ROLLUP: 4th Week of February (BIG DIP, NFT Culture, Coinbase IPO, Ethereum Jobs)
Bankless
Advancements in DeFi Scalability and Innovation
This chapter explores the upcoming launch of rollups which will replicate DeFi protocols, addressing Ethereum's high gas fees. It discusses the importance of layer two solutions, highlighting DYDX's implementation of ZK rollups and Chainlink's oracle upgrades to enhance efficiency. Additionally, the chapter examines innovative collaborations in the NFT space and introduces Alchemix's unique protocol for user-friendly yield generation and borrowing without repayment concerns.
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------ 📣LATTICE - NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus
------ MARKETS
BTC Price $50k - Dip after breaking $58k
ETH Price Broke $2k - Hanging in mid-$1600s with Dip
TVL in DeFi Peaked at $43B - Now at $35B
$DPI - $370
Biggest Day Ever for DEX Volume https://twitter.com/duneanalytics/status/1364473902177677313?s=21
DeFi Pulse Releases New Cryptodollars Page https://twitter.com/defipulse/status/1364310453959200780?s=20
Retail Isn’t Here Yet https://twitter.com/lawmaster/status/1364941277129768964?s=20
------ RELEASES
Optimism dope hires https://twitter.com/optimismPBC/status/1364705156705579009
Andreessen Horowitz on Optimistic Rollups https://a16z.com/2021/02/24/investing-in-optimism/
Dydx Layer 2 w/ ZK-Rollup https://dydx.exchange/blog/alpha
Chainlink Saving Massively on Gas https://decrypt.co/59244/chainlinks-latest-upgrade-a-rapid-evolution-for-defi-ceo-sergey-nazarov
Balancer Aave Partnership https://medium.com/balancer-protocol/balancer-partners-with-aave-to-build-the-first-v2-asset-manager-d9c173330151
Zapper NFT Dashboard https://twitter.com/DeFi_Dad/status/1364308685753843726?s=20
Alchemix https://twitter.com/AlchemixFi/status/1363658484303097858
Tim Beiko proposal for EIP1559 inclusion in London ETH 1 hard fork https://github.com/ethereum/pm/issues/254
------ NEWS
Fedwire goes down https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html
Coinbase Files To Go Public https://twitter.com/lawmaster/status/1364918649425973249?s=20
Nyan Cat NFT sells for 300ETH https://foundation.app/NyanCat/nyan-cat-219
Alpha / Cream Repaying Funds https://blog.alphafinance.io/joint-announcement-on-funds-repayment/
South Korea Bans Privacy Coins from Crypto Banks https://news.bitcoin.com/south-korean-financial-regulator-confirms-privacy-coin-delistings-adds-new-guidelines-to-report-unusual-transactions
Square Buys $170mm BTC https://twitter.com/DeItaone/status/1364319316750061570
MicroStrategy Buys $1.026B BTC https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin
Tether & Bitfinex New York Settlement - $18.5mm https://www.theblockcrypto.com/post/95207/bitfinex-tether-new-york-ag-settlement-lawsuit
Brave Wallet + DEX Aggregator - Doubling down https://twitter.com/brave/status/1364296807614930948?s=20
SoRare Professional Soccer (football) NFT Platform https://sorare.com/
------ TAKES
Michael Burry (Big Short) On Inflation https://markets.businessinsider.com/currencies/news/big-short-michael-burry-warns-inflation-bitcoin-gold-hedge-risk-2021-2-1030102452
NFT Inflection Point https://twitter.com/jbrukh/status/1364785907379941377?s=20
Emotional Robbery by Web2 platforms https://twitter.com/TrustlessState/status/1364786359932575745?s=20
Current Prices are the bottom of next Bear Cycle https://twitter.com/cburniske/status/1363189837675646977?s=20
Ethereum the Employer https://twitter.com/TrustlessState/status/1364603328601022467?s=20
Ryan's Jaded About Delegated POS https://twitter.com/ryansadams/status/1364789743054159876?s=21
------ MEME
L2 Implementers Assemble https://twitter.com/Crypt0xWife/status/1364044469323128833?s=20
I am Groot https://twitter.com/Crypt0xWife/status/1363325351724806145?s=20
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----- 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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