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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Vitalik Buterin’s Pluralistic Vision and Its Potential to Transform Blockchain Governance

Vitalik Buterin, the co-founder of Ethereum, has recently emphasized the significance of pluralistic philosophy in enhancing collaboration and decision-making across various sectors, including blockchain technology, social media, and local governance.…

The Return of the ‘jaredfromsubway’ MEV Bot: Enhanced Attacks on DeFi Protocols

The infamous maximal extractable value (MEV) bot known as “jaredfromsubway.eth” has resurfaced with upgraded capabilities, poised to execute more sophisticated “sandwich” attacks within decentralized finance (DeFi) ecosystems. This automated trading…

JD Vance Discusses Trump’s Efforts to Secure RFK Jr.’s Endorsement

In a recent interview, Republican vice presidential nominee JD Vance highlighted former President Donald Trump’s active efforts to secure an endorsement from independent candidate Robert F. Kennedy Jr. Despite these…

Ryan Salame Attempts to Withdraw Guilty Plea Over Alleged Broken Promise by Prosecutors

Former FTX executive Ryan Salame is contesting his guilty plea related to felony charges of campaign finance and money-transmitting violations. On August 21, Salame filed a petition for a “writ…

German BaFin Regulator Intensifies Crackdown on Unauthorized Crypto ATMs

On August 20, Germany’s Federal Financial Supervisory Authority (BaFin) announced a significant enforcement action against cryptocurrency ATMs across the country. In a coordinated effort with the Federal Criminal Police Office,…

Polymarket Predicts High Probability of RFK Jr. Exiting Presidential Race Ahead of Speech

Independent presidential candidate Robert F. Kennedy Jr. is reportedly poised to exit the 2024 United States presidential race, with an announcement expected during a live broadcast from Phoenix on August…

El Salvador Initiates Bitcoin Certification Program for Government Employees

El Salvador, known for its progressive stance on cryptocurrency, has embarked on an ambitious project to enhance its public sector’s understanding of Bitcoin. The National Bitcoin Office (ONBTC) has launched…

US Regulator Imposes $150K Fine on Crypto Fund for Unauthorized Bitcoin Loan

On August 20, the National Futures Association (NFA), a regulatory body overseeing the United States derivatives market, concluded a significant enforcement action against the cryptocurrency fund Ikigai Strategic Partners. The…

CZ and Binance Confront New Lawsuit Over Allegations of Facilitating Crypto Laundering

Binance and its former CEO, Changpeng “CZ” Zhao, are embroiled in a new legal challenge as they face a class-action lawsuit initiated by three cryptocurrency investors. These plaintiffs claim that…

China’s Supreme Court Updates Anti-Money Laundering Law to Encompass ‘Virtual Assets’

China’s top legal authorities have taken a major step in the regulation of digital currencies by updating the country’s Anti-Money Laundering (AML) laws to formally recognize “virtual asset” transactions. This…

Bitcoin Demand Experiences Significant Decline Since April — CryptoQuant Analysis

According to a recent report by CryptoQuant dated August 20, the demand for Bitcoin has been on a downward trajectory since April, with recent weeks nearing negative levels. This decline…

Nigerian SEC Set to Issue Licenses for Cryptocurrency Platforms Amid Market Expansion

The Nigerian Securities and Exchange Commission (SEC) is poised to issue licenses to cryptocurrency exchanges, marking a significant development in the regulatory framework for digital assets within the country. This…

Bitcoin Mining Costs Soar by 168% as Capacity Expands

BitFuFu, a cloud mining company affiliated with Bitmain, has recently unveiled its unaudited financial and operational report for the second quarter of 2024, which concluded on June 30. The report…

Tether Issues an Additional $1 Billion USDT on the Tron Network

In a significant move to bolster its stablecoin reserves, Tether has recently minted an additional $1 billion USDT tokens on the Tron network. This latest issuance has raised the total…

Michelle Obama Challenges Trump: The Position He Seeks Could Be ‘One of Those Black Jobs’

Eight years after Michelle Obama captivated the Democratic National Convention with her call to “go high” when others “go low,” the former First Lady has taken a sharper tone in…

Employees at South Korean Crypto Exchange Earn More Than Major Bank Staff

Employees and executives of Dunamu, the operator of the Upbit cryptocurrency exchange, are earning higher average salaries than their counterparts at some of South Korea’s largest banks. According to data…

Young Crypto Voter Affiliation in U.S. Swing States Shows Near Equal Split — Coinbase

Cryptocurrency may not be as partisan an issue as some might think, particularly in key battleground states that could determine the outcome of the 2024 U.S. presidential election. Research commissioned…

‘Lock Him Up!’: Hillary Clinton Responds with Silence and Smiles as Chants Mirror Trump Rallies

At the Democratic National Convention in Chicago, the atmosphere turned electric when the crowd erupted into chants of “lock him up” as former Secretary of State Hillary Clinton addressed the…

U.S. Considers Extending Fiat Reporting Mandates to Cryptocurrency Transactions

In a coordinated effort to tighten the regulatory oversight of cryptocurrencies, key federal agencies in the United States are revising the definition of “money” as it pertains to financial reporting…

U.S. Confirms Trump Campaign’s Claim of Iranian Hacking Incident

The U.S. government has officially endorsed former President Donald Trump’s assertion that his campaign was targeted by Iranian hackers. On Monday, a joint statement from the FBI, the Cybersecurity and…