DMR News
Advancing Digital Conversations
Hong Kong Court Mandates Financial Disclosures Amid Mantra Chain Controversy
In a significant legal development, the High Court of Hong Kong has ordered the disclosure of financial operations within Mantra Chain amidst an ongoing dispute involving Mantra DAO, Inc., its…
Grayscale Initiates Investment Fund for MakerDAO Governance Token
On August 13, Grayscale Investments, the world’s leading cryptocurrency asset manager, announced the launch of a new investment fund targeting MakerDAO’s governance token, MKR. This development underscores Grayscale’s ongoing efforts…
Activation of Mt. Gox’s Suspected $2.1 Billion BTC Wallet Managed by Bitgo
A significant movement has been detected in a Bitcoin wallet associated with the defunct cryptocurrency exchange, Mt. Gox. This wallet, suspected to be managed by Bitgo, initiated a test transaction…
Singapore’s Syfe Secures $27M to Accelerate Growth in Key Markets
Singapore-based investment platform Syfe has secured $27 million in a Series C funding round to accelerate its growth across the Asia Pacific region, focusing on expanding its services in Singapore,…
CIRO Highlights Investor Protection in Canadian Stablecoin Regulations
At the Blockchain Futurist Conference in Toronto on August 13, Suzanne Lasrado, Vice President of Member Services and Innovation at the Canadian Investment Regulatory Organization (CIRO), discussed the stringent requirements…
ASIC Takes Legal Action Against ASX for Misleading Statements About Its Blockchain Project
The Australian Securities and Investments Commission (ASIC) has initiated a lawsuit against the Australian Securities Exchange (ASX), the nation’s primary stock exchange, in Federal Court. The legal action stems from…
Safari, Chrome, Firefox Vulnerable to New Security Threat
A critical security flaw has been identified in three of the most widely used web browsers—Apple’s Safari, Google’s Chrome, and Mozilla’s Firefox—posing a significant risk of data breaches. The vulnerability,…
Google Introduces AI-Powered Features at Made by Google 2024 Event
Google’s recent Made by Google 2024 event introduced several AI-driven features for its Pixel 9 devices, though some of these innovations might have flown under the radar amidst the numerous…
Made by Google 2024: New Pixel 9 Phones, AI-Powered Features, and More
Google’s Made by Google 2024 event has wrapped up, bringing a slew of announcements that emphasize the company’s focus on AI integration across its devices and services. This year’s event,…
Texas Judge Who Owns Tesla Shares Recuses from X’s Advertiser Case
U.S. District Judge Reed O’Connor has stepped down from overseeing X’s antitrust lawsuit against several major advertisers, just days after a report revealed that he owns stock in Tesla, the…
New York Financial Authority Seeks Specialist for Crypto and AI Policy Development
The New York State Department of Financial Services (NYSDFS) is actively searching for a specialist to enhance its approach to the ever-evolving fields of cryptocurrencies, decentralized finance (DeFi), and artificial…
Apple Wins Confidentiality Battle in India’s Antitrust Case
India’s antitrust authority, the Competition Commission of India (CCI), has taken the rare step of recalling two investigative reports concerning Apple’s alleged breaches of competition law. This move follows a…
Vice President Kamala Harris Likely to Extend Biden’s Strict Cryptocurrency Policies
Vice President Kamala Harris appears set to perpetuate the Biden administration’s firm regulatory approach to cryptocurrencies. With her recent selection of economic advisers, Harris indicates a continuation of a stringent…
Canadian Cryptocurrency Exchange Misused $9.5 Million in Bitcoin and Ether
The Canadian cryptocurrency trading platform, ezBtc, and its founder, David Smillie, are at the center of a significant scandal involving the misappropriation of approximately 13 million Canadian dollars ($9.5 million)…
Score, the Dating App Focused on Credit Health, Shuts Down After Six Months
Score, a dating app designed for individuals with good to excellent credit, officially shut down in early August, according to the company’s confirmation to TechCrunch. Initially launched as a temporary,…
Reliance, Disney Seek Faster Merger Approval with Channel Sales in India
Reliance Industries and Walt Disney have reportedly offered to sell a portion of their television channels to expedite antitrust approval for their proposed $8.5 billion merger of media assets in…
TikTok Introduces Group Chats and Custom Stickers in DMs
TikTok is expanding its platform by introducing group chats, a feature that allows users to engage in conversations with up to 32 people directly within the app. This new functionality,…
SEC Files Fraud Charges Against Novatech, Founders, and Promoters
The U.S. Securities and Exchange Commission (SEC) has initiated formal charges against the cryptocurrency investment platform Novatech, its founders Cynthia and Eddy Petion, and several of its promoters, for orchestrating…
Intel Reduces Arm Holdings Investment, Raises $146.7 Million
Intel sold its 1.18 million share stake in British chip designer Arm Holdings during the second quarter, according to a regulatory filing on Tuesday. This sale would have generated approximately…
Trump and Musk’s Live Stream on X Crashes
Elon Musk’s highly anticipated live interview with former President Donald Trump on X Spaces faced significant technical challenges, leading to a delayed start and widespread frustration among users. The event,…