Is Crypto Dead? Fed Crashes Markets. Bored Ape Land Mint. Hop Airdrop. Solana Down.
Bankless
Intro
This chapter summarizes major events in cryptocurrency and DeFi, including the Federal Reserve's interest rate hike and transaction fees from a Bored Ape land sale. It also addresses Solana's network stability issues and a concerning class action lawsuit against Pool Together.
1st Week of May, 2022
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------ Topics Covered:
0:00 Intro
4:00 MARKETS 4:20 BTC Price 5:10 ETH Price 6:31 ETH BTC Ratio 7:30 Crypto Market Cap
7:50 THE FED https://twitter.com/NorthmanTrader/status/1520048451660226561?s=20&t=WsDzeddLzDPlD__LhyLbbA
13:15 Ethereum’s Q1 Results https://twitter.com/banklesshq/status/1520140178878353410 16:05 Global Metrics https://dune.com/hildobby/Ethereum-Overview 17:08 OP Stimpak https://twitter.com/optimismPBC/status/1521577143364427777?s=20&t=OPbZKxvvbYFZRDvMbp4wXg 19:30 NFTs Booming https://decrypt.co/99226/nfts-dead-opensea-daily-trading-record-476m-ethereum
22:15 RELEASES 23:00 Lido Centralization https://scorecard.lido.fi/ 26:12 ENS Constitution https://constitution.ens.domains/ 27:12 Etherscan Heatmap https://twitter.com/etherscan/status/1521813183346151424
27:45 RAISES 28:00 Pangea https://www.bloomberg.com/news/articles/2022-05-04/crypto-wunderkinds-secure-85-million-to-start-own-hedge-fund 28:48 Syndicate https://twitter.com/SyndicateDAO/status/1521483151406600192
30:12 JOBS https://pallet.xyz/list/bankless/jobs
30:00 NEWS 32:35 Hop Airdrop https://twitter.com/HopProtocol/status/1520055351931985921 34:35 Bored Ape Mint Fiasco https://coinmetrics.substack.com/p/state-of-the-network-issue-153 40:30 Fork Optimism https://twitter.com/FUCORY/status/1520849858793402368 42:20 10k ENS Club https://twitter.com/10kclubofficial/status/1520903265164091402 45:50 Starbucks NFTs https://techcrunch.com/2022/05/04/starbucks-to-launch-nfts-this-year-offering-access-to-unique-experiences-and-benefits/
47:20 SOLANA GOES DOWN https://twitter.com/solanastatus/status/1520508697100926977 49:20 Censorship Worries https://twitter.com/nixxholas/status/1520509031751684096 51:23 Broken Record https://twitter.com/TrustlessState/status/1521657185654116353?s=20&t=cgCZ5KCih_sZluVjKLjFfA
54:20 OTHER NEWS 54:39 Waren Buffet BTC https://markets.businessinsider.com/news/stocks/warren-buffett-charlie-munger-bitcoin-crypto-cryptocurrency-investing-berkshire-hathaway-2022-4 56:30 PoolTogether Lawsuit https://www.wsj.com/articles/crypto-savings-lawsuit-puts-principles-of-defi-to-the-test-11642069806 1:02:06 TRIBE Exploit https://decrypt.co/99103/fei-protocol-offers-10m-bounty-after-80m-rari-capital-exploit
1:05:00 COMMUNITY QUESTIONS https://twitter.com/wongisrite/status/1522054783200243712 1:06:54 Layer 2 Solutions https://twitter.com/locopatron1/status/1522057520721801217?s=20&t=cgCZ5KCih_sZluVjKLjFfA 1:08:48 Sharding or Movie? https://twitter.com/sharath_darsha/status/1522060962500554753?s=20&t=cgCZ5KCih_sZluVjKLjFfA
1:10:00 TAKES 1:10:28 Parasitic Layer 2s https://twitter.com/ryansadams/status/1521503349773946882 1:13:06 Bad Take https://twitter.com/pgaffney/status/1522038187782254593
1:16:28 What David’s Excited About 1:18:47 What Ryan’s Excited About
1:20:05 MEME of the Week https://twitter.com/BanklessHQ/status/1521908752756080642?s=20&t=cgCZ5KCih_sZluVjKLjFfA
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video 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: https://newsletter.banklesshq.com/p/bankless-disclosures
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