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Bankless

Is Crypto Dead? Fed Crashes Markets. Bored Ape Land Mint. Hop Airdrop. Solana Down.

Bankless

Bankless

Technology, Tech News, News

4.71.2K Ratings

🗓️ 6 May 2022

⏱️ 82 minutes

🧾️ Download transcript

Summary

1st Week of May, 2022

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Topics Covered:

0:00 Intro

4:00 MARKETS
4:20 BTC Price
5:10 ETH Price
6:31 ETH BTC Ratio
7:30 Crypto Market Cap

7:50 THE FED
https://twitter.com/NorthmanTrader/status/1520048451660226561?s=20&t=WsDzeddLzDPlD__LhyLbbA

13:15 Ethereum’s Q1 Results
https://twitter.com/banklesshq/status/1520140178878353410
16:05 Global Metrics
https://dune.com/hildobby/Ethereum-Overview
17:08 OP Stimpak
https://twitter.com/optimismPBC/status/1521577143364427777?s=20&t=OPbZKxvvbYFZRDvMbp4wXg
19:30 NFTs Booming
https://decrypt.co/99226/nfts-dead-opensea-daily-trading-record-476m-ethereum

22:15 RELEASES
23:00 Lido Centralization
https://scorecard.lido.fi/
26:12 ENS Constitution
https://constitution.ens.domains/
27:12 Etherscan Heatmap
https://twitter.com/etherscan/status/1521813183346151424

27:45 RAISES
28:00 Pangea
https://www.bloomberg.com/news/articles/2022-05-04/crypto-wunderkinds-secure-85-million-to-start-own-hedge-fund
28:48 Syndicate
https://twitter.com/SyndicateDAO/status/1521483151406600192

30:12 JOBS
https://pallet.xyz/list/bankless/jobs

30:00 NEWS
32:35 Hop Airdrop
https://twitter.com/HopProtocol/status/1520055351931985921
34:35 Bored Ape Mint Fiasco
https://coinmetrics.substack.com/p/state-of-the-network-issue-153
40:30 Fork Optimism
https://twitter.com/FUCORY/status/1520849858793402368
42:20 10k ENS Club
https://twitter.com/10kclubofficial/status/1520903265164091402
45:50 Starbucks NFTs
https://techcrunch.com/2022/05/04/starbucks-to-launch-nfts-this-year-offering-access-to-unique-experiences-and-benefits/

47:20 SOLANA GOES DOWN
https://twitter.com/solanastatus/status/1520508697100926977
49:20 Censorship Worries
https://twitter.com/nixxholas/status/1520509031751684096
51:23 Broken Record
https://twitter.com/TrustlessState/status/1521657185654116353?s=20&t=cgCZ5KCih_sZluVjKLjFfA

54:20 OTHER NEWS
54:39 Waren Buffet BTC
https://markets.businessinsider.com/news/stocks/warren-buffett-charlie-munger-bitcoin-crypto-cryptocurrency-investing-berkshire-hathaway-2022-4
56:30 PoolTogether Lawsuit
https://www.wsj.com/articles/crypto-savings-lawsuit-puts-principles-of-defi-to-the-test-11642069806
1:02:06 TRIBE Exploit
https://decrypt.co/99103/fei-protocol-offers-10m-bounty-after-80m-rari-capital-exploit

1:05:00 COMMUNITY QUESTIONS
https://twitter.com/wongisrite/status/1522054783200243712
1:06:54 Layer 2 Solutions
https://twitter.com/locopatron1/status/1522057520721801217?s=20&t=cgCZ5KCih_sZluVjKLjFfA
1:08:48 Sharding or Movie?
https://twitter.com/sharath_darsha/status/1522060962500554753?s=20&t=cgCZ5KCih_sZluVjKLjFfA

1:10:00 TAKES
1:10:28 Parasitic Layer 2s
https://twitter.com/ryansadams/status/1521503349773946882
1:13:06 Bad Take
https://twitter.com/pgaffney/status/1522038187782254593

1:16:28 What David’s Excited About
1:18:47 What Ryan’s Excited About

1:20:05 MEME of the Week
https://twitter.com/BanklessHQ/status/1521908752756080642?s=20&t=cgCZ5KCih_sZluVjKLjFfA

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures

Transcript

Click on a timestamp to play from that location

0:00.0

Right alert, this is an attack on DeFi.

0:02.4

I know I'm laughing, but it's also not funny.

0:04.4

They're coming for DeFi.

0:06.2

["Defi"]

0:09.0

Bankless Nation is the first week of May,

0:10.8

and it's Friday morning, so what time is it, David?

0:12.7

It's the Friday, Bankless Weekly, roll-up time, Ryan.

0:14.7

Where? We cover it.

0:15.7

The entire week of news in crypto,

0:17.8

which is always an ambitious endeavor yet,

0:19.7

we persevere nonetheless, Ryan.

0:21.6

What happened this week?

0:22.5

Look, man, so much happened this week.

0:24.2

Oh, first of all, David, by the way,

0:25.4

I'm excited to see you at Permissionless in person.

0:28.5

That's coming up really soon.

0:29.8

Yes, so we're going to meet in person for the first time.

0:31.7

We'll talk about that later, allegedly.

0:34.6

I am a real person of day.

0:36.0

I don't know where these rubies came from.

0:37.8

But what are we going to talk about this week?

0:39.2

First, we've got to start with the Fed watch.

...

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