DMR News
Advancing Digital Conversations
Perplexity Introduces Factual Query Results to Rival Google
Perplexity, an AI-powered search startup, has introduced a new feature that provides instant results for factual queries. Users can now find answers to questions about the weather, time in different…
Tether Unveils Alloy, a Gold-Backed Stablecoin Pegged to the U.S. Dollar
Tether has introduced a new gold-backed stablecoin, named Alloy (aUSDT), which is tethered to the U.S. dollar. This marks the first asset of its kind from the issuer, and it…
YouTube to Add Community Notes Feature to Tackle Misinformation
YouTube is introducing a community notes feature, emulating a concept previously implemented by X (formerly known as Twitter). This new feature is aimed at enhancing video content with viewer-contributed annotations…
Polymarket User Faces Charges for Betting on Taiwan Election Results
In a recent legal development in Taiwan, authorities have charged a man for using the crypto betting platform Polymarket to place bets on the country’s 2024 presidential elections, which concluded…
Corporate Adoption of Crypto Still Lags Despite Bitcoin ETFs
While the introduction of the first spot Bitcoin exchange-traded funds (ETFs) in the United States marked a significant milestone for the cryptocurrency industry, corporate adoption and trust in digital assets…
Bitcoin NFTs Overtake Ronin in Cumulative Sales Volume
The Bitcoin network has recently ascended in the non-fungible token (NFT) market, now ranking third in all-time sales among blockchain platforms, surpassing the Ronin blockchain. This development underscores the growing…
Coinbase International Introduces Pre-Launch Market Support
Following the trend set by centralized exchanges like Binance, Bybit, Bitget, and OKX, Coinbase International is stepping into the arena with its own launchpad designed to promote emerging crypto projects.…
US Government Sues Adobe Over Hiding Early Termination Fees and Making Subscriptions Hard to Cancel
The US government has initiated legal action against Adobe, alleging deceptive practices related to the early termination fees and the complexity of canceling subscriptions. The Department of Justice’s complaint, supported…
Nvidia Surpasses Microsoft to Become the Most Valuable Publicly Traded Company
Nvidia, a name once synonymous with high-performance graphics chips in the gaming community, has surged to become the most valuable public company globally. With a remarkable leap in its stock…
Uphold Announces Delisting of USDT and Five Other Stablecoins by July, Cites MiCA Compliance
Cryptocurrency exchange Uphold has recently notified its European users of a significant upcoming change: the platform will cease support for six well-known stablecoins starting July 1st. This decision is in…
Apple Pay Later Shut Down, Affirm to Take Over Loan Services
Apple has announced the discontinuation of its Apple Pay Later service, confirming to TechCrunch that it will no longer accept new loans. This decision comes as the tech giant prepares…
Uncertain Drivers Behind Steep Decline as Major Altcoins See Double-Digit Drops
The cryptocurrency markets plunged into turmoil on Monday, witnessing significant declines across numerous altcoins, with some dropping more than 10%. Despite the pronounced downturn, industry analysts have struggled to pinpoint…
Apple Faces Lawsuit Over Alleged Gender-Based Pay Discrimination
A lawsuit filed this week in California alleges that Apple has engaged in discriminatory pay practices, specifically underpaying female employees based on a system that predates 2017. The legal action…
Malaysia Intensifies Crackdown on Crypto Tax Evasion with Operation “Ops Token”
In a strategic move to curb tax evasion in the cryptocurrency sector, Malaysia’s Inland Revenue Board (IRB) has launched “Ops Token,” a special operation targeting tax revenue leakage from crypto…
New South Korean Law Mandates Regular Review of Token Listings on Crypto Exchanges
The Financial Services Commission (FSC), South Korea’s financial regulator, has issued directives to 29 registered cryptocurrency exchanges, including major platforms like Upbit, Bithumb, Coinone, Korbit, and Gopax. These exchanges must…
Remilia Hacker Transfers $4.3 Million in Stolen Crypto to Tornado Cash
The hacker behind the $4.3 million exploit of Remilia DAO has funneled the stolen funds through Tornado Cash, a notorious cryptocurrency mixer, according to recent blockchain analysis. Details of the…
No More AI Chatbot Orders at McDonald’s Drive-Thrus
McDonald’s is discontinuing its AI-driven drive-thru ordering experiment, previously conducted in partnership with IBM. The fast-food giant informed its franchisees that the AI program will conclude by July 26th, 2024,…
zkSync Defends Sybil Protection Measures Amid Binance’s Own ZK Token Airdrop
As the Ethereum zero-knowledge layer-2 scaling platform zkSync prepares for its highly anticipated ZK token airdrop on June 17, the team continues to address concerns and criticisms regarding its airdrop…
Ethereum Scaling Ecosystem Reaches Record-High TPS, Driven by Layer-3 Solutions
The Ethereum ecosystem has reached a new milestone in transactions per second (TPS), largely due to a significant increase in activity on a lesser-known Ethereum layer-3 solution. On June 16,…
Former House Speaker Advocates for Stablecoins to Bolster U.S. Financial Strength Against China
Paul Ryan, the former Speaker of the U.S. House of Representatives, has argued that dollar-pegged stablecoins could be a vital tool for addressing the looming U.S. debt crisis and maintaining…