DMR News
Advancing Digital Conversations
Samsung Teases Innovative AI-Enhanced Upgrades for New Foldable Phones
In a stylish Parisian hotel, Samsung Electronics‘ mobile chief TM Roh showcased the company’s latest products, including foldable smartphones and the new Galaxy Ring, highlighting Samsung’s strategy to lock customers…
Trump’s Reelection Campaign Receives $3 Million in Cryptocurrency Donations for Q2 2024
Donors to Donald Trump’s reelection campaign have contributed approximately $3 million in cryptocurrency since the candidate announced his acceptance of digital assets. This development reflects a significant shift in Trump’s…
Coinbase UK Incurs $4.5 Million Fine for Onboarding High-Risk Customers
Coinbase’s UK operation, specifically CB Payments Limited (CBPL), part of the Coinbase Group, has been fined $4.5 million by the British Financial Conduct Authority (FCA) for failing to adhere to…
HSBC Australia Implements Restrictions on Payments to Crypto Exchanges Due to Scam Concerns
Starting July 24, 2024, HSBC Australia, a branch of the international banking giant, has initiated a significant policy change by blocking payments to cryptocurrency exchanges. This measure is part of…
NASA Successfully Streams 4K Video to Space Using Laser
NASA has successfully streamed the first-ever 4K video to deep space and back using laser technology. This achievement, made on Wednesday, July 24, marks a significant advancement in space data…
Latvia’s Strategic Economic Shift: Insights from the Minister of Economics on Crypto Regulations and Blockchain Innovations
Situated in Northern Europe, Latvia, with a population of 1.8 million, is positioning itself as a burgeoning leader in digital innovation within the continent. The recent advancement of its “Crypto…
The Crucial Role of Private Sector Expertise in Nigeria’s Blockchain Strategy
As Nigeria prepares to launch a national blockchain platform, insights from key players in the African fintech industry underscore the pivotal role of private sector expertise in the successful implementation…
WhatsApp Reaches 100 Million Monthly Users in the United States
WhatsApp has reached 100 million monthly active users in the United States, as announced by Meta CEO Mark Zuckerberg on Thursday, July 25th. This milestone, while impressive, represents only a…
India Intensifies Efforts to Curb Darknet Drug Transactions Through Enhanced Crypto Surveillance
India’s Narcotics Control Bureau (NCB) is stepping up its monitoring of cryptocurrency transactions linked to drug trafficking on the darknet. This initiative is part of a broader national effort to…
Digital Domain Invests $26M in Hong Kong R&D Center for VFX and AI Video
Digital Domain Holdings, known for its Oscar-winning visual effects in Marvel Studios’ blockbuster films, is establishing a new research and development (R&D) centre at Hong Kong Science Park in Sha…
Google Offers Free Access to Faster Gemini 1.5 Flash AI
Google is enhancing the accessibility and efficiency of its Gemini AI assistant by providing free users with access to its 1.5 Flash AI model. This update allows users to experience…
Qoo10’s Korean Branches Under Investigation for Delayed Merchant Payments
The e-commerce market in South Korea, one of the largest globally, faces new challenges as two major platforms, Ticket Monster (TMON) and WeMakePrice, come under scrutiny. The Fair Trade Commission…
Sygnum Bank Achieves Profitability Following Surge in Crypto Trading Volumes
Sygnum Bank, a Swiss-based crypto bank managing $4.5 billion in client assets, has announced it reached profitability in the first half of 2024, spurred by a dramatic increase in cryptocurrency…
OpenAI Debuts SearchGPT: AI-Powered Search Engine Prototype
OpenAI has unveiled SearchGPT, an AI-powered search engine prototype aimed at delivering timely answers by sourcing information from the web. The launch positions OpenAI as a potential competitor to established…
SMC’s AI Cloud Services Set for Global Expansion, CEO Announces
Singapore-based AI cloud provider Sustainable Metal Cloud (SMC) is preparing for a global expansion, driven by increasing demand for its energy-efficient technology. This move was confirmed by the company’s CEO,…
Hashdex Submits S-1 for ETF Featuring Bitcoin, Ether, and Potentially Additional Cryptocurrencies
Digital asset manager Hashdex has made significant strides toward launching a pioneering exchange-traded fund (ETF) in the United States that combines Bitcoin and Ether, with the potential to include other…
The Evolution of Decentralized Finance: Transitioning Towards ‘NewFi’
As the landscape of decentralized finance (DeFi) evolves, the conversation among investors and industry stakeholders is intensifying, particularly with the burgeoning interest from institutional players. This interest has been catalyzed…
Sonos CEO Apologizes for Troubled App Rollout, Promises Fixes
Sonos has publicly apologized for the problematic rollout of its redesigned mobile app, which has led to significant customer frustration and a series of technical issues. The app, released in…
Thailand to Disburse Digital Money to 45 Million Citizens in Economic Stimulus Effort
In a significant move to boost its economy, Thailand‘s finance minister, Pichai Chunhavajira, has confirmed the implementation of a digital money distribution plan set to benefit up to 45 million…
Amazon’s Bold Move: Developing AI Chips to Outpace Nvidia in Cost and Speed
Inside Amazon.com‘s chip lab in Austin, Texas, a team of engineers was busy testing a new server design on a Friday afternoon. This server, loaded with Amazon’s own artificial intelligence…