping net outflow of $13.5 million. The fund's performance...The post BlackRock's BTC ETF Records Second-Ever Outflows As Bitcoin Slipped Below $59,000 appeared first on The Tech Report.
Brazil‘s Supreme Court Imposes Nationwide Ban on X
On Friday, Brazil's Supreme Court imposed a nationwide ban on Musk's social media company X after the company failed to meet court orders. Just a couple of days ago, Justice...The post Brazils Supreme Court Imposes Nationwide Ban on X appeared first on The Tech Report.
Custodia Bank Reduces Workforce Amid Intense US Crypto Crackdown
Custodia Bank has reduced its workforce by layoffing 25% of staff, slashing nine jobs amid regulatory pressure. The bank's CEO, Caitlin Long, cited the Biden administration's stringent crypto regulations as...The post Custodia Bank Reduces Workforce Amid Intense US Crypto Crackdown appeared first on The Tech Report.
Australia’s Crypto ATM Market Surges 17 Times, Becoming World’s Third Largest
Australia has experienced a dramatic surge in the number of crypto ATMs over the past two years, with the count increasing 17 times. This rapid expansion has positioned Australia as...The post Australia's Crypto ATM Market Surges 17 Times, Becoming World's Third Largest appeared first on The Tech Report.
El Salvador President Says Bitcoin Strategy Has Been Net Positive, but Adoption Still Lags
Pro-Bitcoin nation El Salvador has improved economically since adopting its Bitcoin strategy in 2021. The country now holds $400 million in Bitcoin in its public wallet alone. President Nayib Bukele...The post El Salvador President Says Bitcoin Strategy Has Been Net Positive, but Adoption Still Lags appeared first on The Tech Report.
Analyst Says New Crypto Traders’ Impatience Has Delayed the Altcoin Season
Glassnode's lead analyst, James Check, says the much-anticipated altcoin season will not occur as expected. He blames the overenthusiasm among new crypto traders for this delay. The latest episode of...The post Analyst Says New Crypto Traders' Impatience Has Delayed the Altcoin Season appeared first on The Tech Report.
BlackRock’s Spot Bitcoin ETFs Fund IBIT Reports First Negative Flows Since May 1
Spot Bitcoin ETFs recorded net outflows of $71.73 million on August 29, marking the third consecutive day of negative flows. BlackRock's IBIT, the leading spot Bitcoin ETFs, recorded a surprising...The post BlackRock's Spot Bitcoin ETFs Fund IBIT Reports First Negative Flows Since May 1 appeared first on The Tech Report.
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