DMR News
Advancing Digital Conversations
South Korean Research Institute Advises Caution on Crypto ETFs
The Korea Institute of Finance, a prominent think tank focused on financial and economic analysis in South Korea, has voiced concerns about the potential risks associated with the introduction of…
Justice Department Convicts Five in Large-Scale Illegal Streaming Operation
The U.S. Department of Justice, along with the Federal Bureau of Investigation’s Washington DC field office, has announced the conviction of five men involved in the operation of Jetflicks, an…
Japan’s Metaplanet Announces 1 Billion Yen Bond Sale to Acquire More Bitcoin
Tokyo-based investment and consulting firm Metaplanet has unveiled plans to issue bonds worth 1 billion yen (approximately $6.26 million) to fund the purchase of Bitcoin. This decision reflects the company’s…
India’s Zyod secures a huge $18M to expand tech-fashion globally.
Zyod, an innovative Indian startup, is revolutionizing the global fashion industry with its advanced tech platform designed to streamline the entire design-to-delivery process for fashion brands worldwide. The Gurugram-based company…
Ethereum Might Drop 30% Following Spot ETH ETFs Launch, Warns Crypto Venture Capitalist
Ethereum’s value could see a significant drop to around $2,400 following the launch of spot Ether exchange-traded funds (ETFs), according to Andrew Kang, a founder and partner at Mechanism Capital,…
Apple Considers Integrating Meta’s AI into Its Devices
Apple is discussing the possibility of integrating Meta Platforms’ generative AI model into its own AI system, Apple Intelligence. This discussion marks a significant step as Apple aims to enhance…
Binance Aids BtcTurk in Cyberattack Investigation, Freezes $5.3 Million in Stolen Funds
Cryptocurrency exchange Binance has reportedly stepped in to assist Turkish crypto exchange BtcTurk in investigating a recent cyberattack that compromised millions of dollars in digital assets. Binance CEO Richard Teng…
U.S. Moves Toward Restricting Investments in China’s AI and Technology Sectors
On June 21, the U.S. Treasury Department issued draft rules aimed at curtailing or requiring notification of investments by U.S. entities in China’s artificial intelligence (AI) and other sensitive technology…
Crafting successful creator partnerships to maximize impact.
In the ever-evolving landscape of marketing, creator partnerships stand out as a beacon of innovation and effectiveness for brands. By collaborating with creators, brands can tap into new audiences in…
Apple Delays AI Product Launch in EU Due to DMA Compliance Issues
Apple has announced that it will not launch its new “Apple Intelligence” AI product, along with three other features, in the European Union in 2024. The decision stems from concerns…
Nvidia, despite briefly surpassing Apple and Microsoft in market cap, stays relatively unknown
In the latest report by consulting firm Interbrand, tech giants Apple, Microsoft, Amazon, and Google claimed the top positions as the world’s leading global brands at the end of 2023.…
China Urges EU to Drop Planned Tariffs and Follow WTO Rules, State Media Reports
In a recent development, China has called on the European Union (EU) to retract its provisional decision to impose significant tariffs on Chinese electric vehicles (EVs). The appeal follows an…
Hacker Claims Breach of Apple Systems Following Recent AMD Cyberattack
Data breaches are becoming increasingly common in today’s digital landscape. However, when major corporations like Apple become targets, the stakes are dramatically elevated, raising serious concerns about the security of…
Hong Kong Seeks Global Input on Shaping the Future of Web3 and Digital Assets
Hong Kong’s Legislative Council member Johnny NG Kit-Chong announced that the council is actively seeking insights from global industry leaders to formulate policy recommendations and guide discussions on the future…
Snap Settles California Lawsuit for $15 Million Over Gender Discrimination Claims
Snap Inc. has consented to pay $15 million to settle allegations of discrimination, harassment, and retaliation against female employees, as announced by the California Civil Rights Department (CRD). This settlement…
Blockchain Advocacy Group Voices Privacy Concerns Over IRS’s Proposed Crypto Tax Form
The Chamber of Digital Commerce, a prominent trade association within the blockchain sector, has recently provided comprehensive feedback on the United States Internal Revenue Service’s (IRS) proposed Form 1099-DA. This…
Huawei Mobile Device Sales Near One Billion Mark Amid Intensifying Rivalry with Apple
Huawei Technologies Co. is on the verge of achieving a significant milestone: nearly one billion active consumer devices. This progress highlights the US-sanctioned company’s aggressive push to rival Apple Inc.…
KL’s Apple Store Opening Free Tote Bags Fetching High Prices Online
The grand opening of Malaysia’s first Apple Store at The Exchange TRX mall in Kuala Lumpur on June 22 has sparked a new trend, with attendees capitalizing on the exclusive…
Rapper 50 Cent Alleges Hack of X Account to Push Cryptocurrency Scam
Curtis James Jackson III, globally known as the rapper “50 Cent,” recently revealed that his X account and website were compromised in a cyberattack. This incident saw hackers leveraging his…
Bitcoin Miners Managing Pressures Without Resorting to Extensive Sell-Offs
Despite the rising operational costs and diminishing rewards, Bitcoin miners are not facing a catastrophic situation. Glassnode’s lead analyst James Check, also known by his handle “Checkmatey,” recently shared insights…