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Share link:In this post: Japan’s exports dropped 2.6 percent in July, led by steep declines in auto and parts shipments to the US. Tariffs remain high despite a July deal keeping auto duties at 15 percent, far above the pre-tariff 2.5 percent. Trade balance swung to a 117.5 billion yen deficit as imports also shrank, though less than expected.
Share link:In this post: JPMorgan and Mitsubishi UFJ Financial Group are negotiating a $22 billion loan to finance a data center campus in Texas for Vantage Data Centers. The total investment for the campus is projected at $25 billion, with additional equity financing of $3 billion from private capital groups Silver Lake and DigitalBridge. The demand for data centers is surging as companies like xAI and Meta are raising billions to support their AI infrastructure.
Share link:In this post: Trump demanded Federal Reserve Governor Lisa Cook resign over mortgage fraud allegations. Bill Pulte accused Cook of claiming two homes as her primary residence to get better loan terms. Pulte wants the Justice Department to investigate and says there is clear cause for removal.
Share link:In this post: A judge has unblocked crypto assets belonging to Hayden Davis and Ben Chow, who promoted the Libra meme coin. Argentine President Javier Milei promoted the Libra meme coin in February, but it crashed within hours. Milei continues to distance himself from the scandal, even dissolving the task force investigating the matter.
- 02:02Former SEC Chairman Gensler says he is "proud" of taking enforcement actions to regulate cryptocurrenciesChainCatcher news, according to Cointelegraph, former US SEC Chairman Gary Gensler admitted in an interview on Wednesday that he has no regrets about the way cryptocurrency enforcement was handled during his tenure at the agency. Gensler said he is "proud" of the right decisions he made regarding digital asset regulation during his time at the SEC, and reiterated his view that cryptocurrency is a "highly speculative and extremely risky asset." When talking about enforcement actions against cryptocurrency companies, Gensler stated: "We have always worked to ensure investor protection. However, during this period, we have also encountered many fraudsters: look at Sam Bankman-Fried, he is not the only one."
- 01:29Falcon Finance releases FF tokenomics: total supply of 10 billions, with 8.3% allocated for community airdrop and Launchpad sales.ChainCatcher news, Falcon Finance has released the FF tokenomics. The total supply is 10 billion tokens, managed by an independent foundation. The distribution is as follows: 35% allocated to the ecosystem, 32.2% to the foundation, 20% to the core team and early contributors, 8.3% for community airdrops and Launchpad sales, and 4.5% allocated to investors.
- 00:48The whale/institution that has already made a profit of 76.05 million from ETH swing trading bought another 16,569 ETH today.According to Jinse Finance, on-chain analyst Yujin has monitored that a whale/institution, who has already made a profit of $76.05 million through ETH swing trading, bought 18,000 ETH at an average price of $4,487 the day before yesterday, sold 10,000 ETH at $4,600 yesterday, and bought another 16,569 ETH at an average price of $4,484 (worth $74.29 million) early this morning. Through swing trading ETH, they have made an additional profit of $1.13 million, bringing the total profit to $76.05 million.