ROLLUP: The Debate | 1st DeFi Congress Hearing | ENS joins PayPal/Venmo | Coinbase’s cbBTC

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Tech News, News, Technology

4.8 • 1.1K Ratings

🗓️ 13 September 2024

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week in crypto, the Trump vs. Harris debate sparked chatter, but did the markets react? DeFi had its first U.S. congressional hearing—how’d it go?

Friend.tech burned its keys—abandoning? ENS integrated with PayPal and Venmo, while Coinbase launched their cbBTC, and Sony might release a stablecoin.

Plus, did we see “war mode” Vitalik this week?

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TIMESTAMPS & RESOURCES

0:00 Intro

5:21 Markets
https://farside.co.uk/?p=1518
https://x.com/biancoresearch/status/1832806811088638440
https://x.com/matt_hougan/status/1833149076722081906
https://www.cbsnews.com/news/inflation-cpi-fed-readies-to-cut-rates-next-week/
https://www.tradingview.c om/symbols/FRED-WALCL/
https://x.com/sonyasunkim/status/1832114732326957274

18:02 House lawmakers ended up divided in 1st Congressional DeFi hearing
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409354
https://x.com/fund_defi/status/1833556632027955694
https://x.com/coinage_media/status/1833593592373243915
https://x.com/NeerajKA/status/1833530974212387228
https://x.com/rohangrey/status/1833543531228762323
https://x.com/jchervinsky/status/1833557017023459526

27:29 The Debate - they didn’t mention crypto!
https://x.com/CNN/status/1833703753179857334
https://x.com/erikvoorhees/status/1833705605045051850
https://polymarket.com/event/who-will-win-the-debate-according-to-polls
https://polymarket.com/event/presidential-election-winner-2024?tid=1726028429396
https://x.com/shayne_coplan/status/1833127734844789106
https://x.com/Polymarket/status/1833679653191512442
https://www.theblock.co/post/315808/presidential-debate-risk-off-crypto
https://x.com/MikeIppolito_/status/1833874331539034448

36:49 War mode vitalik? If its not stage 2, its not a rollup
https://x.com/vitalikbuterin/status/1834061075970683367

39:01 zkSync Stage 1? & New CMO?
https://blog.zknation.io/zksync-governance-system/
https://x.com/the_matter_labs/status/1833894141052494218

42:41 Sony Stable Yen
https://x.com/delzennejc/status/1833243834563650038

43:21 Friend.Tech team renounces control of smart contracts
https://x.com/friendtech/status/1832581118165709140
https://x.com/functi0nZer0/status/1833178200685318213
https://x.com/MacroMate8/status/1833393620407488542
https://x.com/friendtech/status/1833259362711986335

47:06 EigenLayer announced Season 2 Stakedrop!
https://blog.eigenfoundation.org/season-2-stakedrop/

48:55 ENS was integrated with PayPal and Venmo!
https://x.com/ensdomains/status/1833536140529570039
https://x.com/brantlymillegan/status/1833568986547818820?

50:16 Coinbase Bitcoin - cbBTC released!
https://x.com/coinbase/status/1834208544247144949
https://x.com/jessepollak/status/1833603913888764064?s=46&t=2ZINVXJQKx6xO_6Wiiu_2gb

55:04 David Fighting at Permissionless

58:01 Closing & Disclaimers

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Transcript

Click on a timestamp to play from that location

0:00.0	Bankless
0:03.8	station happy second week of September. It is time for the Bankless Weekly Rollup David. You and I are back to our natural habitat which is
0:10.5	looking at each other through screens rather than being person together.
0:14.3	That's right.
0:15.3	I got a moment of 3D Ryan this last week and man it was weird.
0:19.6	It was a little too real.
0:20.8	It's not great, is it? There's like, quick, let's leave, let's go back to screens.
0:25.0	Make this normal again.
0:27.0	Chat over discord please.
0:28.0	And you're actually in Lisbon, so you're all the way in Spain now.
0:31.0	Yes.
0:32.0	Yes. I have gone from New York from Argentina to New York to
0:35.8	Lisbon haven't done a weekly roll up in New York actually you and I live very
0:39.1	different lives let me just tell you that with respect to our travel. It's great. Okay, but I know you caught
0:44.9	this. This is a question for the bankless nation. One of the things we're going to talk
0:47.8	about today is the Trump versus Harris debate. Did you enjoy it? Did the
0:52.6	the crypto prices enjoy it? That's the question.
0:55.4	Defi had its debut in the first hearing around Defi, specifically Defi,
1:01.0	in the United States House of Congress. How did it go? We introduced
1:05.2	Defy to Congress. Did they like it? In the world of crypto natives, Friend Tech has
1:09.0	burned their keys governing over the app. Are they abandoning the project or is this fulfilling the cipherpunk? governing the
1:13.0	project or is this fulfilling the cipherpunk values of you know
	...

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