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ROLLUP: Curve Exploit | BASE Memecoins | Richard Heart vs SEC

Bankless

The Law of Chains and the OP Collective

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Will there be any value accrual from other OP chains like base to the OP token itself? How is a layer 2 token like OP going to accrue value, David? Yeah, so this is a really, really good question. We are doing a episode with Ben Jones and Jesse from base about the law of chains, which is how this standard is going to be set. And being a part of the OP collective means that you need to contribute some of your sequencer fees of your layer 2 towards the OP collective. It's like a tax on revenue.

Bankless Weekly Rollup First Week of August, 2023

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------ TIMESTAMPS

0:00 Intro 3:40 MARKETS 5:45 25m ETH Staked https://twitter.com/ultrasoundmoney/status/1686670146427813888 6:40 US Debt Crisis https://twitter.com/stackhodler/status/1686276924773982208 https://www.cnbc.com/2023/08/01/fitch-downgrades-us-long-term-ratings-to-aa-from-aaa.html https://twitter.com/LukeGromen/status/1686516760680214528 https://www.linkedin.com/pulse/whats-happening-economy-great-wealth-transfer-ray-dalio/ 16:10 Tether T-Bills https://twitter.com/paoloardoino/status/1685993811774738432 https://twitter.com/collins_belton/status/1686084175697211392?s=20

20:00 Curve Exploit https://twitter.com/CurveFinance/status/1685693202722848768 https://twitter.com/BanklessHQ/status/1685829565158162432 https://twitter.com/BanklessHQ/status/1685829579334938624?s=20 https://twitter.com/autismcapital/status/1686251750632853504 https://twitter.com/DefiIgnas/status/1686323974563909632?s=20 https://twitter.com/MilkRoadDaily/status/1686422244594012179?s=20 Learn More: https://twitter.com/BanklessHQ/status/1686190496019017730?s=20 https://www.youtube.com/live/I1bVLQdUkMw

24:20 BASE Mainnet Launch https://twitter.com/coinbase/status/1687087044579966976 https://twitter.com/MacnBTC/status/1685589663963078656?s=20 https://pbs.twimg.com/media/F2XvGTsXwAAm9SW https://twitter.com/notEezzy/status/1685994199819190272?s=20 29:00 SBF Conspiracy Theory https://twitter.com/hype_eth/status/1686126115947941890 https://twitter.com/ryansadams/status/1686148330139639808 https://twitter.com/FrankResearcher/status/1686184372485976065?s=20 32:00 Passing Arbitrum https://twitter.com/TheDeFinvestor/status/1685962819051675648 https://twitter.com/westiecapital/status/1686417439372812288 https://twitter.com/sassal0x/status/1686194472689000448

34:55 SEC Sues Richard Heart https://twitter.com/SECGov/status/1686042971190272000?s=20 https://www.sec.gov/news/press-release/2023-143 https://imgur.com/saLUKNd https://twitter.com/TrustlessState/status/1686687165575520256?s=20 https://twitter.com/ercwl/status/1686491323908452353?s=20 37:20 Uniswap Delisting HEX? https://coinmarketcap.com/headlines/news/uniswap-delists-hex-token/

45:00 3AC No Longer US Citizens https://www.theblock.co/post/242675/3ac-co-founder-says-us-court-can-no-longer-tell-him-what-to-do 46:30 Justice…? https://twitter.com/TrustlessState/status/1687086457075236864?s=20 48:20 Richard Heart Documentary https://twitter.com/ercwl/status/1686491323908452353?s=20

51:15 Binance vs DOJ https://www.semafor.com/article/08/02/2023/us-prosecutors-worry-binance-charges-could-cause-run-on-exchange https://twitter.com/cz_binance/status/1686757050464813056?s=20 https://twitter.com/NoelleInMadrid/status/1686808699904344082 54:24 Ethereum’s Birthday and Futures https://twitter.com/LefterisJP/status/1685577856502382592?s=20 https://twitter.com/RyanSAdams/status/1685672504616968192?s=20 https://twitter.com/EricBalchunas/status/1686510111123030016 https://twitter.com/DegenSpartan/status/1686563092061462528 57:30 EIP1559 https://twitter.com/ultrasoundmoney/status/1686419775868620820 https://dune.com/arixon/mev-burn 59:10 MetaMask Staking MATIC https://twitter.com/metamask/status/1684263257450610697 1:00:55 EIP 6968 https://twitter.com/owocki/status/1683916090831937538 1:03:22 Celo Temp Check https://twitter.com/marek_/status/1685982906655662081?s=20 1:03:50 Worldcoin Contd https://twitter.com/ercwl/status/1684939802083282944?s=46 https://twitter.com/koeppelmann/status/1686318014034026496?s=46 1:06:50 Microstrategy BTC https://twitter.com/stackhodler/status/1686633880051200000 1:07:50 DCG Bankruptcy Agreement https://www.theblock.co/post/242350/dcg-says-its-close-to-reaching-agreement-on-genesis-chapter-11-appoints-new-cfo

1:10:00 Questions from the Nation

1:16:45 Important to Internalize https://twitter.com/pythianism/status/1684981202275667968 1:19:45 Bull Market Starting https://twitter.com/TrustlessState/status/1686671529768079360?s=20

1:20:00 What David’s Bullish On 1:25:00 What Ryan’s Bullish On https://twitter.com/ryansadams/status/1686428210991419402

1:27:15 Vitalik’s Take

1:28:45 MEME of the Week https://twitter.com/pseudotheos/status/1685743250127433728

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

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