The Silvergate Saga and Regulatory Fallout

This chapter examines the challenges faced by Silvergate Bank, contrasting it with the broader implications of regulatory narratives surrounding cryptocurrency. It highlights how the panic instigated by political figures shapes depositor behavior and critiques the accountability of regulators amid the turbulent crypto landscape. Additionally, the chapter delves into serious allegations against Binance, exploring the intersection of financial regulations and the evolving nature of decentralized finance.

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Bankless Weekly Rollup 3rd Week of March 2023

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------ Topics Covered

0:00 Intro 3:23 Markets 8:04 Total Crypto Market Cap 8:50 Fed https://www.reuters.com/markets/rates-bonds/feds-powell-previews-tougher-rate-hike-path-starting-soon-2023-03-08/ 10:00 Warren vs. Powell Address https://youtu.be/8Kz4pm5l4Og?t=126 14:35 Records of the U.S. https://twitter.com/kobeissiletter/status/1632408557101432833

15:50 Stablecoin Check-In https://www.coingecko.com/en/categories/stablecoins

19:32 Silvergate https://www.coindesk.com/policy/2023/03/08/crypto-bank-silvergate-announces-voluntary-liquidation/ 26:49 Warren https://twitter.com/SenWarren/status/1633611272372486144

30:21 Binance https://twitter.com/MikeBurgersburg/status/1631489833838297088 https://archive.ph/w7QNe 36:20 Voyager https://cointelegraph.com/news/sec-snubbed-as-voyager-wins-court-approval-for-sale-to-binance-us

37:43 Grayscale v. SEC https://twitter.com/jeffjohnroberts/status/1633130559353372672 https://www.reuters.com/legal/court-set-hear-arguments-grayscales-lawsuit-against-sec-over-bitcoin-fund-2023-03-07/

42:57 Bankless 2.0 https://www.bankless.com/dashboard 47:12 Bankless ETH Denver Interview series https://twitter.com/BanklessHQ/status/1633559479588454401

49:33 Coinbase https://twitter.com/coinbase/status/1633473042000101378 51:35 One River https://www.coinbase.com/blog/coinbase-has-acquired-one-river-digital-asset-management 52:20 Commercial https://twitter.com/coinbase/status/1633222932255358976

54:25 Tornado Cash Contributors' Proof of Innocence https://twitter.com/ameensol/status/1629942658008514560 https://www.privacypools.com/ 57:25 Uniswap Wallet https://twitter.com/uniswap/status/1631691330031169537 58:21 Rocket Pool https://medium.com/rocket-pool/rocket-pool-atlas-upgrade-7c69e39a3d5f 1:00:00 rETH Collateral on EulerFinance https://twitter.com/MacroMate8/status/1633490076511666176 1:00:50 Arbitrum Token https://twitter.com/PolymarketHQ/status/1632815834858164225 1:02:10 Cosmos Interchain Security https://blockworks.co/news/cosmos-greenlights-interchain-security

1:05:58 Sovereign Rollup on Bitcoin https://twitter.com/RollkitDev/status/1632438374513676288 https://twitter.com/ercwl/status/1632460687069913088?s=20 1:09:55 Yuga Labs $16.5M Bitcoin NFT Auction https://twitter.com/yugalabs/status/1632878847778512898 1:11:31 Casey’s Take https://twitter.com/rodarmor/status/1632573965897170948 1:13:05 Ordinals Not dead! https://twitter.com/zackvoell/status/1633879858915704846?s=20 1:13:59 Amazon NFT Marketplace https://blockworks.co/news/amazon-nfts-real-world-assets-token

1:15:13 Multicoin Capital’s Hedge Fund Lost 91.4% in 2022 https://www.coindesk.com/business/2023/03/04/multicoin-capitals-hedge-fund-lost-914-last-year-investor-letter-reveals 1:17:58 Emojis https://therug.mirror.xyz/TZVv0Y5TG74q3ARKa8DcTSiGgAyeKAOIlndW4MHya1M

1:19:37 Cooper Turley new Music NFT podcast https://twitter.com/invinmusic/status/1633543529493577728

1:20:02 Scroll $1.8B Valuation https://www.theblock.co/post/217340/ethereum-scaling-scroll-50-million-funding-round-1-8-billion-valuation

1:21:10 Jobs https://pallet.xyz/list/bankless/jobs

1:23:48 Questions from the Nation

1:30:25 Takes https://twitter.com/mdudas/status/1633571193344126979 https://twitter.com/pmarca/status/1633738311922782209 https://twitter.com/joonian/status/1632899301230669824

1:34:00 What David’s Bullish On https://twitter.com/TrustlessState/status/1632479927093035009 1:35:30 What Ryan’s Bullish On

1:39:12 MEME of the Week https://twitter.com/BanklessHQ/status/1632066015428497418

1:39:53 Risks & Disclaimers

1:40:07 Moment of Zen https://imgur.com/6H07xT1

---- 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://www.bankless.com/disclosures

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