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ROLLUP: World War Threat | North Korean Hackers | Vitalik Roadmap Updates | Visa Platform On Ethereum

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 4 October 2024

⏱️ 59 minutes

🧾️ Download transcript

Summary

In this episode, we discuss escalating global tensions and their impact on crypto markets, questioning whether Bitcoin is a risk-on or risk-off asset in times of instability. We cover legal developments around Tornado Cash, the potential for an XRP ETF amid SEC scrutiny, and Visa’s new fiat tokenization platform on Ethereum. Plus, don’t miss details on the upcoming Kain vs. David fight at Permissionless!
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TIMESTAMPS & Resources

00:00 War And Crypto
https://x.com/PeterKwoba2/status/1841177421179183405 
https://x.com/lexfridman/status/1841253627190517785 
https://www.coindesk.com/markets/2024/10/02/bitcoin-regains-61k-in-worst-start-to-most-bullish-month-as-israel-iran-tensions-rage-on/ 
https://x.com/legendarygainz_/status/1840733999930413127  
https://x.com/VitalikButerin/status/1840944416997195974 

08:49 Markets
https://pro.kraken.com/app/trade/btc-usd 
https://farside.co.uk/btc/ 
https://x.com/NateGeraci/status/1840036803404800018 
https://www.coingecko.com/en/global-charts 

12:26 L2 Update
https://l2beat.com/scaling/summary 
https://www.growthepie.xyz/chains/ethereum 
https://www.coingecko.com/ 

17:57 Rate Cuts
https://x.com/Cointelegraph/status/1840819209879896455 

22:58 Tornado Cash Updates
https://x.com/BanklessHQ/status/1839408070524547246 
https://www.theblock.co/post/318417/tornado-cash-founder-roman-storm-to-face-trial 
https://x.com/jchervinsky/status/1839478184808460325 
https://juicebox.money/@defend-roman-storm 

32:21 Ripple ETF?
https://x.com/BitwiseInvest/status/1841464422557954168 
https://x.com/NateGeraci/status/18412784213655720187  
https://x.com/EleanorTerrett/status/1841586154258285021 

35:10 SEC Director Updates
https://x.com/SECGov/status/1841548406029754524 
https://x.com/GOPMajorityWhip/status/1841560880955158916 
https://x.com/jchervinsky/status/1841572472195305651 

38:57 Visa Launch On Ethereum
https://blockworks.co/news/visa-to-help-banks-test-tokenized-assets-smart-contracts 

40:30 Vitalik On Alignment
https://vitalik.eth.limo/general/2024/09/28/alignment.html  
https://x.com/RyanSAdams/status/1840026201999495332 

43:08 Pectra Upgrade
https://www.youtube.com/live/PWhn8KdgCl8?si=2dyOikXU9ja7lbji&t=2762 
https://github.com/ethereum/pm/issues/1153#issuecomment-2377002932 

47:32 Coinbase's New Exec
https://x.com/jessepollak/status/1840929040854892966?s=46 

48:14 Polymarket
https://x.com/shayne_coplan/status/1840033666723938669?s=46 

49:01 The gm Heard Round The World
https://x.com/cz_binance/status/1839861237850497271?s=46 

49:26 North Korea
https://x.com/skesslr/status/1841421864779833494 

54:35 Fight Prep
https://x.com/TrustlessState/status/1841094626108748128 
https://x.com/kaiynne/status/1841642359378829411 
https://polymarket.com/event/hoffman-vs-warwick?tid=1727184262347 

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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

B above.

0:01.0

It's actually crazy just like watching the missiles rain down on Israel.

0:08.0

Yeah, so what you're hearing is the sirens in Israel as Iran launched 200 ballistic missiles, some getting through the

0:16.6

iron dome into Israel and globally markets just got really scared.

0:21.8

Oh yeah, this is this is a peak global uncertainty I think at least on this year and I think we should say obviously before we get into this roll up just a sentiment check.

0:32.0

This is like not this is bad news for everybody for the entire

0:35.9

world right and I think Lex Friedman put it well when he said probability of World War

0:40.5

three feels higher than ever a global war would destroy humanity.

0:44.6

I pray for the wisdom of our leaders.

0:46.5

I think, you know, we also echo that sentiment.

0:50.4

This is kind of a concerning time that we're in for sure.

0:53.0

I think all eyes are kind of pointed at the Middle East right now not really knowing what happens next but neither

1:00.2

side either the anti-Israel pro-Israel side really seems to be interested in taking

1:05.4

the foot off the gas at the present moment.

1:07.4

Yeah, I mean, hopefully this doesn't escalate into something wider.

1:11.7

And of course, all of this global instability affects markets

1:14.6

including crypto markets and that's been a theme of the week this has been the worst

1:18.3

start to October as these tensions have raged on.

1:23.4

And it calls in a question, I think,

1:24.9

what we've talked about, you know,

1:26.0

remember that Black Rock report

1:27.7

where they're talking about Bitcoin

...

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