Category : Featured News
Satoshi Nakamoto’s bitcoin wealth now ranks among world’s richest
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......
Coinbase faces lawsuit over alleged sale of unregistered securities
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......
Nobel-winning economist warns Bitcoin has no long-term future
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......
Thumbay Group to Host the First-Ever Healthcare Influencers Summit 2025 at Thumbay Medicity, Ajman, UAE
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......
EU holds Temu and Shein accountable for unsafe e-commerce imports
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......
EU court rejects Poland’s challenge over €320 million in fines
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......
Moscow Strengthens Tourism Ties with the UAE Amid Surging Visitor Numbers
Newszy: Dubai, UAE – The Moscow City Tourism Committee embarked on a strategic roadshow in the Middle East, reinforcing its commitment to fostering long-term tourism partnerships. With the UAE emerging as a key market, the delegation is focused on accelerating visitor growth, deepening collaboration, and showcasing Moscow as a premier destination for......
Trump targets EU, UK with tariffs but sees room for UK deal
U.S. President Donald Trump has signaled impending trade tariffs on the European Union and the United Kingdom while hinting that a trade deal with Britain remains a possibility. His remarks, made during an interview with the media on Sunday, underscored his administration’s growing frustration with what he described as unfair trade practices. Trump, who has already......
Abu Dhabi Welcomes the Opening of a New Awani Restaurant Branch
– Heart Warming Middle Eastern Experience: Awani opens its first branch in Abu Dhabi, bringing a menu inspired by the rich culinary traditions of the Middle East, crafted with the finest ingredients. – A Celebration of Tradition and Innovation: The grand opening featured a live calligraphy artist creating personalized gifts, a live Kunafah......
Bitcoin price jumps past $105,000 following Fed’s rate decision
Bitcoin surged past $105,000 following the Federal Reserve’s decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve cryptocurrency clients, provided they effectively manage associated risks. On Thursday, Bitcoin climbed 3%, trading just above $105,000 after dipping to $101,800 the previous day. This marks its highest level in three days. Powell stated......