ROLLUP: First Week of December
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 4 December 2020
⏱️ 51 minutes
🧾️ Download transcript
Summary
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BTC Price
- Hit ATH
- BTC on Ethereum down 3,300 BTC from 151,700 to 147,400!
ETH Price
- Extremely volatile lately!
- Bouncing between $570 and $620
- Currently $615
- David thinks its launch time, any minute now
Is $ETH Bitcoin in 2015? https://twitter.com/IamCryptoWolf/status/1333720041553088515?s=20
ETH p/s is 86!!! Lower than Zoom
TVL in DeFi
- $14.1B to $14.7B
- $DPI: $108 to $116.30
Stablecoins
- $20B of them
https://twitter.com/lawmaster/status/1334124165033549826?s=20
https://www.coindesk.com/stablecoins-asset-value-20-billion
DeFi Lending ATH
- $7.6B in November, up 88% since October
https://twitter.com/lawmaster/status/1334124188421009408/photo/1
RELEASES
The first block of Ethereum 2.0 was mined!
https://beaconscan.com/slot/1
Ether Capital prospectus
https://drive.google.com/file/d/1sZb6mMlRoGl6UZNf7rzNadUdL76vnY-J/view
- A really good read for understanding how publicly traded companies speak about ETH and Ethereum
- Ether capital running a staking node
https://www.businesswire.com/news/home/20201201005696/en/Ether-Capital-Corporation-Announces-Initial-Commitment-to-Staking-on-Ethereum-2.0
Centralized Staking-as-a-Service providers are flocking
- Binance
https://twitter.com/binance/status/1333762624731930627?s=20
2x rewards??
Tim Roughgarden EIP1559 report
http://timroughgarden.org/papers/eip1559.pdf
- Highly anticipated, long-awaited, in-depth academic report on EIP1559
- Take off all remaining breaks on EIP1559
https://twitter.com/nicksdjohnson/status/1334261078692306944?s=20
Vitalik comprehensive Ethereum roadmap
https://twitter.com/vitalikbuterin/status/1333922620857745408?s=21
Aave V2 is on Mainnet
https://medium.com/aave/the-aave-protocol-v2-f06f299cee04
Loopring built an AMM on it’s zkRollups L2
https://medium.com/loopring-protocol/looprings-zkrollup-amm-is-live-2f8251cd0fcd
- Looks like Uniswap, but acts like Loopring
Fireblocks
https://www.fireblocks.com/blog/fireblocks-defi-for-institutional-trading-lending-and-staking/
- Institutional bridge for yield in DeFi?
Gnosis Safe introduces spending limits
https://blog.gnosis.pm/gnosis-safe-spending-limits-f05b775d06b3
- One more step in replicating the legacy experience with crypto-infrastructure
Track Whale traders on Uniswap
https://www.uniwhales.io/
Staking Liquidity services cropping up
https://www.stafi.io/
https://lido.fi/
- Sign of things to come!
NEWS
ETH 2 in the mainstream news
https://www.cnbc.com/2020/12/01/ethereum-2point0-eth-cryptocurrencys-network-starts-a-major-upgrade.html
Visa Partners with Circle / USDC to get USDC to run through the Visa network
https://www.forbes.com/sites/michaeldelcastillo/2020/12/02/visa-partners-with-ethereum-digital-dollar-startup-that-raised-271-million/amp/?sh=2857044f4b1f&__twitter_impression=true
S&P index for crypto:
https://twitter.com/RyanSAdams/status/1334499320838631424?s=20
Bad Governance:
Rashida Tlaib introduces legislation around stablecoins and banking
https://tlaib.house.gov/media/press-releases/tlaib-garcia-and-lynch-stableact
Good Governance:
Canada accelerating digital currency plans
https://decrypt.co/50213/bank-of-canada-digital-currency-pandemic
Libra rebrands to Diem ahead of 2021 launch
https://www.coindesk.com/libra-diem-rebrand
China has seized over $4.2B from the PlusToken Ponzi https://www.theblockcrypto.com/post/85873/china-seize-billion-cryptos-from-plustoken-crackdown
194,775 BTC - $3.3B
833,083 ETH - $435M
Oracle failure leads to $88M in liquidations in Compound
https://www.theblockcrypto.com/post/85850/dai-compound-dydx-liquidations-defi
- DAI price spiked to $1.30 on Coinbase, which Compound uses as an oracle.
- 124 unique accounts got liquidated
- It is worth noting that such massive liquidations at Compound have occurred for the first time.
More Ethereum nodes than Bitcoin nodes
https://twitter.com/etherchain_org/status/1333173744089640960?s=20
- Bitcoin = 10,981
- Ethereum = 11,137
Venezualean government continues to leverage Bitcoin out of necessity
https://cointelegraph.com/news/venezuelan-army-starts-mining-bitcoin-to-make-ends-meet
- Making revenue via Bitcoin mining
Transcript
Click on a timestamp to play from that location
| 0:00.0 | We are looking for a mobile wallet to hold and access your crypto assets. |
| 0:05.3 | You need to go to argint.xyz and download the argint smart contract wallet onto your |
| 0:10.3 | Android or iOS device. |
| 0:13.1 | Argent is one of the most secure ways to hold your crypto assets on your mobile device |
| 0:17.5 | while still being able to access all the DeFi products and services that we know and love. |
| 0:22.8 | Argent has enabled one tap access to all the DeFi applications that we all use the most |
| 0:27.2 | and recently onboarded into the argint app is the Y-Earn vaults. |
| 0:31.8 | You can now access yield from a specific vault from Y-Earn and then Y-Earn handles the |
| 0:36.4 | rest. |
| 0:37.4 | Also new to Argent is Balancer and being able to supply liquidity to Balancer pools |
| 0:42.2 | and also receive BAL rewards for doing so all from your Argent wallet. |
| 0:47.5 | One of Argent's newest features is the ability to route trades and swaps through the various |
| 0:52.2 | liquidity pools in the ecosystem, ensuring that you always receive the best rates when |
| 0:56.7 | you trade inside of Argent. |
| 0:59.2 | Argent has done a ton of effort into making sure that your assets are as safe as possible. |
| 1:04.4 | They have social recovery options with their guardians feature, making sure that any trusted |
| 1:08.9 | friend or family member can restore your access back to your Argent wallet if you were to |
| 1:13.8 | ever lose or break your phone. |
| 1:16.0 | There's also some simple account features such as sending limits and whitelist accounts, |
| 1:20.3 | making sure that your money doesn't ever do anything that you don't explicitly approve. |
| 1:25.2 | In order to see the Argent wallet in action, go to argent.link-bankless and download |
| 1:31.6 | the app. |
... |
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