DMR News
Advancing Digital Conversations
FTX Sets Claim Window Prices for Major Cryptocurrencies Below Market Rates
FTX, the cryptocurrency exchange undergoing bankruptcy proceedings, has initiated a claims process with valuation figures for significant digital assets like Bitcoin, Ether, Solana, and BNB considerably lower than their prevailing…
Lapse Raises $30 Million to Revive the Charm of Old-School Photography
In the digital age where analogue cameras have become a pricey hobby, a startup named Lapse is offering a nostalgic yet innovative solution. Lapse has developed an app that mimics…
The rivalry between Apple and Meta intensifies following the launch of the Apple Vision Pro.
In the rapidly evolving world of virtual and augmented reality, two tech behemoths, Apple and Meta, are vying for supremacy. With the introduction of Apple’s Vision Pro and Meta’s Quest…
Chainlink’s Sergey Nazarov Highlights Global Financial System’s Entry into Crypto as New Market Drivers
In an enlightening conversation with Bloomberg on February 28, Chainlink’s founder, Sergey Nazarov, shed light on the distinctiveness of the current cryptocurrency market cycle. He pinpointed the diversity and volume…
The Vision Pro’s Repairability Could Cost Consumers More than Its Price Tag
Apple’s introduction of the Vision Pro has sparked significant discussions in the tech community, particularly regarding its repairability—or lack thereof. This issue has been a longstanding point of contention between…
2023 Witnesses Uptick in Cryptocurrency Crimes via Darknet Markets, Chainalysis Reports $1.7 Billion in Earnings
The cryptocurrency sector remains under the shadow of cybercriminal activities, with darknet markets identified as a significant contributor to the industry’s illicit revenue streams in 2023. The latest findings from…
Change Healthcare Launches New E-Prescription Service After Cyberattack
Change Healthcare has announced the successful deployment of a new electronic prescription service. This initiative, launched on March 1st, aims to alleviate some of the operational strains faced by pharmacies…
Wall Street Searches for Additional AI Opportunities Following Nvidia’s Remarkable Surge
The recent surge in interest for artificial intelligence (AI) within the stock market has seen investors and money managers eagerly seeking opportunities to benefit from this technological revolution. Nvidia, a…
Seneca DeFi Platform Suffers $6.4 Million Security Breach
The decentralized finance (DeFi) ecosystem witnessed yet another setback as the lending platform and stablecoin issuer Seneca Protocol fell victim to a cyber exploit, confirmed via an official announcement on…
Epic Games, Spotify and Others Urge EU to Address Apple’s Controversial DMA Compliance
Epic Games, Spotify, Proton, and 37signals, have publicly criticized Apple’s approach to the European Union’s Digital Markets Act (DMA). The DMA, a landmark regulation by the EU, aims to ensure…
Ideogram, a competitor to Midjourney, secures $80 million in Series A funding spearheaded by Andreessen Horowitz
In a significant move within the tech and AI sectors, Andreessen Horowitz, a leading venture capital firm also known as a16z, has announced an increased investment in Ideogram, a burgeoning…
Anticipation of a Larger Surge in Bitcoin ETFs: Insights from Bitwise
The introduction of spot Bitcoin exchange-traded funds (ETFs) marks a pivotal moment in the financial sector, with Bitwise projecting an unprecedented influx of institutional capital into the market in the…
Elon Musk Files Lawsuit Against OpenAI and Leadership for Deviating from Nonprofit Mission
Elon Musk, the visionary entrepreneur behind ventures such as SpaceX and Tesla, has initiated a lawsuit against OpenAI, the AI research lab he co-founded, including its co-founders Sam Altman and…
Zacua Ventures has unveiled a fresh $56 million fund aimed at supporting construction technology advancements.
In an industry often criticized for its sluggish adaptation to technological advancements, a beacon of innovation emerges. Zacua Ventures, a venture capital firm underpinned by the financial and operational support…
Hong Kong Ceases License Applications for Cryptocurrency Exchanges
In a significant regulatory shift, as of February 29, Hong Kong has announced the cessation of accepting license applications from cryptocurrency exchanges. This development heralds a new era of compliance…
Bumble Seeks to Revive its BFF Platform Amid A Dating App Slump
Bumble, the renowned dating app creator, is embarking on a strategic transformation to rejuvenate its Bumble BFF platform, a segment dedicated to fostering platonic relationships. This shift comes in the…
Intel identifies AI potential in a dedicated, programmable chip division
In a significant development from the tech giant, Intel‘s programmable chip unit has officially commenced operations as a separate entity at the start of this year. The division, now named…
Central Bank of Nigeria Expresses Concerns Over Binance Amidst Regulatory Scrutiny
In a recent development that has caught the attention of both national and international observers, Binance, the world’s largest cryptocurrency exchange, has come under increased scrutiny from Nigerian authorities. The…
Waymo Gains Approval to Launch Paid Robotaxi Service in Los Angeles and San Francisco
Waymo, the autonomous vehicle division of Alphabet Inc., has received the green light from the California Public Utilities Commission (CPUC) to begin charging for its robotaxi services within Los Angeles,…
Bfree, a Nigerian tech startup that promotes ethical debt recovery, secures $3M in funding
In the bustling tech landscape of Nigeria, Bfree stands out as a beacon of innovation and ethical practice in the debt collection industry. Founded with the vision to revamp the…