With crypto markets struggling and a look at Bitcoin’s green energy incentive, CoinDesk’s Markets Daily is back with the latest news roundup.

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This episode is sponsored by Kava and Nexo.io.

Today's Stories:

U.S. Stocks Decline; Treasury Yields Extends Drop

Stock Futures Tick Down Ahead of Claims Data, Powell Testimony

Transatlantic inflation surge fuels economists’ fears of overheating

Tesla Correlation to Big Tech Breaks Down. Blame Bitcoin

Many Jobs Lost During the Coronavirus Pandemic Just Aren’t Coming Back

SEC Further Delays WisdomTree Bitcoin ETF Decision

Australian Lawyers Propose Creation of a DAO Legal Entity

Italian Regulator Says Binance Is Unauthorized

Revolut Valued at $33B in $800M Fundraising Led by Softbank

Bitcoin's Lightning Network Node Count Doubles in 3 Months

ShapeShift to Shut Down, Airdrop FOX Tokens to Decentralize Itself Out of Existence

Another Bitcoin Investor Sues T-Mobile Over Sim Swap Attack

New York Giants Star Saquon Barkley Will Take All Future Endorsement Money in Bitcoin

Jerome Powell: CBDC Report Coming in Early September

White House Plans Ransomware Task Force

Vitalik Buterin Is Involved in a New Documentary

Las Vegas Strip Club Now Accepts Bitcoin Payments Over the Lightning Network

Featured Story: Bitcoin Is Already Incentivizing Renewable Energy | Daniel Kuhn