ROLLUP: Ethereum Burning | Penguin & Axie NFTs | Poly Network Hack | Infrastructure Bill (August 13)
Bankless
Ethereum's Burn Mechanism: A Market Analysis
This chapter explores the recent effects of EIP-1559 on Ethereum's burn mechanism, detailing the significant metrics of ETH issued versus burned. The discussion reflects on the implications of this new monetary policy and its impact on the crypto community's perception of Ethereum's future.
2nd Week of August 2021
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Topics Covered:
0:00 Intro
1:30 MARKETS 2:05 BTC Price 3:04 ETH Price 7:10 ETH/BTC Ratio 9:55 ETH’s Q2 https://www.businesswire.com/news/home/20210804005657/en/Genesis-Q2-Report-Shows-Decreasing-Bitcoin-Dominance-and-Hedge-Funds-Diving-Into-DeFi 13:12 ETH Volume https://twitter.com/geenty/status/1425198900068110338?s=21 14:50 Institutional Demand https://twitter.com/fintechfrank/status/1425586708305829891 15:57 DeFi Action 20:10 Layer 2 Beat https://l2beat.com/ 23:21 EIP-1559 Burned: https://www.etherchain.org/burn Bankless-Inspired Dashboard: https://twitter.com/MSilb7/status/1423314663052218373?s=20 29:54 Axie $1B Volume https://twitter.com/Psycheout86/status/1423719170315800581?s=20 31:38 Coinbase’s Impressive Quarter https://twitter.com/CNBCClosingBell/status/1425186855641829381?s=20
33:00 RELEASES 35:00 Arbitrum in August https://twitter.com/arbitrum/status/1423709666203344899?s=21 38:26 Rarible Protocol https://twitter.com/rariblecom/status/1425840333854711809?s=20 39:17 Gearbox Leverage https://medium.com/gearbox-protocol/hello-world-this-is-gearbox-generalized-leverage-protocol-cbec5f34bb98 41:37 Raises Helium: https://twitter.com/TheBlock__/status/1425255811731894278?s=20 Dune Analytics: https://twitter.com/DuneAnalytics/status/1425821738626019330?s=20 Liquality Wallet: https://twitter.com/TheBlock__/status/1425200897475465220 TaxBit: https://twitter.com/CoinDesk/status/1425825002104922116?s=20 46:34 Jobs https://jobs.banklesshq.com/
47:00 NEWS 47:16 Poly Network Hack https://twitter.com/polynetwork2/status/1425073987164381196?s=21 Returned: https://www.theblockcrypto.com/linked/114390/poly-network-hacker-returns-nearly-all-of-the-611-million-in-stolen-funds 51:50 Multichain Aave https://cryptobriefing.com/aave-is-exploring-solana-avalanche-layer-2-expansion/ 53:30 Uniswap $1B in Fees https://twitter.com/lucasoutumuro/status/1425172167998779398?s=21 54:20 Gemini Acquires Guesser https://twitter.com/Gemini/status/1425085144436813833?s=20 55:40 Penguins in NY Times https://www.nytimes.com/2021/08/12/technology/penguin-nft-club.html 58:41 FTX Sponsoring Axie Players https://twitter.com/CoinDesk/status/1423274509008875520 59:06 DraftKings NFT w/ Tom Brady https://www.theblockcrypto.com/linked/114064/draftkings-launches-nft-marketplace-with-first-drop-featuring-tom-brady 1:00:29 North American BTC Miners https://www.theblockcrypto.com/post/113861/american-public-bitcoin-miner-btc-july-china 1:01:25 Infrastructure Bill Senate: https://www.cnbc.com/2021/08/11/crypto-lawmakers-fought-over-the-infrastructure-bill-heres-whats-next.html Alabama: https://twitter.com/jchervinsky/status/1423519533990617091?s=21 Treasury: https://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/ Jake’s Take: https://twitter.com/jchervinsky/status/1423519533990617091?s=21 1:08:11 Brian Brooks Leaves Binance https://twitter.com/coindesk/status/1423730217357660160?s=21 1:09:37 Circle Becoming a Bank? https://twitter.com/circlepay/status/1424717848400863245?s=21 1:11:00 Happy Yamiversary https://twitter.com/brockjelmore/status/1425307479806824452?s=21
1:13:00 TAKES 1:14:30 Coordinate, Don’t Overreact https://twitter.com/econoar/status/1423483356583370752?s=20 1:16:04 Su Zhu on jpegs https://twitter.com/zhusu/status/1423833467406585860?s=21 1:17:47 David on jpegs https://twitter.com/trustlessstate/status/1424119278085697536?s=21 1:19:05 Eric on jpegs https://twitter.com/econoar/status/1424506591080976391?s=21 1:20:03 Andrew Yang https://twitter.com/AndrewYang/status/1425193106950041600?s=20
1:21:26 What Anthony’s Excited About 1:22:38 What David’s Excited About
1:24:25 MEME of the Week https://twitter.com/BanklessHQ/status/1423503086459359235?s=20 Meme 2: https://twitter.com/TrustlessState/status/1423386503766437888?s=20
1:29:16 Closing & Disclaimers
----- 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.
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