DMR News
Advancing Digital Conversations
Sony invests $320 million to become Kadokawa’s largest shareholder
Sony Group has announced plans to deepen its stake in Kadokawa Corporation, a major player in Japanese media, by investing approximately 50 billion yen ($320 million). The move will increase…
Bitfinex Hacker Issues Statement Following Sentencing
Ilya Lichtenstein, the notorious hacker behind the 2016 Bitfinex cryptocurrency exchange heist, has publicly addressed his actions following his five-year prison sentence. In a recent social media post from December…
Nigerian SEC Introduces Stricter Regulations for Crypto Marketing
The Nigerian Securities and Exchange Commission (SEC) has revised its regulations concerning cryptocurrency, imposing new requirements on virtual asset service providers (VASPs) and social media influencers involved in crypto-related promotions.…
China Accuses US of Cyberattacks on High-Tech Companies
China’s national cyber emergency response center has accused U.S. entities of launching cyberattacks on Chinese tech firms to steal trade secrets. According to a statement by the National Computer Network…
Support for Higher Ethereum Gas Limits Grows Among Validators
As of December 19, the movement to increase Ethereum’s gas limit gained notable momentum, with 10% of network validators signaling support for a cap higher than the current 30 million.…
El Salvador Acquires 11 Bitcoins Shortly After Finalizing IMF Agreement
El Salvador has made a notable addition to its national cryptocurrency reserve, purchasing 11 bitcoins for over $1 million, just a day following the conclusion of a significant $1.4 billion…
Elon Musk Confirms Starlink Is Inactive in India After Device Seizures
Starlink, Elon Musk’s satellite internet company, is not operational in India, Musk confirmed late Tuesday. His statement came after Indian authorities seized two devices bearing the Starlink logo in recent…
Binance.US Targets Early 2025 for Resumption of USD Services
Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, is gearing up to reinstate US dollar services by early 2025, as stated by interim CEO Norman Reed. This announcement…
Qualcomm’s Nuvia Deal Could Save $1.4 Billion Annually in Arm Fees
Qualcomm projected it could save up to $1.4 billion annually in payments to Arm by acquiring startup Nuvia, according to internal documents revealed in a Delaware federal court trial. Qualcomm…
Threads Lets Users Share Media with Credit to Original Creators
Threads is rolling out a new “Use media” feature that lets users reshare photos and videos with their own captions while crediting the original creator. Announced by Instagram head Adam…
Judge Declines to Halt Coinbase’s wBTC Delisting Amid Justin Sun Controversy
In a recent virtual hearing at the United States District Court for the Northern District of California, Judge Araceli Martínez-Olguín ruled against issuing a temporary restraining order that would prevent…
Apple Abandons Plans for iPhone Hardware Subscription Service
Apple is no longer pursuing a hardware subscription service for its iPhones, according to a report from Bloomberg. Initially envisioned in 2022, the service aimed to let users upgrade to…
Crypto Advocacy Group Urges SEC to Reassess Investigations and Lawsuits with New Administration
A prominent crypto advocacy organization, the Digital Chamber’s Token Alliance, has called on the United States Securities and Exchange Commission (SEC) to undertake a comprehensive review of all crypto-related investigations,…
Kakao Mobility Fined $10.5 Million for Restricting Rivals on Taxi App
Kakao Mobility, the ride-hailing subsidiary of Korean tech giant Kakao, has been fined $10.5 million (KRW 15.1 billion) by South Korea’s antitrust watchdog, the Korea Fair Trade Commission (KFTC), for…
BlackRock Reignites Debate on Bitcoin’s 21 Million Cap with Uncertainty Disclaimer
The long-standing certainty around Bitcoin’s 21 million supply cap has been called into question following a recent explainer video by BlackRock. In the video, while reaffirming Bitcoin’s status as a…
Honda and Nissan in Talks to Join Forces Against Competitors
Honda and Nissan are exploring a merger that could reshape the global automotive landscape. According to Nikkei, the two Japanese automakers are in talks to consolidate under a new holding…
Japan’s Kioxia Valued at $5.8 Billion After IPO Surge
Shares of Kioxia Corporation surged 14% on their debut Wednesday, valuing the Japan-based memory chipmaker at approximately 890 billion yen ($5.8 billion). Backed by Bain Capital, the company’s initial public…
South Korean Lawmaker Faces Six Months in Prison for Concealing Crypto Assets
Kim Nam-kuk, a member of South Korea’s National Assembly, is under scrutiny and could face a six-month prison sentence for allegedly failing to report his complete cryptocurrency holdings to the…
Look Around Now Available on Apple Maps Web Beta
Apple’s Look Around feature, its answer to Google Street View, is now accessible via Apple Maps on the web. This functionality allows users to explore cities with interactive, 360-degree imagery.…
Deutsche Bank Develops Layer-2 Blockchain on Ethereum
Deutsche Bank, Germany’s most prominent financial institution, is reportedly advancing its blockchain initiatives by developing a layer-2 (L2) blockchain solution on Ethereum, employing ZKsync technology. This development is designed to…