Decentralized Stablecoins Take Off, Investing in Web3 with Tangent

🚨 In Case You Missed It

• US CPI increased by 8.5% in July versus last year, lower than the expected rise of 8.7% as well as lower than previous month’s rise of 9.1%.
• Curve Finance reported and fixed a name server exploit which resulted in the loss of $612k worth of assets.
• Coinbase reported Q2 earnings with revenue at $808 million and net loss at $1.1 billion. Revenue declined 64% versus last year as cryptocurrency prices fell.
• Hotbit Exchange suspended trading, deposits and withdrawals as senior managers were subpoenaed for allegedly violating c