Chris Tarbell is a former FBI Agent specializing in cyber investigations. While at the FBI, Chris led some of the most high-profile cybercrime investigations in the world, including the arrest of members of the hacker group LulzSec, as well as the founder of the Silk Road, Ross Ulbricht, which resulted in the largest seizure of bitcoins to date. ------ ✨ DEBRIEF | Unpacking the episode:  https://www.bankless.com/debrief-the-fbi-agent-who-took-down-the-silk-road    ------ ✨ COLLECTIBLES | Collect this episode:  https://collectibles.bankless.com/mint  ------ Rarely do we have the opportunity to pick the brain of a cybercop, but this was our opportunity to see through the eyes of the FBI agent who took down the Silk Road in the largest crypto seizure ever recorded. In today’s episode, Chris shares the story of crypto, Ross Ulbricht, and the Silk Road as told by the FBI agent who took it down. We also dig into the eternal cat-and-mouse game between Cybercriminals and Cyberpolice, how to protect yourself from people who want to take your crypto, and if the FBI wants your private keys, how they get them.  ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/join  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | #1 SOLANA WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  ------ Topics Covered 0:00 Intro 9:10  Bitcoin Predictions  10:08 FBI’s Crypto Impression 11:15 Chris’s Crypto Aha Moment  16:11 FBI’s Institutional Knowledge 17:00 Silk Road Story  21:25 FBI Divisions  27:14 Growth of the Silk Road  30:39 Purchasing on the Silk Road 31:36 Why End the Silk Road? 34:17 Ross Ulbricht 37:38 Timeline of the Investigation  39:00  Dread Pirate Roberts 42:20 Ross Ulbricht as a Martyr 43:27 What Ross Was Charged With? 44:05 Chris’s Thoughts on Ross? 46:30 Sabu vs. Ross 48:05 Other Charges  50:53 Silk Road Principles  52:45 Silk Road Bitcoin Vault 54:53 Seizing the Laptop  56:04 The Black Marketplace Wave  57:32 FBI Adapting  1:00:52 Cyber Police  1:03:26 What Chris Sees in Crypto  1:06:30 Bursting the Crypto Utopia  1:10:59 Crypto Tools  1:12:11 Steelmanning the Crypto Case  1:15:39 Tornado Cash 1:17:58 Hive Ransomware 1:21:05 Profile of a Hacker  1:22:21 The New Frontier of Ransomware 1:22:38 Nationstate Actors  1:25:04 Honeypots for Hackers 1:27:49 How to Protect Yourself 1:32:06 Prioritizing Targets  1:36:00 zkProofs & Privatization 1:39:32 Missing Silk Road Bitcoin Story  1:43:46 Chris’s Podcast 1:45:10 Closing & Disclaimers  ------ Resources: Hacker and the Fed https://podcasts.apple.com/us/podcast/hacker-and-the-fed/id1649541362  Naxo https://www.naxo.com/  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

There are bank runs and also rumors of more bank runs on the horizon. One side says, “the banks are insolvent, get to the lifeboats.” Another side says, “the banks are going to be fine…we’re sick and tired of doomers pulling the fire alarm.” Who’s right? This is our third episode in a series of conversations. To get the full debate you’ll need to listen to the last two episodes with Balaji Srinivasan and Arthur Hayes. In this episode, we’re speaking with Ben Hunt who lays out the counterpoint details on why banks are going to be fine. He believes Balaji and Arthur are dangerously wrong. Tune in to hear why!   ------ 📣 Infura | New SDK for NFT APIs For Devs https://bankless.cc/Infura  ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/dashboard  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi   ------ Timestamps 0:00 Intro 6:55 Ben’s Crypto Credentials  10:36 Critiques of the Fed 16:55 Ben’s Understanding of Balaji’s Thesis 24:33 What Ben Believes is Untrue 33:42 Treasuries Are the Safest Assets? 43:34 Ben’s Objection 45:55 Icebergs 50:52 Fiat is Better?  57:45 Step Back for Society?  1:02:26 Checks on Power 1:07:39 Rules-Based Monetary Policy  1:12:30 How to Fix the Fed 1:15:35 Closing & Disclaimers  ------ Resources: Previous Debates  https://www.bankless.com/balaji-bets-the-dollar-will-hyperinflate-to-zero-not-a-drill   https://www.bankless.com/arthur-hayes-says-get-your-bitcoin-and-get-out  Ben Hunt https://twitter.com/EpsilonTheory  ------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

Alex Gluchowski is the Co-founder and CEO of Matter Labs and the creator of zkSync. Anthony Rose is the head of engineering at Matter Labs and has a background in software and machine learning. Prior to joining Matter Labs, Anthony spent a number of years in the industry building teams at SpaceX.  In today’s episode, the four talk about zkSync’s massive announcement, they’ve launched their zkEVM to mainnet! They also delve into the engineering challenges, what zk unlocks, the difference between zkEVM vs Optimistic Rollups, what builders need to know, and of course…wen token?!  ------ 📣 Infura | New SDK for NFT APIs For Devs https://bankless.cc/Infura  ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/dashboard  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi   ------ Timestamps 0:00 Intro 8:15 zkSync’s Era Mainnet Launch 8:53 The Importance of zkSync Era 9:53 zkSync Era 13:53 Staged Roll-Out 18:50 zkSync Era Projects 21:14 Engineering Challenges  26:25 What Does zk Unlock?  28:16 zkEVMd vs Optimistic Rollups 36:35 How Low Can Gas Fees Go? 39:22 The Power of zkEVMs 48:58 How is zkSync Era Different? 53:08 New Risks to Pay Attention to 55:35 Path to Decentralization & Security 1:03:42 What Do Builders Need to Know?  1:05:36 Resources 1:07:12 Token?!  1:08:20 Closing & Disclaimers ------ Resources: zkSync Website https://zksync.io/  Alex Gluchowski https://twitter.com/gluk64  Anthony Rose https://twitter.com/anthonykrose  ------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

Bankless Weekly Rollup 4th Week of March 2023 ------ 📣 Infura | New SDK for NFT APIs For Devs https://bankless.cc/Infura  ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/dashboard  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi   ------ Topics Covered 0:00 Intro 3:08 Markets 6:47 FED hikes https://www.cnbc.com/2023/03/22/fed-rate-hike-decision-march-2023.html  12:30 Volatility https://twitter.com/ColeGotTweets/status/1637645721485598725  13:40 ETHBTC & Wartime https://twitter.com/TrustlessState/status/1638878806105628673  22:50 Crypto VC List https://coinstack.substack.com/p/the-crypto-vc-list-2023  27:48 Do Kwon Arrested https://twitter.com/BanklessHQ/status/1638891838881910785  29:38 Arbitrum Airdrop https://twitter.com/arbitrum/status/1638163831833649152  33:14 Earnifi https://earni.fi/account   https://www.coingecko.com/en/coins/arbitrum  37:24 War on Crypto  37:34 SEC Coinbase Wells Notice  https://twitter.com/RyanSAdams/status/1638655328257548289  https://twitter.com/brian_armstrong/status/1638654192138199041  https://twitter.com/iampaulgrewal/status/1638660032324829184  https://twitter.com/brianquintenz/status/1638747660080533504  https://twitter.com/jessepollak/status/1638716234027106305  https://twitter.com/RebeccaRettig1/status/1638867335745290240  46:25 Sushi SEC Subpoena https://www.theblock.co/post/221723/sushi-hit-with-sec-subpoena-seeking-3-million-usdt-legal-defense-fund  46:55 SEC Lawsuit Against Justin Sun & Celebrity Promoters https://www.nytimes.com/2023/03/22/technology/justin-sun-sec-crypto.html  47:55 Bank Pressure & Contagion Spreads https://www.cnbc.com/2023/03/20/what-ubs-rescue-of-credit-suisse-cs-means-for-markets-and-banks.html  https://www.wsj.com/articles/signature-bank-new-york-community-bancorp-flagstar-bank-crypto-barney-frank-fdic-9b825e2e  56:56 Euler Hack Update https://twitter.com/peckshield/status/1636985705858764800?s=20  https://twitter.com/TrustlessState/status/1637864971290697738  https://twitter.com/chainalysis/status/1636739618249867265?  https://twitter.com/proofofjake_/status/1638225829397143555  58:55 IRS Tax Treatment of NFTs https://www.irs.gov/newsroom/irs-issues-guidance-seeks-comments-on-nonfungible-tokens  1:00:15 Magic Eden Bitcoin Ordinals https://cointelegraph.com/news/magic-eden-launches-marketplace-for-bitcoin-ordinals  1:01:29 Avalanche Short Outage https://twitter.com/WuBlockchain/status/1638711219778646016  1:02:40 Florida Gov. US CBDC Ban https://www.flgov.com/2023/03/20/governor-ron-desantis-announces-legislation-to-protect-floridians-from-a-federally-controlled-central-bank-digital-currency-and-surveillance-state/  1:04:30 New Green Pill Channel  https://www.youtube.com/channel/UCrX_72ziMAZMb8fwD2HyOaw  1:05:18 Bankless Merch https://137s232gkpwm42ei-26449739831.shopifypreview.com/products_preview?preview_key=b4f7d5e5a88c4e2852bf37665f580cd0&variant=40128096206903  1:06:40 Immutable x Polygon Labs https://twitter.com/0xPolygon/status/1637878834945990675  1:07:44 Microsoft Wallet in Edge Browser  https://twitter.com/thebookisclosed/status/1636759487829917698  1:08:25 Sismo https://twitter.com/Sismo_eth/status/1636371873377423361  1:09:50 PleasrHouse UniBlocks https://twitter.com/PleasrDAO/status/1638858333506646020  1:12:25 Farcaster Web Login https://twitter.com/dwr/status/1638297074365239296  1:12:45 Ledger Browser Extension https://www.ledger.com/ledger-extension  1:13:21 Blockworks ‘GrantFarm’ https://blockworks.co/grants  1:13:48 Raises https://twitter.com/HilmarVeigar/status/1638180896611377154  1:15:05 Jobs https://pallet.xyz/list/bankless/jobs  1:17:55 Questions from the Nation Tadziu Jacksonthedev 1:22:22 Takes https://twitter.com/Fiskantes/status/1637497040933625858  https://twitter.com/sassal0x/status/1637702828306358272  1:25:13 What David’s Bullish On 1:27:30 What Ryan’s Bullish On 1:29:35 MEME of the Week https://watcher.guru/news/belgium-to-require-all-crypto-ads-to-state-only-guarantee-in-crypto-is-risk  1:30:52 Risks & Disclaimers 1:31:07 Moment of Zen https://twitter.com/biancoresearch/status/1638174103038472195   ---- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

You might know Arthur Hayes as perhaps THE dominant financial creative writer in crypto. When Arthur Hayes drops an article, it commands the attention of basically everyone in the industry.  And he’s done it again with his new piece, “Kaiseki,” which outlines one of the most chaotic and critical times in the macro and monetary landscape that we’ve seen, at least since 2008.  In today’s episode, Arthur walks us through his essay, why he believes Balaji’s $1M Bitcoin bet is wrong, how he’s navigating these tumultuous times, and so much more.  ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/join  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi   ------ Timestamps: 0:00 Intro 6:27 Arthur’s Recent, “Kaiseki” Essay 13:09 Bank Term Funding Program (BTFP)  18:08 Effect on the Banking Sector 24:30 Current State of the Banking Sector  30:44 Should We Support BTFP? 39:11  What’s Going to Happen to Crypto?  46:56 Sending Bitcoin to $1M  55:05 Effects on Expanding Variables  57:35 Who Takes the Loss?  1:00:00 Rampant Inflation Worldwide & Fiat 1:03:36 Swap Lines  1:06:07 Punchlines & Endgame  1:09:25 Everyone is a Speculator 1:10:49 What Will Arthur Hayes Do? 1:13:36 Closing & Disclaimers   ------ Resources:  Arthur Hayes https://twitter.com/CryptoHayes   Arthur’s Recent, “Kaiseki” Essay https://entrepreneurshandbook.co/kaiseki-b15230bdd09e   ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

Balaji Srinivasan is back on Bankless with alarming takes. According to Balaji, in the next 90 days, the Dollar will hyperinflate—and the Bitcoin price will skyrocket to $1 Million. He’s backed up these claims with a million dollar bet. With these dire predictions and a track record of strong takes, we needed to hear him out.  Who should we bring on next to counter these claims? ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/join  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi   ——— Timestamps: 0:00 Intro 7:50 Weeks when Decades Happen 9:30 $1 Million Bitcoin Bet 16:20 Balaji’s Track Record 19:00 Pandemic https://twitter.com/balajis/status/1222921758375927808  23:15 Hyperinflation https://twitter.com/balajis/status/1636797265317867520  27:50 US Banking Failure https://twitter.com/balajis/status/1636822077775941633  32:50 The Banks are Insolvent https://pbs.twimg.com/media/FrXKYKcakAAdJwe?format=jpg&name=medium https://twitter.com/balajis/status/1637671174271565825  35:38 More Failure, More Funding https://archive.is/0Jww3#selection-731.0-731.286  40:30 FDIC and the Fed https://www.telegraph.co.uk/news/worldnews/europe/eu/10874230/Jean-Claude-Juncker-profile-When-it-becomes-serious-you-have-to-lie.html  https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm  44:18 Bank Runs https://qz.com/the-feds-discount-window-is-lending-to-banks-at-2008-le-1850237214  https://twitter.com/balajis/status/1637859435149398016  https://www.straitstimes.com/business/banking/wall-street-giants-move-to-rescue-first-republic-bank  https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm  52:25 Escaping to Gold https://twitter.com/spectatorindex/status/1637544100663803904  57:50 Exporting Inflation https://www.theguardian.com/lifeandstyle/2011/jul/17/bread-food-arab-spring  https://www.wsj.com/graphics/red-economy-blue-economy/  https://howmuch.net/articles/rise-and-fall-dollar  1:04:30 Bitcoin in Wartime https://pbs.twimg.com/media/FrrfQuaaUAEFYev?format=jpg&name=medium  1:10:45 Capital Allocation https://twitter.com/balajis/status/1488988253411708931  1:13:30 The Only Real Banks https://twitter.com/koeppelmann/status/1637898298005626881  1:20:49 Why Now? https://twitter.com/balajis/status/1637329482687324161  https://twitter.com/balajis/status/1637868839890472960  https://twitter.com/0xfoobar/status/1637855829750628353  https://www.google.com/search? q=sivb&oq=sivb&aqs=chrome..69i57j0i10i131i433i512l2j0i10i512l2j69i64l3.1066j0j7&sourceid=chrome&ie=UTF-8  https://www.google.com/search?q=usd+btc&oq=usd+btc&aqs=chrome..69i57j0i512l4j69i64l3.1207j1j7&sourceid=chrome&ie=UTF-8  1:28:15 Do This Now https://twitter.com/MaxCRoser/status/1355652800588505089  1:34:52 A Year From Now  https://www.youtube.com/watch?v=PHe0bXAIuk0  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

David interviews Polygon Co-Founder, Sandeep Nailwal & Immutable Co-Founder Robbie Ferguson on their new zkEVM Partnership.  The three dive into the announcement, what it means for IMX and MATIC, how this partnership impacts the future of web3 gaming, and so much more.  ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/join  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi    ----- Timestamps: 0:00 Intro 5:15 Immutable x Polygon Announcement 10:47 Immutable zkEVM 13:00 Polygon’s Tokenomics  14:32 IMX & MATIC 16:50 Paradigm Shift of Gaming Deals  20:26 Topology of Immutable x Polygon 24:17 Immutable x Polygon Business Development  29:11 Web3 Gaming Competition  31:22 Current State of Web3 Gaming  34:00 What’s Next for Immutable x Polygon?  39:42 Resources to Learn More  40:25 Scaling with Ethereum  42:06 Closing & Disclaimers ----- Resources: Sandeep https://twitter.com/sandeepnailwal  Robbie https://twitter.com/0xferg  Polygon https://twitter.com/0xPolygon   Immutable https://twitter.com/immutable   ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

Hester Peirce is one of five SEC Commissioners. She's been a Commissioner since 2018, with her term ending in 2025. Peirce, a previous podcast guest of Bankless, consistently makes first principles statements and is known to often dissent for her colleagues on crypto-related actions…we talk about that in today’s episode. These are a couple of many reasons why we enjoy her and her guidance so much.  ------ ✨ DEBRIEF | Unpacking the episode:  https://shows.banklesshq.com/p/debrief-hester-peirce    ------ ✨ COLLECTIBLES | Collect this episode:  https://collectibles.bankless.com/mint  ------ We’re three months into 2023 in one of the worst regulatory environments we’ve seen for crypto in the United States. In today’s episode, SEC Commissioner, Hester Peirce shares some insight on what crypto could be like if we had a first principles SEC, what a security is and how we can define it, and how can crypto take its share of the responsibility to move this industry forward.  Commissioner Peirce was on the show two years ago…Apr 12, 2021. Today’s second appearance is one you do not want to miss.  ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/join  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | #1 SOLANA WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  ------ Topics Covered 0:00 Intro 8:25 Thoughts on Bank Crisis 9:30 Why We Need the SEC  11:40 Information Asymmetries 13:20 Healthy Crypto/SEC Relationship 17:15 SEC Security Definition  20:52 Security Catch-22  25:40 Expanding Jurisdiction  28:35 SEC Advocation  35:03 Dissent SEC Sway 39:36 Kraken Staking  43:36 Guidance vs. Enforcement  46:15 Stablecoin Status  47:43 What Crypto Could Be Doing Better? 51:12 Decentralization  53:49 Self-Regulation  55:24 Duke Speech  57:59 Closing  ------ Resources: Hester Peirce https://twitter.com/HesterPeirce  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

Wen Arbitrum token?! We've been asking CEO, Steven Goldfeder, and CTO Harry Kalodner this exact question each time they've been on Bankless. We're sad, but also overly delighted that, that question has officially been answered.  Arbitrum's token $ARB will officially be airdropped later this week. In this episode, we dive into all of the juicy details of the airdrop and Arbitrum's plans for the future.   ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/join  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi    ----- Timestamps: 0:00 Intro 4:44 Wen Token? 8:30 Why Now? 11:52 Token Distribution & Treasury 20:12 Governance 26:11 Token Eligibility 35:08 Protocol Guild  38:55 Arbitrum Constitution  44:52 Rollup Decentralization 49:10 Orbits & Layer 3s 57:05 What's Next for Abitrum?  1:01:55 Closing & Disclaimers  ----- Resources: Arbitrum https://twitter.com/arbitrum  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

Bankless Weekly Rollup 3rd Week of March 2023 ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/join  ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🦄 UNISWAP | THE DEFI EXCHANGE https://bankless.cc/uniswap  👻 PHANTOM | CROSS-CHAIN WALLET https://bankless.cc/phantom  ------ Topics Covered 0:00 Intro 1:40 Citizenship 3:30 MARKETS 9:40 CPI Inflation https://twitter.com/RealVision/status/1635619573901688834  12:54 ETH Burn https://twitter.com/ultrasoundmoney/status/1635719284876771350  14:00 DeFi Volume https://twitter.com/AustinAdams10/status/1634737488534073344  https://twitter.com/synthetix_io/status/1633963371434332161  18:45 Arbitrum Token https://twitter.com/BanklessHQ/status/1636351836381937666  https://docs.arbitrum.foundation/gentle-intro-dao-governance  27:35 $ARB Airdrop Predictions https://www.bankless.com/the-arb-arbitrum-airdrop-is-here/  https://earni.fi/ 32:27 US Banking System https://twitter.com/scienceisstrat1/status/1627661003449147393  36:12 Recapping SVB and Silvergate 37:07 Operation Chokepoint 2.0 https://twitter.com/nic__carter/status/1634770876494147584  https://twitter.com/GOPMajorityWhip/status/1636008298481680384  41:49 USDC Price https://twitter.com/jerallaire/status/1635059024050937856  39:47 Credit Suisse https://apnews.com/article/credit-suisse-banks-svb-shares-ecb-lagarde-94585aebadbf67f9a2307d3560ce502c  45:47 Banking Crisis https://twitter.com/twobitidiot/status/1635112021862785024  46:42 FedNow CBDC https://twitter.com/federalreserve/status/1636110208878379010  https://twitter.com/damonnam/status/1636150037657837568  48:23 ETH Security KuCoin Crypto https://ag.ny.gov/press-release/2023/attorney-general-james-continues-crackdown-unregistered-cryptocurrency-platforms  https://www.coindesk.com/policy/2023/03/09/what-happens-if-ethereum-is-a-security/  50:37 Gary Gensler Proof of Stake https://www.theblock.co/post/220297/gensler-suggests-proof-of-stake-tokens-are-securities  54:50 Ethereum Shanghai Staking Withdrawals https://twitter.com/TimBeiko/status/1636370111333556224  Lido Staking -  https://twitter.com/LidoFinance/status/1635739571227951117  55:50 Euler Finance Hacked https://twitter.com/eulerfinance/status/1635431726364147712?  59:20 Aztec Connect https://twitter.com/aztecnetwork/status/1635319509707030528  1:00:15 Starbucks NFTs https://www.theverge.com/2023/3/9/23633169/starbucks-nfts-odyssey-siren-collection-rewards-program  1:01:10 Fortnite Epic Games Crypto https://blockworks.co/news/epic-games-fortnite-store-crypto-blockchain  1:02:05 Meta Instagram NFTs https://twitter.com/skasriel/status/1635386565487898624  1:04:20 Bankless NFT Collectibles https://market.bankless.com/  1:05:15 Fidelity Crypto https://www.theblock.co/post/220298/fidelity-crypto-quietly-went-live-giving-millions-of-retail-customers-access-to-bitcoin-ether  1:06:25 Releases Uniswap on BNB - https://twitter.com/Uniswap/status/1636034900284383239  Soul Wallet - https://techcrunch.com/2023/03/16/soul-wallet-crypto-wallet/  1:10:30 Questions from the Nation https://www.bankless.com/join  1:18:00 TAKES of the Week 1:20:00 Banks are Rollups https://twitter.com/0xJim/status/1635290618003066882  1:21:02 Crypto Markets https://twitter.com/TrustlessState/status/1635312852067307520  1:21:47 Tech Entrepreneurs https://twitter.com/RyanSAdams/status/1634892046447308800  1:23:10 What David’s Bullish On 1:25:00 What Ryan’s Bullish On 1:28:00 MEME of the Week   ---- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures