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šŸ“ŗ ROLLUP: China Crypto Ban | NFTs & Bitcoin on Twitter | Compound Bug | Virgil Griffith

Bankless

Bankless

Tech News, Technology, News

4.7 • 1.2K Ratings

šŸ—“ļø 1 October 2021

ā±ļø 113 minutes

šŸ§¾ļø Download transcript

Summary

Last Week of September, 2021

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šŸ“£ ZERION | Your Gateway to the Metaverse! https://bankless.cc/ZerionĀ 

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BANKLESS SPONSOR TOOLS:

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šŸ‘» AAVE | LEND & BORROW ASSETS
https://bankless.cc/aaveĀ 

šŸ¦„ UNISWAP | DECENTRALIZED FUNDING
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Topics Covered:

0:00 Intro

8:15 MARKETS
8:45 BTC Price
9:18 ETH Price
11:45 ETH/BTC Ratio
12:39 DeFi Action
16:10 EIP 1559
https://dataalways.substack.com/p/below-the-surface-of-eip-1559Ā 
20:07 dYdX
https://twitter.com/AntonioMJuliano/status/1442234625120608256?s=20Ā 
24:06 Settlement Assurances
Nic’s Article: https://medium.com/@nic__carter/its-the-settlement-assurances-stupid-5dcd1c3f4e41Ā 
David’s Talk: https://youtu.be/z3ufil39z5oĀ 
34:39 Reserve Asset of DeFiĀ 
https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-a0eĀ 
35:48 Polygon Daily Active Addresses
https://twitter.com/MihailoBjelic/status/1443041767725674499?s=20Ā 
37:16 TracerDAO
https://tracer.finance/Ā 

39:00 RELEASE
40:00 Connext NXTP Protocol
https://www.coindesk.com/tech/2021/09/28/connext-launches-nxtp-protocol-to-improve-liquidity/Ā 
42:42 Andre’s OpenSea Competitor
https://www.coindesk.com/tech/2021/09/24/andre-cronjes-new-nft-marketplace-is-a-vampire-attack-suicide-pact/Ā 
45:25 Coinbase Direct Deposits
https://blockworks.co/coinbases-new-direct-deposit-feature-allows-users-to-get-paychecks-in-cryptoĀ 
47:45 USDC Enabled Funds
https://twitter.com/angellist/status/1442901252552101888?s=21Ā 
48:06 Affirm Super-App
https://www.bloomberg.com/news/articles/2021-09-28/affirm-to-debut-crypto-debit-products-in-push-toward-super-appĀ 
49:54 Polygon x Index Coop
https://twitter.com/crypto_texan/status/1443292276940316673?s=21Ā 
50:30 Nahmii 2.0
https://blog.nahmii.io/launching-nahmii-2-0-layer-2-commercial-scaling-for-ethereum-ee790a8af2d2Ā 
51:14 Roll Social Tokens
https://decrypt.co/82080/roll-raises-10m-expand-social-tokens-service-creatorsĀ 
52:21 Bankless Jobs
https://jobs.banklesshq.com/Ā 

53:00 NEWS
53:15 NFTs on Twitter
https://twitter.com/TheSmarmyBum/status/1443259893411049475?s=20Ā 
56:53 China Ban
https://www.bloomberg.com/news/articles/2021-09-24/china-deems-all-crypto-related-transactions-illegal-in-crackdownĀ 
Blocks: https://www.theblockcrypto.com/linked/118878/coingecko-coinmarketcap-blocked-china-internet-firewallĀ 
1:01:03 $23M Gas Tip
https://cointelegraph.com/news/bitfinex-paid-a-colossal-23m-fee-to-send-100k-of-usdtĀ 
1:02:58 Aave Arc & Fireblocks
https://www.theblockcrypto.com/linked/118822/permissioned-defi-platform-aave-arc-gears-up-for-launchĀ 
1:03:56 Compound Bug
https://twitter.com/rleshner/status/1443380518498848768?s=20Ā 
1:05:59 Axie Airdrop
https://twitter.com/AxieInfinity/status/1443536552211124230?s=20Ā 
1:07:20 ETH Staked
https://twitter.com/LidoFinance/status/1443259897878040578Ā 
1:09:53 Snoop & Sandbox
https://twitter.com/TheSandboxGame/status/1441069396567412736?s=20Ā 
1:11:49 Dapper NFL Top Shot
https://cointelegraph.com/news/dapper-labs-to-launch-top-shot-for-nfl-as-ftx-signs-the-packers-aaron-jonesĀ 
1:13:48 Lightning Network
https://www.theblockcrypto.com/linked/119025/bitcoin-lightning-network-capacity-reaches-all-time-highĀ 
1:15:36 Visa Payment Channels
https://www.theblockcrypto.com/post/119117/visa-universal-payment-channel-interoperability-cbdcĀ 
1:17:07 1inch Blocking US Trades
https://www.theblockcrypto.com/linked/119055/dex-aggregator-1inch-blocks-out-us-trades-in-preparation-for-separate-american-platformĀ 
1:19:44 CFTC vs Kraken
https://www.cftc.gov/PressRoom/PressReleases/8433-21Ā 
1:20:38 Wells Fargo Sucks
https://twitter.com/BanklessHQ/status/1443202690805293061?s=20Ā 
1:23:54 Sen. Lummis CBDC
https://www.theblockcrypto.com/linked/119035/senator-lummis-lays-out-principles-for-a-us-digital-currency-alongside-continued-role-of-private-stablecoinsĀ 
1:24:45 Virgil Griffith
https://twitter.com/ameensol/status/1442170786941444106?s=20Ā 

1:33:00 TAKES
1:34:00 Advice for the US
https://twitter.com/ryansadams/status/1442864882274107396?s=21Ā 
1:36:40 Protecting the Public?
https://twitter.com/ojuice_eth/status/1441406498186227720?s=20Ā 
1:39:27 Nerfing SEC
https://twitter.com/TrustlessState/status/1442846197085917187?s=20Ā 
1:41:38 Bankrupting Our Youth
https://twitter.com/BanklessHQ/status/1443549124062851075?s=20Ā 
1:43:38 Golden Age of Building
https://twitter.com/TrustlessState/status/1443603632973176835?s=20Ā 

1:45:26 What David’s Excited About
1:47:42 What Ryan’s Excited About

1:50:38 MEME of the Week
https://www.instagram.com/p/CT0z-FLloi0/?utm_medium=copy_linkĀ 

1:51:24 Closing & Disclaimers

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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.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, Bangladesh Nation. It is the fifth week and last week of September. And you know

0:12.1

what time it is, David Tellum. It is the roll-up time to roll up the entire week of

0:17.6

crypto, which, like I always say, is an ambitious endeavor in this industry. An insane

0:22.1

amount of things happen every single day, and we are going to roll up the last week of

0:26.2

September here on this Friday, bankless, weekly, roll-up. Ready, Ryan?

0:30.6

Yep, I'm ready. Enjoy this with your cup of coffee, guys. And David, it looks like you've

0:34.9

had a few cups of coffee. Looking good, man. You're back in your place, right off the road.

0:38.8

Yeah, and start contrast to a very, very tired hotel room weekly roll-up. I'm back in San

0:44.6

Diego with my setup, with my coffee in the morning. Multiple cups of coffee today. So,

0:49.4

yeah, it's going to be a fun weekly roll-up this week.

0:51.2

All right, guys, we have so much to cover. I think we're going to hit the China ban. They

0:54.8

banned crypto for the 500th time, but this time maybe they mean it. We're going to get

0:59.0

into that. We're also going to touch on NFTs on Twitter. Is this something blue checkmark?

1:04.0

We got to talk about Virgil Griffith as well, guys. So, this is going to be a jam-packed

1:07.7

roll-up for you.

1:08.7

A bunch of cool things mixed in with some unfortunate things. And the China ban actually

1:14.7

has some silver linings, which we're about to get into into the market section. The Virgil

1:18.7

Griffith story, no silver linings there. So, you're going to hear some frustration coming

1:23.9

out of me and Ryan later in the show. But, I think the coolest thing is Twitter, led by

1:28.3

Jack Dorsey, who only talks about Bitcoin, is did two things. Like you said, one was

1:33.9

integrate NFTs on their platform. So, you can get your verified NFTs. And you can also

1:39.1

tip with Bitcoin now with Twitter. So, they're doing two things. One's the theory and focus.

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