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ROLLUP: Ledger Recovery Concerns | Ethereum Finality Issues

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 19 May 2023

⏱️ 98 minutes

🧾️ Download transcript

Summary

Bankless Weekly Rollup
3rd Week of May 2023 

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🚀 AIRDROP ALPHA 🚀
https://bankless.cc/Alpha 

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🚀 Consensys Diligence Fuzzing
https://bankless.cc/diligence-fuzzing-pod 

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BANKLESS SPONSOR TOOLS: 

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
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🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE
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👾STADER LABS | ETHX LIQUID STAKING
https://bankless.cc/Stader 

⚖️ ARBITRUM | SCALING ETHEREUM
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🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
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🎮IMMUTABLE | GAMING ECOSYSTEM
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🛞MANTLE | MODULAR LAYER 2 NETWORK
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Topics Covered

0:00 Intro

2:55 MARKETS
5:00 ETH Staking Update
https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators 
Monitor: https://validator-queue-monitoring.vercel.app/ 
7:00 Macro Market Trends
https://www.cnbc.com/2023/05/15/paul-tudor-jones-says-the-fed-is-done-raising-rates-stocks-to-finish-the-year-higher-from-here.html 
11:20 Liquidity Drying Up
https://twitter.com/ramahluwalia/status/1657924211770380290  
https://www.youtube.com/watch?v=qbr8965IYfo&t=3830s 
13:30 The Bore Market
https://twitter.com/sassal0x/status/1656857007385894912 
14:50 The Promise of Crypto
https://twitter.com/RyanSAdams/status/1659177889428914177 
16:30 Layer Two Activity
https://l2beat.com/scaling/tvl 

21:30 What Happened to Ethereum?
https://twitter.com/0x_Osprey/status/1659019122548830209 
24:40 Client Diversity
https://clientdiversity.org/#why 
27:15 Not a Monolith
https://twitter.com/TrustlessState/status/1657316158729494528 
29:30 Block Reorgs
https://www.youtube.com/watch?v=QkMjcqVEARc 

33:15 Is Ledger Safe?
https://www.ledger.com/recover 
36:30 Ledger Comms
https://twitter.com/Ledger_Support/status/1658892462440456192 
40:10 Canceling Ledger
https://twitter.com/oklahodl1/status/1658580508320620546 
https://twitter.com/0xfoobar/status/1658460603831263232 
https://twitter.com/Mudit__Gupta/status/1658368265687556097 
https://twitter.com/hosseeb/status/1658740433361702913 
43:25 Did They Do Anything Wrong?
https://twitter.com/0xfoobar/status/1658965272416452609 
49:00 Redundancy
https://twitter.com/TrustlessState/status/1658788949165322242 

51:00 Coinbase vs the SEC
https://twitter.com/MetaLawMan/status/1656737447756038177 
53:30 Gary Speaks
https://twitter.com/ROCKilroy/status/1658206561125146630?s=20 
55:00 Summary
https://twitter.com/milesjennings/status/1658515975170555904 

58:00 Nike Dot Swoosh
https://www.swoosh.nike/location 
1:01:10 Optimism Bedrock
https://twitter.com/optimismFND/status/1658202279147601921 
Polynya: https://twitter.com/apolynya/status/1658312190577836032 
1:04:05 Worldcoin OP
https://worldcoin.org/blog/announcements/worldcoin-commits-optimism-superchain-vision-ahead-mainnet-launch 
1:04:55 Lido v2
https://twitter.com/LidoFinance/status/1658195242149879824 
1:05:20 PayPal MetaMask 
https://metamask.io/news/latest/metamask-and-paypal-all-you-need-to-know-about-buying-eth/ 
1:06:30 On-Chain Cease & Desist
https://twitter.com/zachxbt/status/1659078481228058624 
1:08:00 DRC-20s on Dogecoin
https://bitinfocharts.com/comparison/transactions-btc-ltc-doge.html#3m
Doge Maxis: https://twitter.com/938433911/status/1657961759322562560 
1:09:45 EU MiCA Just Passed
https://www.consilium.europa.eu/en/press/press-releases/2023/05/16/digital-finance-council-adopts-new-rules-on-markets-in-crypto-assets-mica/ 
1:11:00 Do Kwon Bail
https://www.theblock.co/post/230575/do-kwon-bail 
1:12:15 Sam Altman Congress
https://twitter.com/BanklessHQ/status/1658498249727307776 

1:19:00 Questions from the Nation

1:25:00 David’s Shirt
https://twitter.com/TrustlessState/status/1659182411467350016 
1:26:40 Abandoning Wallets
https://twitter.com/0xDesigner/status/1658851890803744768 

1:28:00 What David’s Bullish On
https://imgur.com/vlEaQMG 
1:29:25 Permissionless Spaces

1:30:15 What Ryan’s Bullish On
https://twitter.com/RyanSAdams/status/1658660759352614914 
https://twitter.com/MetaVsGaming/status/1658687862269771777 

1:36:40 MEME of the Week
https://twitter.com/MinisterOfNFTs/status/1657793552808656900 
https://twitter.com/balajis/status/1657879440146444288 

1:37:15 Moment of Zen
https://twitter.com/linusekenstam/status/1657083568231702528 


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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.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures 

Transcript

Click on a timestamp to play from that location

0:00.0

Is your ledger safe or should you throw it

0:02.0

down the toilet?

0:03.5

Ethereum's got a finality outage.

0:06.0

Is it safe or should you also throw it down the toilet?

0:08.3

You don't know.

0:09.2

You don't know.

0:12.3

Bacchless Nation, it is the third Friday in May

0:15.4

and it's morning time on Friday or afternoon time.

0:18.5

Actually it's not.

0:19.8

It is.

0:20.6

It is 4.40 pm.

0:22.4

All right, well it's morning for me, David.

0:23.9

I can't wait to have you on the East Coast,

0:25.3

but you're still in Montenegro.

0:26.6

But okay, this intro is going long.

0:28.7

We got something to tell him.

0:29.8

It's time for the what?

0:31.7

Bacchless Friday, weekly rollup where we cover

0:33.6

the entire weekly news in crypto,

0:34.9

which is always an ambitious endeavor

0:36.2

yet we persevere nonetheless into the frontier.

0:38.0

It's going to be a long one today,

...

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