📡 Hourly Update | 17:00-18:00

1. Data from the U.S. Department of the Treasury shows that, as of August 20, the total amount of U.S. national debt first surpassed $40 trillion. For fiscal year 2026, the budget deficit is set to expand to $2.1 trillion, and the yield on 30-year U.S. Treasuries rose to 5.28%, the highest in 19 years.

2. According to The New York Times, Anthropic may seek to raise more than $100 billion through an IPO, with a valuation potentially as high as $200 billion. Its annualized revenue last month jumped to over $65 billion.

3. After Bitcoin surged 30% within five days to near $80,000, it fell below $76,000 on August 22. This triggered more than $475 million in forced liquidation of leveraged longs, and traders are watching the $77,000 support level.

4. Jiayuan Technology received a pre-notice of an administrative penalty from the CSRC for false statements in its prospectus and annual report. Starting August 25, the stock will be subject to other risk warnings, and the share abbreviation will change to “ST Jiayuan.”

5. The metaverse platform The Sandbox confirmed that its cross-chain bridge has a vulnerability. Attackers minted 14.9 billion unbacked SAND tokens on Base and BNB Smart Chain. The platform has shut down the related bridging services, and Coinbase has delisted SAND futures contracts.

6. Alibaba announced plans to place 80 billion Hong Kong dollars worth of new shares. All proceeds will be invested in artificial intelligence development to strengthen its AI presence.

7. Nevada’s Department of Transportation issued Tesla a full operating license, allowing it to deploy up to 5,000 autonomous vehicles in Clark County within the next 12 months. Commercial ride-hailing service is expected to launch within 30 days.

8. Canada has paused trade negotiations with the United States. In response, U.S. President Trump immediately imposed a 50% tariff increase on a range of Canadian goods. Canadian Prime Minister Kania said Canada will take “reciprocal” retaliatory measures.