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Bankless

ROLLUP: Chaotic Era | Oil, Jobs, Credit | Nasdaq x Kraken | BlackRock Staked ETH | Roman Storm Retrial

Bankless

Bankless

Technology, Tech News, News

4.71.2K Ratings

🗓️ 13 March 2026

⏱️ 57 minutes

🧾️ Download transcript

Summary

Ryan and David break down a week where war hit markets, and the safe-haven playbook broke down. Oil spiked, gold failed, bonds sold off, the dollar caught the flight to safety, and crypto somehow bounced right through it. Then they unpack Trump’s public pressure campaign against banks over stablecoin yield, Kraken’s historic Fedwire breakthrough, and why crypto is starting to look less like an outsider and more like part of the financial core. Plus: Anthropic vs. the Pentagon, Erik Voorhees’ private AI push with Venice, fresh Aave governance drama, ZachXBT helping catch the $46M government crypto thief, and the New York Times calling crypto dead right on schedule. --- 📣FIGURE | CRYPTO-BACKED LOANS & ~9% RWA YIELD https://bankless.cc/Figure --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast  🪐GALAXY | INSTITUTIONAL DIGITAL FINANCE https://bankless.cc/galaxy-podcast  🏅BITGET TRADFI | TRADE GOLD WITH USDT https://bankless.cc/bitget 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 🐇MEGAETH | 1ST REAL-TIME BLOCKCHAIN https://bankless.cc/megaeth --- TIMESTAMPS & RESOURCES 0:00 Intro 3:22 Chaotic Era: 3 Signals Driving Markets https://imgur.com/UirRpZD https://pbs.twimg.com/media/HDEnyQQWwAAbwf1.jpg https://x.com/TheSalonDon/status/2031478190741328334 https://polymarket.com/event/will-crude-oil-cl-hit-by-end-of-march/?via=bankless https://fred.stlouisfed.org/series/GASREGW https://imgur.com/a/I13P5gv https://www.tradingview.com/chart/1CDu50yK/ https://www.tradingview.com/chart/1CDu50yK/ https://x.com/byheatherlong/status/2029914129654501425 https://x.com/TKL_Adam/status/2029655785282887772 https://x.com/KobeissiLetter/status/2031714633581469751 https://polymarket.com/event/us-recession-by-end-of-2026/?via=bankless https://financialpost.com/fp-finance/jpmorgan-limits-private-credit-lending https://x.com/adamscochran/status/2031718465044701376 https://www.reuters.com/business/blackrock-limits-withdrawals-private-credit-fund-redemptions-mount-2026-03-06 20:44 Kraken + Nasdaq: Tokenized Stocks https://x.com/fintechfrank/status/2030979714001621138 https://x.com/krakenfx/status/2030964578117398617 https://x.com/xStocksFi/status/2030963704024740126 https://x.com/markchadwickx/status/2031068859101565118 https://x.com/EricBalchunas/status/2030988246864286036 25:33 DOJ Retries Tornado Cash Developer Roman Storm & Treasury Report on Crypto Privacy & Mixers https://x.com/amandatums/status/2031176790484374012 https://x.com/rstormsf/status/2031204201418883256 https://www.bankless.com/read/jay-claytons-crypto-war https://x.com/BitcoinMagazine/status/2030995739795472464 https://x.com/L0laL33tz/status/2031025281532645838 https://home.treasury.gov/system/files/246/GENIUS-Act-Illicit-Finance-Innovation-Congressional-Report-March-2026.pdf https://x.com/theragetech/status/2031349077342859477 36:39 SEC + CFTC Coordination https://x.com/SECGov/status/2031830716628029565 https://x.com/SECPaulSAtkins/status/2031834357082832949 39:05 BlackRock Launches Staked ETH ETF ($ETHB) https://x.com/Bankless/status/2032108386938929322 https://www.ishares.com/us/products/348532/ishares-staked-ethereum-trust-etf 42:10 Across Protocol DAO → C-Corp Proposal https://www.coingecko.com/en/coins/across-protocol https://x.com/hal2001/status/2031737518505537907 https://x.com/RyanSAdams/status/2031831233722999111 https://x.com/defiignas/status/2031761413006626934 46:58 Polymarket + Palantir Partnership https://x.com/shayne_coplan/status/2032108237932159113 49:31 AI Backlash & Data Center Moratorium https://x.com/SenSanders/status/2031868041940660673  https://x.com/nick_field90/status/2030700617295860074 https://fortune.com/2026/03/09/ai-opinion-poll-democrats-iran-war-president-donald-trump https://x.com/brianstelter/status/2030635638823801333 https://x.com/kevinroose/status/2031397522590282212 55:52 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Transcript

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0:00.0

Bankless Nation is the second week of March. It's time for the bankless weekly roll-up. We got some jittery markets today. You know, Vitalik...

0:11.3

We got a jittery world. Yeah, jittery world. You know, Vitalik calls this the chaotic era. I saw him tweet something about that this week. I think that's, we've moved from the stable era to the chaotic era.

0:21.4

We're feeling that in the markets. Wars, we got AI, just overall jitters in the market. There's three things, though, we're paying attention to. We're going to talk about them. Oil, jobs, private credit, and how all those things affect crypto. Lots of big announcements on the crypto side of things as well. Crackin and the NASDAQ announced a partnership to issue and trade real tokenized stocks, not the fake ones, the real ones, on which chains, a few chains are going to be the winners here. And also, breaking news, as of today, BlackRock has released its long-awaited, staked E-E-T-F.

0:55.7

Finally, wow.

0:57.7

Just in the phase of the market where no one cares.

1:00.9

So we're going to talk about how to, we're going to pop up in the hood, talk about how that works, what of the fees, what's the stake rate, how all of that is going on the week.

1:07.9

There's also some disappointing news on the week.

1:10.2

The DOJ has decided it wants to retry the tornado cash case with Roman Storm.

1:15.1

I thought that was done.

1:16.9

Can we really say America is the crypto capital of the world if we're going and we're

1:20.2

prosecuting our open source privacy developers, David?

1:22.9

We've got to talk about that.

1:24.1

Also, maybe the Democrats, though, would be worse for crypto in the White House.

1:28.8

Bernie Sanders has introduced a moratorium on AI data centers. David, we have to have a discussion

1:34.7

about the coming AI tech backlash that I think the two of us both see. So you know how in

1:41.4

2022 and 3 post-FTX the Democrats came with their banhammer on crypto and tried to regulate crypto out of existence?

1:49.0

And then crypto banded together and made the Fair Shake super PAC and a bunch of other super PACs.

1:55.1

I think we are, AI is in the phase of their political lifespan where the Democrats come and try and banhammer

2:04.2

them and they're going to need to rally together and fund and they're way more organized

2:09.4

than crypto. I think they're already doing this. There's a lot to unpack there. So let's get to it.

2:13.4

Our friends and sponsors over at Figure, who are the number one non-bank helock lender in the United States.

2:19.4

They're bringing institutional grade defy to the masses.

...

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