Bankless Weekly Rollup First Week of August, 2023 ------ 🚀Join Ryan & David at Permissionless II in September. https://bankless.cc/GoToPermissionless  ------ 📣 STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2  🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask  ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum  🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  👾POLYGON | VALUE LAYER OF THE INTERNET https://polygon.technology/roadmap  🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku  ------ TIMESTAMPS 0:00 Intro 3:40 MARKETS 5:45 25m ETH Staked https://twitter.com/ultrasoundmoney/status/1686670146427813888  6:40 US Debt Crisis https://twitter.com/stackhodler/status/1686276924773982208  https://www.cnbc.com/2023/08/01/fitch-downgrades-us-long-term-ratings-to-aa-from-aaa.html  https://twitter.com/LukeGromen/status/1686516760680214528  https://www.linkedin.com/pulse/whats-happening-economy-great-wealth-transfer-ray-dalio/  16:10 Tether T-Bills https://twitter.com/paoloardoino/status/1685993811774738432  https://twitter.com/collins_belton/status/1686084175697211392?s=20  20:00 Curve Exploit https://twitter.com/CurveFinance/status/1685693202722848768  https://twitter.com/BanklessHQ/status/1685829565158162432  https://twitter.com/BanklessHQ/status/1685829579334938624?s=20  https://twitter.com/autismcapital/status/1686251750632853504  https://twitter.com/DefiIgnas/status/1686323974563909632?s=20  https://twitter.com/MilkRoadDaily/status/1686422244594012179?s=20  Learn More: https://twitter.com/BanklessHQ/status/1686190496019017730?s=20  https://www.youtube.com/live/I1bVLQdUkMw  24:20 BASE Mainnet Launch https://twitter.com/coinbase/status/1687087044579966976  https://twitter.com/MacnBTC/status/1685589663963078656?s=20  https://pbs.twimg.com/media/F2XvGTsXwAAm9SW  https://twitter.com/notEezzy/status/1685994199819190272?s=20  29:00 SBF Conspiracy Theory https://twitter.com/hype_eth/status/1686126115947941890  https://twitter.com/ryansadams/status/1686148330139639808  https://twitter.com/FrankResearcher/status/1686184372485976065?s=20  32:00 Passing Arbitrum  https://twitter.com/TheDeFinvestor/status/1685962819051675648  https://twitter.com/westiecapital/status/1686417439372812288  https://twitter.com/sassal0x/status/1686194472689000448  34:55 SEC Sues Richard Heart https://twitter.com/SECGov/status/1686042971190272000?s=20  https://www.sec.gov/news/press-release/2023-143  https://imgur.com/saLUKNd https://twitter.com/TrustlessState/status/1686687165575520256?s=20  https://twitter.com/ercwl/status/1686491323908452353?s=20  37:20 Uniswap Delisting HEX? https://coinmarketcap.com/headlines/news/uniswap-delists-hex-token/  45:00 3AC No Longer US Citizens https://www.theblock.co/post/242675/3ac-co-founder-says-us-court-can-no-longer-tell-him-what-to-do  46:30 Justice…? https://twitter.com/TrustlessState/status/1687086457075236864?s=20  48:20 Richard Heart Documentary https://twitter.com/ercwl/status/1686491323908452353?s=20  51:15 Binance vs DOJ https://www.semafor.com/article/08/02/2023/us-prosecutors-worry-binance-charges-could-cause-run-on-exchange  https://twitter.com/cz_binance/status/1686757050464813056?s=20  https://twitter.com/NoelleInMadrid/status/1686808699904344082  54:24 Ethereum’s Birthday and Futures https://twitter.com/LefterisJP/status/1685577856502382592?s=20  https://twitter.com/RyanSAdams/status/1685672504616968192?s=20  https://twitter.com/EricBalchunas/status/1686510111123030016  https://twitter.com/DegenSpartan/status/1686563092061462528  57:30 EIP1559 https://twitter.com/ultrasoundmoney/status/1686419775868620820  https://dune.com/arixon/mev-burn  59:10 MetaMask Staking MATIC https://twitter.com/metamask/status/1684263257450610697  1:00:55 EIP 6968 https://twitter.com/owocki/status/1683916090831937538  1:03:22 Celo Temp Check https://twitter.com/marek_/status/1685982906655662081?s=20  1:03:50 Worldcoin Contd https://twitter.com/ercwl/status/1684939802083282944?s=46  https://twitter.com/koeppelmann/status/1686318014034026496?s=46  1:06:50 Microstrategy BTC https://twitter.com/stackhodler/status/1686633880051200000  1:07:50 DCG Bankruptcy Agreement https://www.theblock.co/post/242350/dcg-says-its-close-to-reaching-agreement-on-genesis-chapter-11-appoints-new-cfo  1:10:00 Questions from the Nation 1:16:45 Important to Internalize https://twitter.com/pythianism/status/1684981202275667968  1:19:45 Bull Market Starting https://twitter.com/TrustlessState/status/1686671529768079360?s=20  1:20:00 What David’s Bullish On 1:25:00 What Ryan’s Bullish On https://twitter.com/ryansadams/status/1686428210991419402  1:27:15 Vitalik’s Take 1:28:45 MEME of the Week https://twitter.com/pseudotheos/status/1685743250127433728  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ 

A special mid-week episode is in order as we discus the string of events that led to one of the largest risks DeFi has faced in a long time. What happened to Curve, what's at risk, and what can we learn from all of this?   *CORRECTION: The address that exploited the CRV/ETH pool controls .082% of the circulating supply, not the 8% accidentally mentioned in this segment. ------ 🚀Join Ryan & David at Permissionless II in September. https://bankless.cc/GoToPermissionless  ------ 📣 STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2   ⁠ 🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   ⁠ 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ⁠ 👾POLYGON | VALUE LAYER OF THE INTERNET https://polygon.technology/roadmap  🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku  ------ TIMESTAMPS 0:00 Intro 7:23 EVM Exploit Explained 13:21 MEV Bot Sidequest 18:21 CRV Contagion 23:43 CORRECTION: SEE SHOWNOTES* 31:43 The OTC Bailout 35:43 Buying Mansions On Leverage 41:43 Second Order Risks 47:43 Who is to Blame? 53:43 Are we in the Clear? 56:43 Lessons Learned 1:01:43 Risks and Disclaimers ------ RESOURCES DeFi's Contagion Curveball https://www.bankless.com/defi-contagion-curveball  ------ 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 ⁠