DMR News
Advancing Digital Conversations
Bitcoin and Ethereum Drive Record $17.8 Billion in Crypto Inflows
The digital asset investment landscape has experienced a remarkable surge in 2024, with inflows into cryptocurrency investment products reaching a record-breaking $17.8 billion year-to-date (YTD). This substantial capital influx suggests…
Donald Trump Selects Pro-Crypto Senator JD Vance as Vice Presidential Candidate for 2024
In a strategic move shaping the 2024 presidential race, Donald Trump, a prospective Republican candidate, has officially announced Senator JD Vance as his vice-presidential running mate. The announcement, made on…
WhatsApp now enables businesses to send authentication codes to users in India
WhatsApp has officially enabled businesses to send authentication and login codes through its API to users in India. This new feature, launched on July 1, represents a significant step in…
Tesla Pushes Robotaxi Unveiling to October
Tesla has postponed the highly anticipated unveiling of its “robotaxi” design from August 8 to October, according to Bloomberg News. The delay is attributed to the need for additional time…
European Commission Finds X’s Blue Checkmarks Misleading
The European Union has announced that the blue checkmarks on Elon Musk’s platform, X, violate the bloc’s social media laws. These checkmarks, which cost $8 for verification, are seen as…
South Korea’s Ruling Party Suggests Postponing Cryptocurrency Tax Implementation Until 2028
South Korea’s People’s Power Party has recently made headlines with its official proposal to delay the country’s impending cryptocurrency trading profits tax. Initially set to commence on January 1, 2025,…
Nvidia Investors Face a Dilemma: Determining the Right Balance in Their Stock Portfolios
Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers’ returns this year, but the bets stand to magnify risk if the chipmaker’s red-hot shares see a reversal of…
Increased Cryptocurrency-Related Criminal Activities in Australia Lead to Calls for Stricter Regulation
The Australian Transaction Reports and Analysis Centre (AUSTRAC), the nation’s financial intelligence and regulatory body, has recently published its 2024 Money Laundering National Risk Assessment. This comprehensive report highlights an…
Fisker’s Ocean SUV Fire Sale Faces Major Objection
Fisker’s plan to sell its unsold Ocean SUVs to American Lease faces a significant obstacle as the U.S. Trustee’s office opposes the deal. This sale, crucial for keeping Fisker’s bankruptcy…
Google Translate May Soon Be Integrated into WhatsApp
WhatsApp is set to enhance its messaging platform with two new features, according to recent beta updates. The app is working on integrating Google Translate and rolling out a transcription…
OneStream, supported by KKR, aims for a $4.38 billion valuation in upcoming US IPO
OneStream Software, a company supported by private equity firm KKR, is preparing for a significant move in the stock market. The company aims for a valuation of approximately $4.38 billion…
Elon Musk Endorses Donald Trump After Rally Incident in Pennsylvania
Elon Musk, CEO of X (formerly Twitter), has publicly endorsed former President Donald Trump following a shooting incident at a Trump campaign rally in Butler, Pennsylvania. Musk posted his endorsement…
Bitcoin Climbs Back to $62,500 as Markets React to Weekend Incident Involving Trump
Financial markets have exhibited notable fluctuations following the recent attempted attack on former U.S. President Donald Trump, occurring on a Saturday. This event has notably shifted the dynamics within various…
Ethereum Surpasses $3,300, Anticipated ETF Approvals Could Fuel Further Gains
As the financial world stands on the precipice of a significant shift, Ethereum (ETH) has witnessed a remarkable price increase, surpassing the $3,300 mark. This surge comes in anticipation of…
Scammer Returns $9.3 Million in DAI to Victim a Decade After Phishing Attack
In an unexpected turn of events, a phishing scammer has returned nearly $9.3 million to a victim after stealing $24 million from them in a phishing attack last September. This…
Whistleblowers Urge SEC to Probe OpenAI’s NDAs
Whistleblowers have called for an SEC investigation into OpenAI’s NDAs, alleging that the agreements impose illegal restrictions on employees’ ability to communicate with government regulators. The complaint, initially filed in…
Bitcoin Whales Snapped Up $4.3B of BTC Amid Price Slump
Bitcoin whales took full advantage of the crypto market slump earlier this month, accumulating 71,000 Bitcoin amid the fastest rate of Bitcoin stacking since April 2023. Significant Accumulation During Market…
Meta Lifts Restrictions on Trump’s Social Media Accounts Ahead of 2024 Election
Meta has announced that it will no longer impose heightened suspension penalties on former President Donald Trump’s Facebook and Instagram accounts. This decision, effective immediately, aims to ensure all presidential…
Internet Computer Protocol Promotes Blockchain Engagement in Africa
Nigerian youths have been urged to actively engage with blockchain technology to enhance their global competitiveness. Adedayo Adebajo, co-founder of ICP Hub Sahara, emphasized this during the second DecaHack cohort…
Google Reportedly Eyeing Largest Acquisition with Wiz for $23 Billion
Google is reportedly in advanced negotiations to acquire the cybersecurity startup Wiz for $23 billion, marking the tech giant’s largest acquisition to date. The Wall Street Journal reported on Sunday,…