DMR News
Advancing Digital Conversations
Bank of England to Conduct Trials with Wholesale Central Bank Digital Currency and Synchronization Techniques
The Bank of England (BoE) has announced plans to launch an experimental program that integrates its Real-Time Gross Settlement (RTGS) system with a wholesale central bank digital currency (wCBDC). This…
Qualcomm’s New Chip Aims to Bring 5G to Millions in Emerging Markets
Qualcomm introduced the Snapdragon 4s Gen 2 chip, aiming to expand 5G accessibility to 2.8 billion smartphone users in cost-sensitive markets like India and Latin America. This entry-level chip, unveiled…
Meta Launches AI Studio for Custom Chatbots on Instagram
Meta has launched AI Studio, a new tool that enables Instagram creators and users in the US to create AI versions of themselves. This feature allows these AI personas to…
Intel Avoids UK Sales Ban in Patent Dispute with R2
Intel secured a legal victory in London on Wednesday, defeating U.S. competitor R2 Semiconductor in a significant patent dispute. The case revolved around R2’s claim that Intel had infringed on…
Research Suggests Bots are Behind Solana’s Surge Ahead of Ethereum
This week, Solana has surpassed Ethereum in various performance metrics, yet a new research article raises concerns about the authenticity of this activity. According to a study by the pseudonymous…
Tether Achieves Record $5.2 Billion Profit in first half of 2024
On July 31, Tether, the issuer of the dollar-pegged USDT stablecoin, unveiled its impressive financial performance for the first half of 2024. The company reported a record-breaking profit of $5.2…
Potential U.S. Restrictions on AI Memory Chips Could Impact China’s Tech Sector
The United States is contemplating new unilateral restrictions on China’s access to advanced AI memory chips, specifically targeting products from companies like Micron Technology, SK Hynix, and Samsung, according to…
NASA Shifts from Cable to Streaming with NASA+
NASA is set to shut down its NASA TV cable channel in late August, transitioning all its content to the on-demand streaming service, NASA+. The agency’s modernization efforts are focused…
Trump Accuses Harris of Opportunistically Changing Racial Identity During Tense Exchange with Black Journalists
Donald Trump made headlines with a controversial appearance at a conference hosted by the National Association of Black Journalists (NABJ). During a contentious question-and-answer session, Trump’s remarks about Vice President…
SEC Accuses BitClout Creator Nader Al-Naji of Fraudulent Practices
On July 30, the United States Securities and Exchange Commission (SEC), in coordination with the US Attorney’s Office for the Southern District of New York, announced formal charges against Nader…
Binance Labs Funds Liquid Staking Platform aPriori
Binance’s venture capital arm has recently expanded its investment portfolio by funding aPriori, a promising liquid staking protocol operating on the Monad network. This investment, announced on July 30, highlights…
Federal Ruling: Amazon Accountable for Dangerous Third-Party Products
The US Consumer Product Safety Commission (CPSC) has ruled that Amazon is legally responsible for recalling hazardous products sold by third-party sellers on its platform. In a unanimous decision, the…
Nvidia Gains Momentum with 13% Stock Surge
Nvidia shares jumped 13% on Wednesday following remarks from major customer Microsoft and rival chipmaker AMD, suggesting that the demand for AI server infrastructure, heavily reliant on Nvidia’s GPUs, remains…
Trust Wallet Collaborates with TON to Enhance Blockchain Utilization
Trust Wallet, a prominent self-custody Web3 wallet provider, has entered into a strategic partnership with The Open Network (TON) to accelerate the adoption of blockchain technology. This collaboration is set…
Meta Agrees to Pay $1.4 Billion in Texas Biometric Data Lawsuit
Meta Platforms, the parent company of Facebook, has agreed to a $1.4 billion settlement with the state of Texas. The settlement resolves a lawsuit accusing Meta of illegally using facial…
Harris Refines Policy Strategy in Anticipation of Electoral Showdown with Trump
Vice President Kamala Harris faces the intricate challenge of fine-tuning her policy agenda to resonate with American voters, a crucial task for any presidential hopeful, particularly under unique circumstances this…
Samsung’s Galaxy Z Flip Finds New Role as Police Bodycam
Samsung has recently highlighted an unconventional use of its Galaxy Z Flip series smartphones, promoting them as tools for law enforcement. In a recent post on Samsung’s newsroom, the company…
North Korean Hacker Infiltrates US Security Firm, Attempts Malware Attack
KnowBe4, a US-based security vendor specializing in security awareness training, revealed that it accidentally hired a North Korean hacker who attempted to install malware within its systems. This incident serves…
Ethereum Spot ETFs Record Positive Net Inflows with $34M Gained on July 30
For the first time since their inception, United States-listed spot Ethereum exchange-traded funds (ETFs) have experienced a shift to net positive daily inflows, marking a significant reversal from the consistent…
UAE Residents to Trade Cryptocurrency Directly Through Bank Accounts
Crypto exchange M2 has launched a groundbreaking service that allows residents in the United Arab Emirates (UAE) to directly buy and sell major cryptocurrencies—Bitcoin and Ether—using their local bank accounts.…