Layer One Podcast

Come join Layer1 as we discuss the latest with Goldman's sacking (lol) of BTC, BlockOne comes out of hibernation, Coinbase adds Tether and staking options, while governments begin to fear Bitcoin adoption.

Telegram - t.me/SutlerVenturesTwitter - https://twitter.com/layer1pod https://twitter.com/SutlerVenturesSutler Ventures - https://sutlerventures.com/______________________________________________________________

9:00 Breaking China’s Yunnan Demands Cleanup of Bitcoin Mining Operations with 64 Facilities Ordered to Dismantle (possible explosion) https://news.8btc.com/chinas-yunnan-demands-cleanup-of-bitcoin-mining-operations-with-64-facilities-ordered-to-dismantle 15:15 Quick News Coinbase Custody International now supports ERC20 $USDT deposits/withdrawals https://www.bitfinex.com/pulse/post/e46d02b2-2733-4567-9b8a-ecdc2244d293 Coinbase launches staking rewards for customers in the UK, France, Spain and The Netherlands https://blog.coinbase.com/coinbase-launches-staking-rewards-for-customers-in-the-uk-france-spain-and-the-netherlands-4ebed6beb277 Facebook’s Calibra subsidiary rebrands as Novi https://www.irishtimes.com/business/technology/facebook-s-calibra-subsidiary-rebrands-as-novi-1.4262902 Chinese Communist Party's new blockchain book casts Libra as a threat to its currency system https://www.theblockcrypto.com/post/66744/chinese-communist-partys-new-blockchain-book-casts-libra-as-a-threat-to-its-currency-system Minecraft gains blockchain assets thanks to Enjin plugin https://decrypt.co/30456/minecraft-gains-blockchain-assets-thanks-to-enjin-plugin ‘Passwordless Login’ Startup Magic Raises $4M From Naval Ravikant, Placeholder https://www.coindesk.com/passwordless-login-startup-magic-seed-round-naval-ravikant-placeholder 29:30 Discussion Argentina is cracking down on local Bitcoin trading https://decrypt.co/30090/argentina-cracking-down-local-bitcoin-trading B1 Votes for Exchanges (What would your criteria be?) https://www.eoswriter.io/170257_meet-block-ones-first-vote-recipients.eos 59:00 Bitcoin Post-halving, Bitcoin's miner revenue from fees are returning to normal https://insights.glassnode.com/the-week-on-chain-week-21-2020/ Cryptocurrencies Including Bitcoin Are Not an Asset Class https://decrypt.co/30237/whats-on-the-agenda-for-goldman-sachs-bitcoin-call 1:12:08 Ethereum $25M ICO project that once promised decentralized search to return funds following SEC charges https://www.theblockcrypto.com/linked/66766/25m-ico-project-that-once-promised-decentralized-search-to-return-funds-following-sec-charges New record for ether options volume on Deribit https://twitter.com/skewdotcom/status/1267017866299179009 Ethereum developers build a way to make stealth transactions https://decrypt.co/30516/ethereum-developers-build-a-way-to-make-stealth-transactions?utm_source=twitter&utm_medium=social&utm_campaign=auto 1:22:38 EOS EOS VC Grants Program Awards $1.7 million To EOSIO Projects https://www.eoswriter.io/170493_eos-vc-grants-program-awards-1-7-million-to-eosio-projects.eos Meet Block.one’s First Vote Recipients https://www.eoswriter.io/170257_meet-block-ones-first-vote-recipients.eos 1:45:40 Binance Binance launches Smart Chain testnet, a parallel Binance chain to enable smart contracts https://www.binance.org/en/smartChain CoinMarketCap rolls out a new ranking system for crypto market pairs https://www.theblockcrypto.com/linked/66859/coinmarketcap-ranking-market-pairs

The team sits down w/ John Wu of AVA Labs, to discuss how institutions like Goldman Sachs think, building a Decentralized Finance focused network, how Enterprise and Retail can co-exist, and his take on how the China-US standoff will go.

Ava Labshttps://www.avalabs.org/https://twitter.com/avalabsofficialJohn Wuhttps://twitter.com/John1wu

1:46 John’s Story5:57 How Institutional money thinks9:45 How ICOs played into the genesis of AVA13:00 What is AVA?15:00 How does AVA targets DeFi 16:45 How do you plan on attracting enterprise AND retail?19:14 How do you compete with Ethereum21:35 The Future of DeFi 24:45 Regulating DeFi26:50 Governance on AVA32:20 Reviewing AVAs important fundraising backers38:30 Bitcoin Adoption and COVID1942:45 Stablecoins44:40 Do networks target certain geographic areas?46:15 China-US relations50:00 AVA Grants52:15 Book Recommendation

Anything in particular that you'd like to hear form us in the next episode of Layer1? Let us know in the comments!

Telegram - https://t.me/sutlerventuresTwitter - https://twitter.com/layer1pod___________________________________________

All the songs, images, and graphics used in this video belong to their respective owners, Sutler Ventures nor this channel claim any right over them.

Come join Layer1 as we discuss the latest in the Steem and Hive standoff, Uniswap launches v2, WAX Garbage Pail Kids NFTs sellout in 24 hours, Harmony upgrades to blend Sharding w/ PoS, and Craig Wright the Fraud.

Telegram - t.me/SutlerVenturesTwitter - https://twitter.com/layer1pod https://twitter.com/SutlerVenturesSutler Ventures - https://sutlerventures.com/______________________________________________________________Breaking Craig Wright Called ‘Fraud’ in Message Signed With Bitcoin Addresses He Claims to Own https://www.coindesk.com/craig-wright-called-fraud-message-signed-bitcoin-addresses-satoshi Quick News Tether hits #3 by MC and falls below $1 for longest stretch since March https://www.coindesk.com/bitcoin-demand-pushes-tether-below-1-for-longest-stretch-since-march FTX token (FTT) launches with Coinbase Custody after expanding to US via a spot exchange https://cointelegraph.com/news/coinbase-to-custody-ftxs-exchange-token Russia Seeks to Criminalize Crypto Usage with Fines, Imprisonments https://www.financemagnates.com/cryptocurrency/news/russia-seeks-to-criminalize-crypto-usage-with-fines-imprisonments/ Tezos reaches over 80% of total tokens staked, with 18% of the total being held by exchanges (re: self-bonding!) https://bitcoinexchangeguide.com/tezos-staking-reaches-a-new-ath-at-over-80-top-5-exchanges-holding-18-of-xtz-supply/ Largest investment bank in Latin America has chosen Tezos to issue a real-estate focused STO https://cryptopotato.com/largest-investment-bank-in-latin-america-used-tezos-to-launch-a-security-token/ You can now "auto-buy" BTC on the Square Cash app https://cointelegraph.com/news/square-dollar-cost-averaging-lets-users-repeat-buy-bitcoin-in-cash-app Update to Keep Network's tBTC issues https://blog.keep.network/details-of-the-tbtc-deposit-pause-on-may-18-2020-38d7dd555663 Genesis expands its business by offering custody via an acquisition https://fortune.com/2020/05/21/genesis-cryptocurrency-vo1t-bitcoin/ New Bitcoin scam in China steals nearly $1bln in BTC https://gainbitcoin.com/wotoken-crypto-mlm-scam/ Uniswap launches Version 2.0 adding price oracles, flash swaps and a liquidity migration tool from V1 to V2 https://decrypt.co/29438/defi-protocol-uniswap-launches-v2-on-ethereum-mainnet Discussion Tron/Steemit to seize STEEM tokens from key dissidents in ongoing Hive/Steem debacle -- how does this end well for anyone? https://cryptobriefing.com/tron-will-seize-5-million-steem-from-dissident-tokenholders/ Goldman Sachs has an invite only "Bitcoin Call" set for May 27th -- are institutions bullish, neutral or bearish for crypto? https://bitcoinist.com/goldman-sachs-is-inviting-clients-to-a-bitcoin-call-heres-why-thats-so-important/ https://www.financemagnates.com/cryptocurrency/news/greyscale-is-buying-bitcoin-at-record-rates-29-9m-per-week-growing/ China orders second-largest mining region to close, 9% of Bitcoin hashrate at risk - miner DUMP https://cryptoslate.com/china-orders-second-largest-mining-region-to-close-9-of-bitcoin-hashrate-at-risk/ https://twitter.com/iamjosephyoung/status/1264875725414379521 Bitcoin Layer1 Technologies launches "Bitcoin batteries" for the Texas energy market https://cointelegraph.com/news/layer1-stabilizes-texas-grids-with-bitcoin-batteries 50 Bitcoin that was mined in Feb 2009 was moved https://messari.io/article/50-bitcoins-mined-in-february-2009-just-moved Ethereum MetaCartel becomes DAO incubator https://medium.com/metacartel/metacartel-is-evolving-%EF%B8%8F-350a64b39f3c EOS EOS DeFi protocol adds 4 EOS BPs to governance system https://www.eoswriter.io/170202_independent-eos-companies-collaborate-to-strengthen-equilibriums-defi-protocol.eos WAX GPKs Sell Out https://www.eoswriter.io/170166_wax-marketplaces-topps-all-other-blockchains.eos Cardano Charles Hoskinson said to be working on RFID like microchip; Cardano posts big gains with new testnet upcoming https://cointelegraph.com/news/cardano-is-working-on-a-microchip-that-would-give-crypto

The team sits down w/ Zac Prince of BlockFi to discuss the state of crypto lending, an update on the May 14th Data Breach, how BlockFi is able to offer high stablecoin rates, crypto usage in distressed countries, and how the crypto market looks post-Black Thursday.

BlockFihttps://blockfi.com/https://twitter.com/TheRealBlockFiZac Princehttps://twitter.com/BlockFiZac

2:32 Zac’s Story6:08 Crypto Companies vs Traditional Tech Company8:50 Data Breach on May 1412:30 What is BlockFi?15:11 How can you offer 8.6% on stablecoins?17:30 Market effects on lending rates21:52 Boom in Stablecoins?26:07 Governments restricting fiat to crypto29:43 Why is their huge demand in Stablecoins?32:30 Is there a reason to use USDT over USDC34:45 Black Thursday Event42:30 Where is the next crypto boom? New features on BlockFi?46:15 Book Recommendation

Anything in particular that you'd like to hear form us in the next episode of Layer 1? Let us know in the comments!

Sutler Ventures - https://sutlerventures.com/Twitter - https://twitter.com/layer1podTwitter - @SutlerVentures Telegram - @SutlerVentures___________________________________________

All the songs, images, and graphics used in this video belong to their respective owners, Sutler Ventures nor this channel claim any right over them.

Come join Layer1 as we discuss the latest tBTC pause on deposits, VISA possibly entering crypto, breaking down BitMex lawsuits, a NonFungibles audit of the $WHALE Vault, and NO JK ROWLING talk...hopefully.

Telegram - t.me/SutlerVenturesTwitter - https://twitter.com/layer1pod https://twitter.com/SutlerVenturesSutler Ventures - https://sutlerventures.com/______________________________________________________________Breaking tBTC mainnet "pauses" after still unknown bug causes issues https://twitter.com/mhluongo/status/1262261372714455042?s=20 Bitmex lawsuit talks claims they're laundering money and more https://cointelegraph.com/news/bitmex-faces-lawsuit-for-alleged-racketeering-and-extensive-illicit-activities Quick News Blockchain as One of the Goals of Digital Government Strategy in Brazil https://cointelegraph.com/news/blockchain-as-one-of-the-goals-of-digital-government-strategy-in-brazil Digital asset derivatives infrastructure draws in $552 million in institutional-focused investments since 2014 https://www.theblockcrypto.com/linked/65529/digital-asset-derivatives-infrastructure-draws-in-552-million-in-institutional-focused-investments-since-2014 Chainlink now offering Verifiable Randomness on ETH https://cointelegraph.com/news/chainlink-brings-verifiable-randomness-to-ethereum Subreddit crypto roll out https://www.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/?app_name=ios_coinness&share_source=1&channelCode=appusershare&recommend_type=2&uuid=2B245716-17E7-4BDA-A421-1481390F5DA8&lang=en-gb Former Bakkt CEO Hands Documents to DoJ Amid Insider Trading Controversy https://cointelegraph.com/news/former-bakkt-ceo-hands-documents-to-doj-amid-insider-trading-controversy NBA Star Wants Fans to Buy His Contract for $24.6M… Because Bitcoin? https://cointelegraph.com/news/nba-star-wants-fans-to-buy-his-contract-for-246m-because-bitcoin Vechain teams up with Mastercard in the APAC Provenance Council between China and Australia https://cointelegraph.com/news/vechain-mastercard-and-alipay-join-australia-china-supply-chain-consortium Binance hits ATH for new user registration; Adds 30m to its insurance fund https://cointelegraph.com/news/new-user-registrations-on-binance-approach-all-time-high-amid-bitcoin-halving https://bravenewcoin.com/insights/binance-adds-30-million-usdt-to-insurance-fund-following-may-10th-drop Monero transactions and hashrate continue to boom https://www.cryptoglobe.com/latest/2020/05/monero-network-usage-back-at-all-time-highs-from-phantom-usage/ Discussion Binance cut shorts on their futures platform during auto deleveraging https://cointelegraph.com/news/traders-say-binance-cut-their-bitcoin-shorts-heres-why-it-happened Bitfinex is dumping BTC for USDT it seems; over $1b Tether printed in April -- larger discussion around exchanges becoming the largest sellers as miners now receive 50% less https://beincrypto.com/bitfinexs-cold-wallets-being-drained-of-bitcoin/ Web3 Foundation tables proposal to redenominate Polkadot’s token and 100x its supply https://www.theblockcrypto.com/post/65420/polkadot-redenomination-supply-proposal-web3 Bitcoin FTX lists Bitcoin hashrate derivative contract https://www.forbes.com/sites/colinharper/2020/05/15/futures-trading-for-bitcoins-hashrate-has-arrived/#4a31ecc5c72c Ethereum ErisX launches ETH Futures https://www.cryptoglobe.com/latest/2020/05/crypto-derivatives-exchange-erisx-launches-physically-settled-ether-futures-contracts/ Will Visa use ETH for its digital fiat? -- Would this be bullish for ETH even if its using a private version? https://en.ethereumworldnews.com/speculation-grows-that-visas-digital-fiat-will-use-ethereum-eth/ Reddit CP to hit ETH blockchain in 2021 -- start of an NFT boom? https://cointelegraph.com/news/reddits-blockchain-rewards-will-migrate-to-ethereum-by-2021 NonFungibles.com runs audit on NFTs backing token https://nonfungible.com/static/may-2020-whale-vault-audit.pdf Binance OKEX calls CMC's new exchange r

The team sits down w/ Dr.Corey Petty of Status, to discuss privacy and security in the internet today, bringing Web3 functionality to messaging, how citizens in distressed countries lose their ability to communicate, and thoughts on Telegram's failed ICO bid.

Statushttps://status.im/https://twitter.com/ethstatusDr.Corey Petty (Chief Security Officer)https://twitter.com/Corpetty

3:10 Dr. Petty's Story6:20 What’s been your experience starting The Bitcoin Podcast9:17 How does the Internet run today?14:49 Improving Blockchain UI 20:35 What is Status?26:18 What’s it going to take for normal users to care about their security?32:20 What are the chances we end up in a dystopian future?35:40 Onboarding Crypto Users in Distressed Countries41:56 Communicating in Distressed Countries46:00 Negative Consequences of Privacy53:41 How is Governance handled on Status59:30 Fundraising and Grants through Status1:03:25 Examples of Grants on Status1:07:22 Current and future Status user base1:13:30 What other sectors interest Corey?1:17:00 NFTs within Status1:20:50 Telegram ICO1:23:45 Book Recommendation

Anything in particular that you'd like to hear form us in the next episode of Layer 1? Let us know in the comments!

Sutler Ventures - https://sutlerventures.com/Twitter - https://twitter.com/layer1podTwitter - @SutlerVentures Telegram - @SutlerVentures___________________________________________

All the songs, images, and graphics used in this video belong to their respective owners, Sutler Ventures nor this channel claim any right over them.

The team sits down w/ Devin Finzer of OpenSea to discuss the rise of the now booming non fungible token sector, the future for his teams popular NFT marketplace, how NFTs "Unbundle" the traditional application structure, and how other protocols gain an Ethereum-like community.

OpenSeahttps://opensea.io/https://twitter.com/openseaDevin Finzerhttps://twitter.com/dfinzer

2:31 Devin’s Story4:53 OpenSea Origin6:38 Concept of Unbundling 8:40 Crypto Startup Environment in 2017 vs. Present11:10 What is an NFT? How does OpenSea fit into the NFT industry?13:30 Future plans for OpenSea?16:00 What are you seeing in the NFT industry?21:30 What does the NFT industry need for mass adoption28:00 How do Metaverses establish communities outside of just speculation?30:45 Negative issues with NFTs 36:65 Thoughts on WhaleShark $WHALE and RocketNFTs39:44 Ethereum Discussion44:05 Do you see new developers coming into crypto?47:17 Is OpenSea planning on adding assets from EOS, Tezos, etc..?50:10 Breaking down Unbundling and how it effects Centralized Applications55:58 What outside of NFTs interest you?1:02:29 Book Recommendation

Anything in particular that you'd like to hear form us in the next episode of Layer 1? Let us know in the comments!

Sutler Ventures - https://sutlerventures.com/Twitter - https://twitter.com/layer1podTwitter - @SutlerVentures Telegram - @SutlerVentures___________________________________________

All the songs, images, and graphics used in this video belong to their respective owners, Sutler Ventures nor this channel claim any right over them.

Come join Layer1 as we countdown to the BTC halving and talk ETH 2.0 schedule, Paul Tudor Jones on BTC, Brendan tweeting on BlockOne's role within EOS, and much more!

Telegram - t.me/SutlerVenturesTwitter - https://twitter.com/layer1pod https://twitter.com/SutlerVenturesSutler Ventures - https://sutlerventures.com/______________________________________________________________8:06 BreakingPTJ on CNBChttps://www.theblockcrypto.com/linked/64691/macro-investor-paul-tudor-jones-says-he-has-a-little-over-1-of-his-assets-in-bitcoin

Quick NewsBitfinex now offers a derivative contract on BTC dominancehttps://finance.yahoo.com/news/bitfinex-now-derivatives-contract-offering-130000031.html

New research finds that 98% of XRP transactions are emptyhttps://decrypt.co/28176/98-of-xrp-transactions-are-empty-says-report

Open interest on BTC options broke $1B for the first time ever; CME open interest on Bitcoin futures hits ATHhttps://www.coindesk.com/open-positions-on-bitcoin-options-pass-1b-for-first-timehttps://cointelegraph.com/news/cme-bitcoin-futures-break-open-interest-record-heres-what-it-means

Fork of Telegram is created without Telegram the companyhttps://messari.io/article/community-devs-and-validators-launch-a-fork-of-ton-without-participation-from-telegram

Bitcoin node count falls to lowest level in 3 years; 65% of hashrate in China; Grayscale and Square purchase 50% of Bitcoin in Q1 2020https://www.coindesk.com/bitcoin-node-count-falls-to-3-year-low-despite-price-surgehttps://news.bitcoin.com/65-of-global-bitcoin-hashrate-concentrated-in-china/https://cointelegraph.com/news/report-squares-cashapp-and-grayscale-consumed-over-50-of-bitcoin-mined-q1-202

$72B worth of equities on loan are headed to the Axcore Blockchainhttps://www.forbes.com/sites/michaeldelcastillo/2020/05/05/occ-deal-to-move-72-billion-in-equities-to-axcore-blockchain/#18c3ea835cef

Joseph Lubin: ‘We will get back to selling a lot of tokens’https://decrypt.co/28273/joseph-lubin-we-will-get-back-to-selling-a-lot-of-tokens

Lolli raises $3 million in new fundinghttps://www.theblockcrypto.com/linked/64710/bitcoin-lolli-3-million

There's more Bitcoin on Ethereum than in the Lightning Networkhttps://decrypt.co/28414/theres-more-bitcoin-on-ethereum-than-in-the-lightning-network

29:36 DiscussionETH2.0 set for Q3; some initial details on staking rewards have emergedhttps://decrypt.co/28217/how-much-you-might-earn-staking-on-ethereum-2-0https://decrypt.co/28191/ethereum-on-track-to-offer-staking-in-q3-2020https://messari.io/article/ethereum-2-0-phase-0-launch-inching-closer-as-multi-client-testnet-progresses

LIbra hires former HSBC head -- is Libra about to make big moves in the stablecoin space?https://messari.io/article/libra-association-appoints-hsbc-chief-legal-officer-stuart-levey-as-ceo

57:49 BitcoinNew Bitcoin ETP/ETF launches in Canada allowing access for Canada (and maybe US)https://www.forbes.com/sites/michaeldelcastillo/2020/05/08/bitcoin-fund-completes-48-million-exchange-traded-offering-just-dont-tell-americans/#756e45502846

Iran is getting into the BTC game and hard to avoid US sanctions, etc. https://www.coindesk.com/iran-issues-license-for-nations-biggest-bitcoin-mining-operation

1:14:00 EthereumProgPoW from the grave again -- will this actually go through? https://messari.io/article/progpow-back-on-the-map-but-perhaps-in-a-less-prominent-role

NFT Fractional Ownership, NFT-backed currencyhttps://defirate.com/whaleshark-token/https://whale.me/

1:29:56 EOSBrendan tweets about B1s involvement in EOShttps://twitter.com/BrendanBlumer/status/1259287214128640000?s=20

Galaxy EOS VC Fund Invests in Game Studio Dazzle Rockshttps://www.eoswriter.io/169470_galaxy-eos-vc-fund-invests-in-game-studio-dazzle-rocks.eos

The team sits down w/ Florian Liss of Staking Facilities to discuss the staking industry, his ideas on blockchain governance, why AWS is threatening decentralization, crypto in Germany, and the possibility of a fork before ETH 2.0.

Staking Facilities https://stakingfacilities.com/https://twitter.com/stakingfacFlorian Lisshttps://twitter.com/MangoLissBNassi

2:30 Florian’s Story6:25 How does Staking Facilities choose networks to work with?8:29 Why does Cosmos have a good validator set?10:08 Who is using Staking Facilities?12:34 What fees do you take for your service?13:32 Do your users follow you to new networks?16:00 How much of your time is spent on customer service?17:54 What would it cost to implement a new system?21:20 How do users choose which networks to stake with?23:20 Is your userbase evenly distributed?24:50 How do you hedge against volatility of the assets on these networks?27:30 What’s your outlook not he growth of smart contract platforms?32:12 Why AWS is bad for Blockchain.32:57 Governance on PoS Networks35:18 What chains are handling governance well?38:45 ETH 2.0 Discussion41:45 What are the chances ETH forks?43:30 What makes Tezos great at active governance?44:35 What other sectors interest you in crypto?45:45 Blockchain and Crypto in Germany51:00 How COVID-19 hit Munich and how it changes Europe.55:35 Book Recommendation

Anything in particular that you'd like to hear form us in the next episode of Layer 1? Let us know in the comments!

Sutler Ventures - https://sutlerventures.com/Twitter - https://twitter.com/layer1podTwitter - @SutlerVentures Telegram - @SutlerVentures___________________________________________

All the songs, images, and graphics used in this video belong to their respective owners, Sutler Ventures nor this channel claim any right over them.

The team sits down w/ Peter Watts of PROPS to discuss how Crypto loyalty rewards can help users gain stake in their favorite apps, how Props was built out from YouNow, discussing play-to-earn models, past ICO and recent fundraising rounds, as well as building on Algorand and Ethereum.

Propshttps://www.propsproject.com/https://twitter.com/PROPSproject

2:00 Peter’s Story5:18 What is Props? How token economies work within applications8:45 Reward Structures10:33 What type of Apps will work w/ Props?13:34 Can Props be used alongside other applications like Twitch?17:28 Props User #s19:15 Breaking down recent $2million raise 21:47 How do educate a non-crypto user about Props token?25:34 2017 and ICO History31:24 Breaking down Algorand and Ethereum technicals35:15 Validator Sets with Props 37:29 Smart Contract Platforms discussion40:41 Psychology of Play-to-Earn models45:05 Book Recommendation

Anything in particular that you'd like to hear form us in the next episode of Layer 1? Let us know in the comments!

Sutler Ventures - https://sutlerventures.com/Twitter - https://twitter.com/layer1podTwitter - @SutlerVentures Telegram - @SutlerVentures___________________________________________

All the songs, images, and graphics used in this video belong to their respective owners, Sutler Ventures nor this channel claim any right over them.