Preview Mode Links will not work in preview mode

Bankless


Feb 26, 2021

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ 
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 
-----
💪BECOME A BANKLESS PREMIUM MEMBER:
http://bankless.cc/membership 
🔒Subscribe before March 1 to lock in $12/month for life!
-----
GO BANKLESS WITH THESE SPONSOR TOOLS:

⭐️ AAVE - BORROW OR LEND YOUR ASSETS
https://bankless.cc/aave 

🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP
https://bankless.cc/go-gemini 

💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS
https://bankless.cc/monolith 

📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI
https://bankless.cc/dharma 

------
📣LATTICE - NEXT GENERATION OF HARDWARE WALLETS
https://bankless.cc/gridplus​ 

------
MARKETS

BTC Price
$50k - Dip after breaking $58k

ETH Price
Broke $2k - Hanging in mid-$1600s with Dip

TVL in DeFi
Peaked at $43B - Now at $35B

$DPI - $370

Biggest Day Ever for DEX Volume
https://twitter.com/duneanalytics/status/1364473902177677313?s=21 

DeFi Pulse Releases New Cryptodollars Page
https://twitter.com/defipulse/status/1364310453959200780?s=20 

Retail Isn’t Here Yet
https://twitter.com/lawmaster/status/1364941277129768964?s=20 

------
RELEASES

Optimism dope hires
https://twitter.com/optimismPBC/status/1364705156705579009 

Andreessen Horowitz on Optimistic Rollups
https://a16z.com/2021/02/24/investing-in-optimism/ 

Dydx Layer 2 w/ ZK-Rollup
https://dydx.exchange/blog/alpha 

Chainlink Saving Massively on Gas
https://decrypt.co/59244/chainlinks-latest-upgrade-a-rapid-evolution-for-defi-ceo-sergey-nazarov 

Balancer Aave Partnership
https://medium.com/balancer-protocol/balancer-partners-with-aave-to-build-the-first-v2-asset-manager-d9c173330151 

Zapper NFT Dashboard
https://twitter.com/DeFi_Dad/status/1364308685753843726?s=20 

Alchemix
https://twitter.com/AlchemixFi/status/1363658484303097858 

Tim Beiko proposal for EIP1559 inclusion in London ETH 1 hard fork
https://github.com/ethereum/pm/issues/254 

------
NEWS

Fedwire goes down
https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html 

Coinbase Files To Go Public
https://twitter.com/lawmaster/status/1364918649425973249?s=20 

Nyan Cat NFT sells for 300ETH
https://foundation.app/NyanCat/nyan-cat-219 

Alpha / Cream Repaying Funds
https://blog.alphafinance.io/joint-announcement-on-funds-repayment/ 

South Korea Bans Privacy Coins from Crypto Banks
https://news.bitcoin.com/south-korean-financial-regulator-confirms-privacy-coin-delistings-adds-new-guidelines-to-report-unusual-transactions 

Square Buys $170mm BTC
https://twitter.com/DeItaone/status/1364319316750061570 

MicroStrategy Buys $1.026B BTC
https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin 

Tether & Bitfinex New York Settlement - $18.5mm
https://www.theblockcrypto.com/post/95207/bitfinex-tether-new-york-ag-settlement-lawsuit 

Brave Wallet + DEX Aggregator - Doubling down
https://twitter.com/brave/status/1364296807614930948?s=20 

SoRare Professional Soccer (football) NFT Platform
https://sorare.com/ 

------
TAKES

Michael Burry (Big Short) On Inflation
https://markets.businessinsider.com/currencies/news/big-short-michael-burry-warns-inflation-bitcoin-gold-hedge-risk-2021-2-1030102452 

NFT Inflection Point
https://twitter.com/jbrukh/status/1364785907379941377?s=20 

Emotional Robbery by Web2 platforms
https://twitter.com/TrustlessState/status/1364786359932575745?s=20 

Current Prices are the bottom of next Bear Cycle
https://twitter.com/cburniske/status/1363189837675646977?s=20 

Ethereum the Employer
https://twitter.com/TrustlessState/status/1364603328601022467?s=20 

Ryan's Jaded About Delegated POS
https://twitter.com/ryansadams/status/1364789743054159876?s=21 

------
MEME

L2 Implementers Assemble
https://twitter.com/Crypt0xWife/status/1364044469323128833?s=20 

I am Groot
https://twitter.com/Crypt0xWife/status/1363325351724806145?s=20 

------
Don't stop at the video!

Subscribe to the Bankless newsletter program
http://bankless.substack.com/ 

Visit the official Bankless website
http://banklesshq.com/ 

Follow Bankless on Twitter
https://twitter.com/BanklessHQ 

Follow Ryan on Twitter
https://twitter.com/ryansadams 

Follow David on Twitter
https://twitter.com/TrustlessState 

-----
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