Month : February 2025

Featured News

Satoshi Nakamoto’s bitcoin wealth now ranks among world’s richest

omandailynews.com
The mystery surrounding the identity of Bitcoin’s elusive creator, Satoshi Nakamoto, has deepened as new research identifies a vast crypto fortune linked to Nakamoto. Blockchain analytics firm Arkham Intelligence has traced 1.096 million BTC to addresses associated with the pseudonymous inventor, an amount valued at approximately $108 billion at current market prices. This discovery ranks Nakamoto......
Featured News

Coinbase faces lawsuit over alleged sale of unregistered securities

omandailynews.com
A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging it illegally sold unregistered securities. The court rejected Coinbase’s argument that it was not a “statutory seller” because it did not directly transfer ownership of the tokens. The judge determined that transactions on the platform......
Featured News

Nobel-winning economist warns Bitcoin has no long-term future

omandailynews.com
Nobel Prize-winning economist Eugene F. Fama has made a bold prediction about the future of Bitcoin, suggesting that the world’s most popular cryptocurrency may become worthless within the next decade. Speaking on the podcast Capitalisn’t with hosts Bethany McLean and Luigi Zingales, Fama argued that Bitcoin lacks the fundamental attributes necessary for a sustainable medium......
Business

Amazon’s $100 billion AI bet signals fierce industry competition

omandailynews.com
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The tech giant’s spending surge follows its 2024 capex of approximately $83 billion, as it seeks to capitalize on what CEO Andy Jassy described as a “once-in-a-lifetime”......
Featured News

Thumbay Group to Host the First-Ever Healthcare Influencers Summit 2025 at Thumbay Medicity, Ajman, UAE

omandailynews.com
Empowering Digital Voices in Healthcare: A Premier Gathering of Experts, Creators, and Innovators, 250 Influencers, 10,000 Visitors and 25 Million reach. Newszy: The healthcare and digital media landscapes are set to converge as Thumbay Group announces the Healthcare Influencers Summit 2025, a pioneering event scheduled for Saturday, February 15, 2025, at......
Featured News

EU holds Temu and Shein accountable for unsafe e-commerce imports

omandailynews.com
The European Commission has announced that Chinese e-commerce platforms Temu and Shein will be held accountable for the sale of unsafe or non-compliant products on their platforms. This move is part of the EU’s broader effort to curb the influx of low-cost e-commerce imports, which authorities say pose consumer safety risks and unfair competition to European retailers. The Commission also......
Featured News

EU court rejects Poland’s challenge over €320 million in fines

omandailynews.com
The European Union’s General Court has dismissed Poland’s legal complaints regarding €320 million ($333 million) in fines imposed by the EU in 2022 and 2023 over a dispute concerning judicial reforms. The ruling, announced on Wednesday, confirms the enforcement of financial penalties related to Poland’s non-compliance with EU judicial standards. The case stems from......