The United States' oil imports from Saudi Arabia have dropped to zero for the first time in 40 years. （Watcher.Guru）

BINANCE founder CZ confirms Thailand's exemption of capital gains tax on BITCOIN and cryptocurrency transactions. （The Bitcoin Historian）

According to MLM monitoring, the Trade.xyz fee receiving wallet transferred $3.25 million from the perpetual contract fee wallet to the spot account and began buying approximately 59000 HYPEs worth around $3 million through the TWAP strategy. On August 5th, Trade.xyz transferred 250000 USDC from the perpetual contract fee wallet to the spot account and used approximately 110000 USD to purchase 2000 HYPE, which were then used to purchase HIP-3 Ticks.

[U.S. Second Circuit Court of Appeals Upholds SBF Conviction and 25-Year Sentence] According to Cointelegraph, the U.S. Second Circuit Court of Appeals has rejected SBF's appeal, upholding his conviction on seven felony charges, a 25-year prison sentence, and an $11 billion forfeiture order.

Majority Whip John Barrasso of the United States Senate called for the passage of the Bitcoin Clarity Act during a Senate meeting, stating that the United States is safer and stronger in innovation. （The Bitcoin Historian）