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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  • Bybit CEO Denies Insolvency Rumors, Provides Proof of Reserves

Bybit CEO Denies Insolvency Rumors, Provides Proof of Reserves

Ben Zhou, the CEO of cryptocurrency exchange Bybit, recently addressed and refuted circulating rumors about the platform’s financial health. Speculation had grown on social media platforms, notably on X, suggesting…

Coinbase Resumes XRP Trading in New York After Regulatory Hiatus

XRP, a digital currency developed by Ripple Labs, has been at the center of regulatory scrutiny since the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple in…

MetaMask Exploring Bitcoin Integration: Company Urges Users to ‘Stay Tuned’

MetaMask, a prominent wallet application known for its support of Ethereum and Ethereum-based tokens, is reportedly expanding its technological horizons to include native Bitcoin support. This development is part of…

Binance.US Secures Appeal Victory for Florida Money Services License Reinstatement

Binance.US, a major player in the cryptocurrency exchange market, has successfully overturned the suspension of its money-services business license in Florida. This decision was handed down by the Florida First…

Nigeria Enhances Blockchain Policy Committee with New Expert Inclusions

Nigeria’s National Information Technology Development Agency (NITDA) has taken significant steps to revamp the National Blockchain Policy Steering Committee (NBPSC). This strategic decision was announced by Kashifu Inuwa, the Director-General…

Decline in Bitcoin Runes Transactions as Initial Hype Subsides, Falling 84%

Bitcoin Runes, a protocol that initially captured a significant share of Bitcoin blockchain transactions following its launch on April 20, is experiencing a notable decline in transaction volume. Coinciding with…

SEC Grants Official Approval for Spot Ether ETFs in the U.S.

In a significant regulatory development, the United States Securities and Exchange Commission (SEC) has approved the listings of spot Ether exchange-traded funds (ETFs), marking a major advancement for cryptocurrency investments…

U.S. Lawmakers Advocate for SEC Approval of Spot Ethereum ETF

As the anticipation builds within the financial community, a bipartisan group of U.S. House lawmakers is actively urging the Securities and Exchange Commission (SEC) to greenlight a spot Ether (ETH)…

Discussions Intensify as SEC Nears Decision on Ethereum ETFs, Approval Anticipated Soon

The U.S. Securities and Exchange Commission (SEC) has been actively engaging with issuers of potential spot Ether exchange-traded funds (ETFs), signaling a possible imminent approval. These discussions, which revolved around…

BlackRock, Grayscale, and Bitwise Revise ETF Filings Ahead of Impending SEC Decision

As the deadline for a significant regulatory decision approaches, three prominent U.S.-based asset managers—BlackRock, Grayscale, and Bitwise—have revised their 19b-4 filings with the Securities and Exchange Commission (SEC) concerning their…

VanEck’s Spot Ether ETF Takes a Step Forward with DTCC Listing Amid Anticipation of SEC Approval

As the cryptocurrency community eagerly anticipates the potential approval of a spot Ether exchange-traded fund (ETF) in the United States, VanEck’s ETF, with the ticker symbol “ETHV,” has been listed…

Vitalik Buterin Supports ZK ‘Likes’ on Farcaster Following X’s Privacy Update

Ethereum co-founder Vitalik Buterin has voiced his approval for a recent development on the decentralized social media platform Farcaster. The platform’s engineer, Haofei, announced that X will be privatizing “Likes,”…

Coffeezilla Investigates AI Firm Rabbit for Alleged NFT Misconduct

Stephen Findeisen, widely recognized by his YouTube alias “Coffeezilla,” has recently spotlighted AI company Rabbit, accusing it of engaging in deceptive practices related to a nonfungible token (NFT) project. On…

Hong Kong Privacy Commissioner Orders Worldcoin to Cease Operations Over Privacy Violations

The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong recently concluded an extensive investigation into the Worldcoin project. Initiated in January 2024, this inquiry scrutinized the…

BlackRock’s Bitcoin ETF Sees Significant Inflows During BTC Market Rally

On Tuesday, May 21, BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), captured 95% of the total inflows into United States spot Bitcoin ETFs, highlighting a significant…

PEPE Hits New Record as Ethereum Prices Climb on Anticipated ETF Approvals

The Ethereum-based memecoin, PEPE, has achieved a remarkable 27% increase, reaching a new all-time high in the last 24 hours. This surge is largely attributed to the speculative anticipation surrounding…

DEGEN Token Rises 17% Following Farcaster’s $150 Million Series A Funding

The blockchain-based social platform Farcaster, under the helm of Merkle Manufactory, has successfully secured a $150 million investment in its Series A funding round, significantly boosting the platform’s prospects and…

Gala Games Attacker Returns $22M in Ether Following GALA Token Breach

Gala Games, a prominent player in the blockchain gaming sector, recently confronted a severe security breach where an attacker unauthorizedly minted $200 million worth of GALA tokens. This incident unfolded…

Bitcoin Reaches New Milestones in Local Currencies of Japan, Argentina, and the Philippines

Bitcoin has recently achieved notable gains, experiencing a 7% increase in a single day which propelled its value towards record highs in various countries across Asia and South America. As…

Former Florida Congressman Appointed to Coinbase Global Advisory Council

Kendrick Meek, the former House Representative for Florida’s 17th congressional district, has taken on a new role within the cryptocurrency sector by joining Coinbase’s Global Advisory Council. This move marks…