DMR News
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California Resident Files Lawsuit Against 3 Asia-Based Banks Over $1M Crypto Scam
A California resident has filed a lawsuit against three Asia-based banks, accusing them of neglecting necessary checks that could have prevented crypto scammers from defrauding him of nearly $1 million.…
Japanese Chipmakers Prepare for a New Era of Semiconductor Production
The Japanese semiconductor industry, once a global leader, is taking decisive steps to regain its competitive edge. Amid the increasing demand for advanced chips fueled by generative artificial intelligence and…
New Code Fuels Rumors X Payments Launch May Be Imminent
A recent leak of the latest software code behind Elon Musk’s X platform has ignited speculation that the highly anticipated payments system, X Money, could be launching soon. The leak…
Tesla’s Annual Deliveries Decline for the First Time
Tesla, the leading name in electric vehicles, has reported its first-ever year-over-year decline in annual deliveries, sparking concerns about the company’s performance in an increasingly competitive market. The automaker delivered…
Telegram Adds Third-Party Verification and Search Filters to Boost Security
Telegram is rolling out a third-party verification system that aims to reduce scams and misinformation across its platform. The update lets verified organizations assign custom icons to accounts and chats,…
USDC Market Cap Jumps 80% from 2023 Lows as Onchain Activity Surges
The circulating supply of Circle’s USD Coin (USDC) has seen a significant surge, rising 80% from its cyclical lows, as onchain activity continues to pick up momentum. According to data…
Morgan Stanley Considers Adding Crypto Trading to E-Trade Platform
Morgan Stanley, one of the largest asset management firms in the world, is reportedly considering adding cryptocurrency trading to its E-Trade online brokerage platform. According to a January 2 report…
China Becomes a Bright Spot for Tesla Amid Global Sales Dip
Tesla reported record-breaking sales in China for 2024, marking an 8.8% increase to over 657,000 vehicles sold in its second-largest market. This performance stands in contrast to the company’s first-ever…
China’s Military States AI Cannot Replace Human Judgment on the Battlefield
China’s military has issued a clear warning against relying solely on artificial intelligence in warfare, emphasizing the irreplaceable role of human decision-making. In an article published in People’s Liberation Army…
KuCoin Launches New Point-of-Sale System to Enable Crypto Payments for Businesses
KuCoin, one of the world’s largest cryptocurrency exchanges, has introduced a new point-of-sale (PoS) system that enables its users to make payments using their exchange balances. This new feature, known…
Apple Settles Siri Privacy Lawsuit for $95 Million
Apple has agreed to pay $95 million to settle a class action lawsuit alleging that its Siri voice assistant inadvertently recorded private conversations. The settlement, which requires approval from US…
Celsius Challenges Court’s Rejection of $444M Claim in FTX Litigation
The defunct cryptocurrency lending platform Celsius has initiated an appeal against a judicial order that rejected its substantial financial claims in its bankruptcy proceedings. This move follows Judge John T.…
China Proposes Export Curbs on Key Battery and Mineral Technologies
China’s Ministry of Commerce has unveiled a proposal to tighten export restrictions on key technologies for processing critical minerals like lithium and gallium, essential in battery production. The announcement, detailed…
Nick Clegg Steps Down from Meta After Seven Years
Nick Clegg, Meta’s president of global affairs and a prominent voice in shaping the company’s policies, has announced his departure after seven years. Clegg shared the news on X and…
Binance Achieves 21st International Crypto License with Brazilian Authorization
Binance, the world’s foremost cryptocurrency exchange, has obtained its 21st international regulatory approval, this time from Banco Central do Brasil (BCB), the central bank of Brazil. This authorization is a…
Mexico Imposes New Tariffs That Could Affect E-Tailers Like Shein and Temu
Mexico’s new tariff policy is set to shake up the world of online shopping, with platforms like Shein and Temu potentially facing significant hurdles. Starting January 1, goods entering Mexico…
Decline in Crypto Theft: December Sees Lowest Losses of 2024
In the closing month of 2024, the digital asset community witnessed a significant reduction in financial losses due to scams, exploits, and hacks. December registered the lowest amount stolen all…
Kia Recalls 23,000 EV9s After Seat Bolt Error by Assembly Worker
Kia is recalling nearly 23,000 EV9 electric SUVs after discovering that some vehicles may have improperly secured second- and third-row seats. The recall affects 22,883 EV9 models produced at Kia’s…
U.S. Crypto Executives Anticipate Clearer Regulations Under New Administration
With the imminent arrival of a new U.S. presidential administration and Congress, the digital asset industry is abuzz with expectations of potentially more accommodating regulatory frameworks. Key industry leaders are…
WeChat and TikTok Secure Licences to Operate in Malaysia
Malaysia has officially licensed Tencent’s WeChat and ByteDance’s TikTok to operate under a new social media regulation designed to address rising cybercrime. The Malaysian Communications and Multimedia Commission (MCMC) announced…