Bankless ROLLUP: SBF in the USA | Visa Ethereum Payments | Trump NFTs | Binance Buys Voyager
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Dec 23, 2022 This discussion dives into the legal saga of SBF as he faces extradition to the U.S. and explores the implications for FTX's recovery efforts. It details Binance's potential rescue of Voyager and highlights Visa's innovations in Ethereum payments. The conversation also tackles the NFT market, featuring Trump-themed collectibles and trading dynamics, while examining the impact of decentralized finance amid traditional banking failures. Insights into cryptocurrency jobs and the resilience of the community during the bear market add further depth.
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DeFi's Rise
- Despite a $2 trillion market cap drop, DeFi is growing, with DEX traders increasing on Ethereum and Layer 2s.
- Layer 2 scaling is significantly boosting Ethereum's transaction capacity.
MakerDAO's RWA Revenue
- MakerDAO's revenue increased significantly due to real-world assets (RWAs) like treasury bonds.
- This approach, while carrying risks, gives MakerDAO unique advantages in the DeFi landscape.
Bear Market Networking
- Network in the bear market, connect with quality people when the short-term gains seekers are gone.
- Provide value, engage on Twitter, and attend in-real-life events to build lasting relationships.