DMR News

Advancing Digital Conversations

Dayne Lee

With a foundation in financial day trading, I transitioned to my current role as an editor, where I prioritize accuracy and reader engagement in our content. I excel in collaborating with writers to ensure top-quality news coverage. This shift from finance to journalism has been both challenging and rewarding, driving my commitment to editorial excellence.
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  • Coinbase Chief Legal Officer Addresses Concerns Over cbBTC Service Terms

Coinbase Chief Legal Officer Addresses Concerns Over cbBTC Service Terms

Coinbase‘s chief legal officer, Paul Grewal, has directly addressed concerns and speculation surrounding the user terms of service for Coinbase’s newly launched cbBTC Wrapped Bitcoin product. Grewal confirmed that Coinbase…

Ethereum Investor Nets $131.7 Million Profit with Long-Term Hold Strategy

An Ethereum investor has realized a staggering profit of $131.72 million by maintaining their investment through the volatile market conditions of the past two years, exemplifying the benefits of the…

Emerging African Economies Poised to Become Leaders in Digital Asset Adoption

Emerging economies across Africa, particularly South Africa, are being recognized for their potential to become central hubs for digital asset operations. According to Ben Caselin, Chief Marketing Officer of VALR,…

IMF Introduces REDI Framework to Boost Global CBDC Adoption

Staff members at the International Monetary Fund (IMF) have released a detailed guide aimed at policymakers and banking institutions on accelerating the adoption of central bank digital currencies (CBDCs) worldwide.…

Crypto Marketing Expert Emphasizes Importance of Skepticism in Cryptocurrency Promotion

Amanda Cassatt, founder of Web3 marketing firm Serotonin, emphasizes the necessity of skepticism and thorough personal research for investors navigating the burgeoning cryptocurrency market. Speaking at Token2049 in Singapore, Cassatt…

Harris Challenges Trump to Second Debate, Cites Avoidance Tactics

Vice President Kamala Harris has issued a fresh challenge to her Republican opponent, Donald Trump, urging him to commit to a second debate before the November presidential election. During a…

Supreme Court of India’s YouTube Channel Compromised to Promote XRP Scam

The official YouTube channel of the Supreme Court of India fell victim to cryptocurrency hackers on September 20, transforming into a platform for a Ripple and XRP scam. With more…

Germany Closes 47 Crypto Exchanges Linked to Illicit Activities

The German government has taken decisive action against 47 cryptocurrency exchanges, accusing them of facilitating an underground economy that allows cybercriminals to launder money. This crackdown is part of a…

Federal Judge Dismisses Consensys’ Lawsuit Against the SEC

A Texas federal judge has recently dismissed a lawsuit brought by blockchain development company Consensys against the U.S. Securities and Exchange Commission (SEC) and its Commissioners, including Chair Gary Gensler.…

SEC Initiates Legal Action Against Alleged Fraudulent Crypto Exchanges in Landmark Pig Butchering Scam Case

The United States Securities and Exchange Commission (SEC) has launched a groundbreaking legal battle against what it describes as “pig butchering” scammers, marking the agency’s first-ever action against this type…

SEC Seeks Four-Month Extension to Provide Required Documents in Coinbase Case

The U.S. Securities and Exchange Commission (SEC) has requested a federal court to grant a four-month extension to produce “hundreds of thousands of documents” necessary for ongoing discovery proceedings with…

Bitcoin Price Surges to $62.6K Following BlackRock’s White Paper Release

Bitcoin experienced a significant rally, climbing nearly 6% shortly after BlackRock, the world’s largest asset manager, released a white paper extolling the cryptocurrency’s virtues as a hedge against various global…

Cardano Founder Charles Hoskinson Scheduled for Discussion with Argentine President Javier Milei

Charles Hoskinson, the founder of Cardano, is set to meet with Argentine President Javier Milei in October to explore the role of blockchain technology in reshaping Argentina’s economic landscape. This…

Fed Rate Cut Seen as Politically Driven, Likely to Escalate Inflation

Arthur Hayes, co-founder of BitMEX, has voiced concerns that the recent U.S. Federal Reserve rate cut could have been politically motivated to influence upcoming elections, potentially leading to increased market…

Binance CEO Confirms Round-the-Clock Efforts to Secure Release of Executive Detained in Nigeria

Binance CEO Richard Teng has revealed that the cryptocurrency exchange is intensively working to secure the release of Tigran Gambaryan, their head of financial crime compliance, who is currently detained…

Maine Democrats Unable to Respond if Nebraska GOP Alters Electoral College Allocation

As Republicans in Nebraska contemplate a significant change to their state’s Electoral College vote distribution to potentially benefit Donald Trump, their counterparts in Maine find themselves with limited options to…

Standard Chartered Launches Crypto Custody Services in UAE with BTC and ETH

Standard Chartered has officially introduced its cryptocurrency custody services in the United Arab Emirates (UAE). The bank’s new offering will initially focus on Bitcoin (BTC) and Ether (ETH), the top…

Young Consumers Show Diminishing Interest in Traditional Blockchain Loyalty Programs

The landscape of blockchain loyalty rewards programs is evolving rapidly as the Web3 and decentralized application (DApp) sectors mature. Despite these advances, the most sought-after consumer demographic—young adults—demonstrates a growing…

Ethereum Name Service Integrated with PayPal and Venmo for Crypto Transfers

On September 10, ENS Labs announced a new integration that will enable users of Venmo and PayPal to transfer cryptocurrency using Ethereum Name Service (ENS) names. This development is poised…

Brazilian Bank Nubank Halts Trading of Native Crypto Token After 97% Decline in Value

Nubank, one of the largest crypto banks in Latin America and backed by Warren Buffet’s Berkshire Hathaway, has suspended trading of its native cryptocurrency, Nucoin, effective immediately. This decision follows…