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South Korean exchange Upbit announced it will delist BONK at 6:00 a.m. UTC on Sept. 7.

Bithumb removes BONK from delisting watchlist South Korean exchange Bithumb announced it has removed Bonk (BONK) from its delisting watchlist.

A Michigan federal court denied Coinbase’s motion for a preliminary injunction seeking to block continued state enforcement against sports event contracts before a full trial on the merits.

The People’s Bank of China’s Shanghai headquarters reaffirmed its stance of continuing to prevent and crack down on risks tied to cryptocurrency trading and speculation, The Paper reported. At a second-half work meeting for this year, the central bank presented the measure as a key task, according to the Chinese online outlet. It also plans to standardize online marketing of financial products by institutions under its jurisdiction and step up enforcement against illegal financial activity.

Vbridge, the provider of the Dollar Parking service that lets users trade tokens tracking U.S. stocks and exchange-traded funds using the dollar stablecoins USDT and USDC, is targeting $100 million in cumulative trading volume by the end of this year, CEO Park Jung-hyun said in an Edaily interview. Vbridge is an official partner of Ondo Finance and supports 66 instruments centered on tokenized stocks issued by Ondo Finance, including 42 individual stocks and 24 ETFs. Orders are routed to the decentralized exchange UniswapX, where liquidity providers compete to execute them. The service uses a non-custodial structure and does not directly hold user assets, with assets kept in users' own wallets throughout the trading process.

Bitcoin whales have added about $1.2 billion worth of BTC since July 29 as demand from institutions and other large investors shows signs of recovering, offsetting some market concerns tied to delays to the Clarity Act, CoinDesk reported. CoinDesk said on-chain data and ETF fund flows both point to a rebound in large-investor demand. Whale wallets holding between 10 and 10,000 BTC accumulated more than 20,000 BTC over the period, with the buying taking place while Bitcoin repeatedly moved within a $65,000 range. Retail investors, by contrast, have been selling, moving in the opposite direction from large investors. CoinDesk added that the longer whale accumulation and retail selling continue, the more likely BTC is to break above $70,000 rather than fall below $60,000.

South Korean crypto exchange Upbit announced it has applied changes to the SKR circulation schedule at the request of Sakura (SKR). As of August, SKR’s circulating supply plan was raised by 24,484,169 tokens to 6,959,239,000 from 6,934,754,831.

A hacker who stole 2,055 BTC, worth about $130 million, in the Coldcard hack has resumed moving funds, according to Lookonchain. About one hour ago, the hacker transferred 30.185 BTC, worth roughly $1.94 million, to a new wallet.

A whale that had been dormant since 2011 transferred 50 BTC worth $3.2 million about eight hours ago to an address with a past record of depositing BTC to FalconX, CoinDesk reported.

An anonymous address known as an early Ethereum investor spent a total of $9.1 million over the past two months to buy 3.91 million LIT at an average price of $2.33, according to Lookonchain. The whale has continued accumulating LIT recently, the data showed.

U.S. spot Ethereum ETFs recorded about $92.1 million in net inflows on Aug. 6, marking a third straight trading day of net inflows, according to Farside Investors. - BlackRock ETHA: +$81.1 million - BlackRock staking ETHB: +$2.0 million - Fidelity FETH: +$1.4 million - Grayscale ETHE: +$3.1 million - Grayscale Mini ETH: +$4.5 million

U.S. spot Bitcoin ETFs see $137.6M net inflow for fourth straight session U.S. spot Bitcoin ETFs recorded about $137.6 million in net inflows on Aug. 6, marking a fourth consecutive trading day of net inflows, according to Farside Investors. - BlackRock IBIT: +$128.3 million - Fidelity FBTC: +$11.2 million - Bitwise BITB: +$1.7 million - VanEck HODL: -$32.8 million - Morgan Stanley MSBT: +$14.9 million - Grayscale GBTC: +$7.5 million - Grayscale Mini BTC: +$6.8 million

BIP-110 signaling to begin in about 40 hours, Bitcoin Knots advocate says Dathon Ohm, a supporter of BIP-110, said signaling for the proposal will begin in about 40 hours. BIP-110 aims to reduce the amount of data that can be stored in Bitcoin transactions, restricting non-monetary transactions such as Ordinals. Ohm warned that once the signaling begins, blocks produced by miners that do not signal BIP-110 would be treated as invalid. Since the Bitcoin Core client does not enforce that rule, Ohm recommended upgrading to a Bitcoin Knots node. This does not represent a formal consensus across the broader Bitcoin ecosystem or an official agreement by Bitcoin Core developers. If most hash power does not enforce BIP-110, miners and node operators running nodes that apply only that rule could become isolated from the network’s majority chain, requiring careful technical review.

Ji Kim, CEO of the U.S. Crypto Council for Innovation, said the delay of a vote on the Clarity Act until September was disappointing, but the overall direction remains unchanged. According to The Block, Kim added, "our efforts will not stop here." CoinNess previously reported that the U.S. Senate had pushed back the Clarity Act vote to September.

South Korean exchange Upbit announced the addition of Blockstreet (BSB) to KRW, BTC and USDT trading pairs.

Tiger Research said in a report titled 'Regulatory Analysis of Asia’s Prediction Markets Missing Out on 60 Billion Won' that Asian regulators have yet to establish a classification framework to bring prediction markets into the regulatory fold, effectively leaving them in a gray area. The Asia-focused Web3 research and consulting firm added that as user inflows cannot be fundamentally blocked regardless of whether regulations are in place, this policy vacuum is causing side effects including missed opportunities to secure new tax revenue and gaps in consumer protection.

Bithumb announced the addition of Blockstreet (BSB) today at 6:00 a.m. UTC.

An MEV bot operator identified as Jaredfromsubway lost 264 ETH, worth $505,000, while trading ETH with stolen funds, according to Lookonchain. The hacker stole about $7.7 million a month ago and swapped the funds into ETH. Jaredfromsubway later sold 2,327 ETH for $3.94 million at an average price of $1,695, then used a similar amount of capital to buy back 2,063 ETH at $1,912 per token, reducing holdings by 264 ETH.

Sui to add NIST-approved post-quantum signature methods Sui will adopt two post-quantum signature schemes approved by the U.S. National Institute of Standards and Technology, The Block reported. The move will allow users to optionally use keys resistant to quantum computing attacks that are generated from existing recovery phrases. According to a recent announcement, the Sui blockchain network plans to add ML-DSA-65 as a default protocol-level signature method for standard accounts and introduce the hash-based SLH-DSA-SHA2-128s within Move smart contracts for high-value asset vaults.

South Korean exchange Upbit announced the addition of KMNO for trading.

The U.S. Senate has decided to delay a vote on the CLARITY Act until September, Crypto in America host Eleanor Terrett said, citing Politico.

Crypto market structure bill CLARITY faces a crucial test today, host Eleanor Terrett of Crypto In America said, as its prospects for Senate action before recess hinge on whether procedural momentum holds tonight. Terrett said negotiations on the bill have reached a critical juncture, with attention focused on possible White House revisions to a bipartisan ethics-related proposal and on whether Senate Majority Leader John Thune will file cloture tonight to begin floor consideration. Concern is growing among both Democrats and Republicans that if a cloture vote fails, the legislative push that has continued over the past year could collapse, while the industry and Republicans are increasing pressure to move the bill before Congress enters recess. Yield-related provisions are also becoming a bigger flashpoint, and calls to revise the bill’s language are gaining traction as more lawmakers push for changes and a Wall Street Journal opinion piece adds momentum to those demands, Terrett said. Observers in and around Congress increasingly expect that if Thune does not file for cloture tonight, passing the CLARITY bill before recess will become difficult.

HyperLabs, the development team behind Hyperliquid, is estimated to have deposited 433,000 unstaked HYPE worth $24.25 million to exchanges via crypto market maker Flowdesk, AmberCN reported. Exchange deposits are typically seen as intended for selling.

Pump.fun deposits $6.3M in SOL to Kraken for fee monetization

Bitcoin miners continue transferring BTC to NYDIG Bitcoin miner MARA deposited 200 BTC worth $12.86 million to crypto lender New York Digital Investment Group (NYDIG) 10 hours ago, according to Lookonchain. Riot Platforms also deposited an additional 381 BTC worth $24.51 million to NYDIG 10 hours ago.