Techreport

Meta has been asked to pay a fine of 798 million ($840 million) for using abusive" practices to benefit from Facebook Marketplace. It started with an investigation in 2021 that led to these concerns being raised for the first time in 2022. The company has addressed the decision and said it would appeal against it. But in the meantime, it has decided to comply with it and develop an action plan to address issues.The post EU Hits Meta With a 798 Million Fine for Anti-competitive Practices in Facebook Marketplace appeared first on Techreport.

A 29-year-old graduate student Vidhay Reddy was asked to die by Google Gemini after he asked some questions regarding his homework.Google has addressed this issue and said that this is a nonsensical response", clearly against its policies and it has taken necessary actions.Reddy feels that this whole incident could have taken a much worse turn if the bot said it to someone who was already struggling with their mental health.The post Google Gemini Asks a Student To Please Die" After They Ask For Help With Homework appeared first on Techreport.

JPMorgan's retail sentiment score suggests extreme investor optimism for $BTC and related products; MicroStrategy and Metaplanet aggressive $BTC acquisitions are paying off as MSTR stock rises by 55.51% and JP:3350 by 57.63% month-to-date; The high put-call skew for MSTR options indicates extreme bullishness, which could be a precursor to a market correction.The post JPMorgan's $BTC Sentiment Score Soars, MicroStrategy to Beef Up Its Stash appeared first on Techreport.

Solana is the most popular blockchain in 2024, with almost 39% investor interest. $SOL meme coins are also thriving, while $SOL is up by 56.78% in the past month.pump.fun (the Solana memecoin launchpad) recorded its seventh-day fee earning peak, with $1.65M gained.Pepe Unchained ($PEPU) has a real chance of following in Pepe's 763x gains and pump.fun's meteoric rise as a meme coin launchpad.$PEPU's presale will end on December 13, and it has already raised over $35M.The post Pepe Unchained Meme Coin Raises $35M - Pump Pad Might Rival Solana's Pump.fun appeared first on Techreport.

Bitwise seeks to convert its crypto index fund to a crypto exchange-traded product (ETP).The 10 Crypto Index Fund (BITW) is one of Bitwise's flagship products.Bitwise's application comes amid the recent indication of Gensler's resignation and a potential new SEC Chair.The post Bitwise Files For Multi-Crypto ETF Amid Indication of Gensler's Resignation appeared first on Techreport.

XRP whale wallets now hold 45.61 billion tokens, the highest since June 2018.Whale wallets have added 3.44 billion XRP in two years, signaling growing confidence in the asset.XRP's price surged past $0.80 amid broader market pullbacks, with key support levels around $0.75-$0.77, vital for a sustained bullish trend.The post XRP Whales Reach 6-Year High in Accumulation as Price Rebounds to $0.80 appeared first on Techreport.

China's lockdown censorship during the COVID-19 pandemic inspired the emergence of Taiko, an Ethereum layer-2 rollup.Taiko's founder Daniel Wang shared his motivation for developing an unstoppable" decentralized platform amid physical restrictions.Taiko aims to highlight the feasibility of based rollups and overturn centralized signature-based ones.The post China's COVID Lockdown Inspired Ethereum L2 Taiko appeared first on Techreport.

A smart whale sold 850,000 Dogwifhat (WIF) tokens, sparking market speculation and a 15% price drop.The whale swapped WIF for SOL, booking $7.5 million in profits.Despite the large sale, the whale still holds 50,000 WIF, worth $175K.The post Smart Whale Cashes Out $7.5M in Dogwifhat, Sends Price Tumbling By 15% appeared first on Techreport.

Spot Bitcoin and Ethereum ETFs have ended their streak of inflows since Trump's victory on November 5.On Thursday, Bitcoin and Ether ETFs closed with negative flows of over $400 million and $3.2 million, respectively.The broader crypto market rally has stalled, with Bitcoin retracting below the $90,000 threshold.The post Spot Bitcoin And Ethereum ETFs Record First Outflows After Trump's Victory appeared first on Techreport.

A new report suggests that Trump might remove capital gains taxes on US-issued crypto tokens.This would mean that investors will no longer have to pay taxes on the profit they make from trading in crypto.However, this offer is only applicable to companies registered in the US. If non-US companies want to benefit from it, they should relocate to the US.The post President Trump to Remove Capital Gains Tax from Certain US Cryptocurrencies appeared first on Techreport.

Micro-blogging startup Bluesky, which is also a rival of X, has gained 1.25 million new users in just a week.After the results of the US presidential election came out, a lot of X users left the platform because Musk is a staunch supporter of Trump.These users then joined Bluesky and Meta's Threads, another X rival.The post X Rival Bluesky Gains 1.25 Million New Users in Just a Week After Trump's Victory appeared first on Techreport.

Funds are pouring into Pepe Unchained's ($PEPU) presale at a staggering $1M per day, on track to amass over $50M; With its revolutionary Ethereum Layer-2 (L2) platform, Pepe's Pump Pad could blow pump.fun out of the water; Allowing users to create their own meme coins in just a few clicks, Pump Pad will be easier, more rewarding, and more competitive than pump.fun; With just 27 presale days left, join the $PEPU community for the chance to turn a $1K investment into $700K.The post Pepe Unchained ($PEPU): Unlocking 763x Gains Like PEPE - Just 27 Days Left to Buy Before the FOMO Frenzy Peaks! appeared first on Techreport.

A popular WordPress security plugin called Really Simple Security has a major flaw that allows attackers to bypass authentication. With a threat score of 9.8/10, this flaw allows attackers to enter a site as administrators, with full access to make any changes they want.The flaw is yet to be fixed but another WordPress security plugin called Wordfence has been blocking as many attacks as it can.The post A Major Flaw In Popular WordPress Security Plugin Has Put 4 Million Websites at Risk appeared first on Techreport.

Key Takeaways In a podcast on Monday, Anthropic CEO Dario Amodei warned that a future with human-level AIs is not far away. In fact, it might happen as soon as...The post Anthropic CEO Says Human-level AI Models Might Arrive By 2026 appeared first on Techreport.

Litecoin humorously claimed to be a meme coin, sparking excitement in the crypto community.The price of Litecoin (LTC) surged by 15% following its playful tweet.Analysts believe this hype could push Litecoin's price toward the $100 mark.The post Litecoin Identifies as Meme Coin Amid Market Buzz, Fueling 15% Price Rally appeared first on Techreport.

In the $235 million WazirX hack investigation, Delhi Police arrested a suspect linked to a group of hackers.An independent review by the Indian Cyber Crime Coordination Centre confirmed WazirX's internal security wasn't compromised, as attackers used external deceptive methods.Liminal Custody, WazirX's digital asset manager, accused WazirX of unfairly shifting blame for the breach onto itThe post Delhi Police Arrest Suspect in $235M WazirX Hack, Exposing Telegram-Based FakeAccountScam appeared first on Techreport.

Economist Mikybull predicts XRP will experience a massive price rally similar to Dogecoin's recent surge.Dogecoin saw a 205% rise in nine days, pushing its market cap above XRP and USDC.XRP has recently gained 24%, reaching its highest level in eight months.The post Crypto Analyst Mikybull Predicts Massive XRP Surge Similar to Dogecoin Rally appeared first on Techreport.

A recent Sygnum Bank's annual Future Finance survey reveals that most institutional investors are increasing their crypto investments for the long term.57% of surveyed investors plan to increase their crypto exposure in the next six months.Regulatory clarity and the approval of Bitcoin Spot ETFs are key factors boosting this institutional confidence.The post Report Suggests Institutional Appetite for Crypto Grows as Confidence in Bitcoin Surges appeared first on Techreport.

Michael Saylor envisions Bitcoin as a cornerstone of U.S. financial reserves, comparing it to historical strategic purchases like gold and the Louisiana Purchase; Saylor's prediction of Bitcoin reaching $100K aligns with growing institutional interest but faces skepticism from market analysts; Despite criticism from figures like CryptoQuant CEO Ki Young Ju, Saylor asserts Bitcoin's long-term potential as a hedge against economic instability.The post Bitcoin $100K Party: Vision or Mirage? appeared first on Techreport.

The Best Wallet presale quickly surpassed its $250K milestone, signaling strong investor demand; Its crypto wallet sets itself apart from industry leaders (like MetaMask and TrustWallet), offering early-bird access to other presales and airdrops; Further attracting attention is $BEST granting governance rights, reduced transaction fees, and high APY staking rewards.The post Best Wallet Presale Smashes Past $250K - Airdrops Incoming appeared first on Techreport.

SEC Chair Gary Gensler has indicated his intention to step down following President-elect Donald Trump's victory.The possibility of a more lenient SEC stance has already influenced the market, with $XRP seeing a significant 17% surge.The crypto industry is hopeful that a new SEC regime may relax restrictions on ETF staking, which could enhance returns and attract more investors to Ethereum-based funds.A shift towards clearer and more supportive regulations could stimulate growth, attract investments, and position the U.S. as a leader in digital finance.The post If Gensler Goes, Will Crypto Grow? appeared first on Techreport.

Sol Strategies recently purchased four of Cogent Crypto's validators for $206M, boosting its Solana validator ranking by 91 spots.The acquisitions boosted the holding firm's validation commission earnings and staking capabilities.Although its stocks recently dropped by 29.4% following a major shareholder sale, $HODL and $CYFRF have significantly stabilized following renewed interest.The post Sol Strategies Buys Cogent Crypto Solana Validator Assets in $206M Stock-Cash Deal appeared first on Techreport.

Pepe Unchained ($PEPU) has raised over $1M per day, with over $30M raised so far. This makes it one of the most successful crypto presales in history; Coinbase and Robinhood recently listed Pepe ($PEPE), giving a big boost to all Pepe-themed coins like $PEPU; $PEPU's Layer 2 technology and meme coin Pump Pad bring unique utility to its ecosystem and promise significant price growth.The post Pepe Unchained Raised $1M Per Day - 28 Days Left to Buy This New Pepe Coin appeared first on Techreport.

The new meme coin Dawgz AI ($DAGZ) introduces an AI trading bot with personalized recommendations; With strong utility, strategic token allocation, and a clear roadmap, $DAGZ has the potential for long-term success; Early birds can buy $DAGZ on presale at just $0.00177 starting November 16, 10:00 UTC. The post Dawgz AI Bot Revolutionizes Automated Trading - 200K Raised in 24 Hours! appeared first on Techreport.

Well-known UK-based consumer group Which? Has filed a 3 billion ($3.8 billion) lawsuit against Apple for forcing users to use iCloud for storage.This lack of competition has also allowed it to ridiculously increase the prices of iCloud's plans.Apple has denied any wrongdoing and pledged to defend itself in court once the lawsuit goes to trial.The post UK-Based Consumer Activist Group Files a 3 Billion Anti-competitive Lawsuit Against Apple appeared first on Techreport.

Republicans secured a majority in the U.S. House of Representatives, which could lead to a shift in focus toward cryptocurrency.With Rep. Patrick McHenry retiring in 2025, Republicans are set to take control of the House Financial Services Committee.Maxine Waters, the top Democrat on the committee, has been a driving force behind stablecoin regulation.The post Republicans Secure House Majority, Paving Way for Crypto-Friendly Leadership in America appeared first on Techreport.

The UK government plans to lay out new crypto regulations to counter Trump's pro-crypto policies.The UK Treasury proposes stablecoin legislation to bridge regulatory gaps and enhance digital asset growth in the region.The crypto community expects more advancement following Trump's victory and the crypto market's positive response.The post UK Government Crafts New Crypto Regulations to Counter Trump's Pro-Crypto Policies appeared first on Techreport.

Key takeaways NH Bank Teams Up with Fireblocks for Blockchain-Driven Crypto Tax Solutions Fireblocks, a blockchain technology provider, is working with South Korea's NongHyup (NH) Bank to support a new...The post South Korea's NH Bank Teams with Fireblocks to Develop Crypto Solutions for Tax Integration appeared first on Techreport.

Three Arrows Capital liquidators are striving to increase claims against FTX from $120 million to $1.3 billion.In the review of the claims, the defunct hedge fund cited that FTX liquidated 3AC assets improperly, harming 3AC creditors.FTX and its sister trading platform, Alameda Research, intensified moves for more crypto recovery via recent lawsuits.The post Three Arrows Capital Liquidators Seek to Mark Up Claim Against FTX to $1.5 Billion appeared first on Techreport.

With an incoming pro-crypto administration in the US, crypto firms are pushing for leadership changes at the SEC and other federal agencies.Crypto firms, including Coinbase and Ripple, urge the new administration to remove digital asset policies from the courts.Ripple's CLO Stuart Alderoty believes a change in the SEC's leadership will give rise to a more rational approach to crypto regulation.The post Crypto Firms Advocate for SEC Leadership Reforms and a More Rational Regulatory Approach appeared first on Techreport.

The lead developer of Shiba Inu, Shytoshi Kusama, has slammed a skeptical media outlet for undermining SHIB's performance.The crypto-based media, Corleone Alpha News, shared an analysis of the memecoin market, stating that Shiba Inu does not deliver.SHIB rallies with the broader crypto market as it unveils innovative additions to its ecosystem.The post Shiba Inu Lead Developer Slams Skeptics for Undermining SHIB's Achievement appeared first on Techreport.

Cardano (ADA) has hit the spotlight thanks to strategic partnerships, technological strides, and growing government involvement. ADA has repeatedly showcased consistent gains, reinforcing its position as a resilient digital asset....The post Cardano Price Prediction as Key Partnership and Government Involvement Pushes ADA up to Light appeared first on Techreport.

Corporations of all kinds experience problems that lead to lost sales. However, tech advancements have found a way to recover these sales. Now, there are innovative solutions you can use...The post How Technology Helps Recover Lost Sales appeared first on Techreport.

FreeDum Fighters ($DUM) raised over $500K, quickly becoming one of the most popular PolitiFi presales in the crypto industry; The PolitiFi industry is gaining significant traction in the wake of Trump's re-election, with coins like $DMAGA and $PATRIOT growing by 41% and 66%, respectively; $DUM will add more political fighters soon, and they'll be split between the two opposing sides, MAGATRON and Kamacop 9000.The post FreeDum Fighters ($DUM) Raises $500K as the Newest MAGA-Focused PolitiFi Coin appeared first on Techreport.

Pepe ($PEPU) has outperformed Dogecoin ($DOGE) in weekly gains following major exchange listings and bullish market sentiment; Encouraging the crypto; Presale tokens are also reaping the benefits. Pepe Unchained ($PEPU) is edging toward raising $30M. industry's outlook is $BTC hitting its $93K ATH, spurred by Trump's pro-blockchain stance; The post $PEPE Surpasses $DOGE Amid Major Exchange Listings; $PEPU Presale Nears $30M appeared first on Techreport.

As per some reports, Apple might be working on an AI-powered wall tablet that will serve as a control center for the rest of your Apple home devices.The device has been codenamed J490 and has been under development for the last 3 years.Sources also revealed that the company might announce the device in early 2025. However, Apple has yet to confirm this news.The post Apple's AI Wall Tablet' for Smart Home Control Is Coming March 2025 appeared first on Techreport.

Japan strives for a technologically advanced future, as outlined in a document referencing AI, robotics, and digital currencies.The government's proposals potentially lead to a more controlled digital environment.Japan's Financial Services Agency (FSA) will ban crypto exchanges from transferring assets to foreign platforms in the event of economic crisis. The post The Human Cost of Japan's Tech Boom: AI, Robots, and NFTs appeared first on Techreport.

Key Takeaways Popular chipmaker AMD has announced a round of mass layoffs that is expected to affect roughly 1,000 employees, which is approximately 4% of its workforce. Its last estimated...The post AMD Announces Mass Layoffs Following Unsatisfactory Performance In Q3 appeared first on Techreport.

The FBI raid on Polymarket founder Shayne Coplan might have been political retribution, according to Coplan and another source; A court order was issued as part of a criminal investigation.' However, the FBI didn't give a specific reason for the raid to Coplan; The raid might have targeted Polymarket due to the latter's role in the US elections and for unwittingly allowing US users to bet.The post FBI Raid on Polymarket Founder - Political Revenge or Fiasco? appeared first on Techreport.

Newly elected president Donald Trump recently announced that Elon Musk will be co-leading the Department of Government Efficiency alongside Vivek Ramaswamy. This is a newly formed government body that will help transform the federal structure, dismantle bureaucracy, and eliminate budget wastage.This won't be an official government body - both Musk and Ramaswamy will only have an advisory role.The post Donald Trump Selects Elon Musk to Co-lead the Department of Government Efficiency Alongside Vivek Ramaswamy appeared first on Techreport.

Apple has been asked to stop geo-blocking its services on apps like Apple Music, Books, iTunes Store, App Store, and more. Geo-blocking is the practice of restricting certain content based on the location of the user. This kind of discrimination is prohibited in the EU.The tech giant has one month to acknowledge the order and assure its commitment to comply with it.The post EU Orders Apple to Stop Geo-Blocking Its Apps appeared first on Techreport.

Amazon was recently hit by a data breach that compromised the personal details of 2.8 million employees. The main vulnerability lies in a file transfer software called MOVEit. Amazon's property service management vendor used this software for its internal operations.The post Amazon Confirms Data Breach Affecting the Data of 2.8 Million of Its Employees appeared first on Techreport.

41-year-old Daren Li, a dual citizen of St. Kitts and Nevis and China, pleaded guilty to laundering $73 million stolen through crypto scams.US prosecutors accused Li of taking part in crypto investment scams, including pig butchering, which raked millions from victims.Li admitted to helping open US-based accounts under shell companies through which they laundered the stolen funds.The post Man Pleads Guilty for His Role in Laundering Crypto in $73 Million Scam appeared first on Techreport.

Dogecoin has performed remarkably over the past few days, surpassing Bitcoin and other top coins.While Bitcoin gained 18.5% in the last seven days, DOGE gained 94% over the same period, exceeding expectations.Bloomberg's global team leader, Michael Regan, thinks several factors drive Dogecoin's rally.The post Bloomberg Executive Highlights Why Dogecoin Outperformed Bitcoin in Recent Rally appeared first on Techreport.

Key takeaways Underbanked U.S. Households Lead in Crypto Use, FDIC Report Finds In 2023, more people in the United States who are underbanked" used crypto than those who are fully...The post Crypto Adoption in 2023 Topped Among U.S. Underbanked Households, Says FDIC appeared first on Techreport.

Veteran trader Peter Brandt foresees Bitcoin hitting $327K, predicting a bullish scenario.He highlights potential short-term volatility due to upcoming US CPI data and other macroeconomic factors.Market experts suggest Bitcoin may face a pullback before continuing its upward momentum.Bitcoin's price rally has slowed, and investors now await key economic data, including the US CPI report.The post Bitcoin Price Forecast: Peter Brandt Sees $327K Potential Amid Inflation Concerns appeared first on Techreport.

On Tuesday, spot Bitcoin ETFs in the United States saw $817.5 million in daily net inflows following a crypto market pump.Bitcoin shed 3.4% of its price to $86,855 in the last 24 hours, signaling potential profit-taking by investors.Analysts suggest market volatility may rise depending on the upcoming CPI data release.The post Spot Bitcoin ETFs hit $817 Million Following Massive Inflows, Yet BTC Sheds 3.4% appeared first on Techreport.