meta_pixel
Tapesearch Logo
Log in
Bankless

ROLLUP: Under Attack - Crypto, Freedom, & Privacy

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 25 August 2023

⏱️ 102 minutes

🧾️ Download transcript

Summary

WRU 4th Week Of August
-----
🏹 Airdrop Hunter is HERE, join your first HUNT today
https://bankless.cc/JoinYourFirstHUNT 
------
📣 SAFE CORE | Smart Wallet Infrastructure
https://safe.global/core 
------
BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
⁠https://k.xyz/bankless-pod-q2    ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING
https://bankless.cc/MetaMask  

⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum  ⁠

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle  ⁠

🦄UNISWAP | ON-CHAIN MARKETPLACE
https://bankless.cc/uniswap%E2%81%A0   

👾STADER LABS | ETHX LIQUID STAKING
https://bankless.cc/Stader 

-----
TIMESTAMPS & RESOURCES
0:00 Intro

5:14 MARKETS

7:22 L2 Economics
https://dune.com/niftytable/rollup-economics 
https://twitter.com/0xbreadguy/status/1686040103989190656?s=46 

14:39 Why Did We Dump?
https://watcher.guru/news/wp-content/uploads/2023/08/TOTAL_2023-08-18_09-54-05.png 

16:50 Arthur Hayes Article
https://cryptohayes.medium.com/kite-or-board-64bc45d49931 

21:03 Mantle DAO staked 40K ETH
https://twitter.com/LidoFinance/status/1693578509413654990?s=20 

24:12 Tornado Cash Case
https://home.treasury.gov/news/press-releases/jy1702 
https://www.coincenter.org/new-tornado-cash-indictments-seem-to-run-counter-to-fincen-guidance/ 
https://twitter.com/NeerajKA/status/1694474067678822410?s=20 
https://twitter.com/sethforprivacy/status/1694434785454698979?s=20 
https://twitter.com/sethforprivacy/status/1694434807004991545?s=20 
https://twitter.com/sethforprivacy/status/1694434795646808118?s=20 
https://twitter.com/jchervinsky/status/1694423912321274148?s=20 
https://twitter.com/ameensol/status/1694396049430118521?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 
https://twitter.com/ameensol/status/1694736128220483629?s=20 

45:45 Coinbase Tornado Cash Lawsuits
https://twitter.com/billhughesdc/status/1692256433818001792?s=46&t=LKBC7Qtm18FnZ380xCF2pA 
https://twitter.com/iampaulgrewal/status/1692260842585350334 

51:43 Friend.tech continue shaking with CT
https://twitter.com/RyanSAdams/status/1693799871197622344?s=20 
https://twitter.com/sassal0x/status/1693803825747107973?s=20 
https://twitter.com/moonoverlord/status/1693364919637344535?s=46 
https://twitter.com/AutismCapital/status/1693759402908815480?s=20 
https://youtu.be/AVZlvnex4Gw?si=7m3COBp9iOe3HXqM 
https://twitter.com/ercwl/status/1694157222597521893?s=46 

53:18 Is Binance in trouble?
https://www.wsj.com/finance/binance-cryptocurrency-russia-sanctions-ddb948c3 
https://twitter.com/Travis_Kling/status/1694042353797824764 

58:19 Coinbase and Circle formally melding
https://twitter.com/jerallaire/status/1693719963565969654?s=46&t=iahr7Lh5v08SSM_Ery-bGw 

59:05 Dencun Devnet!
https://twitter.com/parithosh_j/status/1691927807230677133?s=20 

1:01:08 EigenLayer Updates
https://restaking.nethermind.io/ 

First Squad Block Proposed 
https://twitter.com/trustlessstate/status/1694511259020837036?s=46 

Scroll Entering Beta
https://twitter.com/Scroll_ZKP/status/1692194581918745066?s=20 

Farcaster news
https://twitter.com/dwr/status/1691480693443108864?s=20 
https://twitter.com/dwr/status/1694020862545109272?s=46 

OP Stack Encrypted Mempool 
https://twitter.com/project_shutter/status/1693986910795186647?s=20 

Airdrops
https://blog.connext.network/announcing-the-next-airdrop-be764b1c548 
https://imgur.com/Je2IGRB 
https://earni.fi/account 

Starkware Stone
https://twitter.com/StarkWareLtd/status/1693991491713261809 

Fire Wallet Released
https://twitter.com/_joinfire/status/1691847167382618455?s=20 

Balancer Hacked
https://twitter.com/Balancer/status/1694014645378724280 

NFT Stuff
https://twitter.com/punk9059/status/1693357671850688809?s=46 

Bitcoin stuff
https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-sentenced-prison-first-ever-digital-asset-insider 
https://www.bloomberg.com/news/articles/2023-08-17/sec-said-to-be-poised-to-allow-us-debut-of-ether-futures-etfs-eth#xj4y7vzkg 
https://twitter.com/EricBalchunas/status/1692314639235735836?s=20 
https://twitter.com/CoinDesk/status/1693989173106266413?s=20 

Releases
https://twitter.com/RiscZero/status/1694047369028059218 

Takes of the Week
https://twitter.com/RyanSAdams/status/1694705374941560893?s=20 

What are you bullish on?
https://twitter.com/hildobby_/status/1694357014086815757?s=20 

MEME of the Week
https://twitter.com/BoysClubWorld/status/1694446626591363150/photo/1 

Moment of ZEN
https://twitter.com/Permissionless/status/1693355946779812009?s=20 

------
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

Where does this stop, David? Are they going to arrest Tim Berners-Lee, the creator of the internet

0:04.8

protocols? How about Netscape, 1994, who designed HTTPS? Remember, Mark Andreessen talked about

0:11.0

kind of crypto wars 1.0 when he came on the podcast, who's talking about the battle there? I mean,

0:15.2

are the developers of internet protocols responsible for how North Korea uses the internet in order to

0:20.8

do nefarious things that Treasury doesn't want? It's absolutely ludicrous, and I think that if Treasury

0:27.0

or ever any government of regulator in the U.S. took this type of stance towards communication,

0:32.7

we would have no Silicon Valley, we would have no free and open internet based largely in the U.S.

0:38.0

today, but we would have none of this innovation and economic GDP growth. It would have been completely

0:43.3

squelched.

0:48.3

Bankless Nation, it is the last Friday of August. David, what time is it? It's the Bankless Friday

0:53.2

weekly roll-up where we cover the entire weekly news and crypto, which is always an ambitious endeavor

0:57.6

yet. We persevere nonetheless into the frontier. How are you doing, Ryan?

1:02.0

I was doing okay. Just okay, though. This week felt like a gut punch, and we're going to talk

1:07.7

about the bad thing that happened this week and in the show. There's also some good stuff, but I

1:14.0

mean getting the bad thing out of the way. Number one, the Department of Justice has arrested Roman

1:20.0

Seminoff. This is a U.S. developer of tornado cash, an open source privacy developer.

1:27.0

This one hurt, David. It feels like crypto continues to be under attack. Privacy and freedom

1:32.0

are under attack. It's a big freaking deal, and we're going to spend some time talking about it in

1:36.1

that episode. That's the bad stuff, but we got some good stuff, too. What else are we talking about?

1:41.0

We have a good stuff. The arrival of EIP4844 draws closer. This is, of course, the one that

1:46.0

scales up layer 2s further than they already have. The friend.tech debate continues. Is it good or

1:52.4

bad? Ron and I did an entire show on that. We will recap it very quickly, but really talk about

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.