⬆️ Join Bankless Premium to listen to the Ad-Free version of this episode 🚀
Subscribe now
🎙️ NEW ROLLUP
Listen to podcast episode | Apple | Spotify | YouTube | RSS Feed
Bankless Sponsor Tools:
🚀 ROCKET POOL | ETH STAKING
https://bankless.cc/RocketPool
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
🦁 BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave
🌴 MAKER DAO | ECO-FRIENDLY STABLECOIN
https://bankless.cc/MakerDAO
🔐 LEDGER | SECURE STAKING
https://bankless.cc/Ledger
📺 ROLLUP: Last Week of June, 2022
July 1, 2022
MARKET
-
Who’s to Blame For Inflation?
-
How’d We Get Here? Dan from Pantera
-
https://panteracapital.com/blockchain-letter/the-feds-twin-policy-errors/
-
WSJ: Rising Interest Rates Will Crush the Federal Budget
NEWS
-
3AC Meldown Continued
-
Crypto Hedge Fund Three Arrows Ordered by Court to Liquidate
https://www.wsj.com/articles/crypto-fund-three-arrows-ordered-to-liquidate-by-court-11656506404
-
Voyager $660M Unsecured Loan
https://decrypt.co/103892/voyager-digital-issues-three-arrows-capital-default-notice
-
Three Arrows Capital Liquidation Ordered in British Virgin Island
NFTs & BITCOIN
-
NFTs Down Down Down
-
ENS.Vision
-
Michael Saylor’s MicroStrategy $10M Purchase
QUESTIONS FROM THE NATION
L2 vs Cross L1 Bridging Risk
@BanklessHQ @RyanSAdams @TrustlessState Does bridging ETH to an L2 have similar risks as bridging ETH to an alt L1 like Solana or avalanche?
Best dApps to Get Started
@BanklessHQ @RyanSAdams @TrustlessState What are some of the best dapps you can recommend to help a beginner start living a crypto native life?
TAKES
CeFi lenders are blowing up specifically due to properties of centralization.
– black boxes
– trust
– human folly
Not only do DeFi lenders now have fewer competitors; their competitive edge is now proven and legitimized
CeFi: fragile and unstable
DeFi: robust and stable
Regulators around the world should be watching DeFi protocols closely…
to congratulate them.
DeFi provided fair, orderly, & transparent drawdowns during a massive -70% to 90% downturn while its CeFi peers went bust.
You want to regulate crypto?
DeFi is crypto regulation.
the security of optimistic rollups is based on the fact people will, with great zeal, strive to prove that “someone is wrong on the internet”
Being an Ethereum Rollup is like having the strongest army in the world securing your estate.
Becoming Cosmos chain you are are now protected by your token holders. Unless you use “interchain security” (upcoming feature) in which case you pay $ATOM holders for protection.
MEME OF THE WEEK / MOMENT OF ZEN
🏴 JOIN THE NATION 🏴
Subscribe: Newsletter | iTunes | Spotify | YouTube | RSS Feed
Follow: Twitter | Instagram | Reddit | TikTok | Facebook
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter 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.
