Crypto traders had been preparing in recent days for a more-hawkish tone from Fed Chair Jerome Powell's highly anticipated speech in Jackson Hole.
Asahi, Nikkei sue Perplexity AI over copyright infringement
Two of Japan’s top daily newspaper publishers are suing a U.S. AI company for alleged copyright infringement, accusing the tech startup of spreading misinformation and undermining legitimate ...
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 ...
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 ...
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.
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.
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.
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.
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.
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 ...
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 ...
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 ...
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 ...
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.
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 ...
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.