Bankless

ROLLUP: CFTC's Attack On Crypto | FTX Offloading Billions | Live From Permissionless!

Sep 14, 2023

01:13:08

Snipd AI

The podcast discusses topics such as the CFTC's attack on crypto, FTX offloading billions, recent developments in crypto regulation, the hacking of Vitalik's Twitter account, the four-year cycle in the cryptocurrency market, CFTC's actions against DeFi projects, FTX's bankruptcy and its potential impact on the crypto market, the market value of cryptocurrencies, a liquid staking proposal, a cryptocurrency exchange founder receiving a jaw-dropping prison sentence, the evaluation of layer zero in crypto, burning Ethereum and its impact on market cap.

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Secure account recovery and private key security are crucial to protect against sim-swapping attacks.

The partnership between Arbitrum and Espresso aims to bring mev fairness and improved transaction ordering to the Arbitrum network.

Franklin Templeton has filed for a spot Bitcoin ETF, reflecting the growing institutional interest in Bitcoin.

Deep dives

CFTC charges open, zero_x, and dYdX with offering illegal digital asset derivatives trading

The CFTC has charged open, zero_x, and dYdX with failing to register as swap execution facilities, failing to register as futures commission merchants, and illegally offering leverage and margin retail commodity transactions in digital assets.

Introduction

2min

Twitter Security Risks and The Benefits of Upgrading to Aave V3

2min

Permissionless Event Update and Crypto Regulation

5min

Nerds and Jocks, Crypto Market Update, and Current Cycle

2min

The Four-Year Cycle in the Cryptocurrency Market

7min

Influencer Benefits, CFTC's Approach, Metamask Snaps, ftx Bankruptcy, and Sponsor Highlights

2min

CFTC's Actions Against DeFi Projects

15min

FTX Bankruptcy and the Potential Impact on the Crypto Market

2min

Market Value of Cryptocurrencies and Upcoming News

3min

10.

Liquid Staking Proposal and Ethereum Anti-Trust Force

14min

11.

Cryptocurrency Exchange Founder Sentenced to 11,196 Years in Jail

7min

12.

Evaluation of Layer Zero in Crypto and ETH's Market Cap Calculation

3min

13.

Burning Ethereum and Market Cap

9min

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----- TIMESTAMPS & RESOURCES

0:00 Intro 3:45 Permissionless Recap 9:06 MARKETS https://pro.kraken.com/app/trade/btc-usd https://pro.kraken.com/app/trade/eth-usd https://pro.kraken.com/app/trade/eth-btc

12:08 Friend.Tech vs Ordinals https://twitter.com/tyler_did_it/status/1700515163906912637?s=46 https://dune.com/dgtl_assets/bitcoin-ordinals-analysis https://twitter.com/0xcygaar/status/1700557505330307308?s=46

19:43 CFTC settled charges against DeFi https://www.cftc.gov/PressRoom/PressReleases/8774-23 https://www.cftc.gov/PressRoom/SpeechesTestimony/mersingerstatement090723 https://twitter.com/lex_node/status/1699912782416658605 https://twitter.com/antonttc/status/1699935302616482204?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://twitter.com/jchervinsky/status/1699934869118190054?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://twitter.com/CFTCpham/status/1699936965259673934

28:44 Gary Doubles Down https://www.banking.senate.gov/imo/media/doc/gensler_testimony_9-12-23.pdf https://twitter.com/WatcherGuru/status/1701609274278080516?s=20 https://x.com/TrustlessState/status/1701287340314878430?s=20

33:16 Spot Bitcoin ETF https://blockworks.co/news/franklin-templeton-bitcoin-etf https://www.youtube.com/live/EdDsqW9CYys?si=SnCsraZBGR_0Z8Tx&t=12259