Bankles‪s‬ Bankless

Download the crypto meta to your brain in this weekly show.
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🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 
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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 
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MARKETS
BTC Price
$50-$52k
ETH Price
$1500-$1600
TVL in DeFi
$40B
DPI
$420
NUPL
https://studio.glassnode.com/metrics?a=ETH&category=&m=indicators.NetUnrealizedProfitLoss&mAvg=7&mMedian=0&zoom=all 
Bitwise DeFi Index Fund - $32.5m
https://www.coindesk.com/bitwise-defi-index-fund-sec-filing-growth 
DeFi Revenue Chart
https://www.theblockcrypto.com/data/decentralized-finance/protocol-revenue 
Grayscale Premiums
https://twitter.com/rleshner/status/1365679532808806401?s=20 
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RELEASES
Google Finance 'Crypto' tab
https://www.google.com/finance 
zkSync Investing Round
https://twitter.com/zksync/status/1366387870735495169?s=20 
Sushi going Multichain
https://twitter.com/josephdelong/status/1367226781393166336?s=21 
Alpha On BinanceChain
https://blog.alphafinance.io/alpha-homora-embraces-multi-chain-future-starting-with-binance-smart-chain-bsc/ 
MetaMask & Layer 2
https://twitter.com/MetaMask/status/1367229353046790146?s=20 
Zerion integrating Polychain
https://twitter.com/zerion_io/status/1367528734148886528?s=20 
Alchemix Platform - 100M DAI
https://twitter.com/scupytrooples/status/1366029422839570432?s=20 
B.Protocol-Compound Integration
https://medium.com/b-protocol/b-protocol-compound-integration-is-live-fe026ba7b301 
Kings Of Leon Album NFT
https://www.rollingstone.com/pro/news/kings-of-leon-when-you-see-yourself-album-nft-crypto-1135192/ 
Introducing ‘Gateway’
https://medium.com/compound-finance/gateway-623f6f48d2b6 
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NEWS
Citigroup Report on Crypto
https://www.cnbc.com/2021/03/01/bitcoin-btc-is-at-a-tipping-point-citi-says.html 
Paypal To Buy Curv
https://www.coindesk.com/paypal-to-buy-crypto-custody-firm-curv-sources 
Paypal & Smart-Contracts?
https://twitter.com/mdudas/status/1367525905761984517?s=20 
MicroStrategy Buys BTC - $15m
https://decrypt.co/59789/microstrategy-invests-15-million-in-bitcoin-adding-to-4-3-billion-stash 
Furucombo Exploit - $14m
https://www.theblockcrypto.com/linked/96572/defi-building-block-service-furucombo-exploited-for-14m 
Fed Looking At Digital Dollar
https://markets.businessinsider.com/currencies/news/fed-digital-dollar-jerome-powell-congress-issue-crypto-bitcoin-2021-2-1030114663 
Grimes $5.8 Million NFT Auction
https://cointelegraph.com/news/musician-grimes-debut-nft-auction-generates-5-8m-in-20-minutes 
3LAU $11.6M NFT Sale
https://thissongissick.com/post/3lau-11-million-nft-auction/ 
Ubisoft Bring NFTs into Games
https://twitter.com/bruhagan/status/1366711237632004098?s=20 
NFT Bull Market
https://twitter.com/spencernoon/status/1367495101681983490?s=20 
Canada Filing For ETH ETF
https://www.theblockcrypto.com/linked/96813/evolve-funds-eth-etf-filing-canada 
BitMEX’s Arthur Hayes Expected To Surrender
https://twitter.com/ppogodin/status/1367189056212398081?s=21 
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TAKES
Burniske Advice to entrepreneurs
https://twitter.com/cburniske/status/1367231116529180672?s=20 
BSC Speedrunning DeFi summer
https://twitter.com/sassal0x/status/1367437987185709062?s=20 
ETH's Moat is EVM
https://thedailygwei.substack.com/p/the-evm-is-the-moat-the-daily-gwei 
Full Blocks Maximalist
https://twitter.com/TrustlessState/status/1367364003521986561?s=20 
ETH Maxis: Bitcoin is a Worthless Meme Coin
https://tw

Matt Hougan, CIO of Bitwise, joins Bankless for this week's State of the Nation!
Founded in 2017, Bitwise Asset Management pioneered the first cryptocurrency index fund and provides rules-based exposure to the cryptoasset space. Learn about Bitwise's newest product, their DeFi Crypto Index Fund.
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🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 
------
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 
📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY
https://bankless.cc/kwenta​ 
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SotN #36: Bitwise DeFi Crypto Index | CIO Matt Hougan
Bitwise is connecting DeFi assets to the world of ‘big money.’ Matt Hougan is CIO (Chief Investment Officer) of Bitwise, and before moving into the crypto space, he pioneered the ETF investment vehicles in the world of traditional finance.
Matt, with his dog by his side, posits that there are three ‘buckets’ of wealth in America where capital is pooled. The first is ‘Self-Directed Retail Investors,’ who has bootstrapped crypto from the ground up. The second is ‘Institutional Investors,’ including Venture Capital Firms, Endowments, Foundations, and other large funds. The third – and most neglected – is capital under the ‘Financial Advisor’ umbrella. This is where the 1%-er money is, and this bucket is just now gaining access to the crypto space.
The Financial Advisor bucket holds $30-$40 Trillion in assets, and the minds in this space are changing as crypto is increasingly legitimized through improving infrastructure and the strong recovery from the 2017 cycle. Building efficient vehicles to bridge this wealth into crypto is critical for large-scale adoption.
This is where Bitwise comes in. Bitwise manages around $1 Billion in assets and created the first Crypto Index Fund, offering a variety of products to retail investors, accredited investors, and financial advisors. Most recently, Bitwise launched its DeFi Crypto Index Fund, exposing financial advisors to the world of DeFi. Analogues to Legacy Finance like Price-to-Earnings Ratios and Cash Flows make DeFi compelling and understandable, but DeFi is showing itself to be “cheaper, more efficient, more open, more transparent, [and] more verifiable.”
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RELEVANT LINKS:
Matt on Twitter:
https://twitter.com/Matt_Hougan?s=20 
Bitwise:
https://www.bitwiseinvestments.com/ 
Matt's CFA Report on Cryptoassets:
https://www.cfainstitute.org/-/media/documents/article/rf-brief/rfbr-cryptoassets.ashx 
Makerburn
https://makerburn.com/#/ 
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📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS
http://bankless.cc/consensus2021 
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CATCH UP ON BANKLESS:
🗞️ Weekly Rollup (2/26): https://shows.banklesshq.com/p/-rollup-big-dip-nft-culture-coinbase 
🧢 Weekly Action Recap (2/28): https://newsletter.banklesshq.com/p/weekly-action-recap-f41 
📈 Market Monday (3/1): https://newsletter.banklesshq.com/ 
🎙️ Podcast with Mark Cuban (3/1): https://shows.banklesshq.com/p/-why-defi-is-the-future-mark-cuban 
🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ 
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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.
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 asse

Mark Cuban needs no introduction, but the entrepreneur and Shark Tank host has an impressive depth of knowledge of the crypto space, and he has a particular ability to break complicated subjects into simple, digestible ideas.
Listen as we talk DeFi, NFTs, Ethereum, and the future of finance with Mark Cuban!
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🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ 
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 
-----
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​ 
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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 

🚀 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​ 
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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 
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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 
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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/ 
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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 
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MEME
L2 Implementers Assemble
https://twitter.com/C

UMA Protocol (https://umaproject.org/​) provides open-source infrastructure for developers to efficiently create secure synthetic assets. Hart Lambur is Co-Founder.
-----
🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​ 
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​ 
-----
💪BECOME A BANKLESS PREMIUM MEMBER: Lock in $12/month for life before March 1!
http://bankless.cc/membership​​ 
-----
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​ 
------
Relevant Links:
UMA Protocol
https://umaproject.org/ 
Hart on Twitter
https://twitter.com/hal2001?s=20 
------
Don't stop at the video!
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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

Guests:
Duncan & Griffin Cock Foster
We bring on the Cock Foster Twins, Co-Founders of Nifty Gateway, to the Bankless State of the Nation to discuss all things NFT and the roadmap to the metaverse.
-----
🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​ 
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​ 
-----
💪BECOME A BANKLESS PREMIUM MEMBER: Lock in $12/month for life before March 1!
http://bankless.cc/membership​​ 
-----
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​ 
------
Relevant Links:
Nifty Gateway
https://niftygateway.com/​ 
Duncan on Twitter
https://twitter.com/DCCockFoster?s=20​ 
Griffin on Twitter
https://twitter.com/gcockfoster​ 
------
Don't stop at the video!
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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.