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Category: FINANCE

Posted on 27/08/2025

Fed’s rate cuts might cause a crypto market crash

Crypto traders on Polymarket, the crypto-based prediction market, think there is an 81% chance of the Fed cutting rates by 25 basis points. In fact, the popular crypto analyst Quinten Francois ...

Posted on 27/08/2025

Trump’s Crypto Cash Grabs Are Getting Weirder

This tongue-twister of a company will then focus on buying up as much of the cryptocurrency cronos as it can — a strategy known in the crypto world as a “strategic reserve” or a “treasury.” You may be ...

Posted on 27/08/2025

Trump family crypto empire expands with Crypto.com partnership

President Donald Trump’s personal crypto ventures are expanding again, this time with plans for a digital asset treasury company that holds an alternative cryptocurrency.

Posted on 27/08/2025

Trump media firm raises $6.4 billion to invest in Crypto.com’s digital token, deal includes purchase of Trump stock

The value of the Cronos token soared on news of the deal, which includes a $5 billion credit line and $200 million in cash.

Posted on 27/08/2025

Mitsubishi to pull out of three offshore wind projects in Japan – Nikkei

A Mitsubishi-led consortium is in the process of withdrawing from three offshore wind power projects in Japan due to concerns over profitability, Nikkei reported.

Posted on 27/08/2025

MIT brothers face prison over 12-second, $25M crypto heist

Two brothers are charged with stealing $25 million in cryptocurrency via a blockchain exploit that allegedly lasted less than thirteen seconds.

Posted on 27/08/2025

Japan’s Nikkei and Asahi sue Perplexity AI over copyright infringement

Two major Japanese media groups, Nikkei and Asahi Shimbum have jointly filed a lawsuit against AI firm Perplexity AI over copyright infringement.

Posted on 27/08/2025

Perplexity sued by Japanese media giants for stealing information and presenting false information

Another day, another instance of AI companies purportedly engaging in copyright infringement. Two Japanese media groups, Nikkei and the Asahi Shimbun, are suing Perplexity for illicitly having "copied ...

Posted on 26/08/2025

Panicked Traders Brace For $100,000 Bitcoin And $4,000 Ethereum As Crypto Price Crash Fears Hit XRP

“Bitcoin flash crash today, which wiped out $310 million in long positions, has been traced to a single bitcoin whale dumping bitcoin for etheruem,” Jacob King, a bitcoin and crypto market analyst and ...

Posted on 26/08/2025

Mitsubishi-led groups to withdraw from three offshore wind projects in Japan, Nikkei says

Mitsubishi Corp -led consortia are preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily ...

Posted on 26/08/2025

Japanese dailies Nikkei, Asahi sue US AI firm over copyright infringement

Major Japanese daily publishers Nikkei Inc. and The Asahi Shimbun Co. said Tuesday they jointly filed a lawsuit against U.S. artifici ...

Posted on 26/08/2025

Japan’s Nikkei, Asahi Sue Perplexity AI For Nearly $15M Over Copyright Breach

Publishers allege the AI firm bypassed safeguards, scraped servers, and distributed inaccurate summaries in violation of Japan’s Copyright Act.

Posted on 26/08/2025

Japan ministry to request record sum for debt-servicing costs, draft shows

Japan's finance ministry is planning to request a record $220 billion for debt-servicing costs in next financial year's budget as the world's No. 4 economy faces rising interest rates, according to a ...

Posted on 26/08/2025

Japan’s Nikkei ends at over 2-week low as yen gains after Trump fires Fed’s Cook

Japan's Nikkei share average ended at a more than two-week low on Tuesday, as the yen strengthened after U.S. President Donald Trump fired a Federal Reserve governor.

Posted on 26/08/2025

Nikkei 225 sees first slide in 3 days

Tokyo's Nikkei 225 stock index fell on Tuesday for the first time in three trading days. Some investors unloaded shares after Trump's firing of a Fed governor.

Posted on 26/08/2025

Nikkei and Asahi Shimbun sue Perplexity AI over alleged copyright violations

The newspapers are seeking an injunction and ¥2.2 billion each in damages from Perplexity, they said in a joint statement. The suit was filed at the Tokyo District Court.

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