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8/18
20:59
On-chain monitoring firm Lookonchain discovered that a newly created wallet received 9.3 million KTA tokens, worth $685,000, and 2 billion GALA tokens, worth $3 million, via a cross-chain bridge. The wallet subsequently sold these tokens for 1,902 ETH (approximately $3.64 million). This action caused the price of KTA to plummet by 37% and GALA by 15%.
20:44
On August 18, the US 30-year government bond yield briefly surpassed 5.3% during intraday trading, reaching its highest level since 2007; the 10-year yield also approached its early 2025 high. Wall Street generally believes that multiple factors, including inflation concerns triggered by the US-Iran conflict, a surge in bond issuance by technology companies, and a widening fiscal deficit, are driving this round of sell-off. These factors are unlikely to dissipate in the short term, and the bond market may officially bid farewell to the ultra-low interest rate environment of the post-crisis era. Affected by this, the US stock market saw an adjustment on Tuesday (August 19), with the Nasdaq Composite Index falling 1.3%, the S&P 500 Index falling 0.7%, and the Dow Jones Industrial Average falling 0.2%. Chip stocks collectively faced pressure, with the Philadelphia Semiconductor Index experiencing its largest single-day drop since July 1.
20:43
US President Donald Trump has taken a tough stance on the Strait of Hormuz tensions, characterizing the current situation as the "new normal" and insisting that there have been no negotiations with Iran.
20:16
OpenAI's second-quarter revenue was $6.7 billion, an 18% increase from the first quarter, while its operating loss further widened, the Wall Street Journal reported on Wednesday, citing sources familiar with the matter. In contrast, competitor Anthropic's revenue exceeded $11.5 billion during the same period, a quarter-over-quarter increase of over 140%, surpassing OpenAI in quarterly revenue for the first time and achieving a small operating profit. Both companies are preparing for IPOs, with Anthropic planning to list in September or October this year, appearing to be ahead in pace.
19:58
The stock of South Korea's Golfzon Holdings Co. is now trading above the tender price, indicating that Terton Capital may struggle to win over investors on the current terms for its second buyout attempt.
19:51
Gold held declines after an initial upward trend was interrupted by a bond market sell-off and a standoff in the Strait of Hormuz.
19:29
Analysts point out that global allies' confidence in the US nuclear umbrella is rapidly eroding, as US President Donald Trump's latest "2026 National Defense Strategy" no longer explicitly mentions extended deterrence and urges allies to increase defense spending. This has prompted more countries to reconsider acquiring their own nuclear weapons, increasing the risk of nuclear proliferation. Ankit Panda, a senior fellow at the Carnegie Endowment for International Peace, stated that allies generally perceive Washington as becoming "more detached and unreliable."

Recent developments include:
Donald Trump ordered a reduction in joint military exercises with South Korea.
The US negotiated with South Korea on peaceful nuclear enrichment last month and signed a Saudi civilian nuclear agreement, which reportedly could create conditions for domestic nuclear enrichment in Saudi Arabia.
French President Macron announced in March this year that the country would increase its number of nuclear warheads for the first time since 1992, and pledged to extend its nuclear umbrella to nine other EU countries, including Germany and Greece, through "forward deterrence" partnerships.
Japanese Prime Minister Sanae Takaichi did not rule out revising Japan's three non-nuclear principles late last year, sparking speculation that it might abandon decades of non-nuclear commitment.
Leaders of Lithuania and Finland, which border Russia, are also inclined to abolish long-standing domestic bans on deploying nuclear weapons.

Analysts warn that while these developments do not yet constitute a decision to build nuclear bombs, a country's efforts to enhance its own security could make adversaries feel insecure, thereby encouraging pre-emptive action. A June report by the Stockholm International Peace Research Institute shows that the world's nine nuclear-weapon states (the United States, Russia, China, the United Kingdom, France, India, Pakistan, North Korea, and Israel) continue to modernize and expand their nuclear arsenals, exacerbating the arms race and bringing "new risks of miscalculation" amid escalating tensions. UN Secretary-General Guterres warned at a May meeting that the Nuclear Non-Proliferation Treaty is "eroding."
19:13
Tenev highlighted that tokenized stocks could enable real-time settlement and 24/7 trading, but current U.S. regulations pose a significant hurdle, especially as overseas markets are making progress in this area.
19:12
The relentless drop in China’s long-end yields is driving an aggressive curve flattening, laying bare a stark macro rift with global markets where long-dated rates have hit multi-year peaks.
19:05
Analysts believe that the expansion of Hong Kong Exchanges & Clearing Ltd.'s (HKEX) non-equity business is crucial for boosting its stock, as record trading volumes and new listings have provided little uplift. Investors have been hesitant to invest in HKEX, partly due to regulatory concerns over cross-border investment flows and quality control of new stock listings. The bourse operator's new business growth will be a key focus when it reports earnings later Wednesday.
18:54
According to The Information, citing people familiar with the matter, the move is aimed at fending off external shareholder pressure, as CEO Dario Amodei himself only holds about 2% of the company's equity. The artificial intelligence company, valued at $965 billion, is expected to go public as early as this fall.
17:47
Donald Trump stated that Richard Bennett previously served as a county prosecutor, an Assistant U.S. Attorney, an Assistant Chief Counsel for ICE, and is currently a U.S. Magistrate Judge for the Southern District of Texas. He graduated from Texas Christian University and Southern Methodist University School of Law, and clerked for Judge Marcia Crone.
17:37
Commentary noted that the 30-year U.S. government bond yield touched 5.339% on Tuesday, the highest since 2007; the 10-year U.S. government bond yield was about 4.7%, close to its highest level since early 2025; the French 10-year government bond yield was about 4.1%, the highest since 2008; and the German 10-year government bond yield was about 3.26%, returning to 2011 levels. The article argued that the return of interest rates to historical norms should not cause financial panic.
17:37
Donald Trump announced his nomination of Kyle Reardon to serve as a United States District Judge for the District of Alaska. Reardon currently serves as a Magistrate Judge for the federal court in Alaska and previously served for many years as a federal prosecutor in Alaska and California, and as a Judge Advocate in the U.S. Army JAG Corps. He is a graduate of the University of Virginia School of Law and Centre College.
17:33
Solana Policy Institute CEO Miller Whitehouse-Levine states the Clarity Act is in 'August recess purgatory' and gives it 10% odds of passing before the midterms. He urged regulators to move quickly, emphasizing that the industry "can’t afford to keep waiting for Congress."

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