🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/

-----

GO BANKLESS WITH THESE SPONSOR TOOLS:

⭐️LEDGER - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥

https://bankless.cc/ledger

🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion

💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith

🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn

------

BTC Price- Hit ATH- BTC on Ethereum down 3,300 BTC from 151,700 to 147,400!

ETH Price

- Extremely volatile lately!- Bouncing between $570 and $620- Currently $615- David thinks its launch time, any minute now

Is $ETH Bitcoin in 2015? https://twitter.com/IamCryptoWolf/status/1333720041553088515?s=20 ETH p/s is 86!!! Lower than Zoom

TVL in DeFi- $14.1B to $14.7B- $DPI: $108 to $116.30

Stablecoins

- $20B of them

https://twitter.com/lawmaster/status/1334124165033549826?s=20 https://www.coindesk.com/stablecoins-asset-value-20-billion

DeFi Lending ATH- $7.6B in November, up 88% since Octoberhttps://twitter.com/lawmaster/status/1334124188421009408/photo/1

RELEASES

The first block of Ethereum 2.0 was mined!https://beaconscan.com/slot/1

Ether Capital prospectus https://drive.google.com/file/d/1sZb6mMlRoGl6UZNf7rzNadUdL76vnY-J/view - A really good read for understanding how publicly traded companies speak about ETH and Ethereum- Ether capital running a staking nodehttps://www.businesswire.com/news/home/20201201005696/en/Ether-Capital-Corporation-Announces-Initial-Commitment-to-Staking-on-Ethereum-2.0

Centralized Staking-as-a-Service providers are flocking

- Coinbasehttps://blog.coinbase.com/ethereum-2-0-staking-rewards-are-coming-soon-to-coinbase-a25d8ac622d5?gi=8a516790f190

- Binancehttps://twitter.com/binance/status/1333762624731930627?s=20 2x rewards??

Tim Roughgarden EIP1559 reporthttp://timroughgarden.org/papers/eip1559.pdf - Highly anticipated, long-awaited, in-depth academic report on EIP1559- Take off all remaining breaks on EIP1559https://twitter.com/nicksdjohnson/status/1334261078692306944?s=20

Vitalik comprehensive Ethereum roadmaphttps://twitter.com/vitalikbuterin/status/1333922620857745408?s=21

Aave V2 is on Mainnethttps://medium.com/aave/the-aave-protocol-v2-f06f299cee04

Loopring built an AMM on it’s zkRollups L2https://medium.com/loopring-protocol/looprings-zkrollup-amm-is-live-2f8251cd0fcd - Looks like Uniswap, but acts like Loopring

Fireblockshttps://www.fireblocks.com/blog/fireblocks-defi-for-institutional-trading-lending-and-staking/

- Institutional bridge for yield in DeFi?

Gnosis Safe introduces spending limitshttps://blog.gnosis.pm/gnosis-safe-spending-limits-f05b775d06b3 - One more step in replicating the legacy experience with crypto-infrastructure

Track Whale traders on Uniswaphttps://www.uniwhales.io/

Staking Liquidity services cropping uphttps://www.stafi.io/https://lido.fi/ - Sign of things to come!

NEWS

ETH 2 in the mainstream newshttps://www.cnbc.com/2020/12/01/ethereum-2point0-eth-cryptocurrencys-network-starts-a-major-upgrade.html

Visa Partners with Circle / USDC to get USDC to run through the Visa networkhttps://www.forbes.com/sites/michaeldelcastillo/2020/12/02/visa-partners-with-ethereum-digital-dollar-startup-that-raised-271-million/amp/?sh=2857044f4b1f&__twitter_impression=true

S&P index for crypto:https://twitter.com/RyanSAdams/status/1334499320838631424?s=20

Bad Governance:

Rashida Tlaib introduces legislation around stablecoins and bankinghttps://tlaib.house.gov/media/press-releases/tlaib-garcia-and-lynch-stableact

Good Governance:

Canada accelerating digital currency planshttps://decrypt.co/50213/bank-of-canada-digital-currency-pandemic

Libra rebrands to Diem ahead of 2021 launch https://www.coindesk.com/libra-diem-rebrand

China has seized over $4.2B from the PlusToken Ponzi https://www.theblockcrypto.com/post/85873/china-seize-billion-cryptos-from-plustoken-crackdown

194,775 BTC - $3.3B833,083 ETH - $435M

Oracle failure leads to $88M in liquidations in Compound

https://www.theblockcrypto.com/post/85850/dai-compound-dydx-liquidations-defi

- DAI price spiked to $1.30 on Coinbase, which Compound uses as an oracle.- 124 unique accounts got liquidated- It is worth noting that such massive liquidations at Compound have occurred for the first time.

More Ethereum nodes than Bitcoin nodes

https://twitter.com/etherchain_org/status/1333173744089640960?s=20 - Bitcoin = 10,981- Ethereum = 11,137

Venezualean government continues to leverage Bitcoin out of necessity

https://cointelegraph.com/news/venezuelan-army-starts-mining-bitcoin-to-make-ends-meet

- Making revenue via Bitcoin mining

What Shia LaBeouf Gets Wrong About Joy