DMR News

Advancing Digital Conversations

Asia-Pacific

  • Home
  • Japan and South Korea clash over an app amidst heightened tensions

Japan and South Korea clash over an app amidst heightened tensions

In 2019, a joint venture between two top companies from Japan and South Korea symbolized a beacon of cooperation amidst strained diplomatic relations. Executives from South Korea’s Naver and Japan’s…

Rocketlane snags $24M to bring AI-led experiences for professional services teams

Rocketlane, a SaaS startup catering to professional services teams across the U.S., India, and Europe with its innovative automation platform, has secured $24 million in fresh investment. This funding will…

Transaction Fees for Bitcoin and Ethereum Drop to Seven-Month Low

In a stark contrast to the often volatile crypto landscape, Bitcoin and Ether transaction fees have significantly dropped, reaching their lowest points in several months. This change coincides with one…

BYD Introduces Third Electric Vehicle Model in Japan

Shenzhen-based BYD has made a bold move in Japan’s electric vehicle (EV) market with the launch of its third model, the Seal EV. This premium sedan, which began accepting orders…

South Korean Research Institute Advises Caution on Crypto ETFs

The Korea Institute of Finance, a prominent think tank focused on financial and economic analysis in South Korea, has voiced concerns about the potential risks associated with the introduction of…

Japan’s Metaplanet Announces 1 Billion Yen Bond Sale to Acquire More Bitcoin

Tokyo-based investment and consulting firm Metaplanet has unveiled plans to issue bonds worth 1 billion yen (approximately $6.26 million) to fund the purchase of Bitcoin. This decision reflects the company’s…

India’s Zyod secures a huge $18M to expand tech-fashion globally.

Zyod, an innovative Indian startup, is revolutionizing the global fashion industry with its advanced tech platform designed to streamline the entire design-to-delivery process for fashion brands worldwide. The Gurugram-based company…

Binance Aids BtcTurk in Cyberattack Investigation, Freezes $5.3 Million in Stolen Funds

Cryptocurrency exchange Binance has reportedly stepped in to assist Turkish crypto exchange BtcTurk in investigating a recent cyberattack that compromised millions of dollars in digital assets. Binance CEO Richard Teng…

U.S. Moves Toward Restricting Investments in China’s AI and Technology Sectors

On June 21, the U.S. Treasury Department issued draft rules aimed at curtailing or requiring notification of investments by U.S. entities in China’s artificial intelligence (AI) and other sensitive technology…

China Urges EU to Drop Planned Tariffs and Follow WTO Rules, State Media Reports

In a recent development, China has called on the European Union (EU) to retract its provisional decision to impose significant tariffs on Chinese electric vehicles (EVs). The appeal follows an…

Hong Kong Seeks Global Input on Shaping the Future of Web3 and Digital Assets

Hong Kong’s Legislative Council member Johnny NG Kit-Chong announced that the council is actively seeking insights from global industry leaders to formulate policy recommendations and guide discussions on the future…

Huawei Mobile Device Sales Near One Billion Mark Amid Intensifying Rivalry with Apple

Huawei Technologies Co. is on the verge of achieving a significant milestone: nearly one billion active consumer devices. This progress highlights the US-sanctioned company’s aggressive push to rival Apple Inc.…

KL’s Apple Store Opening Free Tote Bags Fetching High Prices Online

The grand opening of Malaysia’s first Apple Store at The Exchange TRX mall in Kuala Lumpur on June 22 has sparked a new trend, with attendees capitalizing on the exclusive…

Bitcoin Miners Managing Pressures Without Resorting to Extensive Sell-Offs

Despite the rising operational costs and diminishing rewards, Bitcoin miners are not facing a catastrophic situation. Glassnode’s lead analyst James Check, also known by his handle “Checkmatey,” recently shared insights…

Revised Ether ETF Proposals Submitted by Asset Managers Targeting July Introduction

Several prominent asset managers have recently updated their proposals for Ethereum exchange-traded funds (ETFs), signaling a significant move in the crypto investment space. On June 21, leading firms including VanEck,…

ByteDance Collaborates with Broadcom on Advanced AI Chip Development

June 24, 2024 – Beijing: In a strategic move to secure its position in the competitive AI landscape, ByteDance, the parent company of TikTok, is collaborating with U.S. chip designer…

Chinese Automakers Embrace Livestreaming to Refresh Industry Image

In a dramatic shift spurred by the fierce competition in China’s automotive sector, veteran executives from established car companies are increasingly turning to livestreaming to promote sales. This trend highlights…

Binance Integrates USDT on TON, Enhancing Transaction Accessibility

Binance recently announced a significant milestone in its operational strategy by integrating Tether’s USDT token onto The Open Network (TON), signaling expanded options for stablecoin liquidity within its ecosystem. This…

Mirror World CEO on Building Solana Game Engine After $12M Raise

Despite the surging popularity of blockchain technology, Chris Zhu, CEO of Mirror World, points out significant infrastructure challenges for game developers on Solana. In an interview with Cointelegraph, Zhu highlighted…

Japanese Exchange BitFlyer Acquires FTX Japan

BitFlyer Holdings has announced its acquisition of FTX Japan, the Japanese arm of the defunct crypto trading platform FTX, with plans to rebrand it as New Custody Company. This move…