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Updated 2024-11-22 06:32
Spot Ether ETFs Record Longest Outflow Stretch Since Launch as Investors Relent
The United States Spot Ether ETFs have recorded five consecutive outflow days, representing the longest outflow streak since their launch in July. Constant outflows from Grayscale's Ethereum Trust (ETHE) have...The post Spot Ether ETFs Record Longest Outflow Stretch Since Launch as Investors Relent appeared first on The Tech Report.
DBS Bank Pioneers Blockchain-Powered Government Grant Disbursements
One of Singapore's leading banks, DBS Bank, hits another milestone through blockchain technology. In a new development, the bank is piloting a blockchain-powered disbursement of government grants. DBS made this...The post DBS Bank Pioneers Blockchain-Powered Government Grant Disbursements appeared first on The Tech Report.
Advocate Body Claims Nvidia Crypto Sales Case Could Trigger More Quirky Lawsuits
The crypto sales lawsuit between Nvidia and a class group ofinvestors has become more intense. The prominent crypto advocacy organization The Digital Chamber has backed AI chip maker's latest legal...The post Advocate Body Claims Nvidia Crypto Sales Case Could Trigger More Quirky Lawsuits appeared first on The Tech Report.
Bitcoin Open Interest Soars to $1.3 Billion After US Federal Reserve’s Dovish Outlook
Bitcoin Open Interest (OI) surged to over a billion hours after the United States Federal Reserves published its July meeting minutes. The BTC Open Interest jumped to $31.86 billion, representing...The post Bitcoin Open Interest Soars to $1.3 Billion After US Federal Reserve's Dovish Outlook appeared first on The Tech Report.
Coinbase to Enable Conversions Between Euro and Euro-Pegged Stablecoin at 1:1
Coinbase is considering a significant decision to offer a seamless 1:1 conversion ratio between the euro and its pegged stablecoin, EURC. This is scheduled to take effect on August 20...The post Coinbase to Enable Conversions Between Euro and Euro-Pegged Stablecoin at 1:1 appeared first on The Tech Report.
The 7 Best Romance Movies to Watch in 2024 — Top Steamy, Sad, and New Titles
Our list of the best romance movies features both recent hits and timeless classics worth revisiting in . Whether you're in the mood for a lighthearted romcom or a heart-wrenching...The post The 7 Best Romance Movies to Watch in 2024 - Top Steamy, Sad, and New Titles appeared first on The Tech Report.
Pig Butcher Scams Are More Sophisticated – Department of Justice Busts $5M Fraud
The US Department of Justice (DoJ) nabbed a pig butcher' scam artist and seized $5M of Tether ($USDT). Crypto scammers have come a long way in the past few years,...The post Pig Butcher Scams Are More Sophisticated - Department of Justice Busts $5M Fraud appeared first on The Tech Report.
Will $BTC Break Above $62K and Clear Resistance? Analysts Say ‘Yes’
$BTC has been hovering below $62K since August 9, struggling to break above the new resistance level. The drop from its recent height of $70K was caused by the stock...The post Will $BTC Break Above $62K and Clear Resistance? Analysts Say Yes' appeared first on The Tech Report.
AI Giant Lobbying Against the California Bill SB 1047 That Aims to Regulate AI Technology
On one hand, Californian policymakers are preparing to vote on a bill this week that would regulate the development and usage of AI in the state. On the other hand,...The post AI Giant Lobbying Against the California Bill SB 1047 That Aims to Regulate AI Technology appeared first on The Tech Report.
SEC Wins Court Case – Will It Ever Decide If $ETH Is A Security?
To be a security, or not to be a security: that is the question - but don't expect the SEC to answer. California courts threw out a lawsuit against the...The post SEC Wins Court Case - Will It Ever Decide If $ETH Is A Security? appeared first on The Tech Report.
$SHIB’s Burning Mechanism Gets a Boost – Is Shibburn a Game-Changer for the Doge Killer?
Last week, the community behind Dogecoin killer' Shiba Inu launched the much-anticipated Shibburn portal to reduce the number of tokens in circulation. Burning tokens typically increases a token's price as...The post $SHIB's Burning Mechanism Gets a Boost - Is Shibburn a Game-Changer for the Doge Killer? appeared first on The Tech Report.
Unhosted Wallet KYC Rule Officially Withdrawn – We Won’t Miss You
Remember the unhosted wallet KYC rule proposed by the US Financial Crimes Enforcement Network in 2020? You know, the one that made wallet companies ask customers who they were -...The post Unhosted Wallet KYC Rule Officially Withdrawn - We Won't Miss You appeared first on The Tech Report.
Sony Launches Soneium, a Layer-2 Blockchain, with Startale Labs
Sony Group, the multinational company behind the PlayStation, is now developing its own blockchain (called Soneium) with Startale Labs. The blockchain is an L2 network built on Ethereum with OP...The post Sony Launches Soneium, a Layer-2 Blockchain, with Startale Labs appeared first on The Tech Report.
Telecom Entity Faces $1M Penal Fine For Involvement In Biden Deepfake Scam
The US Federal Communications Commission (FCC) has penalized Texas-based telecommunication firm Lingo Telecom with a $1 million fine. The penalty is linked to the company's involvement in Biden's deepfake scam,...The post Telecom Entity Faces $1M Penal Fine For Involvement In Biden Deepfake Scam appeared first on The Tech Report.
TRON backed SunPump Memecoin Generator Overtakes PumpFun in Daily Revenue
Tron's new memecoin generator, SunPump, has overtaken Solana-based PumpFun in 24-hour revenue as it becomes a viral sensation. According to Dune analytics, on Wednesday, August 21, SunPump recorded about 7,531...The post TRON backed SunPump Memecoin Generator Overtakes PumpFun in Daily Revenue appeared first on The Tech Report.
50% of Corporate Election Spending in the 2024 Cycle Comes from the Crypto Sector
Reports show that many political donations in the 2024 US election cycle are from crypto companies. According to a report released by the Think-tank Public Citizen, almost 50% of all...The post 50% of Corporate Election Spending in the 2024 Cycle Comes from the Crypto Sector appeared first on The Tech Report.
Ethereum Price Prediction: Critical Zone Ahead as Selling Pressure Mounts
Ethereum (ETH) price is at a crucial point today, slightly above the 50-day SMA line. Today's drop to this level occurred as Whales linked to Ethereum moved large amounts of...The post Ethereum Price Prediction: Critical Zone Ahead as Selling Pressure Mounts appeared first on The Tech Report.
Crypto Hackers Use McDonald’s Instagram To Steal $700K in a Rug Pull Scam
In a recent wave of high-profile hacks, crypto hackers took control of McDonald's Instagram account. Their aim was to promote a fake meme coin $GRIMACE and they stole $700K from...The post Crypto Hackers Use McDonald's Instagram To Steal $700K in a Rug Pull Scam appeared first on The Tech Report.
AI Development Is Increasing Water Consumption and Contributing to the Global Water Crisis
Artificial Intelligence (AI) might have a lot of benefits, such as improved efficiency, better insights into decision-making, fraud detection, and better customer service, but it comes at a hefty cost....The post AI Development Is Increasing Water Consumption and Contributing to the Global Water Crisis appeared first on The Tech Report.
AMD’s $4.9 Billion Acquisition of ZT Systems Set to Challenge Nvidia’s Dominance
Advanced Micro Devices (AMD) will be acquiring artificial intelligence infrastructure group ZT Systems in a massive $4.9 billion deal. Out of this $4.9 billion, $400 million is subject to certain...The post AMD's $4.9 Billion Acquisition of ZT Systems Set to Challenge Nvidia's Dominance appeared first on The Tech Report.
Brazil Approves Second $SOL ETF While US Applications Stall
Brazil's regulatory body, Comissao de Valores Mobiliarios (CVM), has approved its second Solana spot ETF ahead of the US. Hashdex (a Brazilian-based asset manager) will be offering Brazil's second Solana...The post Brazil Approves Second $SOL ETF While US Applications Stall appeared first on The Tech Report.
Harris Aide Confirms Policies to Support the Growth of the Crypto Industry
Vice President Kamala Harris will support policies that drive the growth of the crypto sector. Read on to discover more about Harris' stance on crypto. The First Clear Signal of...The post Harris Aide Confirms Policies to Support the Growth of the Crypto Industry appeared first on The Tech Report.
Bitcoin Processed $36.6T Transactions in 2023, TradFi Is Underestimating $BTC
Bitcoin processed $36.6T transactions in 2023, significantly more than Mastercard and Visa combined. According to Franklin Templeton CEO Jenny Johnson, traditional finance is underestimating Bitcoin. In a discussion at the...The post Bitcoin Processed $36.6T Transactions in 2023, TradFi Is Underestimating $BTC appeared first on The Tech Report.
The UAE Unveils Its First Central-Bank Licensed Crypto – A Tether Dirham-Pegged Stablecoin
The world's largest stablecoin provider, Tether (behind $USDT), is launching a new coin pegged to the AED. As the first-ever cryptocurrency licensed under the UAE Central Bank's new Payment Token...The post The UAE Unveils Its First Central-Bank Licensed Crypto - A Tether Dirham-Pegged Stablecoin appeared first on The Tech Report.
Franklin Templeton Is Planning a Merged Bitcoin–Ethereum ETF, and It’s Big for the Industry
Franklin Templeton is planning a merged Bitcoin-Ethereum ETF, the Franklin Crypto Index ETF, or $EZPZ for short. It's the first ETF in the world to combine the two most dominant...The post Franklin Templeton Is Planning a Merged Bitcoin-Ethereum ETF, and It's Big for the Industry appeared first on The Tech Report.
OpenAI Strikes a Multiyear Deal With Vogue Magazine Owner Conde Nast
Conde Nast - the owner of Vogue Magazine - has signed a multiyear deal with OpenAI, agreeing to license its content. The deal extends to Vogue, The New Yorker, and...The post OpenAI Strikes a Multiyear Deal With Vogue Magazine Owner Conde Nast appeared first on The Tech Report.
11-Day-Old Memecoin Deployer on Tron Generates Over $1.1 Million in Revenue
Tron's newly launched memecoin deployer, SunPump, has quickly gained recognition, garnering over $1.1 million in revenue within 11 days following its introduction. The Justin Sun-backed memecoin platform amassed 7 million...The post 11-Day-Old Memecoin Deployer on Tron Generates Over $1.1 Million in Revenue appeared first on The Tech Report.
Spot Bitcoin ETFs Gain Aggregate Inflow of $88 Million Over the Past 8 Days
Spot Bitcoin exchange-traded funds (ETFs) have seen positive inflows, particularly over the past eight of ten trading days. This reflects robust investor confidence in the products despite Bitcoin's sideways trend...The post Spot Bitcoin ETFs Gain Aggregate Inflow of $88 Million Over the Past 8 Days appeared first on The Tech Report.
Goldman Sachs Claims US Job Report Could Overstate Weakness; More Crypto Downturn Underway?
The US Bureau of Labor Statistics (BLS) will release an estimate of its jobs report from April 2023 to March 2024. This data is critical to the financial markets and...The post Goldman Sachs Claims US Job Report Could Overstate Weakness; More Crypto Downturn Underway? appeared first on The Tech Report.
Ripple (XRP) Struggles Around $0.55: Can It Break $0.65 For Further Rally?
Ripple (XRP) price dropped slightly as the broader market fell 2% in one day. The asset price started this week in the green and is now struggling around $0.55. Despite...The post Ripple (XRP) Struggles Around $0.55: Can It Break $0.65 For Further Rally? appeared first on The Tech Report.
Pro-Bitcoin Nation El Salvador Introduces Bitcoin Certification Program for Civil Servants
El Salvador has launched a training program for civil servants to enlighten them about Bitcoin-related policies and strategic management. The country's National Bitcoin Office (ONBTC) will oversee this program. The...The post Pro-Bitcoin Nation El Salvador Introduces Bitcoin Certification Program for Civil Servants appeared first on The Tech Report.
Giant Ethereum Whale Maintains Selloff Trends Leveraging ETH Price Surge
A giant Ethereum Whale, which accumulated 96,639 Ether during the 2022 crypto winter, has sold a significant portion of its holdings. Since March this year, the whale has sold off...The post Giant Ethereum Whale Maintains Selloff Trends Leveraging ETH Price Surge appeared first on The Tech Report.
Donald Trump Overtakes Kamala Harris on Polymarket, TRX, and ADA Shine as BTC Retraces
Republican presidential candidate Donald Trump has overtaken Democrat flag bearer Kamala Harris on Polymarket. Meanwhile, Bitcoin shed off Tuesday gains, dipping below $60,000 to a little over $59,000 during Asian...The post Donald Trump Overtakes Kamala Harris on Polymarket, TRX, and ADA Shine as BTC Retraces appeared first on The Tech Report.
The Top 7 Best Spy Movies in 2024 — Ratings, Where to Watch, and More
If you're a fan of high-stakes espionage, you're in for a treat. In this article, we'll dive into the best spy movies, where to stream them, and what makes each...The post The Top 7 Best Spy Movies in 2024 - Ratings, Where to Watch, and More appeared first on The Tech Report.
Where to Watch Yellowstone Online in 2024 | A Detailed Guide
Knowing where to watch Yellowstone is the first step into Taylor Sheridan's epic world. This modern Western drama stars Kevin Costner as John Dutton, the patriarch of a powerful ranching...The post Where to Watch Yellowstone Online in 2024 | A Detailed Guide appeared first on The Tech Report.
Tether Expands $USDT to Aptos Blockchain for Near-Zero Fees
Tether announced on Monday that its $USDT stablecoin will launch on the Aptos blockchain to lower transaction fees. Read on to discover more about the integration and what it means...The post Tether Expands $USDT to Aptos Blockchain for Near-Zero Fees appeared first on The Tech Report.
Is Advanced Technology Making Us Smarter, or the Reverse?
There is so much new advanced technology on the market these days that it is impossible to keep track of. Every time we think we've caught up with the latest...The post Is Advanced Technology Making Us Smarter, or the Reverse? appeared first on The Tech Report.
NFT Awareness & Adoption Around the World – The Latest Statistics and Trends
These NFT awareness and adoption statistics reflect a shift in the public attitude towards digital assets. Although non-fungible tokens (NFTs) were initially a niche phenomenon, they've become more mainstream in...The post NFT Awareness & Adoption Around the World - The Latest Statistics and Trends appeared first on The Tech Report.
The Top 7 Best War Movies in 2024 and Where to Watch Them
If you enjoy watching a good war movie occasionally, stick around. This article covers 7 of the best war movies and where to watch them. While these films depict the...The post The Top 7 Best War Movies in 2024 and Where to Watch Them appeared first on The Tech Report.
Donald Trump Wants To Name Elon Musk to His Cabinet
Republican presidential candidate Donald Trump said that if he wins the 2024 US presidential election, he would consider naming Tesla CEO Elon Musk to a Cabinet position. Endorsement From Musk...The post Donald Trump Wants To Name Elon Musk to His Cabinet appeared first on The Tech Report.
As $BTC Rebounds to $59K, Technical Indicators Suggest a Potential Short Squeeze
Markus Thielen at 10x Research sees the improving $BTC technical indicators as a sign of a potential short squeeze. This could lead to further price appreciation as investors who have...The post As $BTC Rebounds to $59K, Technical Indicators Suggest a Potential Short Squeeze appeared first on The Tech Report.
Binance Returns to India, Still Has to Pay $86M in Taxes – Will It Comply?
Most Indian AML agencies greenlit Binance to restore its activities in the country. But while the exchange returns to India, it still has to pay $86M in taxes. This regulatory...The post Binance Returns to India, Still Has to Pay $86M in Taxes - Will It Comply? appeared first on The Tech Report.
Where to Watch The 2024/2025 Premier League Season
The Premier League is back, and the 2024/25 season will no doubt be another unforgettable season for football fans around the world. Whether you're a die-hard supporter or a casual...The post Where to Watch The 2024/2025 Premier League Season appeared first on The Tech Report.
The Dogefather Is Back – Elon Musk Sent Dogecoin Pumping
The Dogefather is back as Elon Musk sent Dogecoin pumping on August 20. He posted a picture of himself as the head of the Department of Government Efficiency, which is...The post The Dogefather Is Back - Elon Musk Sent Dogecoin Pumping appeared first on The Tech Report.
Banks in Japan to Adopt $XRP by 2025, SBI CEO Says
CEO of SBI Yoshitaka Kitao says banks in Japan will start using $XRP for transactions by 2025. This decision could position Japan as the pioneer in blockchain innovation and accelerate...The post Banks in Japan to Adopt $XRP by 2025, SBI CEO Says appeared first on The Tech Report.
Anthropic Is Being Sued by Authors for Training Its Chatbot on Their Copyrighted Books
AI startup Anthropic is being sued by a group of authors for allegedly training its AI chatbot Claude on pirated versions of their copyrighted books. Authors Andrea Bartz, Charles Graeber,...The post Anthropic Is Being Sued by Authors for Training Its Chatbot on Their Copyrighted Books appeared first on The Tech Report.
US Authorities Blame Iran for Hacking Donald Trump’s Presidential Campaign
US authorities have put the blame on Iran for the recent hacking of Donald Trump's presidential campaign. On Monday, the Office of the Director of National Intelligence (ODNI), the FBI,...The post US Authorities Blame Iran for Hacking Donald Trump's Presidential Campaign appeared first on The Tech Report.
Base Unveils ENS Subnames for Users, Targets Dutch Auction for Launch
Coinbase's Ethereum-based Layer-2 network Base is improving its services and launching a new naming system called Basenames. Basenames are sub-names formed from the Ethereum Name Service (ENS) framework that allows...The post Base Unveils ENS Subnames for Users, Targets Dutch Auction for Launch appeared first on The Tech Report.
Cardano (ADA) Loses Top 10 Crypto Spot Amid Massive Volume; What’s Next?
Cardano ADA has slipped off the top 10 crypto ranking amid a dramatic surge in trading volume. It now sits in 11th place, trailing behind Tron (TRX), with a market...The post Cardano (ADA) Loses Top 10 Crypto Spot Amid Massive Volume; What's Next? appeared first on The Tech Report.
Mango Markets Seeks Settlement with SEC Over Violation of Securities Laws
Solana-based DEX Mango Markets is considering offering a settlement to the United States Securities and Exchange Commission (SEC) over alleged securities law violations. Its governance body, Mango DAO, initiated a...The post Mango Markets Seeks Settlement with SEC Over Violation of Securities Laws appeared first on The Tech Report.
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