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Niebrah and Wrapped Bitcoin: Innovations and Controversies
This chapter explores the launch of Niebrah, a proof aggregator for ZK EVMs that significantly reduces Ethereum layer one settlement fees. It also delves into the governance challenges surrounding Wrapped Bitcoin (WBTC) and implications for trust and transparency, particularly with new stakeholders like Justin Sun and Coinbase's potential involvement.
This week in crypto, speculation swirled around a potential Kamala Harris pivot to crypto—could it be too late? Polymarket gives her a 10% chance against Trump.
Jeremy Allaire hinted at Tap to Pay with USDC on iPhones—coming soon?
BitGo’s wrapped Bitcoin drama might open doors for Coinbase. Optimism revealed plans to address fragmentation, while Eric Trump dives into digital real estate. Plus, the list of crypto's political prisoners grows—how can we support them?
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------ TIMESTAMPS & RESOURCES
0:00 Intro
1:26 Argentina https://x.com/TrustlessState/status/1823437363898392792 https://x.com/smpalladino/status/1823476661473698063 https://x.com/TrustlessState/status/1823401536145514959
6:55 Markets https://dune.com/hildobby/btc-etfs https://dune.com/hildobby/eth-etfs https://farside.;0co.uk/?p=1518 https://x.com/sassal0x/status/1823265107310219469 https://apnews.com/article/inflation-prices-interest-rates-economy-federal-reserve-f8de2672173407d3a126cc13493fed85 https://x.com/kellyjgreer/status/1823871991490675137
14:25 Memecoin Metrics https://x.com/Adam_Tehc/status/1822411899843047651 https://x.com/TrustlessState/status/1822649650706563180 https://x.com/econoar/status/1822652061353468169 https://x.com/cobie/status/1822685974822027770
23:12 Can Crypto Get Kamala to Pivot? https://x.com/Polymarket/status/1823801428416270455 https://polymarket.com/elections https://www.theblock.co/post/310344/crypto-executives-meet-white-house-officials-to-discuss-policy-grievances-during-virtual-roundtable https://www.foxbusiness.com/politics/crypto-executives-clash-democratic-leaders-heated-zoom-meeting https://x.com/nic__carter/status/1821710798911054029 https://x.com/RoKhanna/status/1823109754706682135 https://www.coindesk.com/policy/2024/08/15/us-crypto-bill-can-happen-this-year-senates-schumer-tells-crypto-backers-of-harris/ https://x.com/jbrukh/status/1823904565101580776
35:19 Is it too late for Dem to win crypto votes? https://x.com/Crypto4Harris https://www.standwithcrypto.org/politicians/person/tim---walz https://www.binance.com/en/square/post/11669100139586 https://home.treasury.gov/about/general-information/officials/Wally-Adeyemo https://x.com/intangiblecoins/status/1823338614618550382 https://x.com/nic__carter/status/1823343463464677558 https://x.com/CampbellJAustin/status/1823362155984388226
46:27 Does crypto votes even matter to Dems? https://x.com/RyanSAdams/status/1823338739910758898 https://policy.paradigm.xyz/writing/Dem-polling https://x.com/RadarHits/status/1823051375174967378 https://x.com/mikulaja/status/1821563686495862905 https://x.com/nic__carter/status/1821567272432836943
55:37 Ethereum L2 Updates https://x.com/cronos_chain/status/1823966639622324468 https://x.com/nebrazkp/status/1824098013880443013
59:48 Wrapped Bitcoin Drama https://forum.makerdao.com/t/wbtc-changes-and-risk-mitigation-10-august-2024/24844/4 https://x.com/mikebelshe/status/1822318651996877224 https://x.com/justinsuntron/status/1822370692014485937 https://x.com/coinbase/status/1823501582006411614 https://x.com/jessepollak/status/1823515062658830681
1:03:47 Superchain will become one chain! https://x.com/Optimism/status/1823073114366050695
1:06:41 Eric Trump reveals "Trump Project" focuses on digital real estate https://nypost.com/2024/08/14/us-news/eric-trump-previews-major-trump-org-move-into-crypto-as-he-charts-the-family-companys-future/
1:08:22 USDC is integrating with Tap-to-pay on iPhones! https://x.com/jerallaire/status/1823772497969602981 https://x.com/jerallaire/status/1823822639036604914?s=46
1:10:53 MEME of the Week https://imgur.com/2Wgxr1P
1:12:18 Moment of Burden (Anti-Zen): https://x.com/RyanSAdams/status/1823788207336526153 https://x.com/RyanSAdams/status/1823418719634141594 https://x.com/alex_pertsev/status/1822184616620339397
1:14:30 Closing & Disclaimers
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
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