📉 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