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Upbit announced the addition of CAP to its KRW, BTC and USDT trading pairs at 5:00 a.m. UTC on Aug. 6.

An Ethereum Foundation grant address deposited 2.675 ETH worth $5,070 to Kraken and transferred 578.38 ETH worth $1.08 million to a Gnosis Safe wallet about 12 hours ago, according to Lookonchain.

Nate Geraci, CEO of wealth manager Novadius Wealth Management, said the controversy surrounding the CLARITY bill shows the crypto industry needs to do more on education. Geraci said many politicians, major financial institutions and mainstream media outlets do not properly understand the nature of cryptocurrency, or may understand it but still see it as a threat, adding that education would help address the issue either way. Meanwhile, processing of the CLARITY bill remains delayed even after the White House reached agreement on an ethics provision.

MoonPay said on Aug. 5 it integrated the TRX network into its transaction infrastructure, adding support for Tron’s gasless transactions. Users can now complete transactions on the Tron network without holding TRX, which the company said will simplify Tron-based stablecoin transactions and make on-chain payments easier.

Nigeria is tightening regulations tied to cryptocurrency trading, Cointelegraph reported. Under the move, crypto businesses must obtain a tax identification number, and noncompliance could result in fines or imprisonment. The measure is aimed at preventing tax evasion through cryptocurrency use.

South Korea’s Korea Exchange triggered a sell-side sidecar after the KOSPI extended its intraday decline. The index was trading at 6,290.85, down 4.66% from the previous session.

Bithumb announced the addition of Unibase (UB) to its South Korean won market at 1:00 a.m. UTC on Aug. 6.

Upbit announced a temporary suspension of deposits and withdrawals for KITE due to a network issue.

Canada’s largest crypto ETF manager Purpose Investments staked 42,000 ETH worth $80 million into the Ethereum beacon chain deposit contract about three hours ago. The amount equals 36.6% of the ETH holdings in Purpose’s ETF. Purpose’s spot ETH ETF currently holds about 114,900 ETH.

Bithumb announced the temporary suspension of KITE deposits and withdrawals starting at 1:06 a.m. UTC today at the request of the Kite Foundation.

An anonymous whale address beginning with 0x8c5 received 37,000 ETH worth $71.1 million from a Galaxy Digital over-the-counter trading address over the past two weeks, according to Onchain Lens. The total included an additional 10,000 ETH worth $19.1 million added over the past three hours.

An anonymous wallet beginning with 0xff84 has partially reduced the 40x leveraged 1,600 BTC short position it opened on Hyperliquid yesterday, EmberCN reported. The wallet had faced liquidation at $64,889 and had placed 50 BTC stop-loss orders from the liquidation price up to $68,254. After BTC briefly rose above $65,000 early today, four of those orders were filled, reducing the position by a total of 200 BTC. The realized loss came to $146,000. The wallet still holds a 1,400 BTC short position worth $90.54 million, with a liquidation price of $64,998.

South Korea’s government plans to explicitly classify virtual assets such as Bitcoin acquired through donations or criminal asset forfeitures as state assets and, in principle, auction them off immediately after acquisition, Chosun Biz reported. The government on Aug. 6 announced a broad overhaul of the state asset management system, according to the report. As of April, the central government held about 78 billion won ($56.3 million) in virtual assets. Authorities are also reviewing legal grounds for entrusting those assets to private exchanges and for recovering assets held on overseas exchanges and in electronic wallets, while allowing split auctions if a full sale raises concerns about market disruption.

CoinMarketCap’s in-house Crypto Fear and Greed Index rose two points from yesterday to 39, indicating a slight improvement in market sentiment while remaining in the fear zone. The index signals extreme fear as it approaches zero and extreme optimism as it nears 100. According to CoinMarketCap, the gauge is calculated based on price movements in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio, and CoinMarketCap’s own search data.

Spot CVD refers to an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows a volume heatmap, while the lower section represents cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance. - The cumulative volume delta indicator in the lower section reflects buy and sell orders by order size. As buy orders increase, the line in the corresponding color rises. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.

Sam Blackshear, chief technology officer at SUI developer Mysten Labs, said on X he is leaving the company to join Anthropic. Blackshear added, "Anthropic" and "X" were not part of his remarks in English in the source, but he said he plans to work in Anthropic's security division and will remain closely connected with Mysten Labs and SUI.

U.S. Democratic Sen. Elizabeth Warren said the U.S. government needs to explain why it eased AI semiconductor export policy toward the United Arab Emirates after World Liberty Financial, or WLFI, received investment from the UAE, Cointelegraph reported. Warren said WLFI received a $500 million investment in January from an Abu Dhabi-based company, while UAE-linked firm MGX deployed a $2 billion investment in Binance using WLFI stablecoin USD1. Warren added that the U.S. Commerce Department later allowed exports of high-performance semiconductors to the UAE and indicated it would give favorable treatment to MGX license applications. Warren argued President Donald Trump’s business interests in crypto are affecting government agencies and even national security, and said the matter requires an investigation.

Payward, the parent company of U.S. exchange Kraken, is moving to give voting rights to holders of tokenized stocks on its xStocks platform, The Block reported. Holders of stock tokens on xStocks had not had voting rights, unlike spot shareholders, but recent cooperation with brokerage services firm Broadridge has opened the door to providing those rights. xStocks recently surpassed $25 billion in cumulative trading volume and plans to expand the service into global markets including the UK, Europe and South Korea.

Domestic crypto trading volume fell last month to its lowest level since October 2020, according to a Business Watch report. Combined trading volume at South Korea’s five largest exchanges — Upbit, Bithumb, Coinone, Korbit and Gopax — totaled $28.77 billion (41.0649 trillion won) last month, Business Watch said. Volume has declined for five straight months from $85.5 billion in February, with last month’s figure down about 39% from the previous month. The report cited weaker investor sentiment amid falling cryptocurrency prices as the main reason for the decline, while also pointing to capital flows into South Korea’s stock market and overseas exchanges. By exchange, South Korean exchange Upbit accounted for 63.85% of the total with $18.37 billion in volume, while Bithumb made up 29.44% with $8.47 billion.

Chainlink saw 1.26 million LINK worth $10.3 million withdrawn from exchanges over the past 24 hours, the largest such outflow since June 29, according to Santiment. Exchange withdrawals are typically interpreted as holdings moving into custody rather than toward sale, easing selling pressure. Santiment said the timing was notable as the Depository Trust & Clearing Corporation included Chainlink last month among technology providers, starting related processing, while institutional networks including Canton and Robinhood Chain have been expanding support for Chainlink's CCIP.

Coldcard hackers are attempting to launder stolen Bitcoin, but the transfers remain visible on-chain, Bitcoin News reported. The 1,159 BTC stolen in the Coldcard hack has effectively been frozen and not converted into cash, although a hacker who took about 64 BTC moved the funds to a mixing protocol. Of that amount, 10 BTC was mixed first, while the remaining 54 BTC was split into 7 BTC chunks and is undergoing additional mixing steps. Because Bitcoin consists of unspent transaction outputs, or UTXOs, moving funds in smaller increments makes them harder to trace. Bitcoin News added, "At this scale, unusually large transfers are not difficult to track. The laundering attempt is unfolding in a relatively transparent manner."

Uniswap’s UNI-backed launchpad pools.trade minted around 6,000 tokens on its first day on Robinhood Chain, outpacing daily issuance on existing launchpads including Pons, Flap and Bankr, according to Entropy Advisors.

According to CoinNess market monitoring, BTC has risen above $65,000. BTC is trading at $65,015.53 on the Binance USDT market.

Citigroup has begun hiring a director for digital asset client solutions, Cointelegraph reported. The role will oversee digital asset products for institutional investors, including crypto custody, tokenized assets, tokenized cash and digital collateral.

The three major U.S. stock indices closed mixed today. - S&P 500: -0.17% - Nasdaq: -0.83% - Dow Jones: +0.49%