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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  • Record $116M in Polymarket Trading Volumes Driven by High Stakes on Trump’s Election Outcome

Record $116M in Polymarket Trading Volumes Driven by High Stakes on Trump’s Election Outcome

July has marked a historic milestone for the crypto prediction platform Polymarket, with trading volumes reaching unprecedented levels due to intense speculation surrounding the upcoming United States presidential election. Dune…

Blockchain Venture Funding in Africa Falls 74% in First Half of 2024, According to CV VC Report

In the first half of 2024, Africa saw a significant decline in blockchain venture funding, with investments plummeting by 74% compared to the same period in 2023. This stark downturn…

Ethereum Poised to Surpass Bitcoin Performance Post-ETF Launch, Kaiko Report Suggests

A recent report from Kaiko has sparked considerable interest within the cryptocurrency community by suggesting that Ether (ETH) may outperform Bitcoin (BTC) following the anticipated launch of Ethereum exchange-traded funds…

SEC Sets Deadline for Final S-1 Filings Ahead of Ether ETF Launch

The United States Securities and Exchange Commission (SEC) has recently issued final directives to asset managers who are in the process of launching Ether exchange-traded funds (ETFs), a move that…

Amended Complaint Targets Tether and Bitfinix in Ongoing Lawsuit Over Alleged USDT Manipulation Scheme

The legal battle against Tether and its affiliated exchange Bitfinix intensifies as plaintiffs in a class-action lawsuit, ongoing since 2019, have filed an amended complaint in the Southern District of…

BlackRock’s Assets Under Management Exceed $10.6 Trillion, Fueled by Surge in ETF Inflows

BlackRock, the world’s largest asset manager, has achieved a new milestone by managing over $10.6 trillion in assets, reflecting a substantial $1.2 trillion growth year-over-year. This significant achievement has been…

Metaplanet Acquires Additional $1.2 Million in Bitcoin Amid Price Surge Toward $65K

Metaplanet, a Bitcoin-stacking investment firm based in Japan, has strategically expanded its Bitcoin portfolio by purchasing an additional 21.88 Bitcoin, valued at over $1.2 million (200 million Japanese yen). This…

Speculation on Mainland China Reversing Bitcoin Ban Met With Community Skepticism

Recent buzz on social media has reignited discussions about China potentially lifting its longstanding prohibition on Bitcoin. However, the cryptocurrency community remains largely skeptical about such a reversal happening anytime…

Hong Kong Identifies Seven Crypto Exchanges as Unregulated for Non-Compliance

The Securities and Futures Commission of Hong Kong (SFC) has recently intensified its oversight of the cryptocurrency sector, issuing alerts against seven trading platforms accused of operating without necessary licenses.…

Bitcoin Declines 3% Following $5.7 Billion Transfer from Mt. Gox Cold Wallet

On July 16, Bitcoin experienced a notable decline, dropping over 3% as unsettling news resurfaced concerning the defunct exchange Mt. Gox. This downturn occurred shortly after Bitcoin’s price briefly reached…

XRP Scam Promoted Through Hacked Accounts of Filipino Musicians

On July 15, a coordinated cyberattack targeted several prominent Filipino musicians, leading to the compromise of their YouTube accounts. These accounts were manipulated to promote a deceptive XRP cryptocurrency scam,…

Bitcoin and Ethereum Drive Record $17.8 Billion in Crypto Inflows

The digital asset investment landscape has experienced a remarkable surge in 2024, with inflows into cryptocurrency investment products reaching a record-breaking $17.8 billion year-to-date (YTD). This substantial capital influx suggests…

Donald Trump Selects Pro-Crypto Senator JD Vance as Vice Presidential Candidate for 2024

In a strategic move shaping the 2024 presidential race, Donald Trump, a prospective Republican candidate, has officially announced Senator JD Vance as his vice-presidential running mate. The announcement, made on…

South Korea’s Ruling Party Suggests Postponing Cryptocurrency Tax Implementation Until 2028

South Korea’s People’s Power Party has recently made headlines with its official proposal to delay the country’s impending cryptocurrency trading profits tax. Initially set to commence on January 1, 2025,…

Increased Cryptocurrency-Related Criminal Activities in Australia Lead to Calls for Stricter Regulation

The Australian Transaction Reports and Analysis Centre (AUSTRAC), the nation’s financial intelligence and regulatory body, has recently published its 2024 Money Laundering National Risk Assessment. This comprehensive report highlights an…

Bitcoin Climbs Back to $62,500 as Markets React to Weekend Incident Involving Trump

Financial markets have exhibited notable fluctuations following the recent attempted attack on former U.S. President Donald Trump, occurring on a Saturday. This event has notably shifted the dynamics within various…

Ethereum Surpasses $3,300, Anticipated ETF Approvals Could Fuel Further Gains

As the financial world stands on the precipice of a significant shift, Ethereum (ETH) has witnessed a remarkable price increase, surpassing the $3,300 mark. This surge comes in anticipation of…

Scammer Returns $9.3 Million in DAI to Victim a Decade After Phishing Attack

In an unexpected turn of events, a phishing scammer has returned nearly $9.3 million to a victim after stealing $24 million from them in a phishing attack last September. This…

Bitcoin Whales Snapped Up $4.3B of BTC Amid Price Slump

Bitcoin whales took full advantage of the crypto market slump earlier this month, accumulating 71,000 Bitcoin amid the fastest rate of Bitcoin stacking since April 2023. Significant Accumulation During Market…

Internet Computer Protocol Promotes Blockchain Engagement in Africa

Nigerian youths have been urged to actively engage with blockchain technology to enhance their global competitiveness. Adedayo Adebajo, co-founder of ICP Hub Sahara, emphasized this during the second DecaHack cohort…