America’s Credit Rating Helps Make Case for Bitcoin

Fitch’s downgrade of U.S. debt this week is a warning to American policymakers and r underscores why Bitcoin and other open monetary systems matter.Source

Is It 2022 Again? Comedian Adam DeVine Appears in Strange Ad for Crypto Exchange Bitget

The “Workaholics” co-creator and star is the face of Bitget’s new #SetForChange campaign, which released a new “Crypto & Beach Houses” video to kick off the partnership.Source

The Psychology of Failure and Its Meaning for Web3 Games

The possibility of not winning is among the motivations for gamers to participate because it gives them the opportunity to learn and improve.Source

Did Razzlekhan’s Husband Really Hack Bitfinex?

“Ilya is a f***ing idiot,” says former U.S. “Most Wanted” hacker Brett Johnson, who questions yesterday’s bombshell confession.Source

Crypto Investor HashKey Aims to Raise $100M for New Digital Assets Fund

The liquid digital assets fund, regulated by the Hong Kong Securities and Futures Commission, will open for investments on Sept. 1.Source

Miami Mayor Francis Suarez to Accept Presidential Campaign Donations in Bitcoin

Bitcoin-friendly Miami Mayor Francis Suarez will be accepting donations in bitcoin (BTC) and other crypto for his presidential campaign, he announced on CoinDesk TV on Friday.Source

Avalanche Blockchain Usage Grew in Second Quarter: Nansen

The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health level – increase significantly in the period.Source

Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates

It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.Source

Looter Behind $61M Curve Hack Starts Returning Assets, Raising Hope for Recovery

The exploited protocols offered a 10% bounty Thursday for returning the rest of the assets until the end f this week.Source

‘Suspicious’ Multichain Wallet Dumps $1.8M of WOO Network Tokens; Price Drops 8%

An Ethereum wallet funded by a beneficiary of the Multichain exploit has sold $1.8 million worth of WOO Network (WOO) tokens on Uniswap, causing the price to slump by 8%.Source