Bankless Weekly Rollup

1st Week of May 2023 

------

✨Stake with Swell

https://bankless.cc/Swell 

------

🚀 Airdrop Alpha is waiting for you on Bankless.com 

https://bankless.cc/Alpha  

------

BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM

https://bankless.cc/Arbitrum 

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE

https://k.xyz/bankless-pod-q2 

🦄UNISWAP | ON-CHAIN MARKETPLACE

https://bankless.cc/uniswap 

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE

https://bankless.cc/MetaMask 

------

Topics Covered

0:00 Intro

3:30 MARKETS

4:42 FED raised rates by 25 basis points

https://www.federalreserve.gov/newsevents/pressreleases/monetary20230503a.htm 

https://twitter.com/carlquintanilla/status/1653822271520223232 

https://twitter.com/RyanSAdams/status/1653856569145081856 

10:31 Jim Bianco’s take: THEY KNEW THE RISKS

https://twitter.com/biancoresearch/status/1653777745791401986 

15:20 Banks Failure - Season 2!

https://www.fdic.gov/news/press-releases/2023/pr23034.html 

24:40 Comparison of the US banks’ failures since 2002

https://twitter.com/mbostock/status/1653221977895882752 

27:49 Arthur Hayes’ take: The U.S. Banking System is now Nationalized

https://twitter.com/CryptoHayes/status/1653175131123126272 

33:41 Meanwhile, Balaji lost the Bitcoin bet

https://twitter.com/balajis/status/1653451860488130565 

https://twitter.com/balajis/status/1653449321185169409 

https://imgur.com/a/Eu4aIIb 

https://imgur.com/a/Zg9Gh8r 

41:48 Coinbase Going International

https://twitter.com/coinbase/status/1653385513011740672 

https://www.coinbase.com/blog/introducing-coinbase-international-exchange 

44:44 In good news…Gary’s GOT 10 DAYS 

https://twitter.com/iampaulgrewal/status/1653898889311948800 

48:35 VENMO bringing Wallets to 60M Americans

https://twitter.com/RyanSAdams/status/1652049681050943489 

51:00 EigenLayer Stage 1 Mainnet is set to launch

https://twitter.com/eigenlayer/status/1653536292171567104 

55:20 Sui Mainnet

https://twitter.com/SuiNetwork/status/1653731940107956225 

SUI coming in at a $13B valuation

https://www.coingecko.com/en/coins/sui 

https://thedefiant.io/sui-raises-300m 

59:10 Alexlar 

https://twitter.com/axelarcore/status/1653384907085737985 

Bankless Show

https://www.youtube.com/watch?v=erZyGlxchsA 

1:01:59 Lens Layer 3

https://twitter.com/StaniKulechov/status/1651898620973576193 

1:03:30 New Zachxbt Victim

https://twitter.com/zachxbt/status/1651238822963826694 

https://twitter.com/CoinGurruu/status/1651250297530974208 

1:04:40 Biden proposes 30% climate change tax on cryptocurrency mining

https://www.whitehouse.gov/cea/written-materials/2023/05/02/cost-of-cryptomining-dame-tax/ 

1:08:12 Jobs

https://pallet.xyz/list/bankless/jobs 

1:11:24 Questions from the Nation

1:16:27 Takes of the Week

https://twitter.com/RyanSAdams/status/1653011542563069952 

https://twitter.com/TrustlessState/status/1653674756715978752 

https://twitter.com/erikvoorhees/status/1653935801338822663 

1:20:44 What David’s Bullish On

https://twitter.com/TrustlessState/status/1652053503307644930 

1:24:34 What Ryan’s Bullish On

1:26:41 MEME of the Week

https://twitter.com/natfriedman/status/1625850766039842824 

1:30:05 Moment of Zen

https://twitter.com/dcbuild3r/status/1653737344170618882 

----

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