DMR News
Advancing Digital Conversations
Foreign Crypto Miners Could Pose National Security Threats, Warns Senator Elizabeth Warren
United States Senator Elizabeth Warren, known for her critical stance on cryptocurrencies, has once again raised alarms about the potential risks associated with foreign-owned cryptocurrency mining operations in the U.S.…
Apple Ousted from Top 5 in China as Local Smartphone Brands Take Over
Apple has been edged out of the top five smartphone vendors in China during the second quarter, according to a report by Canalys. The tech giant’s market share shrank to…
VanEck Projects Bitcoin Could Reach $2.9 Million Per Coin by 2050
Investment management firm VanEck has projected a significant future value for Bitcoin, estimating that by 2050, the cryptocurrency could achieve a total market capitalization of $61 trillion. This would equate…
GE HealthCare and AWS Join Forces to Develop Generative AI for Medical Applications
On Thursday, July 25, GE HealthCare has announced a collaboration with Amazon Web Services (AWS) to develop generative artificial intelligence (AI) models and applications specifically designed for medical use. This…
Samsung Teases Innovative AI-Enhanced Upgrades for New Foldable Phones
In a stylish Parisian hotel, Samsung Electronics‘ mobile chief TM Roh showcased the company’s latest products, including foldable smartphones and the new Galaxy Ring, highlighting Samsung’s strategy to lock customers…
Trump’s Reelection Campaign Receives $3 Million in Cryptocurrency Donations for Q2 2024
Donors to Donald Trump’s reelection campaign have contributed approximately $3 million in cryptocurrency since the candidate announced his acceptance of digital assets. This development reflects a significant shift in Trump’s…
Coinbase UK Incurs $4.5 Million Fine for Onboarding High-Risk Customers
Coinbase’s UK operation, specifically CB Payments Limited (CBPL), part of the Coinbase Group, has been fined $4.5 million by the British Financial Conduct Authority (FCA) for failing to adhere to…
HSBC Australia Implements Restrictions on Payments to Crypto Exchanges Due to Scam Concerns
Starting July 24, 2024, HSBC Australia, a branch of the international banking giant, has initiated a significant policy change by blocking payments to cryptocurrency exchanges. This measure is part of…
NASA Successfully Streams 4K Video to Space Using Laser
NASA has successfully streamed the first-ever 4K video to deep space and back using laser technology. This achievement, made on Wednesday, July 24, marks a significant advancement in space data…
Latvia’s Strategic Economic Shift: Insights from the Minister of Economics on Crypto Regulations and Blockchain Innovations
Situated in Northern Europe, Latvia, with a population of 1.8 million, is positioning itself as a burgeoning leader in digital innovation within the continent. The recent advancement of its “Crypto…
The Crucial Role of Private Sector Expertise in Nigeria’s Blockchain Strategy
As Nigeria prepares to launch a national blockchain platform, insights from key players in the African fintech industry underscore the pivotal role of private sector expertise in the successful implementation…
WhatsApp Reaches 100 Million Monthly Users in the United States
WhatsApp has reached 100 million monthly active users in the United States, as announced by Meta CEO Mark Zuckerberg on Thursday, July 25th. This milestone, while impressive, represents only a…
India Intensifies Efforts to Curb Darknet Drug Transactions Through Enhanced Crypto Surveillance
India’s Narcotics Control Bureau (NCB) is stepping up its monitoring of cryptocurrency transactions linked to drug trafficking on the darknet. This initiative is part of a broader national effort to…
Digital Domain Invests $26M in Hong Kong R&D Center for VFX and AI Video
Digital Domain Holdings, known for its Oscar-winning visual effects in Marvel Studios’ blockbuster films, is establishing a new research and development (R&D) centre at Hong Kong Science Park in Sha…
Google Offers Free Access to Faster Gemini 1.5 Flash AI
Google is enhancing the accessibility and efficiency of its Gemini AI assistant by providing free users with access to its 1.5 Flash AI model. This update allows users to experience…
Qoo10’s Korean Branches Under Investigation for Delayed Merchant Payments
The e-commerce market in South Korea, one of the largest globally, faces new challenges as two major platforms, Ticket Monster (TMON) and WeMakePrice, come under scrutiny. The Fair Trade Commission…
Sygnum Bank Achieves Profitability Following Surge in Crypto Trading Volumes
Sygnum Bank, a Swiss-based crypto bank managing $4.5 billion in client assets, has announced it reached profitability in the first half of 2024, spurred by a dramatic increase in cryptocurrency…
OpenAI Debuts SearchGPT: AI-Powered Search Engine Prototype
OpenAI has unveiled SearchGPT, an AI-powered search engine prototype aimed at delivering timely answers by sourcing information from the web. The launch positions OpenAI as a potential competitor to established…
SMC’s AI Cloud Services Set for Global Expansion, CEO Announces
Singapore-based AI cloud provider Sustainable Metal Cloud (SMC) is preparing for a global expansion, driven by increasing demand for its energy-efficient technology. This move was confirmed by the company’s CEO,…
Hashdex Submits S-1 for ETF Featuring Bitcoin, Ether, and Potentially Additional Cryptocurrencies
Digital asset manager Hashdex has made significant strides toward launching a pioneering exchange-traded fund (ETF) in the United States that combines Bitcoin and Ether, with the potential to include other…