Crypto News Roundup for Aug. 11, 2021

With crypto markets looking optimistic and a breakdown of the recent Infrastructure Bill, CoinDesk’s Markets Daily is back with the latest news roundup.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

With crypto markets looking optimistic and a breakdown of the recent Infrastructure Bill, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Bitcoin Avoids Bear Market; Long-term Uptrend Intact

Bitcoin Price Rests Above Key Indicator Amid 'Return of Retail Investors'

Futures Steady Before Inflation Data; Bonds Drop

Rapid pace of US consumer price increases expected to level off

Stock Futures Hover Ahead of Inflation Data

US July Consumer Price Index Rose Slightly Faster Than Expected

Some People Shy Away From Restaurants as Delta Variant Spreads

SEC Needs More Authority to Regulate Crypto, Gensler Says

U.S. Government Wants a Greater Role in How Americans Access Internet

How Sweden became the Silicon Valley of Europe

Jamaica Mints the Country's First Batch of CBDCs

Ghana to Pilot CBDC With German Banknote Printer Giesecke+Devrient

FTX Market Share In BTC Futures Nearly Doubles Since June

PNC Bank Is Planning a Crypto Offering With Coinbase

A16z Leads $111M Token Sale for Helium's HNT

Venmo Credit Card Holders Can Now Trade Cash Back for Crypto

DeFi Has Accounted for Over 75% of Crypto Hacks in 2021

Poly Network Hacker Starts to Return Drained Funds

Crypto Panhandlers Beg Poly Network Attacker for Share of $613M Haul

Featured Story: What Just Happened With the Infrastructure Bill? - CoinDesk

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.