DMR News
Advancing Digital Conversations
Revised Ether ETF Proposals Submitted by Asset Managers Targeting July Introduction
Several prominent asset managers have recently updated their proposals for Ethereum exchange-traded funds (ETFs), signaling a significant move in the crypto investment space. On June 21, leading firms including VanEck,…
ByteDance Collaborates with Broadcom on Advanced AI Chip Development
June 24, 2024 – Beijing: In a strategic move to secure its position in the competitive AI landscape, ByteDance, the parent company of TikTok, is collaborating with U.S. chip designer…
Blockchain Association Challenges IRS on New Broker Regulations
The Blockchain Association has reiterated its concerns over the Internal Revenue Service’s (IRS) proposed rules for broker-dealers, emphasizing the excessive burdens these rules would place on investors, cryptocurrency companies, and…
Nigeria’s SEC Introduces Updated Regulations and Compliance Measures for Digital Assets
The Nigerian Securities and Exchange Commission (SEC) has recently announced significant amendments to its rules concerning the issuance, offering platforms, exchange, and custody of digital assets. This move aims to…
Amazon Takes Major Step to Eliminate Plastic Pillows from Packaging
Amazon has announced a significant environmental initiative aimed at reducing its plastic usage in packaging by phasing out the use of plastic air pillows. As of now, the e-commerce giant…
Intel’s Innovative Lunar Lake CPUs Progressing as Planned
Santa Clara, CA – In the ever-evolving world of processors, Intel’s upcoming Lunar Lake CPUs have become a focal point for technology enthusiasts and industry watchers. Rumors of delays have…
TikTok Mounts First Amendment Challenge Against US Ban Law
TikTok has initiated a challenge against a new U.S. law that potentially bans the social media platform, arguing that it violates the First Amendment. The company has presented hundreds of…
Chinese Automakers Embrace Livestreaming to Refresh Industry Image
In a dramatic shift spurred by the fierce competition in China’s automotive sector, veteran executives from established car companies are increasingly turning to livestreaming to promote sales. This trend highlights…
Binance Integrates USDT on TON, Enhancing Transaction Accessibility
Binance recently announced a significant milestone in its operational strategy by integrating Tether’s USDT token onto The Open Network (TON), signaling expanded options for stablecoin liquidity within its ecosystem. This…
Gemini’s Initiative: Supporting Pro-Crypto Candidates Ahead of the Presidential Election
Gemini Exchange has launched a campaign finance project aimed at facilitating campaign contributions to candidates supportive of the cryptocurrency industry in the United States. This initiative comes amid increasing political…
Nonprofit’s Critique of Tether in Extensive Ad Campaign
Consumer’s Protection, a longstanding California nonprofit organization, has launched a substantial multimillion-dollar advertising initiative aimed at scrutinizing Tether’s business practices. The campaign utilizes various media platforms, including television spots, billboards,…
Italian Government to Increase Crypto Market Surveillance
Italy is preparing to intensify its oversight of the cryptocurrency markets in compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This move aims to crack down on…
Mirror World CEO on Building Solana Game Engine After $12M Raise
Despite the surging popularity of blockchain technology, Chris Zhu, CEO of Mirror World, points out significant infrastructure challenges for game developers on Solana. In an interview with Cointelegraph, Zhu highlighted…
Japanese Exchange BitFlyer Acquires FTX Japan
BitFlyer Holdings has announced its acquisition of FTX Japan, the Japanese arm of the defunct crypto trading platform FTX, with plans to rebrand it as New Custody Company. This move…
U.S. Imposes Ban on Kaspersky Software
The U.S. government, through the Commerce Department’s Bureau of Industry and Security, has issued a ban on the sale of Kaspersky antivirus software, effective from July 20. This measure is…
Farmers Profit from Water Savings with Kilimo’s Help
Kilimo, a startup focused on optimizing water usage in agriculture, has developed a method that not only conserves water but also financially rewards farmers who reduce their water consumption. According…
New York Implements Ban on ‘Addictive Feeds’ for Teens
New York has enacted new legislation aimed at curbing the potential harms associated with social media usage among minors. Governor Kathy Hochul signed the Stop Addictive Feeds Exploitation (SAFE) for…
California Governor Aims to Ban Smartphones in Schools
California Governor Gavin Newsom has committed to implementing restrictions on smartphone use in schools, with the goal of enhancing educational focus by reducing digital distractions. In a statement on Tuesday,…
Apple’s Vision Pro Team Reportedly Working on Lower-Cost Headset
Apple’s current strategic direction appears to pivot from its high-end Vision Pro VR headset towards the development of a more cost-effective model, in response to underwhelming sales figures for the…
Fisker Joins Growing List of Bankrupt Electric Vehicle Companies
Fisker, the US-based electric vehicle (EV) startup, has declared bankruptcy, joining the growing list of EV companies grappling with financial difficulties. The company filed for Chapter 11 protections on June…