Decentralized Developments and Legal Dilemmas

This chapter explores the competitive launch of ZK EVM mainnets like Polygon and ZK Sync, emphasizing the differences between mainnets and testnets. It also reflects on the ongoing legal challenges faced by developers in the crypto space, particularly regarding events related to Tornado Cash, while analyzing the expanding landscape of NFTs on the Bitcoin network. Through humor and candid discussions, the chapter touches on the absurdities and serious consequences within the evolving blockchain ecosystem.

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Bankless Weekly Rollup 3rd Week of February 2023

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------ Topics Covered

0:00 Intro 4:00 Markets 7:35 Inflation https://www.cnbc.com/2023/02/14/consumer-price-index-january-2023-.html https://eu.usatoday.com/story/money/economy/2023/02/14/cpi-january-inflation-data-today-live-updates/11247836002/ 11:45 ETH Supply https://ultrasound.money/ 15:54 BTC Halving Timelines https://twitter.com/DU09BTC/status/1626118062360469505

23:40 U.S. Ban Hammer https://www.sec.gov/news/press-release/2023-25 https://twitter.com/GaryGensler/status/1623777842000539648 https://blog.kraken.com/post/17619/settlement/ 28:15 Commissioner Hester M. Peirce Dissent https://www.sec.gov/news/statement/peirce-statement-kraken-020923 31:55 Coinbase Reactions https://twitter.com/brian_armstrong/status/1623860170404286464 https://twitter.com/brian_armstrong/status/1624829368915890176 33:00 Reactions & Takes https://twitter.com/ohaiom/status/1624534998069006337 https://twitter.com/milesjennings/status/1623850932860784641 38:30 SEC & NYDFS Hammering on Paxos https://paxos.com/2023/02/13/paxos-issues-statement/ 40:10 PayPal Pauses Stablecoin Work https://www.bloomberg.com/news/articles/2023-02-10/paypal-pauses-stablecoin-work-amid-regulatory-scrutiny-of-crypto 42:10 New SEC Rule restricts Which U.S. Companies Can Custody Crypto https://www.coindesk.com/policy/2023/02/15/sec-proposal-could-bar-investment-advisers-from-keeping-assets-at-crypto-firms/ 48:22 Hester Take https://www.sec.gov/news/statement/peirce-statement-custody-021523

49:45 Blur Drop https://twitter.com/blur_io/status/1625566146241114112 https://www.coingecko.com/en/coins/blur https://twitter.com/MannionNFT/status/1625602378106908673 https://twitter.com/BanklessHQ/status/1625620810902675457

53:45 ETH https://twitter.com/ultrasoundmoney/status/1625209951944642581 https://nerolation.github.io/mevflow.html 55:38 Polygon zkEVM Mainnet Launched on March 27th! https://twitter.com/MihailoBjelic/status/1625532387235971076 56:50 zkSync Era Mainnet https://twitter.com/zksync/status/1626235292268240902 https://forms.gle/KBreznP3g8aJYTJS7

1:01:30 NFTs https://twitter.com/cozomomedici/status/1625206526800703488 1:01:52 BTC NFTS https://dune.com/dataalways/ordinals https://www.coindesk.com/web3/2023/02/09/bitcoin-punks-ordinal-nft-collection-soars-in-value/

1:06:40 SBF https://www.cnbc.com/2023/02/15/sam-bankman-frieds-two-bond-guarantors-revealed-after-unsealing-.html https://twitter.com/AutismCapital/status/1625930741367595008

1:07:57 Celsius https://twitter.com/CelsiusUcc/status/1625854272561889281 https://twitter.com/CelsiansNetwork/status/1625600427696717825

1:10:30 Releases Sign-In with Ethereum on Shopify https://twitter.com/sadaf_eth/status/1624086599486283776 1:11:55 Token Terminal Financial statements for DAOs https://twitter.com/tokenterminal/status/1625838112218677250

1:16:25 Questions from the Nation

Takes of the Week 1:23:40 Balaji https://twitter.com/balajis/status/1625720725645692928 1:25:40 6529 https://twitter.com/punk6529/status/1625619140705656847 1:26:15 Ryan Question https://twitter.com/RyanSAdams/status/1625832853056417792

1:30:00 What David’s Bullish On 1:32:45 What Ryan’s Bullish On https://twitter.com/RyanSAdams/status/1626249830191321089

1:37:22 MEME of the Week https://twitter.com/ColinLieb/status/1623815237425106948

Risks & 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://www.bankless.com/disclosures

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