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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French Government Sites Hit by Cyberattacks Amid Controversial Arrest

Multiple French government websites have been disrupted due to a denial of service (DDoS) attack, with suspicion falling on a Russian hacker group. This cyber onslaught has impacted several key…

Rhodium Enterprises Seeks Bankruptcy Protection Amid Financial Struggles

Rhodium Enterprises, a prominent Bitcoin mining firm, has filed for voluntary bankruptcy under Chapter 11 at the United States Bankruptcy Court for the Southern District of Texas. This move comes…

India Achieves 5 Million Users in Central Bank Digital Currency Initiative

India is progressively advancing its exploration of a central bank digital currency (CBDC), achieving significant milestones without rushing the process, according to Shri Shaktikanta Das, the Governor of the Reserve…

Sharp Increase in Bitcoin Millionaires as Cryptocurrency Wealth Grows

Over the past year, the world has witnessed a dramatic increase in the number of Bitcoin millionaires, with statistics showing a 111% rise. This surge has resulted in 85,000 individuals…

Health Concerns Escalate for Binance Executive Detained in Nigeria

The family of Tigran Gambaryan, a Binance executive detained in Nigeria for alleged financial crimes, has expressed grave concerns regarding his deteriorating health condition after six months in custody. Gambaryan’s…

Crypto Investment Products Record Highest Inflows in Five Weeks

Cryptocurrency investment products have witnessed significant inflows, marking the largest investment surge in five weeks, particularly into Bitcoin-related exchange-traded products (ETPs). This increase in activity comes amid speculations about potential…

Weekly NFT Sales Show Recovery Despite Ongoing Market Challenges

The non-fungible token (NFT) market has seen a notable rebound in weekly sales volumes across some of the leading blockchains for digital collectibles after experiencing several downturns throughout 2024. According…

Judge Temporarily Halts Biden’s Green Card Program for Undocumented Immigrants Married to U.S. Citizens

A federal judge in the Eastern District of Texas has temporarily blocked a Biden administration program that would have allowed undocumented immigrants married to U.S. citizens to apply for green…

Thai Authorities Crack Down on Illegal Bitcoin Mining Operation Linked to Power Outages

Authorities in Thailand have taken decisive action against an illegal Bitcoin mining operation in Ratchaburi, a town located west of Bangkok. This raid, conducted on August 23, follows numerous complaints…

Binance Labs: New AI Investments Poised to Drive Growth in AI-Powered DApps

As artificial intelligence (AI) continues to converge with blockchain technology and digital assets, Binance’s venture capital and incubator arm, Binance Labs, has directed its investments toward AI-focused startups. Max Coniglio,…

Stablecoin Market Cap Reaches Record High Following 11 Months of Consecutive Growth

The stablecoin market has reached a new all-time high, with its capitalization hitting $168 billion, marking 11 consecutive months of growth. This surge surpasses the previous peak observed in March…

Mac Users Cautioned Over New “Cthulhu Stealer” Malware Targeting Crypto Wallets

Apple Mac users are currently facing a new cybersecurity threat from a malware strain known as “Cthulhu Stealer.” This malicious software has the capability to steal personal information, including credentials…

AI Tokens Surge Ahead of Anticipated Nvidia Earnings Report

Artificial intelligence-focused cryptocurrency tokens have experienced significant gains over the past week in anticipation of a major second-quarter earnings report from Nvidia, a tech giant known for its cutting-edge graphics…

Shiba Inu’s DAO Launch: A Step Towards Decentralized Governance

The team behind Shiba Inu, a popular memecoin and the 13th largest cryptocurrency by market capitalization, is gearing up to introduce a decentralized autonomous organization (DAO). This move marks a…

Local Crypto Stakeholders Advocate for Compliance-Based Regulation in Nigeria

Local stakeholders in Nigeria’s cryptocurrency sector are pushing for a regulatory framework that emphasizes compliance over criminalization. This shift is championed by Obinna Iwuno, the former president of the Stakeholders…

US Trustee Raises Concerns Over FTX’s Reorganization Plan

The reorganization proceedings for FTX, the beleaguered cryptocurrency exchange, have hit a significant snag. The U.S. trustee overseeing the case has lodged major objections against FTX’s revised reorganization plan. This…

Bitcoin Chart Hints at Potential Swift Ascent Toward $68K, Say Traders

In the ever-evolving landscape of cryptocurrency trading, patterns on Bitcoin’s price charts are catching the attention of traders, hinting at a potential rally toward its historic 2021 peaks. This analysis…

Sen. JD Vance Promises No Federal Abortion Ban

Ohio Senator JD Vance, the Republican nominee for vice president, has pledged to “absolutely commit” to not implementing a federal abortion ban. This statement marks a significant shift from his…

Partner of Former FTX Executive Faces Campaign Finance Charges

U.S. authorities have charged Michelle Bond, the partner of former FTX Digital Markets co-CEO Ryan Salame, with violations of campaign finance laws. The indictment, unsealed on August 22 in the…

Nearly 80% of Hacked Cryptocurrencies Struggle to Rebound in Price

According to the latest onchain security report, the majority of cryptocurrencies that have been hacked struggle to recover their market value. The report highlights some concerning statistics regarding the lasting…