Techreport

Canto Chain, a Cosmos-based layer 1 blockchain, has planned a system upgrade to tackle its recent prolonged outage. The chain disclosed an ongoing 33-hour outage due to a consensus issue...The post Canto Chain Plans An Upgrade To Address 33-Hour Outage appeared first on The Tech Report.

A recent report indicates a rise in crypto venture capitalist funding, with substantial new capital raised in Q2 2024. According to Pitchbook's report, crypto infrastructure projects led the charge, with...The post Crypto Startup Funding Increases to $2.7 Billion in Q2, 2024 Despite Drop in Total Deals appeared first on The Tech Report.

Anticipation for who will become the next US president has heightened as the upcoming election approaches. Data shows the US 2024 presidential election winner is the Polymarket's biggest prediction market,...The post Harris' Odds of Winning the US Presidential Election Surpasses Trump's On Polymarket Predictions appeared first on The Tech Report.

Tron (TRX) has shown resilience amid the turbulent crypto market, holding steady at around $0.128. After dropping 14% to $0.11 on May 26, TRX has remained bullish, surging to $0.142...The post TRON Price Prediction: TRX Stables Around $0.128 - Where Is It Going Next? appeared first on The Tech Report.

The nine newly launched US spot $ETH ETFs had their first week of positive net inflows since July 23, reaching $104M. The total trading volume for these ETFs hit $1.9B,...The post $ETH ETF Weekly Inflow Turns Green for the First Time Ever appeared first on The Tech Report.

$BTC's notorious volatility raises concerns about its suitability as a store of value. Despite its growing adoption, critics widely consider it a gamble rather than an alternative to gold or...The post Michael Saylor Comments on $BTC's Biggest Flaw - Volatility Is a Feature, Not a Bug appeared first on The Tech Report.

Speed Wallet, one of the highest-rated $BTC wallets, has introduced $USDT-L, the first Tether implementation on the Lightning Network. This makes stablecoin transactions more seamless, offers low transaction costs, enhanced...The post Speed Wallet Implements $USDT-L on Bitcoin's Lightning Network appeared first on The Tech Report.

Venezuelan President Nicolas Maduro has announced that he plans to ban social media platform X for 10 days in the country. This comes after he had a public spat with...The post Venezuelan President Nicolas Maduro Bans X for 10 Days after Public Dispute with Elon Musk appeared first on The Tech Report.

Cybersecurity giant Trend Micro is apparently considering a sale. The company is currently valued at 950 billion yen ($6.5 billion). The news came via a Reuters report on Thursday, which...The post Popular Cybersecurity Firm Trend Micro Is Considering Sale appeared first on The Tech Report.

On August 9, Venezuela restricted access to the Internet amid nationwide priests over election results. The block also affected the world's largest crypto exchange, Binance, hindering Venezuelans from trading on...The post Venezuela Blocks Binance Amid Post-Election Unrest appeared first on The Tech Report.

Canto, a Cosmos-based L1 blockchain, has experienced a 33-hour outage following a major chain update. The blockchain stopped all transactions on Sunday following the Callisto' upgrade a day earlier. Canto...The post Canto Blockchain Experiences 33-Hour Outage, No Funds Stolen appeared first on The Tech Report.

The Layer 2 network for Shiba Inu, Shibarium, has announced a significant update: an automated SHIB burn mechanism through a hard fork. This change aims to reduce the token supply...The post Shibarium Confirms Automated Shiba Inu Burns in New Hard Fork appeared first on The Tech Report.

Tether Holdings Ltd., the USDT stablecoin issuer, is reportedly preparing to increase its workforce by mid-2025. According to a Bloomberg report, the company plans to double its staff to 200...The post Tether Plans to Increase Workforce to 200 in Mid-2025 - Report appeared first on The Tech Report.

Solana development, validators, and client teams recently came together to address a critical security vulnerability. Given the threat to the blockchain's integrity, this move was necessary to safeguard the company's...The post Solana Developers Attend to Major Security Vulnerability appeared first on The Tech Report.

Security researchers have unveiled new tactics hackers employ to steal people's Bitcoin hardware wallet seed phrase. Through a method tagged Dark Skippy," hackers can use malicious firmware to embed modified...The post Security Experts Discover New Method Hackers Use to Steal Hardware Wallet Private Keys appeared first on The Tech Report.

Recently, crypto industry leaders met with White House officials to discuss the future of US crypto regulations. During the meeting, recent events, including Rep. Ro Khanna's roundtable meeting with top...The post Crypto Industry Leaders Advocate SEC Chair Gensler's Removal During a White House Meeting appeared first on The Tech Report.

The world's largest options exchange, the CBOE, has sparked several reactions with its recent action. The exchange withdrew its previous application to refile a more detailed one for spot Bitcoin...The post Potential Approval Underway as CBOE Refiles for Bitcoin ETF Options Trading appeared first on The Tech Report.

Researchers at Oligo Security have recently discovered an 18-year-old vulnerability called 0.0.0.0 Day" that can be used to bypass security protocols of major browsers such as Google Chrome, Firefox, and...The post 0.0.0.0. Day - The 18-Year-Old Vulnerability That Can Compromise Linux and MacOS Users appeared first on The Tech Report.

Analytical platform IntoTheBlock has revealed an increase in daily new Bitcoin addresses, suggesting the return of retail crypto investors to the market. Bitcoin's New Addresses Show Renewed Interest Since November...The post Bitcoin New Addresses Indicate Fresh Interest from Retail Buyers appeared first on The Tech Report.

Coinbase has strongly opposed the U.S. Commodity Futures Trading Commission's (CFTC) proposed ban on certain types of prediction markets. The company argues that the move is both legally questionable and...The post Coinbase Objects Proposed Ban on Specific Prediction Markets appeared first on The Tech Report.

The Open Network (TON) has partnered with IntoTheBlock (ITB) to give TON users free access to advanced analytics tools.Over 60 indicators are now available to the TON community, which aims...The post TON Community Gets Free Access to Over 60 Advanced Analytics appeared first on The Tech Report.

US spot Bitcoin ETFs have recorded higher inflows as the broader crypto market revives, amassing $192 million in net inflow on Thursday. BlackRock's IBIT led the inflows with approximately $157.6...The post US Spot Bitcoin ETFs Record $192M in Inflows Amid Net Loss for ETH ETFs appeared first on The Tech Report.

The US Federal Reserve has again tightened its grip on the crypto industry, targeting Customers Banks, a crypto-friendly bank. On August 8, the Fed took action against the bank, citing...The post Fed's Operation Choke Point 2.0 Remains Firm Amid Enforcement Action on Crypto-Friendly Banks appeared first on The Tech Report.

Microsoft recently revealed that pro-Iran groups might be trying to step up their game in trying to sabotage US elections. What started as a manageable intrusion has been slowly gaining...The post Iranian Groups Are Stepping up Their Game to Meddle with US Elections appeared first on The Tech Report.

Just two days after Elon Musk's X filed a lawsuit against Global Alliance for Responsible Media (GARM) - a well-known global advertising association, the latter decided to suspend its operations....The post Global Ad Association GARM Disbands 2 Days After Elon Musk's X Sued Them appeared first on The Tech Report.

As crypto advances, the pressure on cryptocurrency exchanges to tighten security against illicit activities and enhance compliance has doubled. Platforms like OKX must continually strengthen compliance and security measures to...The post OKX to Terminate Accounts Engaging with Tornado Cash Amid Growing Compliance Pressures appeared first on The Tech Report.

The US-based banking giant JPMorgan remains cautious regarding Bitcoin investments and the overall trend in the broader crypto market. In a recent note, the bank acknowledged that Bitcoin and the...The post JPMorgan Stays Cautious On Bitcoin Amid Potential Price-Spike Catalysts appeared first on The Tech Report.

Bitcoin mining difficulty has risen proportionally to Bitcoin's price since 2019, hitting a new high in 2024. The average Bitcoin mining difficulty is currently 90.67, unchanged in the last 24...The post Bitcoin Mining Difficulty Rises to New High; What Does This Signal Suggest? appeared first on The Tech Report.

Earlier today, the price of Bitcoin tested $60,000 after the weekend bearish trend. Also, Solana SOL followed the trend, reaching $163. Solana's SOL token has dropped to its 20-day moving...The post Solana Price Forecast as SOL Drop to 20-Day MA - Will It Fall Below or Bounce Back? appeared first on The Tech Report.

In an interview on Bloomberg TV, MicroStrategy co-founder and Executive Chairman Michael Saylor emphasized his commitment to $BTC. Saylor has been one of $BTC's most vocal supporters for years. Read...The post MicroStrategy's Michael Saylor Continues To Expand His $1B Bitcoin Holdings appeared first on The Tech Report.

Donald Trump and crypto are new best friends, and while the market is feeling the impact (for better or worse), the former president and his family still have a lot...The post Market Poised For Another Trump Crypto Bombshell - How Will the Industry React? appeared first on The Tech Report.

Elon Musk's X has filed an antitrust lawsuit against a major group of industry advertisers, including its own advertisers, accusing them of intentionally boycotting X. Announcing the lawsuit on his...The post Elon Musk's X Files Antitrust Lawsuit against Advertising Group GARM over Illegal Boycott' appeared first on The Tech Report.

On Wednesday, Brazil's Securities and Exchange Commission (CVM) authorized the world's first $SOL ETF, created by QR Asset, a local asset manager, and operated by Vortx, a fund administrator. Now,...The post Brazil Approves $SOL ETF, Outpaces the US and Canada appeared first on The Tech Report.

Earlier this week, a US judge ruled against Google in a high-stake antitrust case, declaring that the tech giant has an illegal monopoly over the search engine industry. While this...The post Google's Defeat in Monopoly' Lawsuit Is a Major Setback for Apple Too appeared first on The Tech Report.

When the podcast first debuted at the turn of the century, it was deemed a novelty. While the concept of internet radio" had been around in some form for quite...The post This Startup's AI Podcast Summarizer Is Making Podcasts More Accessible appeared first on The Tech Report.

The International Monetary Fund (IMF) admitted El Salvador's adoption of Bitcoin ($BTC) as legal tender hasn't backfired on the country. While the IMF maintains a cautious attitude and recommends further...The post The IMF Was Wrong About El Salvador's Bitcoin Strategy - Here's Why appeared first on The Tech Report.

A US Judge ordered crypto exchange FTX and its sister concern Alameda to pay $12.7B to its creditors and the CFTC after one of the largest frauds in crypto history....The post FTX and Alameda to Pay $12.7B for Fraud, Ending the Lawsuit from CFTC appeared first on The Tech Report.

Amazon's merger with AI firm Anthropic might be in danger, as the UK's antitrust regulator just confirmed that they have launched a formation investigation into the deal. The news came...The post UK Antitrust Regulators Start Probe into Amazon's Partnership with Anthropic appeared first on The Tech Report.

A Russian independent news outlet, Meduza, has reported a mass YouTube outage in the country. Thousands of users have been unable to access the platform, with some commenting that they...The post Russian Authorities Throttling YouTube: A New Low for Russia's Online Freedom appeared first on The Tech Report.

The crypto market remains volatile after the recent massive price dip. A report from the analytical platform 10x Research reveals that US consumer borrowing has slowed down, which could affect...The post Analyst Believes that Bitcoin Faces Risk from US Consumers appeared first on The Tech Report.

Amid the turbulent crypto market outlook, altcoins like Polygon (MATIC) have struggled to gain traction. However, recently, MATIC found some footing. This pause in the downward momentum could signal that...The post Polygon Price Forecast: MATIC Consolidates Around $0.40 - Can It Hit $2 in 2024? appeared first on The Tech Report.

Bitstamp has partnered with the fintech platform Stripe to make crypto payments more accessible in Europe. Let's see how the collaboration will benefit European users. Stripe's On-Ramp Technology Stripe offers...The post Bitstamp Announces Partnership With Stripe To Streamline Crypto Purchases in EU appeared first on The Tech Report.

To reduce crypto investment risks, the UK's FCA recently provided more guidance on its regulatory framework surrounding how crypto companies advertise their services. Let's explore the FCA's long compliance path...The post The UK's FCA Provides Extra Guidance on Crypto Regulations Following Lack of Compliance appeared first on The Tech Report.

President Joe Biden's withdrawal from the presidential race was sure to change the dynamic, but the situation changed far faster than anyone could have imagined. Trump rode the popular crypto...The post Polymarket Shows Odds For Trump And Harris Even at 49% appeared first on The Tech Report.

Once one of the largest crypto exchanges, Mt. Gox collapsed in 2014 following a security breach that wiped out nearly $9B worth of user assets. Approximately 127K creditors waited over...The post Mt. Gox Creditors Hold $BTC After a Decade-Long Wait, Fueling Bullish Sentiment appeared first on The Tech Report.