Bankless

ROLLUP: Solana’s MakerDAO & Visa Win | Base L2 Halted | Uniswap Court W | Justin Bieber NFT Drop

18 snips
Sep 8, 2023
Discover the potential move of MakerDAO to a new blockchain leveraging Solana's code. Uniswap unexpectedly overtook Coinbase in spot trading volume, signaling major shifts in the DeFi landscape. Explore the implications of Visa's partnership with Maker and the evolving governance models. The episode also touches on the impacts of rising U.S. debt on crypto adoption, alongside an intriguing NFT drop from Justin Bieber. Finally, it reflects on the recent court ruling favoring decentralized platforms amidst ongoing legal battles.
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INSIGHT

Visa Expands Stablecoin Settlement to Solana

  • Visa expands stablecoin settlement options to include the Solana blockchain.
  • This move is seen as a potential win for Solana, but its long-term impact remains uncertain.
ANECDOTE

Base Layer 2 Outage

  • The Base Layer 2 network experienced a temporary halt in block production due to an infrastructure issue.
  • The outage lasted for one hour and two minutes, raising concerns about the reliability of Layer 2 solutions.
INSIGHT

Uniswap Wins Lawsuit

  • A court ruled in favor of Uniswap in a class-action lawsuit, stating that the software cannot be held liable for user losses due to scams.
  • This decision sets a precedent for decentralized platforms and their legal responsibilities.
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