Coinbase Developer Platform Launches "Embedded Wallet" Service

On August 6th, as per Decrypt's report, the Philippine Securities and Exchange Commission (SEC) took action today by instructing major internet service providers to block access to ten overseas cryptocurrency exchanges, such as OKX, MEXC, Bybit, KuCoin, Bitget, Kraken, CoinEx, Phemex, BitMart, and Poloniex. Previously, the Philippine regulatory body had warned that cryptocurrency platforms were violating local regulations by providing services to Philippine residents without obtaining licenses and registrations. According to a new regulation that came into effect in June of this year, cryptocurrency service providers must register as local companies in the Philippines and hold a minimum paid-up capital of at least $1.8 billion.

On August 6th, as per Businesswire, the US-listed company Empery Digital (formerly Volcon) augmented its holdings by 88 BTC. Currently, its total holding amounts to 4,000.85 BTC. The cost involved is approximately $470 million, and the average acquisition price per BTC is $117,552.

On August 6th, according to Arkham Monitoring, 2 minutes ago, Grayscale transferred 8062 ETH to Coinbase Prime, with a total value of around $29 million.

August 6: Fed's Kashkari stated that the economy is decelerating and the Fed needs to respond to this economic slowdown. It may still be appropriate to adjust the policy rate in the short term. The answer regarding the inflation issue may take some time to become known, while the data on the economic slowdown is clear. Two rate cuts this year still seem to be appropriate. However, if inflation rises due to tariffs, the Fed may pause rate cuts or even raise rates. Adjusting the rate policy may be better than waiting. Unemployment rate data is of great importance, but the Fed is aware that this data may be revised. (FX168)

August 6th, in the White House, US: Apple (AAPL.O) is going to launch a new US manufacturing plan and enhance its US investment commitment by 100 billion dollars. President Trump will issue a statement regarding Apple today. (FX168) Previously, the White House announced that US President Trump will make a "statement" in the Oval Office at 4:30 pm Eastern Time on Wednesday (4:30 am Beijing Time the following day).

On August 6th, as per the monitoring of LookOnChain, the whale "BH84Uo" withdrew 9,295 SOL from a centralized exchange (CEX) 30 minutes ago. The withdrawn amount was worth $1.53 million. Subsequently, it purchased 1.6 million Fartcoin.