Bankless

ROLLUP: Trump’s DeFi Project | CFTC vs. Uniswap | Brazil Bans Twitter | Coinbase AI | Polymarket & Bloomberg

Sep 6, 2024

59:32

Snipd AI

A controversial DeFi project linked to Trump raises eyebrows—legit or just a grift? The CFTC's crackdown on Uniswap has the community buzzing about regulatory futures. Brazil's sudden Twitter ban poses tough questions on freedom of speech and censorship. Amidst market turmoil, insights on the potential end of the crypto four-year cycle offer a new perspective. Excitingly, Polymarket now graces Bloomberg, while Coinbase dives into AI, marking a fresh chapter for crypto technology.

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Trump's new DeFi project, World Liberty Financial, raises questions about legitimacy and its influence in the crypto space.

The CFTC's enforcement actions against Uniswap signal increased regulatory scrutiny on decentralized finance, highlighting compliance challenges ahead.

Brazil's Twitter ban amplifies debates on censorship, illustrating the potential role of crypto in promoting free speech and circumventing restrictions.

Deep dives

Trump's New DeFi Project

The podcast discusses the new DeFi project supported by Donald Trump, highlighting its potential influence on the crypto space. Named World Liberty Financial, the platform aims to connect users with decentralized finance tools for high-yield investments. It is set to utilize Ethereum and incorporate a credit accounting system, promoting secure transactions while branding itself as aligned with Trump's political persona. Concerns arise regarding the project's legitimacy due to its association with a previous platform that fell victim to hacking and the questionable backgrounds of some team members.

Intro

2min

Navigating the Bear Market: Crypto Trends and Insights

14min

Exploring Controversies in Crypto and Global Events

3min

Crypto Ambitions and Political Ties

12min

Censorship, Freedom, and Business Ventures

8min

Crypto Developments: Regulatory Challenges and Technological Innovations

4min

Euler V2 and the CFTC's Crypto Regulations

15min

Exploring Psychology and the Bankless Premium Experience

1min

This week in crypto, Trump’s new DeFi project sparked debate—is it legit or a grift? After the SEC, the CFTC targeted Uniswap—what’s going on with regulators?

Brazil’s Twitter ban also made waves—what does it mean for free speech and crypto’s role in resisting censorship?

Markets are asking if the 4-year cycle is dead, and Ryan has three takes on the lackluster crypto prices and what it could mean moving forward.

On the bright side, Polymarket is now on the Bloomberg terminal, and Coinbase is looking to bank the robots—an exciting step for AI and crypto.

------ 📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium

------ 🌊 KELP | Deposit ETH with Gain today https://kelpdao.xyz/gain/?utm_source=Bankless

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 ⁠

🦄UNISWAP | BROWSER EXTENSION https://bankless.cc/uniswap

⚡️ CARTESI | LINUX-POWERED ROLLUPS https://bankless.cc/CartesiGovernance

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🗣️TOKU | CRYPTO EMPLOYMENT https://bankless.cc/toku

------

✨ Mint the episode on Zora ✨

⁠https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/58?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E⁠

------ TIMESTAMPS & RESOURCES

0:00 Intro

2:03 Markets https://x.com/Negentropic_/status/1830685688662040961 https://outlierventures.io/article/token-trendlines-2-bitcoin-halving-the-four-year-cycle-is-dead/ https://x.com/RyanSAdams/status/1831316995691671641 https://x.com/Fiskantes/status/1831302629651042637 https://x.com/SplitCapital/status/1831317921089642915 https://x.com/iamDCinvestor/status/1831318267367145492

18:30 Trump revealed more about his DeFi project, World Liberty Financial! https://www.worldlibertyfinancial.com/ https://x.com/realDonaldTrump/status/1829141447087648796 https://x.com/lex_node/status/1831084542377206220 https://x.com/lex_node/status/1831105068952961399 https://x.com/nic__carter/status/1831145983847137451 https://x.com/worldlibertyfi/status/1831348462635397271 https://x.com/RyanSAdams/status/1829500453152837828

32:07 Brazil banned Twitter https://x.com/elonmusk/status/1829778143449698764 https://x.com/RyanSAdams/status/1831015509384364428

37:17 Binance exec Tigran Gambaryan entered Nigeria court on crutches https://x.com/_RichardTeng/status/1830869029705441553

41:47 Arbitrum released Stylus! https://x.com/arbitrum/status/1831020553211089243 https://x.com/joeykrug/status/1831367181885698392

43:30 Euler V2 is back! https://x.com/eulerfinance/status/1831331399619756375

48:03 Celestia releases technical roadmap https://blog.celestia.org/roadmap/

48:39 Bloomberg added Polymarket election data to Terminal https://x.com/M_McDonough/status/1829166689516442043 https://x.com/shayne_coplan/status/1830984489259901203

50:13 CFTC charges Uniswap with illegal derivatives trading https://www.cftc.gov/PressRoom/PressReleases/8961-24 https://www.cftc.gov/PressRoom/SpeechesTestimony/phamstatement090424 https://x.com/MinarikLaw/status/1831363800542634459

53:11 AIs are now paying other AIs with crypto https://x.com/brian_armstrong/status/1829623778726592804

56:32 MEME of the Week https://x.com/TrustlessState/status/1831386476841726226

59:03 Closing & Disclaimers

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Bankless

ROLLUP: Trump’s DeFi Project | CFTC vs. Uniswap | Brazil Bans Twitter | Coinbase AI | Polymarket & Bloomberg

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Trump's New DeFi Project

Market Trends and September Blues

CFTC's Actions Against Uniswap

Brazil's Twitter Ban and Censorship Issues

AI Transactions with Crypto

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

AI-powered
podcast player

Discover
highlights

Bankless

ROLLUP: Trump’s DeFi Project | CFTC vs. Uniswap | Brazil Bans Twitter | Coinbase AI | Polymarket & Bloomberg

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Trump's New DeFi Project

Market Trends and September Blues

CFTC's Actions Against Uniswap

Brazil's Twitter Ban and Censorship Issues

AI Transactions with Crypto

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

AI-poweredpodcast player

Discoverhighlights

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

AI-powered
podcast player

Discover
highlights