Ethereum Breaks Again

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Bankless HQ put out a tweet headline saying, Ethereum broke again. And then went through a thread that had some really good content. A lot of people we thought were part of the bankless community "were just lighting us up," he says. We tried to apologize, but when you're being like sort of mob attacked like this, sometimes there's nothing you can do.

Bankless Weekly Rollup 3rd Week of May 2023

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------ Topics Covered

0:00 Intro

2:55 MARKETS 5:00 ETH Staking Update https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators Monitor: https://validator-queue-monitoring.vercel.app/ 7:00 Macro Market Trends https://www.cnbc.com/2023/05/15/paul-tudor-jones-says-the-fed-is-done-raising-rates-stocks-to-finish-the-year-higher-from-here.html 11:20 Liquidity Drying Up https://twitter.com/ramahluwalia/status/1657924211770380290 https://www.youtube.com/watch?v=qbr8965IYfo&t=3830s 13:30 The Bore Market https://twitter.com/sassal0x/status/1656857007385894912 14:50 The Promise of Crypto https://twitter.com/RyanSAdams/status/1659177889428914177 16:30 Layer Two Activity https://l2beat.com/scaling/tvl

21:30 What Happened to Ethereum? https://twitter.com/0x_Osprey/status/1659019122548830209 24:40 Client Diversity https://clientdiversity.org/#why 27:15 Not a Monolith https://twitter.com/TrustlessState/status/1657316158729494528 29:30 Block Reorgs https://www.youtube.com/watch?v=QkMjcqVEARc

33:15 Is Ledger Safe? https://www.ledger.com/recover 36:30 Ledger Comms https://twitter.com/Ledger_Support/status/1658892462440456192 40:10 Canceling Ledger https://twitter.com/oklahodl1/status/1658580508320620546 https://twitter.com/0xfoobar/status/1658460603831263232 https://twitter.com/Mudit__Gupta/status/1658368265687556097 https://twitter.com/hosseeb/status/1658740433361702913 43:25 Did They Do Anything Wrong? https://twitter.com/0xfoobar/status/1658965272416452609 49:00 Redundancy https://twitter.com/TrustlessState/status/1658788949165322242

51:00 Coinbase vs the SEC https://twitter.com/MetaLawMan/status/1656737447756038177 53:30 Gary Speaks https://twitter.com/ROCKilroy/status/1658206561125146630?s=20 55:00 Summary https://twitter.com/milesjennings/status/1658515975170555904

58:00 Nike Dot Swoosh https://www.swoosh.nike/location 1:01:10 Optimism Bedrock https://twitter.com/optimismFND/status/1658202279147601921 Polynya: https://twitter.com/apolynya/status/1658312190577836032 1:04:05 Worldcoin OP https://worldcoin.org/blog/announcements/worldcoin-commits-optimism-superchain-vision-ahead-mainnet-launch 1:04:55 Lido v2 https://twitter.com/LidoFinance/status/1658195242149879824 1:05:20 PayPal MetaMask https://metamask.io/news/latest/metamask-and-paypal-all-you-need-to-know-about-buying-eth/ 1:06:30 On-Chain Cease & Desist https://twitter.com/zachxbt/status/1659078481228058624 1:08:00 DRC-20s on Dogecoin https://bitinfocharts.com/comparison/transactions-btc-ltc-doge.html#3m Doge Maxis: https://twitter.com/938433911/status/1657961759322562560 1:09:45 EU MiCA Just Passed https://www.consilium.europa.eu/en/press/press-releases/2023/05/16/digital-finance-council-adopts-new-rules-on-markets-in-crypto-assets-mica/ 1:11:00 Do Kwon Bail https://www.theblock.co/post/230575/do-kwon-bail 1:12:15 Sam Altman Congress https://twitter.com/BanklessHQ/status/1658498249727307776

1:19:00 Questions from the Nation

1:25:00 David’s Shirt https://twitter.com/TrustlessState/status/1659182411467350016 1:26:40 Abandoning Wallets https://twitter.com/0xDesigner/status/1658851890803744768

1:28:00 What David’s Bullish On https://imgur.com/vlEaQMG 1:29:25 Permissionless Spaces

1:30:15 What Ryan’s Bullish On https://twitter.com/RyanSAdams/status/1658660759352614914 https://twitter.com/MetaVsGaming/status/1658687862269771777

1:36:40 MEME of the Week https://twitter.com/MinisterOfNFTs/status/1657793552808656900 https://twitter.com/balajis/status/1657879440146444288

1:37:15 Moment of Zen https://twitter.com/linusekenstam/status/1657083568231702528

---- 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