Bankless ROLLUP: SBF Trial Underway | ETH ETFs Are Here | Ripple Wins Again
Oct 6, 2023
The trial of Sam Bankman-Fried is underway, revealing courtroom drama and jury selection dynamics. Ethereum Futures ETFs are making waves in the financial sector, demonstrating a shift toward mainstream acceptance. Ripple secures a significant legal victory against the SEC, challenging regulatory inconsistencies. The cryptocurrency market sees an uptick in Ethereum activity, hinting at potential bullish trends amidst economic pressures. Meanwhile, a playful take on crypto icons lightens the mood with a Dungeons and Dragons alignment twist.
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October Déjà Vu
- The hosts compare the current October to last year's, which preceded the FTX collapse.
- Despite a grueling summer in 2022, the market downturn worsened after a brief respite.
Apply to A16Z Startup School
- Apply to A16Z Crypto Startup School by October 20, 2023.
- The program offers mentorship from top entrepreneurs and A16Z partners, valuable for crypto founders.
Mixed Market Signals
- Bitcoin is up 2% while Ether is down 2% despite the launch of ETH futures ETFs.
- Layer 2 adoption shows positive signs, with over 2 million unique addresses interacting in the last week.
