DMR News

Advancing Digital Conversations

Blockchain

  • Home
  • US Judge Approves Terraform Labs’ $4.5 Billion Settlement with SEC

US Judge Approves Terraform Labs’ $4.5 Billion Settlement with SEC

In a significant legal decision, a United States district court judge has approved a $4.5 billion settlement agreement between Terraform Labs, its co-founder Do Kwon, and the Securities and Exchange…

Taiwan Forms Association to Promote Self-Regulation in the Crypto Industry

A coalition of cryptocurrency companies has come together to form the Taiwan Virtual Asset Service Provider (VASP) Association, aiming to establish self-regulatory standards for the digital asset sector in Taiwan.…

Chinese Court Sentences Group for Money Laundering Using Digital Yuan

A Chinese court has sentenced several individuals to prison for laundering money using the country’s central bank digital currency (CBDC), the digital yuan. This case underscores the complexities of digital…

SEC Chair Anticipates Approval of Spot Ether ETFs This Summer

United States Securities and Exchange Commission (SEC) Chair Gary Gensler has indicated that the SEC may approve the listing and trading of spot Ether (ETH) exchange-traded funds (ETFs) within the…

European Commission Chooses Iota’s Web3 ID Solution for Blockchain Sandbox Initiative

The European Commission has selected Iota’s innovative Web3 Identification (Web3 ID) solution for the latest edition of its European Blockchain Sandbox Initiative (EBSI), underscoring the growing importance of decentralized identity…

KuCoin Reports $1 Billion in May Investments, Highlighting Ethereum’s Influence

KuCoin Research has revealed that the cryptocurrency sector attracted over $1 billion in investments during May 2024, a slight dip from April but showing notable interest in Ethereum and related…

MicroStrategy Plans $500 Million Convertible Senior Notes Offering to Acquire More Bitcoin

MicroStrategy has announced a new initiative to offer $500 million in convertible senior notes, with the funds primarily intended for acquiring additional Bitcoin and supporting general corporate purposes. On June…

North Korean Cyberattacks on Brazilian Fintech Firms Exposed

Google Cloud’s threat intelligence team has uncovered a series of cyberattacks orchestrated by North Korean government-backed hackers targeting Brazil’s cryptocurrency exchanges and fintech companies. This revelation underscores the growing threat…

MoonPay Introduces PayPal Fiat On-Ramp for the UK and EU Markets

MoonPay has announced the addition of PayPal as a fiat on-ramp for customers in the European Union and the United Kingdom. This integration aims to simplify and expand access to…

Chinese President Xi Jinping Commends Conflux Network’s Chief Scientist in Open Letter

On June 12, Chinese President Xi Jinping expressed his admiration for Andrew Chi-Chih Yao, the chief scientist of the Conflux Network and a prominent professor at Tsinghua University, through an…

Circle Announces Integration with Solana: Programmable Wallets and Gas Stations

Circle’s integration with Solana will be executed in two distinct phases. The initial phase, announced on June 12, focuses on deploying programmable wallets. These wallets are designed to allow developers…

Zimbabwe Seeks Crypto Industry Input for Developing Virtual Asset Regulations

The Zimbabwean government is embarking on a significant initiative to establish regulatory frameworks for its burgeoning cryptocurrency industry. In a bid to shape a comprehensive and effective regulatory landscape, the…

Aethir Unveils Decentralized Cloud Compute Network on Ethereum Mainnet

The launch of Aethir’s decentralized cloud network introduces a transformative platform where enterprises, data centers, cloud providers, and cryptocurrency mining operators can contribute their idle GPU resources. This initiative offers…

MetaMask Introduces Pooled Staking for Ethereum Holders

MetaMask, a leading cryptocurrency wallet provider, has launched a new staking service that allows users to pool their funds and stake their assets with enterprise-grade validators managed by Consensys, a…

How Blockchain is Driving McLaren’s High-Speed Race Data

The McLaren Artura GT4 supercar is set to embrace cutting-edge blockchain technology for real-time performance monitoring during its testing day at the iconic Circuit de Spa-Francorchamps. This innovative approach aims…

Tuttle Capital’s New ETF Targets Congressional Stock Picks

Tuttle Capital Management has filed for a unique exchange-traded fund (ETF) that aims to capitalize on the investment decisions made by members of the United States Congress and their spouses.…

Crystal Intelligence Report: Crypto Hacks Reach $19 Billion Over 13 Years

The cryptocurrency industry has endured a significant toll over the past 13 years, with 785 reported hacks and exploits leading to nearly $19 billion worth of digital assets being stolen.…

Crypto Market Decline Erases $190 Million in Leveraged Positions Amid CPI Report Anticipation

On June 11, the cryptocurrency market witnessed significant declines, with Bitcoin and Ether leading the downturn. Bitcoin dropped 2.5% from its daily high of $69,547 to a low of $66,018.…

Trump Advocates for Bitcoin Mining in the USA After Hosting Industry Leaders

Former President Donald Trump has reignited his support for the Bitcoin mining industry, emphasizing the importance of producing Bitcoin domestically. This statement followed a meeting with several key figures from…

BODEN Memecoins Briefly Surge Following Hunter Biden’s Guilty Verdict

In a surprising twist, Solana-based Biden-themed memecoins experienced a brief surge before sharply declining following the guilty verdict of United States President Joe Biden’s son, Hunter Biden, on three federal…