DMR News

Advancing Digital Conversations

Month: October 2024

  • Home
  • Taiwan Expands Digital Asset ETF Access for Professional Investors

Taiwan Expands Digital Asset ETF Access for Professional Investors

Taiwan’s Financial Supervisory Commission (FSC) has made a significant move by officially allowing professional investors to participate in “foreign virtual asset” exchange-traded funds (ETFs). This announcement, made on September 30,…

Tesla’s Full Self-Driving Goes Live For Some Cybertruck Owners

Tesla’s Full Self-Driving (FSD) feature is now being rolled out to a select group of Cybertruck owners as part of its early access program, meeting the company’s end-of-September deadline for…

FTX Token Surges 70% Amid Anticipation of Bankruptcy Payouts

The native cryptocurrency of the now-defunct crypto exchange FTX, FTT, experienced a significant rise, jumping over 70% to hit a multi-month high. This surge occurred on September 29, pushing the…

BYD announces recall of top-selling Dolphin and Yuan Plus EVs

BYD is recalling nearly 97,000 electric vehicles due to a manufacturing fault in the steering control unit, which poses a potential fire risk, according to the Chinese market regulator. The…

Crypto Founders Increasingly Turn to Geofencing Amid U.S. Regulatory Uncertainty

In the face of growing regulatory uncertainty in the United States, cryptocurrency founders are increasingly considering geofencing as an “extreme solution” to navigate compliance challenges. Geofencing, which involves blocking users…

Bitcredit Protocol raises €6.7M pre-seed for Bitcoin M1

Bitcredit Protocol has secured €6.7 million (US$7.5 million) in pre-seed financing. The open source initiative aims to upgrade Bitcoin from a store of value into a viable currency for the…

O4DX Bridge Set to Revolutionize Cross-Chain Transactions: Launching October 9th, 2024

In a significant move for the decentralized finance (DeFi) ecosystem, OrangeDX is preparing to unveil its highly anticipated O4DX Bridge on October 9th, 2024. Touted as a game-changer for cross-chain…

Gemini to Shut Down All Customer Accounts in Canada

The cryptocurrency exchange Gemini, co-founded by the Winklevoss twins, has announced plans to close all customer accounts in Canada by the end of 2024. In an email sent to Canadian…

Ohio Considers Accepting Cryptocurrency for Tax Payments and Fees

An Ohio state senator has proposed a bill that would mandate the state to accept cryptocurrency as a form of payment for state taxes and fees. The legislation, introduced by…

Songs by Top Artists to Return to YouTube After Deal with SESAC

YouTube has reached a new agreement with SESAC, a performing rights organization, to restore music videos from several well-known artists that were recently removed from the platform. The removal, which…

Matrixport Enhances European Presence with Swiss Asset Manager Acquisition

Matrixport, a leading cryptocurrency financial services platform based in Singapore, has announced the successful acquisition of Swiss crypto asset manager, Crypto Finance Asset Management (CFAM). This strategic move, finalized on…

Trump Incorrectly Claims Georgia Governor Failed to Communicate with Biden Regarding Storm Impact

In a recent claim that stirred political tensions, former President Donald Trump erroneously stated that Georgia Governor Brian Kemp was unable to contact President Joe Biden to discuss the aftermath…

ByteDance Turns to Huawei Chips for New AI Model Development

ByteDance is reportedly preparing to develop a new artificial intelligence model using Huawei chips, as U.S. trade restrictions push the Chinese tech giant to seek domestic alternatives. According to three…

Block3 Finance: Leading the Way in Comprehensive Accounting, Tax & CFO Services for the Evolving Cryptocurrency Landscape

Block3 Finance is a leading provider of Cryptocurrency Accounting, CFO services, and Tax Services for individuals, companies, traders and investors involved in Cryptocurrency and Non-Fungible Tokens (NFTs) The team at Block3…

Apple Withdraws from OpenAI’s $6.5 Billion Funding Round

Apple has pulled out of discussions to participate in OpenAI’s funding round, which is expected to raise up to $6.5 billion, just before the deal’s closure, according to a report…

Epic Games accuses Samsung and Google of blocking rival app stores

Epic Games has accused Samsung and Google of colluding to stifle competition and restrict user choice in a lawsuit filed on Monday. The legal action claims that Samsung’s Auto Blocker…

Meta Faces $106 Million Fine for Storing Facebook Passwords in Plaintext

Meta has been fined €91 million (around $106 million) by the Irish Data Protection Commissioner (DPC) for storing user passwords in plaintext, violating the EU’s General Data Protection Regulation (GDPR).…

YouTube Blocks Music by Adele, Bob Dylan, and Others Due to SESAC Dispute

Since Saturday, numerous YouTube and YouTube Music videos featuring music from renowned artists like Adele, Green Day, Bob Dylan, Kendrick Lamar, Britney Spears, Kanye West, and Burna Boy have become…

FTX Distribution Payments Will Not Begin on September 30

Rumors have been circulating on social media suggesting that the FTX bankruptcy estate will commence distributing reimbursement funds to creditors and customers on September 30. However, these claims have been…

Cerebras Announces IPO Plans to Compete with Nvidia in AI Market

Artificial intelligence chipmaker Cerebras Systems has filed for an initial public offering (IPO), aiming to trade under the ticker symbol “CBRS” on the Nasdaq. The company, founded in 2016 and…