Jake Chervinsky is fighting on the front lines for the effective regulation of crypto, and he was a key contributor in the efforts to amend the United States Infrastructure Bill, which recently passed the Senate. On this State of the Nation, we discuss the unfolding events in US Legislation, and how we can move forward towards a cooperative and productive regulatory landscape. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/   🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants  ------ 📣 TracerDAO | Building DeFi Infrastructure. Join the Discord! https://bankless.cc/TracerDAO  ------ Resources: Jake on Twitter: https://twitter.com/jchervinsky?s=20  The Blockchain Association: https://twitter.com/BlockchainAssn?s=20  ----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

2nd Week of August 2021 ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ 📣 PoolTogether | Break up with your Lottery! https://bankless.cc/PoolTogether  ------ Topics Covered: 0:00 Intro 1:30 MARKETS 2:05 BTC Price 3:04 ETH Price 7:10 ETH/BTC Ratio 9:55 ETH’s Q2 https://www.businesswire.com/news/home/20210804005657/en/Genesis-Q2-Report-Shows-Decreasing-Bitcoin-Dominance-and-Hedge-Funds-Diving-Into-DeFi  13:12 ETH Volume https://twitter.com/geenty/status/1425198900068110338?s=21  14:50 Institutional Demand https://twitter.com/fintechfrank/status/1425586708305829891  15:57 DeFi Action 20:10 Layer 2 Beat https://l2beat.com/  23:21 EIP-1559 Burned: https://www.etherchain.org/burn  Bankless-Inspired Dashboard: https://twitter.com/MSilb7/status/1423314663052218373?s=20  29:54 Axie $1B Volume https://twitter.com/Psycheout86/status/1423719170315800581?s=20  31:38 Coinbase’s Impressive Quarter https://twitter.com/CNBCClosingBell/status/1425186855641829381?s=20  33:00 RELEASES 35:00 Arbitrum in August https://twitter.com/arbitrum/status/1423709666203344899?s=21  38:26 Rarible Protocol https://twitter.com/rariblecom/status/1425840333854711809?s=20  39:17 Gearbox Leverage https://medium.com/gearbox-protocol/hello-world-this-is-gearbox-generalized-leverage-protocol-cbec5f34bb98  41:37 Raises Helium: https://twitter.com/TheBlock__/status/1425255811731894278?s=20  Dune Analytics: https://twitter.com/DuneAnalytics/status/1425821738626019330?s=20  Liquality Wallet: https://twitter.com/TheBlock__/status/1425200897475465220  TaxBit: https://twitter.com/CoinDesk/status/1425825002104922116?s=20  46:34 Jobs https://jobs.banklesshq.com/  47:00 NEWS 47:16 Poly Network Hack https://twitter.com/polynetwork2/status/1425073987164381196?s=21  Returned: https://www.theblockcrypto.com/linked/114390/poly-network-hacker-returns-nearly-all-of-the-611-million-in-stolen-funds  51:50 Multichain Aave https://cryptobriefing.com/aave-is-exploring-solana-avalanche-layer-2-expansion/  53:30 Uniswap $1B in Fees https://twitter.com/lucasoutumuro/status/1425172167998779398?s=21  54:20 Gemini Acquires Guesser https://twitter.com/Gemini/status/1425085144436813833?s=20  55:40 Penguins in NY Times https://www.nytimes.com/2021/08/12/technology/penguin-nft-club.html  58:41 FTX Sponsoring Axie Players https://twitter.com/CoinDesk/status/1423274509008875520  59:06 DraftKings NFT w/ Tom Brady https://www.theblockcrypto.com/linked/114064/draftkings-launches-nft-marketplace-with-first-drop-featuring-tom-brady  1:00:29 North American BTC Miners https://www.theblockcrypto.com/post/113861/american-public-bitcoin-miner-btc-july-china  1:01:25 Infrastructure Bill Senate: https://www.cnbc.com/2021/08/11/crypto-lawmakers-fought-over-the-infrastructure-bill-heres-whats-next.html  Alabama: https://twitter.com/jchervinsky/status/1423519533990617091?s=21  Treasury: https://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/  Jake’s Take: https://twitter.com/jchervinsky/status/1423519533990617091?s=21  1:08:11 Brian Brooks Leaves Binance https://twitter.com/coindesk/status/1423730217357660160?s=21  1:09:37 Circle Becoming a Bank? https://twitter.com/circlepay/status/1424717848400863245?s=21  1:11:00 Happy Yamiversary https://twitter.com/brockjelmore/status/1425307479806824452?s=21  1:13:00 TAKES 1:14:30 Coordinate, Don’t Overreact https://twitter.com/econoar/status/1423483356583370752?s=20  1:16:04 Su Zhu on jpegs https://twitter.com/zhusu/status/1423833467406585860?s=21  1:17:47 David on jpegs https://twitter.com/trustlessstate/status/1424119278085697536?s=21  1:19:05 Eric on jpegs https://twitter.com/econoar/status/1424506591080976391?s=21  1:20:03 Andrew Yang https://twitter.com/AndrewYang/status/1425193106950041600?s=20  1:21:26 What Anthony’s Excited About 1:22:38 What David’s Excited About 1:24:25 MEME of the Week https://twitter.com/BanklessHQ/status/1423503086459359235?s=20  Meme 2: https://twitter.com/TrustlessState/status/1423386503766437888?s=20  1:29:16 Closing & Disclaimers ----- 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://newsletter.banklesshq.com/p/bankless-disclosures