Binance's latest Launchpool has received over 18.4 million BNB

According to market data from BIT (bit.com), Chinese copper foil manufacturer Longdian Huaxin (ticker: FOIL) has listed on the New York Stock Exchange. Its first trading day closed 11.36% higher, extended gains by 6.12% in after-hours trading, and is now trading at $26. The company raised $94.3 million in its IPO, marking the largest U.S. IPO by a Chinese firm since Chajiji last April. Headquartered in Shenzhen, its products are applied in sectors including electric vehicles and 5G communications, and it is reported to hold the top spot in the global battery copper foil market with a 7.6% market share.

AI cloud company CoreWeave’s Chief Financial Officer Nitin Agrawal told analysts that CoreWeave recently signed a contract extending its lease of Nvidia A100 GPUs through 2029. Nvidia launched the A100 in 2020, meaning customers are committed to using these chips for AI workloads roughly nine years after their release.

Independent organization Zcash Labs launched on Wednesday, with the goal of helping businesses overcome barriers to adopting privacy cryptocurrencies. Its early priorities include technical integration and support, as well as funding projects that expand ZEC’s real-world use cases.

The Bank of Korea made its first gold-related investment in 13 years during the second quarter.

On August 12 local time, MSCI Inc. announced the results of its August 2026 index review for MSCI stock indices. For the MSCI China Index, the review added 33 new constituents including Zhipu, Dingtai Hi-Tech, Caley, Huafeng Test & Control, Yandong Micro, and International Composite Materials, while removing 32 stocks including Vanke A and Zhifei Biological. The adjustments will take effect after the close of trading on August 31.

Against the backdrop of accelerating U.S. federal spending expansion paired with declining revenues, America’s fiscal situation continues to deteriorate, with debt interest spending exceeding $1 trillion cumulatively so far this fiscal year. Data released by the U.S. Treasury Department on Wednesday shows the July budget deficit hit $432 billion, the highest level for the same period in history, driven primarily by sharp increases in federal Medicare spending and rising public debt interest costs. Over the first 10 months of fiscal 2026, the cumulative budget deficit has reached $1.8 trillion. Adjusted for calendar factors, the deficit is 5% larger than the same period in fiscal 2025, highlighting the government’s sustained rising borrowing needs. Meanwhile, following the Supreme Court’s ruling invalidating most of former President Trump’s additional tariff measures, ongoing tariff refunds have also weighed on fiscal revenues, further amplifying deficit pressures.