DMR News

Advancing Digital Conversations

‘Razzlekhan’ Receives 18-Month Prison Sentence for Role in Bitfinex Crypto Theft

In a notable legal development, one of the individuals linked to the laundering of stolen Bitcoin from the 2016 Bitfinex hack has been sentenced to 18 months in prison. Washington,…

Roblox Tightens Safety Rules for Under-13 Users

Roblox has rolled out a series of updates aimed at improving safety for its youngest users and giving parents more control over how their children use the platform. The updates,…

India Fines WhatsApp $25.4M, Restricts Data Sharing

India has imposed a $25.4 million fine on Meta and directed its messaging platform, WhatsApp, to stop sharing user data with other Meta-owned applications for advertising purposes for five years.…

Trump Administration Aims to Simplify Deployment of Self-Driving Vehicles

President-elect Donald Trump’s transition team is actively working to establish a robust federal framework to facilitate the integration of self-driving cars onto U.S. roads. According to a report by Bloomberg,…

Xiaomi Raises EV Forecast for Third Time This Year

Xiaomi Corp, the Chinese electronics and electric vehicle maker, has raised its 2024 delivery goal to 130,000 units for its first EV, the SU7 sedan. This marks the third upward…

Goldman Sachs to Spin Out Crypto Platform

Goldman Sachs is setting the stage to spin out its cryptocurrency platform into a separate entity dedicated to creating and trading financial instruments on blockchain networks, as reported by Bloomberg…

Nepal to Fight Crypto Fraud with Public Awareness, Transaction Monitoring

Nepal’s Financial Intelligence Unit (FIU) has raised significant concerns about the increasing use of cryptocurrencies in cyber-related frauds, despite the country’s official ban on trading digital assets. The FIU, a…

States Push Congress to Pass the Kids Online Safety Act

Thirty-two state attorneys general are calling on Congress to prioritize the Kids Online Safety Act (KOSA) before the current session wraps up. The bipartisan coalition argues that social media platforms…

Texas Proposal Would Give Schools the Option to Use Bible Teachings in Lessons

A new proposal in Texas could allow public schools to include teachings from the Bible in lessons for students from kindergarten through fifth grade. This plan, which was presented to…

DOJ Wants Google to Sell Chrome in Antitrust Crackdown

The Justice Department is stepping up its antitrust fight against Google, and Chrome might be the first to go. Bloomberg reports that DOJ lawyers are asking a federal judge to…

Xiaomi Partners with PhonePe for New App Store in India

Xiaomi will transition its Indian app store to fintech company PhonePe’s Indus AppStore starting January 2024. The update will automatically replace Xiaomi’s GetApps store on devices across India, signaling a…

Trump Taps Oil Advocate Chris Wright for DOE Role

President-elect Donald Trump has chosen Chris Wright, CEO of Liberty Energy and a vocal supporter of fossil fuels, as his pick to lead the Department of Energy. The announcement is…

South Korean City Threatens to Sell Crypto Assets of Tax Debtors

Authorities in the South Korean city of Paju, located in Gyeonggi Province, have announced plans to seize and sell the cryptocurrency holdings of residents who have unpaid taxes. On November…

Huawei Opens Pre-Orders for Mate 70 Ahead of Big Event

Huawei Technologies has started accepting pre-orders for its latest Mate 70 smartphone model. The announcement, made on the company’s official WeChat account on Monday, marks a new chapter for the…

Study Reveals X Algorithm Favors Musk and Republicans

Elon Musk’s social platform, X, may have made algorithmic changes to amplify his posts and those of other conservative figures following his endorsement of Donald Trump’s presidential campaign, according to…

Crypto.com to Offer Equities Trading to Australians After Acquiring Fintek

Crypto.com, a global cryptocurrency exchange, has made a significant move by acquiring Australian brokerage and trading firm Fintek Securities, enabling the platform to offer traditional financial products to users in…

Taiwan Seeks EU Economic Partnership to Boost Semiconductor Ties

Taiwan President Lai Ching-te has called for the European Union to sign an economic partnership agreement with the island, highlighting its potential to deepen cooperation in critical sectors such as…

Polish Presidential Candidate Pledges Support for Strategic Bitcoin Reserve

Polish presidential candidate Sławomir Mentzen has vowed to create a Bitcoin reserve if he wins the country’s 2025 election, echoing a similar promise made by U.S. President-elect Donald Trump during…

European Space Startup Secures $160M to Develop Reusable Space Capsule

The Exploration Company (TEC), a European aerospace startup, has secured $160 million in Series B funding to develop Nyx, its reusable space capsule designed to carry astronauts and cargo. The…

Alibaba Beats Profit Forecast as China Faces Tepid Spending

Chinese e-commerce leader Alibaba delivered better-than-expected profits in its September quarter, driven by gains from equity investments, despite falling short on sales projections. The company’s net income rose 58% year-on-year…