DMR News
Advancing Digital Conversations
Aptos Labs Enters Japan Through HashPalette Acquisition
Aptos Labs, the developer behind the Aptos Network, has taken a significant step to expand its presence in Asia by signing an agreement to acquire HashPalette, a Japanese non-fungible token…
Coinbase Pushes CFTC for Documents to Defend Against SEC
Coinbase has filed a petition in federal court seeking to compel the Commodity Futures Trading Commission (CFTC) to provide communication records with several crypto token issuers. This request is crucial…
Sora Co-Lead Leaves OpenAI for Google DeepMind
Tim Brooks, co-lead on OpenAI’s video generation project Sora, has left the company to join Google DeepMind, Google’s AI research division. Brooks, who had been co-leading the development of Sora…
Nvidia’s Blackwell Chip Faces Unprecedented Demand, Says CEO Jensen Huang
Nvidia CEO Jensen Huang has described the demand for the company’s upcoming Blackwell artificial intelligence chip as “insane.” In an interview with CNBC’s “Closing Bell Overtime,” Huang noted that every…
Court Revives 2020 AT&T Case Over $24M Crypto Theft via SIM Swap
AT&T is set to return to court facing charges related to its failure to protect user information, following an appeal that overturned part of a summary judgment in the company’s…
Nvidia Unveils New AI Model That Rivals GPT-4 in Both Vision and Language Tasks
Nvidia has introduced a groundbreaking open-source artificial intelligence model, poised to rival industry-leading systems like OpenAI’s GPT-4. This new development, named the NVLM 1.0 family, is headlined by the NVLM-D-72B,…
BTC Whales Not in Sufficient Profit to Dump on Market
An analysis of the Bitcoin unrealized profit ratio comparing new and old whales indicates that large Bitcoin holders have not yet realized enough profits to justify selling their significant holdings…
Facebook Tackles Celebrity Deepfake Scams After $43 Million Lost by Australians
Facebook has ramped up efforts to tackle celebrity deepfake scams in Australia after Australians lost $43 million to such schemes. Meta introduced a Fraud Intelligence Reciprocal Exchange (FIRE) tool in…
UK City Minister Advocates for Blockchain-Based Gilts Despite Government Concerns
Tulip Siddiq, the United Kingdom’s city minister, is advocating for the introduction of blockchain-based gilts, a form of government bond issued using blockchain technology. This initiative aims to modernize the…
Tesla and Chinese Automakers Face Increased EU Tariffs on EV Imports
The European Commission plans to impose additional tariffs on electric vehicles (EVs) imported from China, in response to an anti-subsidy investigation. These tariffs, set to supplement the EU’s standard 10%…
Prime Video Viewers Will See More Ads Next Year
Amazon will soon increase the number of ads on its Prime Video streaming service, starting early next year. According to a report from the Financial Times, this move is part…
KKR Explores Potential Takeover Bid for Chip Equipment Maker ASMPT
U.S. private equity firm KKR is reportedly considering a takeover bid for ASMPT, a Hong Kong-listed chip equipment maker. The report, initially shared by Bloomberg News, cites sources familiar with…
Australian Federal Police ‘Decipher’ Seed Phrase to Access Suspect’s $6.4 Million in Cryptocurrency
The Australian Federal Police (AFP) recently announced that they successfully “deciphered” a seed phrase, allowing them to access $6.4 million (approximately 9.3 million Australian dollars) in cryptocurrency linked to a…
Bitcoin ETFs Experience Largest Outflow in a Month Amid Rising Middle East Tensions
Institutional investors appear to be reacting to escalating tensions in the Middle East, leading to significant outflows from United States spot Bitcoin exchange-traded funds (ETFs). On October 1, these ETFs…
Nintendo Opens New Museum in Kyoto Celebrating 135 Years
Nintendo has launched a new museum in Kyoto, showcasing 135 years of history, from its beginnings as a playing card company to its current status as a global entertainment powerhouse.…
Over 80% of 2022 Crypto Startups Remain Active Despite Market Chaos
A recent report from venture capital firm Lattice Fund reveals that more than 80% of early-stage startups that raised funds in 2022 are still operational, despite the tumultuous landscape of…
China Invests Over $100 Billion in Overseas Clean Energy Projects, Research Finds
Chinese firms have invested over $100 billion in overseas clean energy technology projects since 2023, according to research from Australian group Climate Energy Finance (CEF). The substantial investments aim to…
Geopolitical Tensions, US Elections Favor Bitcoin ‘Debasement Trade’
Investors are increasingly turning to gold and Bitcoin in what is being termed a “debasement trade,” as they brace for a potential “catastrophic scenario” amid rising geopolitical tensions. This insight…
Bank of America Customers See $0 Balances Amid Nationwide Outage
Thousands of Bank of America customers experienced significant service disruptions on October 2, reporting network outages that prevented them from accessing their bank accounts. Many users were alarmed to find…
Nio and Monolith Join Forces for Real-Time AI Testing of EV Batteries
Nio has partnered with Monolith, a UK-based artificial intelligence software startup, to enhance real-time testing and improvement of electric vehicle (EV) battery packs. Leveraging Nio’s battery swapping service in Europe,…