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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Crypto Exchanges in the UK and Colombia Connected to TD Bank’s Record Penalty

TD Bank’s recent compliance issues could be linked to two unnamed cryptocurrency firms operating in Colombia and the United Kingdom. On October 10, TD Bank’s U.S. division agreed to pay…

UAE Stablecoin Issuer Receives Approval from Central Bank

The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, as announced in a recent news release.…

California Gov. Gavin Newsom Signs Law to Curb Gas Price Spikes

California Governor Gavin Newsom signed a new law on Monday aimed at preventing sudden spikes in gas prices, marking the latest development in his ongoing confrontation with the oil industry…

Samara Asset Group to Boost Bitcoin Holdings with $33 Million Bond

Publicly-listed asset management firm Samara Asset Group is set to increase its Bitcoin holdings by utilizing proceeds from a €30 million ($32.8 million) bond. In an announcement made on October…

“Bitcoin” Search Interest Hits Yearly Low as “Memecoins” Experience a Surge

Google search volumes for the term “Bitcoin” have plummeted to their lowest level in a year during the week of October 12, 2024. On a scale of 100, global interest…

Prediction Markets Surge 565% in Q3, Driven by US Elections

Prediction markets experienced remarkable growth in the third quarter of 2024, primarily fueled by bets on the upcoming United States presidential election. This event is anticipated to have wide-reaching implications…

Vitalik Buterin Reflects on Ethereum’s Future After the Merge

Ethereum co-founder Vitalik Buterin recently took to social media to share his reflections on the state of the protocol and its potential evolution following the historic Merge. In a detailed…

Vitalik Buterin Sells Additional $1.6 Million in Memecoins Designated for Charity

Ethereum co-creator Vitalik Buterin has converted another $1.6 million worth of memecoins into Ether, a portion of which he previously pledged to donate to various charitable organizations. This recent sale…

‘Off The Grid’ Exposes Mainstream Audiences to Blockchain Gaming

Gunzilla Games’ “Off The Grid,” a free-to-play, third-person battle royale game, has taken the gaming world by storm, currently ranking as the top free-to-play title on the Epic Games online…

ZachXBT Reports Increase in Offline Crypto Robberies Targeting Traders

Blockchain investigator ZachXBT has reported a disturbing rise in messages from individuals claiming to be victims of in-person cryptocurrency robberies. In a post on October 10, ZachXBT stated that he…

Crypto Companies Paid $19 Billion in Settlements to U.S. Regulators in 2024

In 2024, U.S. regulators have collected over $19 billion in lawsuit settlements from cryptocurrency companies, representing nearly two-thirds of all settlements to date. An October 9 report from CoinGecko highlights…

Trump Labels Democrats as “The Enemy from Within,” Claiming They Pose Greater Threat than Foreign Adversaries

Former President Donald Trump has characterized Democrats and others who have investigated him as “the enemy from within,” suggesting that they are more dangerous than significant foreign adversaries such as…

Eswatini Unveils Design for Tokenized Retail Central Bank Digital Currency

The Central Bank of the Kingdom of Eswatini, a landlocked nation with a population of approximately 1.2 million, situated between South Africa and Mozambique, has released a design paper outlining…

Dubai’s Crypto Regulator Takes Action Against Unlicensed Firms

Dubai‘s Virtual Assets Regulatory Authority (VARA) has launched a significant crackdown on unregulated cryptocurrency companies and those violating its marketing regulations. On October 9, VARA announced that it had issued…

Argentina Surpasses Brazil in Cryptocurrency Inflows

Argentina has officially overtaken Brazil as the leading country in Latin America for cryptocurrency inflows. Between July 2023 and June 2024, Argentine crypto users deposited an astonishing $91 billion in…

South Korea Permits Division of Cryptocurrency Holdings in Divorce Settlements

Married couples in South Korea can now legally divide their cryptocurrency holdings during divorce proceedings, according to IPG Legal, a law firm specializing in the country’s legal system. This development…

FBI Unveils Cryptocurrency Initiative to Investigate Crypto Price Manipulation

The FBI has adopted an innovative approach to combating price manipulation in cryptocurrency markets by creating its own token, NexFundAI, as part of a comprehensive investigation into fraudulent activities. This…

Thai SEC Proposes Inclusion of Crypto Products in Mutual and Private Funds

Thailand’s Securities and Exchange Commission (SEC) has made a significant move to accommodate the increasing interest in cryptocurrency investments from institutional investors. On October 9, the finance regulator proposed allowing…

IREN Faces Lawsuit Over Alleged Overstatements in Computing Capabilities

IREN, previously known as Iris Energy, is currently facing a class-action lawsuit from investors who claim that the crypto mining company misrepresented the capabilities and readiness of its high-performance computing…

Crypto-Mining Malware Infects 28,000 Users But Nets Only $6,000

A recently discovered malware, which infected tens of thousands of devices, managed to yield surprisingly low profits for the effort involved. Cybersecurity firm Doctor Web reported on October 8 that…