DMR News

Advancing Digital Conversations

Japanese Party Leader Proposes Crypto Tax Reforms in Election Campaign

Yuichiro Tamaki, the leader of Japan’s Democratic Party for the People (DPP), has outlined a significant proposal to amend cryptocurrency taxation, promising to reduce the tax on crypto gains to…

Bitcoin Open Interest Surpasses $40 Billion as Price Nears $70,000 Milestone

On October 21, open interest in Bitcoin derivatives reached an unprecedented high, indicating a robust engagement in the market as the price of Bitcoin approached the $70,000 threshold. CoinGlass reported…

Alcon Sues Tesla Over AI-Generated Blade Runner Art

Alcon Entertainment, the production company behind Blade Runner 2049, has filed a lawsuit against Tesla, Elon Musk, and Warner Bros. Discovery (WBD), claiming that AI-generated imagery resembling scenes from the…

Liz Cheney Advocates for Conservative Support of Kamala Harris Amid Abortion Debate

Former Republican Congresswoman Liz Cheney, a long-standing critic of unrestricted abortion policies, has recently pivoted to oppose stringent Republican-imposed bans on the procedure. During a series of events held in…

AI investment in China faces looming US restrictions

The U.S. is set to implement new restrictions on investments in artificial intelligence (AI) in China, with final rules currently under review by the Office of Management and Budget, signaling…

xAI Releases API for Grok Chatbot

Elon Musk’s AI startup, xAI, has officially launched an API for its generative AI model, Grok, though its current capabilities appear limited. The API provides access to a single model,…

ByteDance Fires Intern for Tampering with AI Model Training

ByteDance, the parent company of TikTok, confirmed it dismissed an intern in August for allegedly sabotaging its artificial intelligence (AI) model training project. The intern, who worked on ByteDance’s commercialization…

Vitalik Buterin Proposes Strategies to Address Ethereum’s Staking and Block Production Centralization

Ethereum co-founder Vitalik Buterin has outlined a series of proposals to combat the centralization of block production and staking within Ethereum’s network. These suggestions come as part of the “Scourge”…

South Korea’s New Drone Serves as a Flying Shopping Cart

South Korean researchers have unveiled a new drone prototype that functions as a “flying shopping cart,” designed to transport goods over uneven terrain. Developed by a team from the Seoul…

Stripe Secures $1.1 Billion Acquisition of Stablecoin Platform Bridge, According to TechCrunch Founder

Payment processing giant Stripe has finalized a monumental $1.1 billion acquisition of the stablecoin platform Bridge, as reported by TechCrunch founder Michael Arrington. This deal marks a significant expansion for…

Ford Urges EV Owners to Stop Using Tesla NACS Adapters

Ford has advised its electric vehicle customers to stop using Tesla NACS adapters due to concerns that some units could cause slower charging speeds or damage the charging port. The…

Qualcomm Brings AI Power to Mobile Chips with New Snapdragon 8 Elite

Qualcomm announced on Monday that it is integrating technology initially developed for its laptop chips into its mobile phone processors, with the goal of enhancing their capabilities for generative AI…

Policy Recommendations Suggest Taxing or Banning Bitcoin to Sustain Government Deficits

A recent working paper from the Federal Reserve Bank of Minneapolis has ignited a contentious debate by suggesting that assets like Bitcoin should be either taxed or banned to enable…

Tether’s USDT Reaches Record $120 Billion Market Cap, Indicating Potential ‘Uptober’ Crypto Rally

Tether‘s United States dollar-denominated stablecoin, USDT, has reached a new milestone, surpassing a $120 billion market capitalization for the first time on October 20. This achievement is documented on Tether’s…

DJI Sues US Defense Department to Remove Chinese Military Label

DJI, the world’s largest drone manufacturer, is escalating its legal battle against the U.S. Department of Defense (DoD) to remove its designation as a “Chinese Military Company.” DJI argues that…

Substantial Losses for Andrew Tate-Endorsed Memecoins

Most memecoins promoted by controversial social media influencer Andrew Tate have plummeted in value, losing 99% following his endorsement. Tate, who became famous on various social platforms, ventured into the…

Ether Holdings in Accumulation Wallets Surge 65% Since Early 2024

Since the beginning of 2024, Ether (ETH) has seen a substantial increase in its presence in accumulation wallets, with the value of these holdings now exceeding $50 billion. This trend…

Bitcoin Widens Market Cap Lead Over Ethereum to $1 Trillion Amid $68K Trading Price

Bitcoin‘s market capitalization has soared to $1.35 trillion, establishing a significant $1 trillion lead over Ethereum as BTC prices stabilize just above $68,000. This marks a notable milestone in the…

European Central Bank Paper Claims Older Bitcoin Holders Exploit New Investors

A recent paper published by the European Central Bank (ECB) on October 12, 2024, has sparked controversy by claiming that older Bitcoin holders profit at the expense of newer investors.…

Perplexity AI Looks to Raise $500 Million at $8 Billion Valuation

Perplexity AI is reportedly in discussions to raise $500 million in a new funding round, which could more than double its valuation to $8 billion or higher, according to sources…