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Bankless


Dec 25, 2020

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ROLLUP: 4th Week of December

Bankless Citizen Spotlight!

This guy: https://twitter.com/Acrobat_Crypto/status/1339964187007721474?s=20

MARKET What’s the Market saying? 

BTC Price
- Up 21% in the last 7 days
- High consolidation between $23k and $24K
- Bitcoin dominance doing really well: 70%
MicroStrategy finished their $650M purchase of 29,646 BTC
https://twitter.com/coindesk/status/1341013230534225920?s=21

ETH Price
- Up just 3% in the last 7 days

TVL in DeFi
From $16.5B to $14B

DPI down from $115 to $108
2+M ETH in ETH2 Staking

DeFi Pulse has a new page
“Bitcoin at Work”
Announcement: https://defipulse.com/blog/introducing-bitcoin-at-work/

Page: https://defipulse.com/btc

A chart not often seen, Grayscale Revenue: 
https://twitter.com/mhonkasalo/status/1339486866236686336?s=20

XRP getting DUMPED after SEC report
Bitwise dumped $9.3M. Will Grayscale have to do something?
https://twitter.com/twobitidiot/status/1341764298763350017?s=20

RELEASES

The Graph Network now live
https://thegraph.com/

Tornado.Cash Governance Token has been retroactively airdropped
https://tornado-cash.medium.com/tornado-cash-governance-proposal-a55c5c7d0703

Compound Chain announced
CASH new stablecoin?
https://twitter.com/compoundfinance/status/1339660221359124481

$3M Raised by Union to bring Credit to DeFi
Announcement: https://medium.com/union-finance/union-has-raised-3m-to-bring-credit-to-ethereum-6cc1b5f40776

Perpetual Protocol Live on Mainnet
https://twitter.com/perpprotocol/status/1339206204107571200
You can now trade ETH and BTC perpetual contracts with up to 12x leverage on-chain at perp.exchange

Gitcoin Round 8 Closed 
https://twitter.com/owocki/status/1341743360684552198?s=21

NEWS

SEC files lawsuit against Ripple for $1.3B in unregistered securities sale. 
https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800?redirect=amp#click=https://t.co/UjThCEyjar

Vitalik: https://twitter.com/VitalikButerin/status/1341219519545556992?s=20

Ledger Breach
https://gizmodo.com/hackers-steal-thousands-of-customer-emails-from-popular-1845928749
272K Customers
Check Ledger Leak - https://www.argent.xyz/ledgerhack/#

FinCEN Proposed Rule
https://www.theblockcrypto.com/linked/88511/fincen-proposes-new-kyc-for-crypto-wallets

$600 vs $2,000 Stimulus? 
https://www.cnbc.com/2020/12/22/trump-demands-congress-raise-second-stimulus-check-from-600-to-2000-under-new-covid-relief-bill.html

Switerzland CBDC
https://www.theblockcrypto.com/daily/88885/switzerland-central-bank-digital-currency-trials

Hudson stepping down as the All Core Dev Call facilitator
https://twitter.com/hudsonjameson/status/134108187901396992
Being replaced by Tim Beiko 
https://twitter.com/TimBeiko/status/1341086181597974530?s=2

TAKES 

Hayden Adams on Uniswaps registered country address
https://twitter.com/haydenzadams/status/1340143545085276160?s=21

Ryan on Boomer fiscal management. 
https://twitter.com/RyanSAdams/status/1341438238330925059?s=20

David on Ripple as a heist
https://twitter.com/TrustlessState/status/1341501233090072576?s=20
David on Ethereum solving its own problems
https://twitter.com/TrustlessState/status/1339820135008256000?s=20
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https://twitter.com/BanklessHQ

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https://twitter.com/ryansadams

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https://twitter.com/TrustlessState
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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.

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