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02:27
An address has accumulated over 7,000 ETH in the past 5 hours
ChainCatcher news, according to on-chain analyst Ai Aunt (@ai_9684xtpa), address 0xAb5…0b767 purchased 7,008.8 ETH on-chain at an average price of $2,075 over the past 5 hours, with a total value of $14.54 million; this is also the first time this address has accumulated ETH.
02:22
Global debt is projected to reach a record $348 trillions by the end of 2025.
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%.
02:21
Web3 development tools platform thirdweb co-founder and CTO steps down
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."
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