News

According to Odaily, a report released by the International Institute of Finance (IIF) on Wednesday shows that global debt reached a record high of $348 trillions by the end of 2025. In just the past year alone, the debt increased by nearly $29 trillions, marking the fastest annual growth rate since the onset of the pandemic. The data indicates that the current global debt cycle is no longer primarily driven by households or corporations, but is mainly fueled by persistent fiscal deficits in major economies. The IIF pointed out in its latest "Global Debt Monitor" report that this growth was mainly driven by governments, with government debt accounting for over $10 trillions of last year's increase. The report noted that in 2025, the global debt-to-GDP ratio slightly declined to about 308%, mainly due to developed economies. Meanwhile, the debt-to-GDP ratio in emerging markets continued to rise, reaching a historic high of over 235%.

Foresight News reported that Jake Loo, co-founder and Chief Technology Officer of the Web3 development tools platform thirdweb, has stepped down from his position. "At thirdweb, we have built and deployed multiple AI agents, covering our products and organizational structure. I have witnessed firsthand how AI has evolved from being a 'nice-to-have' to a key technology that fundamentally changes the way we work. This experience has changed my mindset. I believe that nothing is more important than AI right now. This is not hype; it is a real transformation in how software is built and used, how teams operate, and how the entire industry is being restructured. That is why I have decided to go all in."

ChainCatcher reports that Ju.com has announced a strategic investment of 80 million USD in the AI quantitative platform One Agent. It is reported that One Agent has received a total of 170 million USD in joint investment in this round. One Agent focuses on "intent trading," aiming to lower the threshold for users to trade. Users only need to set their investment goals and risk preferences, and the built-in AI Agent will automatically complete strategy planning, execution, and dynamic rebalancing, replacing traditional manual monitoring and order placement. One Agent is initially open to mainstream crypto assets ranked in the global top ten by market capitalization. Users can access its AI quantitative system by purchasing nodes and further participate in various AI-driven scenarios and benefits, such as mainstream crypto quantitative strategies, wealth management, and market prediction. In addition, this 170 million USD joint investment will serve as long-term funding support for the One Agent ecosystem, aiming to protect all users participating in AI quantitative trading, covering node purchasers and various user groups involved at different stages. The funds will provide comprehensive ecosystem support and risk mitigation arrangements within established rules, with related mechanisms to be implemented gradually as the product is rolled out in phases, enhancing downside protection and maximizing certainty for user participation.