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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 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.

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.

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.

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.

Shiba Inu recently witnessed a dramatic increase in the Shiba Inu (SHIB) burn rate. This happened after a Coinbase user who hadn't been active for 154 days suddenly burned 96...The post Unexpected Shiba Inu (SHIB) Burn: Coinbase User's Accidental Action Drives 28,145% Spike appeared first on The Tech Report.

OpenAI and Anthropic have agreed to let the U.S. AI Safety Institute test their new models before their public release. The news comes directly from the Institute, which works under...The post OpenAI & Anthropic Agree to a Pre-release Testing by the U.S. AI Safety Institute appeared first on The Tech Report.

On Friday, Japan's defense ministry said that it will be investing in AI and automation and working on improving troop conditions in order to combat the falling signup numbers that...The post Japan's Military Is Ramping Up Investment in AI, Automation & Living Standards to Increase Recruitment appeared first on The Tech Report.

The US House of Representatives Financial Service Committee plans to schedule crypto hearings in September.During the hearings, the committee will deliberate on crypto-related topics, including decentralized finance (DeFi). U.S. House...The post US House Committee Schedules Crypto Hearings In September appeared first on The Tech Report.

With its latest announcement, Kraken, one of the most prominent crypto exchanges, has stirred significant interest in the digital asset community. The exchange has expanded its futures trading platform by...The post Kraken Includes Three Top Memecoins as Collateral for Futures Trading appeared first on The Tech Report.

Bitcoin failed to sustain its rally during Thursday's US trading session, slipping below $59,000 after rallying above $61,000 earlier. This market-wide volatility also impacted AI tokens, which recently rallied following...The post Bitcoin Declines to $59,000 as Bulls Fail to Flip Key Resistance, AI Cryptos in The Red appeared first on The Tech Report.

Cardano token ADA has struggled to recover since dipping to a low of $0.34 on August 28. However, the upcoming Chang hard fork, which gives the community more governance power,...The post Cardano (ADA) Poised for Rally Ahead of Chang Upgrade - Will it Hit $0.40? appeared first on The Tech Report.

$DICE is the Solana (SOL) GameFI breakout token established by top casino Mega Dice. It's the last chance to buy this stellar token before the final presale price increase in...The post Solana GameFi First, Mega Dice - Last Chance to Buy in Presale Before Final Price Increase appeared first on The Tech Report.

Base Dawgz ($DAWGZ) concluded its token presale on Thursday after two months. The project successfully raised nearly $3.2M. The project's native token, $DAWGZ, debuts on a decentralized exchange (DEX) on...The post Last Chance to Nab Base Network's Base Dawgz at Listing Price - DEX Launch Imminent appeared first on The Tech Report.

US authorities have seized several domain names of Streameast - a popular live sports streaming service in America with over 15 million monthly visitors. Seized domains include the main site...The post US Authorities Seize Multiple Domain Names of Sports Streaming Site Streameast appeared first on The Tech Report.

The number of Australia's Bitcoin ATMs has significantly increased over time, making it the world's fastest-growing market for crypto kiosks. Australia only had 73 $BTC ATMs in September 2022 but...The post Australia Becomes Fastest Growing Bitcoin ATM Market - More Inviting to Crypto Users appeared first on The Tech Report.

The limited adoption of Bitcoin in El Salvador doesn't phase President Nayib Bukele that much. He knows why that's the case and doesn't worry. The slow adoption mainly comes from...The post Limited Bitcoin Adoption in El Salvador - President Remains Bullish appeared first on The Tech Report.

The Blockchain Association suspects the US SEC in covertly instructing banks on how to bypass the Staff Accounting Bulletin No. 121(SAB121). The association filed a request for FOIA, which allows...The post Does SEC Favor Legacy Banks? Blockchain Association Files FOIA to Probe SAB121 Guidance appeared first on The Tech Report.

Although the Dell Q2 earnings report showcased the company's revenue has reached $25B (up 9% year-over-year), spectators were shocked to see no signs of $BTC. Market whispers suggested Dell would...The post Dell Q2 Earnings Suggest CEO May Be More Skeptical of Crypto Than He Claims appeared first on The Tech Report.

Cardano's biggest upgrade in two years, the Chang hard fork, was scheduled to launch last week. However, Cardano founder Charles Hoskinson announced a delay on his X account, explaining it...The post Cardano Chang Upgrade to Launch on September 1, Whales Accumulate $ADA appeared first on The Tech Report.

Remember when Musk changed Twitter's logo to Dogecoin in 2023? That sent $DOGE on a 30% pump, reaching a peak price of $0.1016. He also left several bullish comments on...The post Musk Wins Dogecoin Lawsuit - Were Investors Unreasonable to Rely on His Sensational Tweets? appeared first on The Tech Report.

Iranian threat actors have come up with a new way to gather intelligence on critical infrastructure. According to Microsoft Threat Intelligence, a state-backed threat group called Peach Sandstorm (Also known...The post Iranian Hackers Are Using a New Malware to Compromise Gather Intelligence appeared first on The Tech Report.

Elon Musk's X might be banned in Brazil. On Wednesday, the Brazilian Supreme Court ordered Musk to either name a legal representative for X in Brazil within 24 hours or...The post Brazil Supreme Court Threatens Musk with Complete X Ban appeared first on The Tech Report.

The US Securities and Exchanges Commission has countered the founder of Ethereum-based cryptocurrency Hex (HEX), Richard Heart's move to dismiss its $ billion securities lawsuit. Heart denies all SEC allegations,...The post SEC Opposes Hex Founder Richard Heart's Motion to Dismiss $1 Billion Securities Suit appeared first on The Tech Report.

In a notable turn of events, US spot Bitcoin ETFs have recorded substantial outflows after eight consecutive days of positive inflows. According to data from SoSoValue, the BTC ETFs saw...The post US Spot Bitcoin ETFs Break Eight Days Positive After Losing $127 Million in Net Outflows appeared first on The Tech Report.

Former US President Donald Trump continues to deepen his crypto engagement with a recent development and interest in non-fungible tokens (NFTs). On August 27, Trump released his fourth NFT collection...The post Donald Trump's Fourth NFT Collection Hits Over $2M in Sales appeared first on The Tech Report.

The crypto market has witnessed a concerning surge in cyber crimes using the Inferno Drainer tool this year. As the price of cryptocurrencies turned bullish, decentralized applications using Inferno Drainer...The post Inferno Drainer Use by Applications Triples as Crypto Scams Surge in 2024 appeared first on The Tech Report.

The price of Ethereum (ETH) has rebounded significantly after its recent dip to around $2,400. However, it faces stiff resistance around the $2,700 price level and now consolidates at $2,500....The post Ethereum ETH Price Stuck at $2,500 Level; Will It Rise Above this Region or Dip? appeared first on The Tech Report.

US-based chip maker Nvidia has released its earnings report for the second quarter of 2024, which ended July 28. The firm reported $30 billion in revenue earnings, reflecting a 122%...The post Nvidia Q2 2024 Earnings Surge 122%, Potential Spike for AI-Related Crypto Assets? appeared first on The Tech Report.

Telegram has allegedly been unable to enhance its content moderation practices or provide a satisfactory resolution to illicit content distribution in Indonesia. Despite Multiple requests from the Indonesian government, it...The post Indonesia Considers Blocking Telegram for Failing to Curb Illicit Content appeared first on The Tech Report.

Today, Dogecoin ($DOGE) successor PlayDoge ($PLAY) surged 24% after its first listings on Uniswap and DEXTools decentralized exchanges (DEXs). $PLAY currently trades at $0.00268 in the PLAY/WETH pool and $0.00186...The post The Next Dogecoin PlayDoge Debuts on DEXs With a 24% Gain appeared first on The Tech Report.

Pepe Unchained ($PEPU) has raised over $11M in its presale, and its race to become the top Pepe token in the meme coin sector shows no signs of slowing. Analysts...The post Whales Dump 1.16T $PEPE as Pepe Unchained Raises $11M in Presale appeared first on The Tech Report.

Donald Trump's latest NFT collection features 50 unique trading cards, including cards depicting him holding Bitcoin ($BTC) and calling him the 'Crypto President.' Read on to discover more about Trump's...The post Trump Releases 4th NFT Collection Featuring the Suit Worn in Biden Debate appeared first on The Tech Report.

Flashing lights and can't-miss-it market signals. With altcoins on the move, some traders see signs of an impending altseason' for big gains. What signs are they looking for? Looming Bullish...The post Is Altseason' Opening Soon? Some Traders Say Yes appeared first on The Tech Report.

Solana restaking protocol Solayer raised $12M in a seed funding round led by Polychain Capital and HackVC. The protocol aims to address the blockchain's transaction inclusion and scalability challenges through...The post Solayer Labs Secures $12 Million in Funding Round Led by Polychain appeared first on The Tech Report.

Software solution provider Young Consulting (now Connexure) has been hit by a massive data breach that has exposed the data of nearly 954,177 people. Affected users have already been notified...The post Data of 950,000 Users Compromised in BlackSuit Ransomware Attack appeared first on The Tech Report.

Nvidia has less-than-stellar (quite literally) Q2 earnings (122% revenue growth), falling short of investors' sky-high expectations. Around $250B vanished from its market cap minutes after the earnings call was over....The post Nvidia Tanked $250B in Market Cap and Outperforms Poorly as AI Coins Suffer appeared first on The Tech Report.

What brings major banks, digital innovators, and global shipping companies together in the same digital sandbox? The answer is tokenizing real-world assets (RWAs). That's what Hong Kong is doing with...The post Tokenizing Real-World Assets: What Hong Kong's New CBDC Means For Crypto appeared first on The Tech Report.

With potential Fed rate cuts on the horizon, will the promised crypto summer finally arrive? That seems to be the case, as more liquidity in financial markets typically benefits risk...The post US Fed Prepares for Rate Cuts - Crypto Summer Incoming? appeared first on The Tech Report.

The PlayDoge ($PLAY) presale is drawing to a close. Today, August 29, marks the final day to invest in this promising project before its DEX listing at 10 AM UTC....The post 20 Hours Left to Buy $PLAY Before DEX Launch, Nearly $6.5M Raised appeared first on The Tech Report.

Crypto All-Stars ($STARS) has gathered over $800,000 in just two weeks since its debut, with growing excitement for the launch of its unified staking platform, MemeVault. This innovative system will...The post Meme Token Staking Craze Soars as Crypto All-Stars' Unified Staking Platform Hits $800K in Presale appeared first on The Tech Report.

Notion, the popular productivity and note-taking app, will no longer operate in Russia starting from September 9. The decision was announced on Tuesday on its own website where it revealed...The post Notion Is Shutting Down Operations in Russia from September 9 appeared first on The Tech Report.

Elon Musk's AI startup xAI is being held responsible for worsening the smog problem in Memphis, Tennessee by using natural gas burning turbines at its new data center without a...The post Elon Musk's xAI Has Been Accused of Worsening the Smog Problem in Memphis appeared first on The Tech Report.

Real World Assets (RWAs) are rising in popularity across financial markets, and Wall Street experts expect massive capital inflows in the coming years. Crypto analyst Jamie Coutts is skeptical about...The post Analyst Says $1.3T in Tokenized RWAs Valuation is More Realistic by 2030 Than Wall Street's $30T Estimates appeared first on The Tech Report.

The Bitwise Bitcoin ETF (BITB) is set to acquire $120 million in Bitcoin through a deal with Osprey Bitcoin Trust (OBTC). This move is part of an Asset Purchase Agreement...The post Bitwise Bitcoin ETF Set to Acquire $120 Million in Bitcoin from Osprey Bitcoin Trust appeared first on The Tech Report.

Polygon (MATIC) has taken a massive hit today, emerging among the top losers, second only to Maker (MKR). In just one day, the price of MATIC dropped over 11%. This...The post Polygon Price Prediction: MATIC Lost 11% in 24 Hours; Will It Recover Soon? appeared first on The Tech Report.

The digital assets landscape is rapidly evolving, with XRP taking center stage in recent developments. The American derivatives firm Bitnomial recently made headlines with its ambitious plan to launch XRP/USD...The post Traders Transact 85 billion XRP Tokens Monthly on Cash Markets appeared first on The Tech Report.

On Tuesday, Russia issued words of caution to France over its arrest of Telegram founder Pavel Durov, asking it to show evidence for all the serious accusations it has made....The post Russia Demands Evidence for France's Arrest of Telegram Founder appeared first on The Tech Report.