📉 Coinbase's net loss in the second quarter of 2022 was $1.1 billion - the trading volume on the exchange also decreased from $309 billion to $217 billion.
- According to the results of July the annual inflation in the US slowed down from 9.1% to 8.5%, while the forecast was 8.7%.
- Uzbekistan blocked access to the websites of eight crypto exchanges, including Binance, Kraken, FTX and Huobi.
- The German crypto bank Nuri, whose services are used by over 500,000 people has declared insolvency.
🚘 Elon Musk sold 7.924 million Tesla shares for $6.9 billion from August 5 to 9.
🔋 Cipher Mining launched a 40 MW mining center in Texas which is powered by a wind farm - the current capacity will allow mining up to 5.7 BTC per day.
🤡 British Lord David Curry wants to sue four crypto exchanges for $12 billion.
🧬 Tether and Circle, the largest issuers of USDT and USDC stablecoins, have supported the transition of Ethereum to Proof-of-Stake (PoS).
⚙️ Ethereum PoW fork supporters decide to cancel EIP-1559
⛔️ 12,000 social media accounts blocked in China for advertising cryptocurrencies
💰 Vitalik Buterin used Tornado Cash to donate to Ukraine
💵 DeFi project Injective Protocol raises $40 million from Alan Howard and Jump Crypto
🤝 Robinhood to pay $9.9 million in damages in technical failure case
👀 Hotbit exchange suspended trading and withdrawals
We've found Crypto in your hashtags, reshared to @crypto.defrag
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