DMR News
Advancing Digital Conversations
Nomura Crypto Arm Laser Digital Bags Abu Dhabi License
Nomura’s cryptocurrency subsidiary, Laser Digital, has achieved a significant milestone in its expansion strategy by securing a broker license in the Abu Dhabi region. This license, granted by the Financial…
Former OpenAI Chief Scientist Ilya Sutskever Starts New AI Company
Ilya Sutskever, co-founder and former chief scientist of OpenAI, is launching a new AI venture named Safe Superintelligence Inc. (SSI). This startup is singularly focused on developing a safe and…
LandBridge Signals Interest in Crypto Miners Amid $320M IPO Launch
LandBridge, a prominent U.S. company specializing in the acquisition of extensive land areas for oil and gas production, has unveiled a forward-looking strategy that includes courting cryptocurrency miners. This announcement…
Singaporean workers are global leaders in using generative AI at work
Singapore – In a groundbreaking revelation, a global survey conducted by UiPath, a leading business automation company, has highlighted Singaporean Millennials and Gen Z workers as pioneers in the adoption…
Iran to Launch Public CBDC Pilot in June
Iran’s Central Bank (CBI) is gearing up to introduce its national digital currency, the digital rial, in a public pilot aimed at enhancing domestic micropayments. Launch of the Digital Rial…
Tencent Pulls DnF Mobile from Huawei, Oppo, and Vivo App Stores
Tencent Holdings has withdrawn its newly released game, Dungeon & Fighter (DnF) Mobile, from the app stores of Huawei Technologies, Oppo, and Vivo due to the expiration of their contracts.…
North Dakota Becomes Latest State to Revoke Binance.US License
North Dakota’s Department of Financial Institutions (DFI) has revoked the money transmitter license of Binance.US, the American branch of the global cryptocurrency exchange Binance. This move, announced by DFI Commissioner…
AMD drives the latest AI-enabled smart parking solution in Singapore
Singapore – AMD has collaborated with Sun Singapore Systems Pte. Ltd., a prominent provider of smart parking solutions in Singapore, to unveil an innovative AI-powered parking system. Leveraging AMD Zynq…
SEC Ends Investigation into Ethereum’s Status — Consensys Announces
The United States Securities and Exchange Commission (SEC) has officially concluded its investigation into whether Ether (ETH), the cryptocurrency associated with the Ethereum network, qualifies as a security. This significant…
Amazon Faces Hefty Fine for California Labor Law Violations
Amazon is facing a hefty fine of nearly $6 million from the California Labor Commissioner for not properly informing its warehouse workers about their expected work quotas. The $5,901,700 penalty…
Brazilian Tax Authority to Seek Detailed Information from Foreign Crypto Exchanges: Report
Brazil’s Federal Revenue Authority, known as Receita Federal do Brasil (RFB), is poised to request detailed information from foreign cryptocurrency exchanges operating within the country. This initiative aims to ensure…
Apple’s AI Journey in China: Navigating Complex Challenges Ahead
Apple’s expansion into artificial intelligence (AI) is hitting significant hurdles in China, one of its most vital markets. The country’s stringent AI regulations and a competitive local smartphone industry pose…
EU’s Chat Control Law Could Break Privacy With Encrypted Message Scans
The European Union is currently considering a contentious law known as the chat control law, which aims to combat child sex abuse material (CSAM) by mandating the scanning of encrypted…
Coinbase Executive Highlights Need for Greater Political Engagement on Crypto in Canada
Lucas Matheson, the country director for cryptocurrency exchange Coinbase in Canada, provided insightful commentary on the state of crypto regulation during the Collision conference in Toronto on June 18. Matheson…
Autify Unveils Zenes: AI-Powered Agent for Enhancing Software Quality Assurance
In a significant step forward for the software development industry, Autify, a startup with bases in San Francisco and Tokyo, announced on Monday the successful closure of a $13 million…
US Justice Department Opposes Sentence Reduction for Former Ethereum Developer Virgil Griffith
In a recent development, the United States Justice Department has strongly opposed a motion by former Ethereum developer Virgil Griffith to reduce his prison sentence for violating sanctions on North…
Google Launches Gemini Mobile App in India with Support for Nine Indian Languages
Google has officially launched its dedicated AI mobile app, Gemini, in India, expanding its reach to a broader audience by offering support for multiple Indian languages. This rollout comes over…
Security Researcher Discovers Flaw Allowing Email Spoofing in Outlook
A critical security flaw discovered in Microsoft’s email system could permit attackers to mimic Microsoft corporate email accounts, increasing the likelihood of successful phishing attacks. Researcher Vsevolod Kokorin, who operates…
Perplexity AI Successfully Expands into Japan through Strategic Partnership with SoftBank
After its announcement of a strategic partnership with SoftBank in April 2024, Perplexity, the San Francisco-based AI search engine challenging Google, is leveraging this collaboration to broaden its user base…
Market and Regulatory Dynamics Propel Retail Crypto Growth in Canada
The future of retail cryptocurrency trading in Canada appears promising, driven by a blend of favorable market conditions and a supportive regulatory environment. At the Collision event in Toronto, Dean…