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ROLLUP: Ethereum Foundation Sells $100M? | Telegram Founder Arrested | SEC Targets Opensea

Bankless

Bankless

Technology, Tech News, News

4.71.2K Ratings

🗓️ 30 August 2024

⏱️ 78 minutes

🧾️ Download transcript

Summary

Welcome back to the Bankless Friday Weekly Rollup. First up, why Telegram founder Pavel Durov was arrested in France and what it means for the future of privacy. Then, drama at the Ethereum Foundation as they sell $100M worth of ETH. And finally, the latest Wells Notice from the SEC, which company got it?
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TIMESTAMPS & RESOURCES
00:00:00 Start

00:02:22 Markets
https://pro.kraken.com/app/trade/btc-usd 
https://pro.kraken.com/app/trade/eth-usd 
https://farside.co.uk/?p=1518 
https://x.com/tokenterminal/status/1828049589305319792?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 
https://www.growthepie.xyz/fundamentals/total-value-locked 

00:06:23 Rate Cuts Incoming
https://www.federalreserve.gov/newsevents/speech/powell20240823a.htm 
https://x.com/RyanSAdams/status/1829156259062501574 

00:08:41 Stablecoin ATH
https://defillama.com/stablecoins 
https://x.com/PayPal/status/1828161802208985462 

00:13:14 When Pump?
https://x.com/2xdog/status/1826460239090385028/photo/1 

00:18:42 Telegram Founder Arrested
https://x.com/WatcherGuru/status/1827450423608795287?t=9gT6e4AmQL8qHc5gDA0Rrw&s=19 

00:21:01 What Are The Charges?
https://x.com/Cointelegraph/status/1828915121823068476 
https://x.com/RyanSAdams/status/1828122303047033327 

00:24:03 Encryption

00:27:47 Takes On This Issue
https://x.com/EmmanuelMacron/status/1828077245606342672 
https://x.com/VitalikButerin/status/1827602680388239582 
https://x.com/Kasparov63/status/1827819652535489007 
https://x.com/NoelleInMadrid/status/1827798993017127243 

00:30:45 TON's Reaction
https://x.com/ton_society/status/1827753299736674599 
https://x.com/ton_society/status/1828446248841441467 

00:36:36 Mark Zuckerburgs Letter
https://x.com/boblatta/status/1828516974269472936/photo/1 

00:39:46 Roman Storm's Battle
https://x.com/RyanSAdams/status/1828906357723955378 

00:46:34 Ethereum Foundation Sold $100M?
https://thedefiant.io/news/blockchains/ethereum-community-rattled-by-foundation-s-eth-sales-and-vitalik-s-defi-hate 
https://x.com/0xstark/status/1828416178194104342 
https://x.com/defiignas/status/1827287094705701318?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 

00:52:26 Does Vitalik Hate DeFi?
https://x.com/VitalikButerin/status/1827583576751181961 
https://x.com/kaiynne/status/1821020189594669398 
https://x.com/RhettShipp/status/1827911788488487047 
https://x.com/haydenzadams/status/1828452122385424718 
https://x.com/VitalikButerin/status/1828448417585971661 

01:01:51 Sony's Layer 2 - Soneium
https://x.com/soneium/status/1826832581897126367 

01:03:34 MakerDAO Rebranded To SKY
https://x.com/SkyEcosystem/status/1828405625828843710 
https://governance.aave.com/t/temp-check-buidl-gsm/18775 

01:05:47 Trump Harris Debate
https://x.com/disclosetv/status/1828505848504819978 

01:06:42 RFK Drops Out
https://x.com/watcherguru/status/1827059890549862600?s=46&t=iahr7Lh5v08SSM_Ery-bGw 

01:07:45 Trump NFTs
https://x.com/mdudas/status/1828575205276459258 

01:09:29 SEC Threatens To Sue Opensea
https://x.com/dfinzer/status/1828791832009953706?s=46 

01:12:37 Chainbound Raises $4.6M
https://x.com/chainbound_/status/1828047583090016308?s=46&t=dAxCjT2P_GIrJMvMgWIpfA 

01:13:22 Most Unattractive Hobbies...
https://x.com/nic__carter/status/1827862983034245338 

01:14:50 Moment Of Zen
https://x.com/songadaymann/status/1828885208227332591?s=46 

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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

Bankless Station, it is the last week of August.

0:05.8

It's time for the Bankless Weekly Rollup.

0:07.9

Telegram founder, Pablo Dorov, was arrested in France.

0:10.8

Why?

0:11.4

What are the charges?

0:12.4

What happened? And what does it mean for the future of

0:14.0

privacy with encrypted messaging apps? Also, does the Ethereum Foundation need to be a little bit more

0:19.2

transparent when they send a hundred million dollars of eith to Kraken.

0:22.8

And why does Vitalicate Defi?

0:24.8

Or does he maybe not?

0:26.4

We'll shed some light on all of this drama.

0:28.6

Also, another week, another nasty gram

0:30.9

from our friend at the SEC, Gensler what lucky company is

0:35.2

joining the ranks of companies that are in the targets of Gary Gensler in the SEC

0:40.4

somebody got a Wells notice, place your bets. Consider which awesome compliant

0:46.3

U.S. based company is now receiving a Wells notice. Place your bets. Think about it.

0:51.1

We'll come back to this later in the show.

0:52.4

Also, consider Gary Gensler's feelings on poking place your bets, think about it, and we'll come back to this later on the show.

0:52.6

Also, consider Gary Gensler's feelings on Pokemon cards and NFTs.

0:56.3

Does he think there are securities?

0:58.2

And speaking of NFTs, you know, Trump's got a new NFT program, he's rolling out?

1:01.7

It's like the fourth edition of the Trump card. We'll talk about that.

...

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