DMR News
Advancing Digital Conversations
Tencent Cloud to Expand Palm Verification Technology Globally
Tencent Cloud, a subsidiary of Tencent Holdings Ltd, is set to introduce its advanced palm verification technology to the global market. This system, which has seen widespread use in China…
Surge in Crypto Lobbying: Coinbase Tops with 3,475% Increase in Expenditure Since 2017
The landscape of crypto lobbying has seen a dramatic escalation over recent years, with major companies like Coinbase at the forefront of these efforts to shape legislative outcomes in the…
Fintech Drip Capital Raises $113 Million to Support SMB Growth
Drip Capital, a Palo Alto-based fintech company that provides working capital to small and medium-sized businesses (SMBs), has secured $113 million in funding to further expand its operations. This latest…
Kamala Harris’ Campaign Utilizes Super PAC for Crypto Donations, Not Direct Contributions
Amidst the dynamic and increasingly digital landscape of political campaigning, Coinbase’s Chief Financial Officer Alesia Haas highlighted at Citi’s 2024 Global TMT Conference in New York how U.S. Vice President…
Visa Launches New Tool to Make It Safer to Pay Merchants Directly From Your Bank Account
Visa has announced plans to introduce a new product aimed at enhancing the security and flexibility of account-to-account (A2A) payments, bypassing the traditional direct debit system, as reported by CNBC.…
Global Downtrend: Over 600 Bitcoin ATMs Decommissioned in Recent Months
In the first two quarters of Q3 2024, the global network of Bitcoin ATMs saw a significant reduction, with more than 600 units going offline. This trend, particularly pronounced in…
Mastercard Enhances Non-Custodial Crypto Spending Through New Partnership
Mastercard is intensifying its integration with the cryptocurrency sector by supporting non-custodial wallets that allow users to spend their digital assets freely while maintaining personal control over their funds. This…
Federal Reserve Issues Cease and Desist to Texas Bank Over Crypto Firm Dealings
The Federal Reserve has issued a cease and desist order to United Texas Bank, highlighting “significant deficiencies” in the bank’s risk management and its interactions with cryptocurrency clients. This regulatory…
Microsoft Launches 5G Surface Pros for Business Customers
Microsoft is adding 5G capabilities to its latest Surface Pro models aimed at business customers. The company announced that the 5G-enabled versions of the Surface Pro 10 and Surface Pro…
YouTube Limits Teens’ Exposure to Idealized Fitness and Body Image Content
YouTube has announced that it will expand the limitations on fitness and weight-related video recommendations for teenagers in Europe and the UK, extending a policy that was first introduced in…
Robinhood Settles for $3.9 Million Over Crypto Withdrawal Restrictions
Robinhood Markets‘ cryptocurrency division has finalized a $3.9 million settlement with California’s Justice Department, addressing allegations that it restricted crypto withdrawals from 2018 to 2022. This settlement marks the first…
Applied Digital Surges 65% After Securing $160 Million Investment Including Nvidia
Applied Digital shares saw a sharp rise of nearly 65% on Thursday, reaching their highest point in over a month, following news of a $160 million financing deal with a…
US Regulator Postpones Verdict on Eco-Conscious Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has once more deferred its decision regarding the New York Stock Exchange (NYSE) Arca’s application to list a novel exchange-traded fund (ETF)…
Qualcomm, Google, and Samsung Join Forces for Mixed-Reality Smart Glasses
Qualcomm CEO Cristiano Amon revealed that the company is working with Samsung and Google to develop mixed-reality smart glasses connected to smartphones. This marks a distinct approach compared to Apple,…
CFTC Accuses Uniswap of Illicit Derivatives Trading, Levies Penalties
The United States Commodity Futures Trading Commission (CFTC) has formally charged Uniswap Labs, the developer behind the decentralized exchange (DEX) Uniswap, with offering leveraged cryptocurrency trading illegally to U.S. retail…
Senator Elizabeth Warren Set to Debate John Deaton, Crypto Issues Could Surface
Senator Elizabeth Warren has confirmed she will participate in two debates with Republican candidate John Deaton in the lead-up to the November election for the Massachusetts Senate seat. This decision…
Ilya Sutskever Secures $1 Billion in Funding for New AI Venture Safe Superintelligence
Ilya Sutskever, co-founder of OpenAI, has raised $1 billion from prominent investors for his new AI venture, Safe Superintelligence (SSI). Sutskever, who left OpenAI in May 2024, announced the substantial…
Volvo Blames Global Trade Issues for Lowered 2026 Profit Margin Target
Volvo Cars has revised its 2026 profitability targets, citing global trade and tariff complexities. On Thursday, the Swedish automaker, majority-owned by China’s Geely, announced it would lower its operating profit…
Major Swiss Bank ZKB Initiates Trading Services for Bitcoin and Ether
Zurich Cantonal Bank (ZKB), one of Switzerland’s largest banking institutions, has officially launched cryptocurrency trading and custody services, broadening its financial offerings to include Bitcoin and Ether. This move marks…
Spotify’s Evolving Playlist Daylist Reaches Global Audience
Spotify has launched its evolving playlist feature, daylist, globally. Initially introduced in select English-speaking markets in 2023, daylist personalizes music recommendations based on users’ listening habits, updating throughout the day…