DMR News
Advancing Digital Conversations
Senator Lummis Introduces Bitcoin Strategic Reserve Bill in Senate
On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, a legislative proposal aimed at establishing a reserve fund for Bitcoin, a scarce decentralized asset. The bill…
Biden Adviser Involved in Crypto Discussions to Join Harris-Supporting Super PAC
Anita Dunn, a senior adviser to President Joe Biden, is reportedly on her way out of the White House to join a political action committee (PAC) that supports Vice President…
Wisconsin Introduces New Tracker to Combat Cryptocurrency Fraud and Investment Scams
The Wisconsin Department of Financial Institutions (DFI) has taken a significant step forward in the fight against financial fraud by launching a publicly accessible investment scam tracker. This innovative tool…
Uber’s New Deal with BYD to Bring Electric Cars to Europe and Latin America
Uber and BYD have announced a significant multi-year strategic partnership that will see 100,000 BYD electric vehicles added to Uber’s ride-hailing platform, starting in Europe and Latin America. The partnership,…
Crypto Scams Persist in China Despite Ban, Shaanxi Police Detain Four Suspects
Mainland China, recognized as one of the most stringent jurisdictions regarding cryptocurrency regulation, continues to grapple with investment scams despite a comprehensive ban on most crypto activities. This ongoing issue…
Full Lyrics Access Back for Spotify’s Free Users
Spotify has recently announced that it will reinstate full lyrics access for free users, allowing them to view lyrics for any song without limitations. This change marks a reversal of…
Study Reveals How Six Dating Apps Expose User Locations to Stalkers
Belgian researchers from KU Leuven have discovered significant security vulnerabilities in six popular dating apps—Bumble, Hinge, Grindr, Badoo, Happn, and Hily—that could allow malicious users to pinpoint a user’s location…
Tesla Recalls 1.8 Million Vehicles Over Hood Detachment Risk
Tesla has recalled 1.8 million vehicles across the United States due to a risk of detached hoods, according to the National Highway Traffic Safety Administration (NHTSA). The recall affects select…
Coinbase Denies Allegations of Campaign Finance Law Violations
Coinbase, a leading cryptocurrency exchange, finds itself at the center of controversy concerning a significant political donation. The exchange’s Chief Legal Officer, Paul Grewal, has publicly refuted accusations that Coinbase…
Bybit Suspends Services in France Amid Regulatory Challenges
In a significant development on August 1, Bybit, a popular cryptocurrency exchange, announced its decision to suspend operations in France. This decision comes in response to recent actions and regulatory…
Reddit CEO Demands Microsoft Pay for Data Usage
Reddit’s CEO, Steve Huffman, has publicly demanded that Microsoft and other AI companies compensate Reddit for using its data, which they have been accessing without authorization. In a detailed interview…
Casper Network Resumes Activity After Halting Due to Security Breach
The Casper Network has successfully resumed its operations following a temporary shutdown caused by a security breach. On July 31, at precisely 3:18 pm UTC, a significant step was taken…
India Emerges as Leading Market for Meta AI Usage
Meta’s Chief Financial Officer, Susan Li, highlighted India’s significance as the largest market for Meta AI usage during the company’s second-quarter earnings call. This milestone, achieved just a few months…
Perplexity AI’s New Program to Compensate Publishers for Content
Perplexity AI, a burgeoning AI search engine, is set to share advertising revenue with news publishers when its chatbot cites their content in response to user queries. This initiative appears…
Hashrate Recovery Eases Bitcoin Miners’ Selling Pressure in July
Bitcoin’s price rebound in July has brought some much-needed relief to miners, resulting in a noticeable increase in mining activity and a reduction in selling pressure. A report from CryptoQuant,…
ASML and Tokyo Electron Escape New US Chip Export Restrictions
The United States is set to temporarily exempt semiconductor equipment manufacturers ASML and Tokyo Electron from new export restrictions targeting China. The Biden administration is preparing to implement the Foreign…
Law Commission of England and Wales Suggests New Property Classification for Crypto Assets
The Law Commission of England and Wales, an independent entity responsible for reviewing and recommending reforms in the legal sphere, has made a significant proposal regarding the classification of crypto…
CeFi Entities Account for Over 70% of Crypto Hacking Losses, Reports Cyvers
In the rapidly evolving landscape of cryptocurrency, centralized finance (CeFi) entities have emerged as the primary victims of hacking incidents in 2024. Deddy Lavid, co-founder and CEO of Web3 security…
UK Regulator Probes Google’s Partnership with AI Startup Anthropic
The U.K.’s Competition and Markets Authority (CMA) is investigating Google parent Alphabet’s partnership with artificial intelligence startup Anthropic to determine if it constitutes a “relevant merger situation.” This investigation, part…
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…