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ROLLUP: CZ to Jail? | Consensys sues SEC | IRS vs. Crypto | USDT in Telegram

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 26 April 2024

⏱️ 76 minutes

🧾️ Download transcript

Summary

Bankless Friday Weekly Rollup
Last Week Of April

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TIMESTAMPS & RESOURCES

0:00 Intro

4:19 Markets - Thanks Kraken

5:39 Total Crypto Market Cap

5:46 L2 Update - Brought to you by Mantle
https://l2beat.com/scaling/costs 

7:42 10M active wallets are using Ethereum ecosystem every week! 
https://twitter.com/RyanSAdams/status/1782756457915506876 

8:19 Base is the #2 chain for USDC Supply - Coinbase trying make a payment chain
https://vxtwitter.com/jessepollak/status/1783503518156136498 

9:48 ENTER RUNES
Runes changed the game for a day 
https://twitter.com/mikealfred/status/1781684678782791830 
https://www.okx.com/web3/marketplace/runes?channelid=ACEAP6502255 
https://twitter.com/ercwl/status/1782029205770744125?s=46 
https://twitter.com/hlopez_/status/1781501372200059336 
https://ycharts.com/indicators/bitcoin_average_transaction_fee 

22:56 ETF INFLOWS:
The inflows into BTC spot ETFs are not back yet 
https://twitter.com/carpenoctom/status/1783327357652042187 
https://x.com/EricBalchunas/status/1782740051929006496 
https://www.coindesk.com/business/2024/04/20/grayscale- reveals-015-fees-for-its-bitcoin-mini-tr 
https://twitter.com/thomas_fahrer/status/1781809562070442047 

28:03 Q1 ‘24 income statements for Ethereum and MakerDAO
https://twitter.com/tokenterminal/status/1782858613943321016 

33:01 CZ might spend 3 years in prison 
https://twitter.com/johnreedstark/status/1783107482325225947 
https://twitter.com/rizzn/status/1783199755541066103 
https://storage.courtlistener.com/recap/gov.uscourts.wawd.328570/gov.uscourts.wawd.328570.8 
https://twitter.com/RyanSAdams/status/1783195468840697896 

40:21 Samourai wallet founders arrested
https://twitter.com/RyanSAdams/status/1783222828361281847 
https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering 
https://x.com/RyanSAdams/status/1783254322894999978 

46:39 Consensys sues SEC
https://twitter.com/fintechfrank  

52:56 Renzo announced its token launch! 
https://x.com/RenzoProtocol/status/1783277589525594231 
https://www.bankless.com/renzo-madness 
https://twitter.com/DefiIgnas/status/1783083767449432189 
https://twitter.com/dcfgod/status/1782978862772814000?ref=bankless.ghost.io 
https://twitter.com/Ian_Unsworth/status/1783163546857099730 

58:57 Telegram allows USDT payments
https://twitter.com/ton_blockchain/status/1781294475219812665 
https://twitter.com/cstanley/status/1782459974313988281 
https://twitter.com/dannypostmaa/status/1783541623839740030 

1:00:17 OP is releasing its multichain upgrade!
https://twitter.com/OPLabsPBC/status/1780987940526534943 

1:01:09 Liam Shiba Inu raised $12M for its new chain 
https://x.com/treatsforShib/status/1782490407655592242 
https://shibarium.shib.io/ 

1:02:32 Lido is starting with DVT - Stake with friends - making lido more decentralized?
https://twitter.com/LidoFinance/status/1780317961854636384 

1:04:13 IRS keeps labeling self-custody wallets as brokers 
https://twitter.com/valkenburgh/status/1781380879476043940 
https://www.irs.gov/pub/irs-dft/f1099da--dft.pdf 
https://twitter.com/TheCryptoCPA/status/1781403340045197813 
https://twitter.com/jchervinsky/status/1782061785119367284 
https://x.com/lex_node/status/1782050294429319545 

1:08:09 Raises and BVC Investments 
Movement Series A
https://x.com/movementlabsxyz/status/1783511681928175791 
Othentic raised $4M in their seed round - RaaS for Eigen Apps
https://twitter.com/0xOthentic/status/1782378684369739781 

1:11:23 MEME of the Week
https://polymarket.com/event/nic-carter-vs-david-hoffman-Fight?tid=1714065541205 
https://x.com/nic__carter/status/1781676895291015477 

1:15:00 Closing & Disclaimers

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠ 

Transcript

Click on a timestamp to play from that location

0:00.0

Speaking of the meme coins we're going to talk about

0:01.5

Bitcoin and it's happening Bitcoin's not the meme coin but what happened on the

0:04.8

havening basically Bitcoin's meme coin event so the habding of course happened

0:09.4

last week and we've seen habings before it It's pretty much a non-event,

0:13.6

except for the fact that it just happened.

0:15.4

This one's different, though.

0:20.4

Bankless Nation, it is the last week of April.

0:23.4

It is time for your Bankless Weekly Rollup.

0:26.5

David, we got so much to talk about where are we starting.

0:29.5

The Bitcoin happening one week later.

0:31.8

How are the ruins doing? doing well they're probably doing better

0:34.7

than c z who might be sentenced to jail for how long what was the reaction to all of

0:39.5

that what else we got around d'

0:40.8

why are we smiling at cZ going to jail man?

0:43.0

That's like serious.

0:44.0

It was the transition between ruins and CZ that was funny.

0:47.0

Is it one of those awkward smiles that you know?

0:49.0

You hear tragic news and you smile like it's just one of those things.

0:53.0

It's just how you react to it, yeah.

0:54.7

We'll talk about that, we'll talk about how the

0:56.3

the crypto community is reacting.

0:57.8

I think it's a little bit different than SBF.

...

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