Bankless

Ram Ahluwalia, CEO of Lumida Wealth Management, joins us for his second time on Bankless to discuss the latest bank failure and what it means for the rest of the traditional finance system.

Are there more failures to come? Can crypto save the banks? Why are politicians being quiet this time around? What will Powell do next? Answers to these questions and much more in the episode. 

------ 🚀 Stake with Swell https://bankless.cc/Swell 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken 

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire 

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist 

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

------ Timestamps:

0:00 Intro 8:30 Season Two of the Banking Crisis 10:38 First Republic Bank 13:00 Politicians Being Quiet?  15:13 Ram's Slide Agenda 16:10 Co-Morbidities of Bank Failures  23:40 Negative Equitites  24:40 Publicly Traded Banks  30:27 The Walls Preventing a Collapse  35:40 The Banks' Mycelium Network 39:26 What's the Problem? 45:50 Commercial Real Estate  47:10 The Next 2008? 50:10 CRE Risk 53:07 Arthur Hayes Take  56:40 Balaji Take 1:01:13 Will Powell Blink? 1:03:20 How to Fix the Banks 1:09:35 How Crypto Saves the Banks? 1:12:55 Closing & Disclaimers

------ Resources:

Ram Ahluwalia https://twitter.com/ramahluwalia 

----- 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 

Ethereum is getting yet another economic upgrade! The scarcity engine is getting a massive level up with the advent of the MEV Burn.

With Justin Drake and Domothy, they walk us through the research and reasoning behind this next upgrade

Just when we thought we couldn’t get any more bullish…

------ 🚀 DEBRIEF 🚀 https://bankless.cc/YouTubeInfo

------ BANKLESS SPONSOR TOOLS: 

📣 SAFE (Gnosis) | ACCOUNT ABSTRACTION https://bankless.cc/AA 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken 

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire 

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist 

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

------ Topics Covered

0:00 Intro 7:00 What is MEV? 13:30 MEV is Subjective 17:15 The Oil Analogy 21:15 The Benefits of Smoothing 28:35 Builders and Proposers 38:45 Forced Centralization 44:35 Rug Pool Protection 48:30 Distribution 58:20 Pros of Burning 1:05:15 Burning on Overdrive 1:09:30 Does this Hurt Stakers? 1:13:55 Too Deflationary? 1:23:30 Monetary Premium 1:28:15 EIP-4844 1:31:00 The Engine 1:35:50 Wen?

——— Resources:

Justin Drake: https://twitter.com/drakefjustin?s=20 

Dom: https://twitter.com/domothy?s=20 

Hildobby's Dune Board: https://dune.com/hildobby/eth2-staking 

Ultrasound.Money: https://ultrasound.money/ 

------ Related Episodes:

EIP-1559: https://www.bankless.com/-eip-1559-hasu  https://www.bankless.com/-eip-1559-expert-panel-tim-beiko 

MEV: https://www.bankless.com/-cryptos-existential-threat-mev-panel  https://www.bankless.com/125-matt-cutler 

Ultra Sound Money: https://www.bankless.com/-sotn-44-modeling-ultra-sound-money  https://www.bankless.com/-ultra-sound-money-justin-drake  https://www.bankless.com/-moon-math-the-bull-case-for-cryptography 

Justin Drake:  https://www.bankless.com/134-ethereum-unsensored-with-justin  https://www.bankless.com/shanghai-capella-eth-staking-withdrawals-with-tim-beiko-justin-drake-and-anthony-sassano  https://www.bankless.com/150-bull-case-for-ethereum-iv-with-justin-drake-dcinvestor-anthony-sassano  https://www.bankless.com/devcon-2-justin-drake  https://www.bankless.com/15-bad-eth-takes-with-justin-drake  https://www.bankless.com/the-pow-vs-pos-debate-lyn-alden-and  https://www.bankless.com/-layer-zero-justin-drake 

---- 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 

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 

Ryan and David bring on Coinbase’s VP of International Policy, Tom Duff Gordon VP to discuss Coinbase’s exploration out of the United States.

Are they 4D chess? How does the crypto regulation in the U.S. shape up to overseas competition? Why is the U.S. driving crypto innovation abroad? Does the U.S. have any hope? 

------ ✨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 

------ TIMESTAMPS: 

0:00 Intro 8:23 Is Coinbase Moving Offshore? 10:00 Coinbase’s International Plan 11:34 Will Coinbase Stay & Fight?  17:38 Is Ether a Security in the EU? 19:30 Ranking Crypto by Geography 24:03 The U.S.’s Crypto Friendliness Ranking 25:30 Coinbase International?  28:28 Coinbase’s Chessboard 32:46 Coinbase’s International Strategy  35:05 What U.S. Retail is Missing Out On 37:05 Coinbase’s Frustration  39:33 Coinbase’s Constraints 45:48 Crypto Game Theory  50:03 Timeline 50:35 Closing & Disclaimers

------ RESOURCES:

Tom Duff Gordon https://twitter.com/tomduffgordon  

Coinbase Moving Offshore?  https://www.bankless.com/coinbase-offensive-sec-united-states  

----- 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 

AI is exploding into every facet of the internet. The convergence of Crypto and AI is inevitable, and we bring on Qiao Wang and Mohamed Fouda to discuss the opportunities and challenges this presents.

They explore why Web3 provides an interesting platform for AI, such as payment and execution rails for AI agents, easy access to financial tools, and the ability to commission resources permissionlessly. One example of this is AutoGPT, which uses AI to generate code for on-chain smart contracts.

How do we balance caution and optimism? How can we surf this tidal wave of innovation and new frontiers?

------ 🚀 Stake with Swell https://bankless.cc/Swell

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire 

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist 

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

------ Resources:

Qiao Wang https://twitter.com/QwQiao 

Mohamed Fouda https://twitter.com/mohamedffouda 

Alliance https://alliance.xyz/ 

----- 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 

We’re entering a new multi-chain and secure cross-bridge world very soon. With Axelar's General Message Passing launch, a new era for interoperability has been unlocked. 

Tune in to hear from CEO/Co-Founder Sergey Gorbunov, Zaki Manian, Co-Founder of Sommelier Protocol, Co-Founder of Iqlusion, & Steven Goldfeder, Co-founder of Offchain Labs, and contributor to Arbitrum

------ 🚀 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 

------ TIMESTAMPS: 

0:00 Intro 5:09 Axelar Explained 8:25 Cross-Chain Bridging  10:46 Axelar’s Announcement 15:10 Bridges of the Past & Future 19:00 General Message Passing 21:40 The New Way For Interoperability  28:42 Arbitrum’s Side 32:36 The Tech Metaphor 35:40 Multichain & Interoperable World 37:00 Bridge Security 39:05 GMP Applications & Services 40:57 Zaki’s Cosmos Vision 43:20 Why is this Bullish for Arbitrum?  47:27 Resources 48:00 Closing & Disclaimers

------ RESOURCES:

Sergey Gorbunov https://twitter.com/sergey_nog 

Zaki Manian https://twitter.com/zmanian 

Steven Goldfeder https://twitter.com/sgoldfed 

----- 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 

Society is off track. We all feel it. What’s wrong? How do we fix it without throwing out all the good parts? We brought on Tim Urban to help us answer these questions. 

Tim Urban is a blogger, writer, and illustrator, who is best known for his blog "Wait But Why.” Started in 2013, “Wait But Why” covers various topics, from science and technology to social issues and human behavior. Tim recently wrote a book titled: “What's Our Problem?: A Self-Help Book for Societies,” which Ryan and David think offers a roadmap for the tribal crypto communities battling in the Web3 landscape.

------ ✨ DEBRIEF | Unpacking the episode:  https://www.bankless.com/debrief-tim-urban    ------ ✨ COLLECTIBLES | Collect this episode:  https://collectibles.bankless.com/mint 

------ 🚀 Airdrop Alpha is waiting for you on Bankless.com  https://bankless.cc/Alpha  

------ In today’s episode, Tim covers many questions, but the overarching ones are:  1) Power Games vs Liberal Games 2) The Importance of Liberalism to Crypto protocols 3) How to find out whether your crypto tribe is a low-rung echo chamber, or high-mind idea lab  4) Why we MUST solve this problem in order to survive as a society 

And of course, we had to ask him if AI is going to come kill us all…? Tim’s answer puts things into perspective. 

------ 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 

------ TIMESTAMPS: 

0:00 Intro 7:48  Why Are We Angry? 8:53 Defining Liberalism  17:09 Liberal vs. Power Games  29:45 Modernity, Liberalism, Institutions, & Norms 42:32 How Radical is Crypto?  46:29 Crypto and Tim’s Radical Levels Pyramid  51:05 Steelmanning the Liberalism Argument  1:03:31 Higher vs. Primitive Mind  1:13:51 How to Ascend the Ladder 1:19:50 Low Wrung Thinkers, Social Media, & Society 1:25:05 Tim’s Thoughts on AI 1:32:00 What Gives Tim Hope? 1:35:20 Closing & Disclaimers

------ RESOURCES:

Tim Urban https://twitter.com/waitbutwhy 

Tim’s Blog https://waitbutwhy.com/ 

Tim’s New Book https://www.amazon.com/Whats-Our-Problem-Self-Help-Societies/dp/B0BVGH6T1Q 

----- 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 

Bankless Weekly Rollup 2nd Week of April 2023 

------ 🚀 TOKEN HUB 🚀 https://www.bankless.com/join?utm_source=YouTube&utm_medium=Intro&utm_campaign=Intro_CTA1 

------ BANKLESS SPONSOR TOOLS: 

📣 SAFE (Gnosis) | ACCOUNT ABSTRACTION https://bankless.cc/AA

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken 

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire 

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist 

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

------ Topics Covered

0:00 Intro

4:30 MARKETS 6:30 Mt Gox https://twitter.com/tier10k/status/1651317391626846214?s=20  10:00 ETH Staking https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators  12:00 Staking Dashboard https://dune.com/hildobby/eth2-staking  15:25 Polynya Post https://polynya.mirror.xyz/1ZTJ3_BG2-wnBTy6dJLM5E3TPH8wvLGKQVDAnv7VLIw 

20:30 Coinbase Suing the SEC https://twitter.com/iampaulgrewal/status/1650655451720318976?s=20  22:00 MetaLawMan Comments https://twitter.com/MetaLawMan/status/1650847807480135681?s=20  24:50 Coinbase Responds to SEC https://youtu.be/pvbWPUCFdKA  36:30 Shield NFT https://twitter.com/coinbase/status/1650612986980048897?s=20 

38:30 John Oliver  https://youtu.be/o7zazuy_UfI 

51:00 Voyager Binance Deal https://twitter.com/investvoyager/status/1650921887512272917?s=20  52:45 SBF Parents https://www.courtlistener.com/docket/66631291/133/united-states-v-bankman-fried/  54:30 Lens Bonsai Layer 3 https://twitter.com/lensprotocol/status/1651270830729592832  55:05 DevConnect Istanbul https://twitter.com/EFDevconnect/status/1649069463797481472  55:45 Mad Lads https://twitter.com/Pinapaan/status/1651413751378354176?s=20  57:30 MiCA Going Through https://twitter.com/paddi_hansen/status/1649070968579452933?s=20  59:53 TransUnion DeFi Credit Score https://newsroom.transunion.com/transunion-spring-labs-and-quadrata-partner-to-deliver-credit-scoring-to-blockchain/  1:00:45 Phi Bankless https://twitter.com/phi_xyz/status/1650801856329949184  1:02:10 Swell Maine https://twitter.com/swellnetworkio/status/1650672099382685698?s=46 

1:02:50 Jobs https://pallet.xyz/list/bankless/jobs 

1:06:20 Questions from the Nation https://www.bankless.com/join?utm_source=YouTube&utm_medium=Intro&utm_campaign=Intro_CTA1 

1:12:00 Chamath Says Crypto is Dead https://youtu.be/WvTTDxMuAis?t=4870  1:15:50 Running an ETH Node https://twitter.com/EthereumOnARM/status/1650805006872768512  18:30 AGI Alignment https://twitter.com/TrustlessState/status/1651538022360285187?s=20 

1:22:45 What David’s Bullish On 1:24:40 What Ryan’s Bullish On

1:29:00 MEME of the Week  

---- 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 

Paul Grewal, Coinbase's Chief Legal Officer joins Ryan and David to discuss why Coinbase is Suing the SEC. Why did they choose to respond to the SEC's Wells Notice to Coinbase in the way they did? Is Gary playing 4D chess or is he just embarrassing and pushing U.S. crypto innovation outside of the U.S.? 

Tune in to hear Paul's thoughts and much more. 

------ 📣 SAFE (Gnosis) | Non-Technical Hackathon Sign-up!! https://bankless.cc/AA 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire 

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist 

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

------ Timestamps:

0:00 Intro 5:44 Why Coinbase is Suing the SEC? 9:10 SEC Giving Crypto Community Rules? 13:14 Why Gary Thinks There's Clarity 15:22 Petition to Give Crypto Rules!  18:10 Why No Clarity Yet? 20:51 What Kind of Rules Do We Want? 23:44 Engaging with the SEC  26:40 Open Conversation?  34:48 Coinbase Wells Notice 42:11 Why is Gary so Confident?  45:28 Battle of Public Opinion  49:42 Does Crypto Regulation Have Hope?  52:45 Closing & Disclaimers 

------ Resources:

Paul Grewal https://twitter.com/iampaulgrewal 

Coinbase Suing SEC Blog Post https://www.coinbase.com/blog/coinbase-takes-another-formal-step-to-seek-regulatory-clarity-from-sec-for 

Coinbase Wells Notice Video https://www.youtube.com/watch?v=zq2jf4sBdYE&t=576s 

Gary's Clarity Video https://twitter.com/GaryGensler/status/1651624244445421591?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://www.bankless.com/disclosures 

Ledger from UpOnly joins Ryan and David without Cobie or an appendix. However, Ledger brings the heat. He gives his takes, predictions, and everything in between on all things ETH, BTC, Shitcoins, Gensler's grilling, and macro. 

------ 📣 SAFE (Gnosis) | Non-Technical Hackathon Sign-up!! https://bankless.cc/AA 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken 

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire 

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist 

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

------ Resources:

Ledger https://twitter.com/ledgerstatus 

----- 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