Today’s Top Crypto News – Wednesday 8/10/22

•U.S. Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps – CoinDesk

“Crypto markets responded positively after the slower-than-expected inflation reading, which takes some pressure off the Federal Reserve to continue to hike aggressively at the September meeting.”

•Nvidia ups its metaverse bet with new developer tools – CoinTelegraph

“The Nvidia Omniverse is launching a series of new tools for creators and developers in digital worlds to make life in the metaverse more realistic.”

•DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit – CoinDesk

“The project will use the funds to boost the utility of the INJ Token.”

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