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RWA token deposits more than triple as overall DeFi TVL falls 15%

A Greek security researcher spent about 22 months infiltrating servers used by a North Korean hacking group and monitoring its activities, confirming that 1,640 organizations, including Coinbase and Uniswap Labs, had been targeted, according to BeInCrypto. Among the 1,640 organizations, about 700 to 800 were found to be seriously compromised, with the hackers having obtained access to server root privileges, AWS root accounts and cryptocurrency wallet keys, BeInCrypto reported. The researcher said the notable point was that although the North Korean hackers had access to medical records and criminal databases, they barely touched them and instead focused on cryptocurrency wallets and blockchain access rights. The researcher added that warning messages were sent to Coinbase and Uniswap Labs, which were known to have responded.

Bitwise has staked 10,948 HYPE worth $615,000 from the address of its spot HYPE ETF, which begins with 0x6183, Hyperliquid News said on X.

A federal court in Boston fined Liu Zhou, founder of crypto financial services firm Mytrade, $10,000 for participating in a market manipulation scheme. Prosecutors said Mytrade used its platform, Mytrade MM, to offer cryptocurrency projects so-called "volume support services," artificially manipulating exchange trading volume and market activity through wash trading carried out with bots.

MetaMask has launched Agent Wallet, a wallet designed to support autonomous on-chain trading by AI agents, Decrypt reported. Users can choose the level of automation and the AI to use, while the wallet supports Hyperliquid (HYPE) and EVM networks. It also includes gas abstraction, allowing fees to be paid in the asset being transferred rather than in the network’s native token.

JPMorgan said Hyperliquid’s market share could come under pressure as U.S. regulated crypto perpetual futures trading platforms emerge and competition intensifies. In a recent report, JPMorgan said liquidity has recently been shifting to U.S. regulation-compliant platforms, while multiple rival platforms are also entering the market. The bank added that Hyperliquid expanded its scope in May by launching the prediction-market product Outcomes, but competition in that segment is also intense. JPMorgan also said net inflows into spot ETFs tied to HYPE, which showed gains in May and June, have stalled in July and August, adding that HYPE’s ability to maintain market share and sustain ETF inflows will help determine the token’s price going forward.

Clarity remains in limbo despite a White House agreement on ethics provisions, Crypto in America host Eleanor Terrett said. Terrett added that people close to U.S. President Donald Trump had made a major push this week to secure the ethics agreement, but negotiations over other unresolved issues were still underway, while the White House was leading discussions on the Blockchain Regulatory Clarity Act, or BRCA, to address opposition from other regulators.

Iran will not allow countries or individuals that caused damage to Iran to pass through the Strait of Hormuz and the Persian Gulf until compensation is paid, Fars reported.

Senate Banking Committee Chairman Tim Scott said a Senate vote on the CLARITY Act could be completed before the August recess. In an interview with Fox Business, Scott said there was no doubt a vote would take place this week, adding that he would remain in the Senate for at least two more days, Republicans were unifying, and Democratic votes would also be brought in. Scott said the CLARITY Act would protect consumers while driving innovation in the United States, and added that President Donald Trump’s acceptance of an ethics provision was unprecedented and marked progress. Scott has argued since May that the bill could move forward.

Bernstein maintained an outperform rating and a $140 price target on Circle (CRCL), saying the market is underestimating the company’s long-term growth potential, according to Crypto Briefing. Bernstein said concerns over intensifying competition and lower interest rates reducing earnings are overshadowing future revenue opportunities tied to Circle’s distribution network, regulatory advantages, and Arc blockchain, partnerships, and transaction services, while upgraded 2026 earnings forecasts, approval of its National Trust Bank application, and the launch of the Arc mainnet could act as catalysts for revenue growth beyond its current business model.

Sui-based decentralized exchange Astros and data platform Walrus have launched WVTS, a trading data standard designed to be read by AI and to provide a foundation for AI agents to participate in financial markets. In an update on X, Sui added, "이미 2200만건 이상의 트랜잭션 기록이 월러스에 기록됐다".

Coinbase’s Bitcoin premium index has remained in negative territory for 80 consecutive days since May 19, extending the longest such streak on record, according to CoinGlass. As of 12:00 a.m. UTC on Aug. 6, the latest reading stood at -0.0978%. The previous longest negative streak lasted 40 days, from Jan. 16 to Feb. 24 this year. Amid relatively weaker buying pressure from U.S. investors, the duration of the negative premium has continued to set fresh record highs day after day. Historical data shows prolonged negative premiums have often coincided with periods of slower buying by U.S. investors and weaker institutional demand.

U.S. Democratic Sen. Elizabeth Warren, a longtime crypto skeptic, said she supports crypto legislation in principle but opposes the current CLARITY Act, according to CoinDesk. In an interview with Forbes cited by CoinDesk, Warren said the CLARITY Act does not address issues related to corruption, consumer protection, national security and economic safeguards, and added she does not expect either Republicans or Democrats to move the bill forward until those issues are resolved. The U.S. Senate did not include CLARITY Act-related provisions on its Aug. 6 agenda, and the bill has not yet secured the 60 votes needed for passage, with disagreements between Republicans and Democrats over its details continuing.

Optimism said about 343 million OP worth $29.6 million is scheduled to be unlocked from May 2026 through April 2027, including 200 million OP allocated to the ecosystem fund, 47.6 million OP allocated to initial contributors, and 15.3 million OP allocated to investors. Following the unlocks, OP’s circulating supply will reach 2.504 billion tokens, or 58.3% of total supply. The project stressed the unlocks follow an existing plan and involved no new allocations. According to CoinMarketCap, OP was trading at $0.08638, down 1.26% over the past 24 hours.

The three major U.S. stock indices opened mixed today. - S&P 500: +0.01% - Nasdaq: -0.37% - Dow Jones: +0.25%

Cointelegraph reported the CLARITY Act was not included on the U.S. Senate’s agenda for Aug. 6.

Sui said blockchains face greater security risks in the age of quantum computing because public keys disclosed on-chain are permanently exposed as soon as a transaction occurs, unlike in conventional information systems. While this is not currently a problem, Sui said a future quantum computer capable of running Shor’s algorithm could enable attacks that reconstruct private keys from public keys. Sui said the risk has already begun because attackers can start collecting public keys now and use future quantum computers to steal assets later. Google Quantum AI also projected such attacks could be carried out within minutes on a fault-tolerant quantum computer with fewer than 500,000 physical qubits, according to Sui. Sui emphasized its network was designed around cryptographic agility, allowing new quantum-resistant digital signature methods to be adopted without changing the existing consensus structure. On that basis, Sui said the network can respond to the quantum computing era without requiring a network rebuild.

Institutional investors, including trusts, ETFs and funds, cut their Bitcoin holdings to 1.2 million BTC from 1.33 million BTC over the past three months, Cointelegraph reported. The outlet said the decline came as another major source of institutional investment demand, Bitcoin treasury companies, faced pressure, noting that Strategy, the largest Bitcoin holder among listed companies, sold 1,638 BTC last week. Cointelegraph added that these companies have grown by taking advantage of stock prices trading above the value of their holdings, issuing shares and bonds, and using the proceeds to buy more Bitcoin. But when share prices fall below net asset value, or NAV, the efficiency of that funding model declines, and new fundraising can dilute the equity value of existing shareholders. While on-chain data points to weakening institutional demand, the outlet said it is difficult to conclude that sales by Bitcoin treasury strategy companies alone are the cause.

Aave founder Stani Kulechov said EIP-8361 could become one of the most strongly opposed proposals in Ethereum’s history, Cointelegraph reported. The proposal centers on a tapered issuance burn mechanism that would gradually reduce new validator issuance rewards toward 0% once staked ETH reaches 50% of Ethereum’s total supply.

JPMorgan said inflows into spot HYPE ETFs slowed in July and early August after surging in May and June, reflecting market concerns about Hyperliquid’s future competitiveness, according to CoinDesk. In a report, JPMorgan said Hyperliquid ETFs posted the strongest inflow-to-assets-under-management ratio among crypto funds excluding Bitcoin in May and June, but said that momentum weakened in July and early August. The bank also projected that decentralized trading platforms, including Hyperliquid, will face significant difficulty in gaining market share going forward.

Tether announced a strategic partnership with Saudi Arabian digital solutions firm First Digital to advance the tokenization of institutional-grade real estate assets in Saudi Arabia. Through the collaboration, Tether plans to use its Hadron as the core technology platform to accelerate the tokenization of institutional-grade real estate assets in the country. Hadron is an asset tokenization platform designed to streamline the conversion of various assets into digital tokens and provides an intuitive system supporting tokenized asset issuance and management.

Moscow Exchange plans to establish its own digital depository for cryptocurrency trading and asset management, RBC reported. The platform is currently in the early stages of development and is targeting an official launch between late 2026 and early 2027. Similar to conventional stock trading, it is expected to allow users to buy, sell and hold cryptocurrencies through securities firm and broker apps, which would significantly improve accessibility for retail investors and the safety of asset custody.

A hacker stole about 500,000 USDC from a wallet on the Base network but lost much of the funds while trying to cash out after being hit by a sandwich attack from an MEV bot, according to PeckShield. During the swap, the hacker did not set sufficient slippage protection, allowing the bot to intervene, and ultimately walked away with only 67 WETH worth $129,000.

Glassnode said skew in the Bitcoin options market, or the gap in implied volatility between call and put options, is signaling a bearish outlook. The on-chain analytics firm said the market’s weak tone appears to reflect a sharp decline in upside expectations rather than growing fear of a drop. It added downside implied volatility remains low, but upside implied volatility is even more extreme, having fallen to a record low of 23%, leaving almost no investors in the market betting on a Bitcoin rally.

USD1, the dollar-pegged stablecoin launched by World Liberty Financial, has surpassed $50 billion in cumulative trading volume on Binance about a year after its debut, according to on-chain analyst Darkfost. Darkfost said the figures should be interpreted with caution, as a $2 billion institutional settlement transaction tied to Binance’s investment accounted for a significant share of new issuance and may have distorted the current numbers. Even so, Darkfost said USD1’s weekly trading volume on Binance is holding at $750 million to more than $2 billion, indicating steady growth in actual usage. Given Binance’s share of stablecoin trading, Darkfost said the trend points to meaningful growth. USD1 was launched in March last year by World Liberty Financial, which was co-founded by U.S. President Donald Trump’s family.