DMR News
Advancing Digital Conversations
Crypto.com Outstrips Coinbase in Trading Volume Due to Rising Institutional Interest
Crypto.com has recently overtaken Coinbase in terms of trading volume, marking a significant achievement for the centralized crypto exchange (CEX). According to the latest data from Messari, Crypto.com recorded a…
Nigerian Cryptocurrency Advocates Demand Regulatory Reforms During Protests
Amidst the ongoing #EndBadGovernanceInNigeria protests, the Nigerian cryptocurrency community is advocating for the inclusion of specific industry demands. The movement, aimed at addressing a wide range of governance issues, presents…
EU Regulator Flags Risks with Offshore Crypto Operations Under MiCA Regulation
The European Securities and Markets Authority (ESMA), the key regulator for the EU’s financial markets, has recently issued a detailed Opinion to highlight the risks associated with global crypto firms…
Hong Kong’s Largest Online Broker Launches Bitcoin and Ether Trading for 22 Million Users
Futu Securities International, Hong Kong’s largest online brokerage, has expanded its offerings by launching cryptocurrency trading for its 22 million customers. As of July 23, users based in Hong Kong…
23andMe CEO Anne Wojcicki Proposes Buyout to Take Company Private
23andMe CEO Anne Wojcicki has proposed taking the genetic testing company private, as the stock price remains below $1. According to a recent filing with the U.S. Securities and Exchange…
Trump Campaign Reports $137 Million Raised in July, Falling Short of Harris’ First-Week Total
On Thursday, the campaign for Republican former President Donald Trump and its affiliated entities revealed that they raised $138.7 million in July. This amount is notably less than the fundraising…
Samsung Gains AI Market Share as SK Hynix Stumbles
Asian chip stock leadership is undergoing a significant shift. South Korean memory maker SK Hynix Inc is seeing its substantial gains for the year wane due to a global rotation…
South Korean Crypto Exchanges Face Unexpected Supervisory Fees
In a notable shift for South Korea‘s cryptocurrency industry, major cryptocurrency exchanges such as Upbit, Bithumb, and Coinone will now be subject to supervisory fees under the newly implemented Virtual…
Telegram Launches In-App Browser Supporting Decentralized Websites
On July 31, Telegram, the popular crypto-friendly social messaging platform, unveiled a new in-app browser that supports decentralized websites. Known as “TON Sites,” these sites are now accessible to users…
Nvidia’s AI Chip Dominance Triggers Antitrust Probe Calls
Nvidia is facing calls for an antitrust investigation from Sen. Elizabeth Warren, D-Mass., and several progressive groups over its dominance in the AI chip market. Controlling about 80% of the…
Meta’s Reality Labs Unit Reports $4.5 Billion Loss in Q2
Meta’s Reality Labs unit, which focuses on the company’s metaverse technologies, reported a substantial operating loss of $4.48 billion for the second quarter. The Reality Labs division, which includes products…
Former CNN Anchor Don Lemon Sues Elon Musk and X Over Cancelled Show
Former CNN anchor Don Lemon has filed a lawsuit against Elon Musk and X Corp, the social media platform formerly known as Twitter, alleging fraud and breach of contract after…
Arm’s Guidance Triggers 7% Decline in Semiconductor Index
U.S. chip stocks experienced their worst day since 2020 on Thursday, with a significant drop triggered by a conservative forecast from Arm Holdings, which dampened investor optimism about artificial intelligence…
Bybit Unveils Indian Digital Rupee CBDC Payment Option
Cryptocurrency exchange Bybit has announced the integration of digital rupee payments into its platform. This development marks the inclusion of the Indian central bank digital currency (CBDC), aimed at enhancing…
Apple Leverages AI for iPhone Upgrades as China Sales Lag
Apple reported better-than-expected third-quarter iPhone sales and forecast further gains, betting on artificial intelligence to attract buyers despite disappointing overall performance in China. Following the announcement, Apple’s shares rose nearly…
Senator Lummis Introduces Bitcoin Strategic Reserve Bill in Senate
On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, a legislative proposal aimed at establishing a reserve fund for Bitcoin, a scarce decentralized asset. The bill…
Biden Adviser Involved in Crypto Discussions to Join Harris-Supporting Super PAC
Anita Dunn, a senior adviser to President Joe Biden, is reportedly on her way out of the White House to join a political action committee (PAC) that supports Vice President…
Wisconsin Introduces New Tracker to Combat Cryptocurrency Fraud and Investment Scams
The Wisconsin Department of Financial Institutions (DFI) has taken a significant step forward in the fight against financial fraud by launching a publicly accessible investment scam tracker. This innovative tool…
Uber’s New Deal with BYD to Bring Electric Cars to Europe and Latin America
Uber and BYD have announced a significant multi-year strategic partnership that will see 100,000 BYD electric vehicles added to Uber’s ride-hailing platform, starting in Europe and Latin America. The partnership,…
Crypto Scams Persist in China Despite Ban, Shaanxi Police Detain Four Suspects
Mainland China, recognized as one of the most stringent jurisdictions regarding cryptocurrency regulation, continues to grapple with investment scams despite a comprehensive ban on most crypto activities. This ongoing issue…