ROLLUP: Elon Musk Twitter | UK Royal NFT | Bitcoin Miami | DAI vs UST Stablecoin Wars | Axie Bailout
Bankless
Crypto Crossroads: Bailouts, DeFi, and NFTs
This chapter examines the recent Axie Infinity bailout facilitated by Binance, aiming to support users affected by a massive hack while discussing the evolving relationship between traditional banks and cryptocurrency. It explores MakerDAO's strategic moves within decentralized finance and the competitive dynamics of stablecoins, particularly DAI and UST. Additionally, the chapter highlights the resurgence of NFT projects and the impact of significant market events on Ethereum gas fees and community sentiment.
1st Week of April, 2022
------ 📣 CONSENSYS | M·A·C: NFT Collection for a Good Cause https://bankless.cc/MAC
------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
------ BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across
🏦 ALTO IRA | TAX-FREE CRYPTO https://bankless.cc/AltoIRA
👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave
⚡️ MAKER DAO | THE DAI STABLECOIN https://bankless.cc/MakerDAO
🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave
------ Topics Covered:
0:00 Intro TreasureDAO Episode: https://twitter.com/BanklessHQ/status/1511872552506822659?s=20&t=WbJQ5zuUE9BXd99qzPdN5A Alpha Report: https://newsletter.banklesshq.com/publish/post/51732127
7:00 MARKETS 7:30 BTC Price 7:58 ETH Price 8:42 Ratios, BED, Gas https://www.indexcoop.com/bed 9:54 Fed Balance Sheet https://www.cnbc.com/2022/04/06/fed-minutes-march-2022-meetings-.html 14:24 Rotating into ETH https://twitter.com/cryptogucci/status/1512085818524897281?s=21&t=qPqhKu1eKrKDS-yUtxgyKw
17:00 RELEASES 17:30 Arbitrum Nitro https://offchain.medium.com/its-nitro-time-86944693bf29 21:19 Instadapp Lite https://twitter.com/Instadapp/status/1509258038875725824?s=20&t=sei-8RiGFbL_d_xsCVskEg 21:50 Layer Zero Labs https://twitter.com/layerzerointern/status/1511082947108954116?s=20&t=CM5BnGZnZinaXdsKpF9eaA Omnichain NFTs: https://metaversal.banklesshq.com/p/omnichain-nfts 23:50 icETH https://twitter.com/indexcoop/status/1511418458503880705?s=21&t=9Ibd7vOXsldggFiCgKrWPA 26:15 Tracer Trading Competition https://twitter.com/TracerDAO/status/1511382761831284746?s=20&t=e5tACKpmjMSqzmNX3bTTiQ
RAISES 27:05 LFG Buys BTC & AVAX https://www.theblockcrypto.com/post/140827/luna-foundation-guard-buys-a-further-231-million-of-bitcoin 34:34 Wormhole Valuation https://www.theblockcrypto.com/post/140100/crypto-bridge-wormhole-seeks-2-5-billion-price-tag-in-private-token-sale 36:27 Fractal Seed Round https://www.theblockcrypto.com/linked/140296/twitch-co-founders-nft-startup-nets-35-million-in-seed-funding 37:20 Chorus Ventures https://twitter.com/ChorusOne/status/1511006353456005126?s=20&t=aJBiCBRHq9BMxPU07kxSwg 37:38 Boba Network https://blockworks.co/boba-network-valuation-hits-1-5b-after-45m-series-a-round/ 39:38 Lightning Labs https://www.coindesk.com/business/2022/04/05/lightning-labs-raises-70m-to-bring-stablecoins-to-bitcoin/ 40:28 Coin Metrics https://www.theblockcrypto.com/linked/140860/coin-metrics-35-million-funding-data 40:59 Binance US https://techcrunch.com/2022/04/06/binance-us-raises-over-200m-in-first-seed-round-hitting-a-4-5b-valuation-as-it-preps-for-ipo/ 41:40 Near https://thedefiant.io/near-fundraising-round/
44:25 JOBS https://pallet.xyz/list/bankless/jobs
45:00 NEWS 45:52 Axie Bailout https://twitter.com/axieinfinity/status/1511646772531138565?s=21&t=i-6O9wyJTjRumXDMWl1ZLg 47:12 Bakkt https://www.theblockcrypto.com/linked/140813/bakkt-inks-deal-to-offer-bitcoin-ether-buys-and-sells-to-american-bank-customers 48:45 Tesla MakerDAO https://thedefiant.io/tesla-makerdao-loan/ 51:38 4pool https://www.coindesk.com/markets/2022/04/04/frax-finances-fxs-jumps-as-terra-introduces-stablecoin-pool-4pool/ 56:22 Pudgy Penguins https://thedefiant.io/pudgy-penguins-fly/ 1:04:43 Mutant NFTinja Turtles https://twitter.com/CryptoGucci/status/1509631632927440911?s=20&t=2yPy2m03AGcGDCO3gyD9VQ 56:47 LooksRare Chat https://twitter.com/LooksRareNFT/status/1508791295669538818?s=20&t=g_1ImqCgPZUg8QXwJ2XQqA 57:46 VaynerSports Mint https://twitter.com/cr0sseth/status/1511446814196572161?s=21&t=JCGkcbf7xNbkP2h0A1VWsQ 1:00:09 MicroStrategy Buys BTC https://twitter.com/DeItaone/status/1511313999845109763 1:01:26 Miami BTC Bull https://twitter.com/brucefenton/status/1511688954327834627?s=20&t=n57Ue34Dbj153gJ5tvrQBA 1:02:19 Bullish UK https://twitter.com/Financialjuice1/status/1510979717024915464 1:03:28 Elon Twitter https://twitter.com/elonmusk/status/1507259709224632344?s=20&t=xLN8KCT2C7i52urFtBBC1Q 1:06:20 Virgil Griffith https://www.scribd.com/document/566231519/192-S-D-N-Y-1-20-cr-00015-PKC-192-0
1:10:45 TAKES 1:11:15 Leading Bull Markets https://twitter.com/NTmoney/status/1510750296766443526?t=PF_lZfIpY9q8vIHMBmAaYQ&s=19 1:13:18 Decade Wealth https://twitter.com/RyanSAdams/status/1511335785848614923?s=20&t=pu2Lo4bvB6ZEuOjXE0XAjA 1:15:56 Bitcoin Brainwashing https://twitter.com/hasufl/status/1511470668457652224?s=21&t=cyiYBuCMpp87UBQirFDeng 1:21:05 Narratives https://twitter.com/pythianism/status/1511040872376242176 1:21:58 Mobile vs Desktop https://twitter.com/divine_economy/status/1511752759363702795?s=20&t=pvNrwrJabwSxq3uHB7IboQ 1:23:03 Developer Value https://twitter.com/lennysan/status/1511019486643515400?s=20&t=5_FU3CY3NmFjP51gaWv2PA
1:23:53 What David’s Excited About 1:26:40 What Ryan’s Excited About
1:28:31 MEME of the Week https://twitter.com/cmsintern/status/1511658314815397890?t=OyXe0lKV8auz150kYpO9eg&s=19
1:31:40 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.
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
The AI-powered Podcast Player
