Bankless

In this Weekly Rollup, we discuss the implications of recent Federal Reserve rate cuts on crypto markets, exploring their potential benefits for Bitcoin and Ethereum. We highlight the SEC's easing of crypto ETF regulations, Tether's new compliant stablecoin, and SEC Chair Paul Atkins' vision for clearer regulations. Finally, we touch on how global finance is adapting to crypto innovations in Ghana and Nepal. --- 📣0G | CRYPTO X AI https://bankless.cc/OGAI --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen 🌳KGEN | REQUEST A DEMO https://bankless.cc/KGEN-podcast 🏄 SURF | UPGRADE YOUR CRYPTO RESEARCH https://bankless.cc/surf --- TIMESTAMPS & RESOURCES 0:00 Intro 3:24 Markets https://fred.stlouisfed.org/series/FEDFUNDS https://polymarket.com/event/fed-decision-in-october https://x.com/CryptoMalfoy_/status/1968357964906979484 https://x.com/joechalom/status/1968383138943361374 https://x.com/CryptoHayes/status/1968060229805019140 https://x.com/GarrettGoggin/status/1967905389321535779 15:52 Solana DATS https://x.com/zoomerfied/status/1967560072717869273 https://blockworks.com/analytics/treasury-companies/market-data https://panteracapital.com/helius-hsdt-building-the-preeminent-solana-treasury/ https://x.com/AltcoinDaily/status/1967645702429044799 21:34 New ETF Standards https://x.com/JSeyff/status/1968437645660352620 https://x.com/matt_hougan/status/1968432392726593686 26:00 Base Token https://blog.base.org/the-state-of-base-at-basecamp-2025 https://x.com/base/status/1967602096360063341 https://x.com/brian_armstrong/status/1967602534601875734 https://x.com/coinbase/status/1967609260667535463 https://x.com/RyanSAdams/status/1968320893953933781 44:30 Tether USAT https://x.com/USAT_io/status/1966520959713620001 48:25 Banking Lobby vs. Crypto https://www.coindesk.com/opinion/2025/09/16/the-genius-act-is-already-law-banks-shouldn-t-try-to-rewrite-it-now https://x.com/RyanSAdams/status/1968392328474706285 https://x.com/RyanSAdams/status/1968317057109287046 https://x.com/0xKofi/status/1968221311806718320 56:49 The Revolution in Nepal https://www.thestreet.com/crypto/markets/exclusive-nepal-turns-to-bitcoin-and-stablecoins-as-protests-rock-the-nation 59:50 Paul Atkins https://www.sec.gov/newsroom/speeches-statements/atkins-keynote-address-inaugural-oecd-roundtable-global-financial-markets-091025 1:01:23 Wrapping Up https://x.com/Polymarket/status/1967592719603429824 https://syndicate.io/blog/community-first-token-launch https://x.com/NasdaqExchange/status/1966512285465170265 https://x.com/BTC_Archive/status/1967960768264970690 https://x.com/afpost/status/1968426582764093740 --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

What if payment chains are the “AWS moment for money”? Simon Taylor — fintech veteran, ex-Barclays crypto lead, and author of FinTech Brainfood — joins Bankless to map the convergence of fintech and crypto. From stablecoins serving as the Trojan horse for tokenisation to Tempo’s push for a payments chain, Simon explains why finance is on the brink of its biggest infrastructure shift since Visa. We cover the rise of payments L1s, the regulatory roulette of stablecoins, and whether neutrality and permissionlessness can survive in corporate-led networks. Plus, Simon breaks down the differences between stablecoins, tokenized deposits, and CBDCs — and explains why the future of finance is already being rebuilt on-chain. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen 🌳KGEN | REQUEST A DEMO https://bankless.cc/KGEN-podcast 🏄 SURF | UPGRADE YOUR CRYPTO RESEARCH https://bankless.cc/surf --- TIMESTAMPS 0:00 Intro 4:28 FinTech Meets Crypto 9:47 The AWS Moment for Money 14:34 Why Payments Are Broken 21:25 Stablecoins in Action 25:59 The Rise of Payments Chains 38:11 Neutrality, Permissionlessness & The Libra Lesson 52:48 Stablecoins, Tokenized Deposits & CBDCs 59:08 The Stablecoin Boom Ahead 1:12:24 Is FinTech Becoming Crypto? 1:15:22 Tokenization Beyond Payments 1:36:25 Agents & AI Commerce 1:40:33 Closing Thoughts --- RESOURCES Simon Taylor https://x.com/sytaylor/ FinTech Brainfood https://www.fintechbrainfood.com/ --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Why do recessions feel like a relic of the past? Macro strategist Vincent Deluard argues we’ve entered an era where fiscal dominance, structural inflation, and relentless asset debasement reshape how capital flows and how investors must position themselves. We cover the U.S. supercycle, the role of tech and energy, why the “2% inflation target” is dead, and what a portfolio looks like in the age of permanent stimulus. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen ------ TIMESTAMPS 0:00 Intro 3:33 The Next 10 Years 5:47 The Mind of a Pension Fund Manager 8:25 US Dominance 26:17 Dominance Shift 37:21 AI Bubble? 41:19 Inflationary Forces 52:40 Inflationista Thesis 58:36 Fiscal Dominance 1:03:38 Trump vs The Fed 1:09:41 Are Debt Cycles Inevitable? 1:12:26 Are Recessions Dead? 1:20:27 Portfolio Construction 1:26:21 Emerging Markets 1:33:45 Gold 1:37:42 Closing & Disclaimers ------ RESOURCES Vincent Deluard https://x.com/vincentdeluard  StoneX https://www.stonex.com/en/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

🏴 Access all episodes with Citizenship 🏴 https://www.bankless.com/premium —— In this bonus episode of the Bankless podcast, we highlight insights from three guests featured in the Bankless premium feed. Uma Roy from Succinct discusses the Succinct Prover Network's role in enhancing Ethereum's transaction capabilities. Preston Van Loon outlines the upcoming hard forks Fusaka and Glamsterdam, along with essential privacy innovations. DeFi pioneer Dave from CapMoney presents a novel stablecoin model that combines yield-generating strategies with risk mitigation. Join us for a glimpse into the innovative advancements shaping the crypto world! —— TIMESTAMPS 0:00 Intro 1:28 Uma Roy’s Insights on Succinct Prover Network 7:50 Ethereum Roadmap with Preston Van Loon 14:30 DeFi Innovations with DeFi Dave 20:11 Conclusion and Call to Action —— Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

In the 2nd Weekly Rollup of Flat-tember, we discuss whether the crypto bull market is over amid rising unemployment and market uncertainty. We cover stablecoin competition for Hyperliquid partnerships, Justin Sun's frozen WFLI tokens, and Nasdaq's tokenized equities. With Ethereum leading in asset tokenization, they also reflect on lost SEC Chair Gensler's texts and the rise of DAOs, alongside major moves from Fidelity and Robinhood. —- 📣SANCTUM | STAKE YOUR SOL https://bankless.cc/Sanctum-report --- Bankless Weekly Rollup: 2nd Week of September, 2025 --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen --- TIMESTAMPS & RESOURCES 0:00 Intro 3:42 Markets https://www.reuters.com/business/us-unemployment-rate-near-4-year-high-labor-market-hits-stall-speed-2025-09-05/ https://fred.stlouisfed.org/series/UNRATE https://www.reuters.com/business/cooler-us-producer-inflation-hints-softening-demand-2025-09-10/ https://polymarket.com/event/fed-decision-in-september https://thedefireport.io/research/markets-are-nearing-an-inflection-point#global-liquidity https://x.com/EricBalchunas/status/1965381497936117794 https://x.com/SharpLinkGaming/status/1965385468360741042 https://x.com/DefiIgnas/status/1965412886731538686 https://x.com/amitisinvesting/status/1965031182443139242 https://blockworks.co/news/samani-expected-chairman-solana-treasury https://x.com/smyyguy/status/1965054449212342629 https://blockworks.com/analytics/treasury-companies/market-data https://x.com/RyanSAdams/status/1965118547052695588 https://beincrypto.com/fidelity-tokenized-treasury-fund-on-ethereum/ https://x.com/RyanSAdams/status/1965152999963328571 29:30 Justin Son WLFI Frozen https://x.com/molly0xFFF/status/1963684142454894967 https://x.com/QuintenFrancois/status/1963882897909145937 https://www.coingecko.com/en/coins/world-liberty-financial https://x.com/jconorgrogan/status/1963665497393975324 https://x.com/0xNonceSense/status/1963654615947514277 https://x.com/worldlibertyfi/status/1964081164408250558 https://x.com/jconorgrogan/status/1963665740109893656 https://x.com/justinsuntron/status/1963807543983263802 https://x.com/ASvanevik/status/1963761428445442341 35:35 Hyperliquid USDH Bidding War https://www.bankless.com/read/hyperliquids-usdh-bidding-war https://x.com/DefiIgnas/status/1965370023377248437 https://polymarket.com/event/who-will-win-the-usdh-ticker-159?tid=1757505856052 https://x.com/0xfoobar/status/1965445696032846173 https://x.com/hosseeb/status/1965520465172328717 42:15 MegaETH Stablecoin https://x.com/megaeth_labs/status/1965082874627199414 47:30 Ronin and Upbeat Join OP Stack L2 https://x.com/Ronin_Network/status/1965220031320793442 https://giwa.io/home https://coinmarketcap.com/rankings/exchanges/ https://x.com/hildobby/status/1965820218854486232 50:56 Robinhood Joins S&P 500 https://x.com/WatcherGuru/status/1964078422050681221 https://www.tradingview.com/chart/1CDu50yK/?symbol=NASDAQ%3AHOOD 52:45 Gary Gensler’s Missing Texts https://x.com/EleanorTerrett/status/1963731865577127980 https://x.com/haydenzadams/status/1964471380403245525 https://x.com/NateGeraci/status/1963780017281765392 https://x.com/lex_node/status/1642242646931300353 56:36 Senate Clarity Act https://x.com/jchervinsky/status/1965465751122592119 58:15 Nasdaq Seeks Tokenized Stocks https://www.coindesk.com/policy/2025/09/08/nasdaq-seeks-nod-from-u-s-sec-to-tokenize-stocks 1:01:15 Robinhood Social https://x.com/RobinhoodApp/status/1965589746937446623 --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Ryan & David sit down with Ondo Finance’s Nathan Allman and Ian De Bode to map the path from stablecoins to tokenized treasuries to tokenized stocks. We break down why Ondo’s wrapper model is set out to win, how blockchain brings 24/5 primary markets with 24/7 secondary markets, Defi composability and liquidity at fair prices. Ethereum and Ondo are leading a $100T onchain migration you can’t miss. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen ------ TIMESTAMPS 0:00 Intro 5:55 Is Business Booming? 7:59 Are RWAs Inevitable? 12:50 Tokenized Treasuries 19:13 Tokenization Roadmap 24:17 Types of Tokenized Treasuries 31:40 What’s Holding the US Back? 37:08 Tokenized Stocks 41:04 Tokenized Stocks Liquidity 50:56 Property Rights 56:25 Is Permissionless Tokenization Possible? 1:04:32 24/7 Markets? 1:07:52 Ondo Global Markets 1:10:54 Why Ethereum? 1:12:08 Stocks Meet DeFi 1:19:26 What Chains will RWAs Settle On? 1:32:41 Is Wall Street Ready? 1:34:29 What’s Next? 1:36:00 Closing & Disclaimers ------ RESOURCES Ian https://x.com/iandebode  Nathan https://x.com/nathanlallman  Ondo Finance https://ondo.finance/  Ondo Global Markets https://app.ondo.finance/  RWAs Overview https://app.rwa.xyz/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

Hyperliquid is less than a year old, yet it’s already rivalling Ethereum and Solana in revenue. In this episode, Ryan and Michael from the DeFi Report dive deep into the rise of crypto’s hottest exchange: from its fair-launch token drop to its Binance-like UX, to why whales and builders can’t get enough of it. We cover the project’s inception story, the ecosystem forming around HyperEVM, and the unique buyback model funnelling millions back into its token. Along the way, we unpack tough questions about valuation, decentralization, and regulatory risk. Is Hyperliquid the future of on-chain trading or just another bull market phenomenon? Tune in for a full breakdown of the fundamentals, the risks, and the potential upside. --- 📣SANCTUM | STAKE YOUR SOL https://bankless.cc/Sanctum-report --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen --- TIMESTAMPS 0:00 Intro 1:47 Hyperliquid’s Revenue Surge 6:33 Valuation Questions 13:42 Product Experience & Growth Flywheel 18:16 The Team Behind Hyperliquid 20:14 Ecosystem Expansion 24:33 Decentralization & Risks 33:34 Regulation, AML, and KYC 38:35 Tokenomics & Buybacks 49:18 Valuation Comparisons 57:15 Closing Thoughts --- RESOURCES Michael Nadeau https://x.com/JustDeauIt The DeFi Report https://x.com/the_defi_report Hyperliquid (HYPE) https://x.com/HyperliquidX --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Zach Abrams—co-founder of Bridge, acquired by Stripe—joins Ryan to unpack Stripe’s stablecoin strategy and why tokenized dollars are poised to devour global payments. We cover Bridge’s sale to Stripe, how “fiat L1 / stablecoin L2” rails unlock faster, cheaper cross-border payouts (from startups to government aid), the case for many issuer- and app-specific stablecoins with better yield sharing, and what the Tempo chain targets for payment-scale throughput, privacy, and finality.  ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen ------ TIMESTAMPS 0:00 Intro 6:28 Zach’s Founder Arc 15:47 Fintech x Crypto Convergence 18:55 Founding Bridge in the Dark Times 22:42 Traditional Payment Inefficiencies 26:21 Bridge 101 42:00 Traditional Bank Pushback 42:17 Stablecoin Treasuries 50:22 Post-Genius Stablecoin Market 59:27 Fintech in 5 years 1:05:01 Tempo L1 1:13:30 Too Many Blockchains 1:17:25 Exiting TradFi 1:20:49 Getting Stablecoins to Trillions 1:25:28 Stripe x Crypto 1:29:44 AI Stablecoin Users 1:32:32 Closing & Disclaimers ------ RESOURCES Zach Abrams https://x.com/zcabrams  Tempo https://tempo.xyz/  Bridge https://www.bridge.xyz/  Stripe https://stripe.com/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

In this episode, we discuss Ethereum's rise past $4,780 and co-host David Hoffman's insights from Burning Man. We explore Ethereum's treasury dynamics, the debut of the World Liberty Financial Token, and potential Bitcoin and Ethereum listings on major exchanges. The episode also covers advancements in tokenized securities, competition in prediction markets, and the quirky rise of tokenized Pokémon cards. Join us for a concise look at the latest in crypto! --- 📣SANCTUM | STAKE YOUR SOL https://bankless.cc/Sanctum-report --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen --- TIMESTAMPS & RESOURCES 0:00 Burning Man 7:30 Markets https://thedefiant.io/news/markets/bitcoin-august-all-time-high-above-usd124k-could-be-cycle-top-coingecko https://www.theblock.co/post/369477/ethereums-monthly-spot-volume-tops-bitcoin-trading-on-centralized-exchanges-for-first-time-in-over-7-years https://x.com/RyanSAdams/status/1962945359988035865 https://www.theblock.co/post/369497/nasdaq-tightens-scrutiny-of-companies-raising-cash-to-buy-crypto-report https://x.com/intocryptoverse/status/1963240688146948108 https://x.com/intocryptoverse/status/1962989752455700874 32:00 WLFI Dropped https://x.com/DonaldJTrumpJr/status/1962485085896323466 https://x.com/worldlibertyfi/status/1960068943562870830 https://www.coingecko.com/en/coins/world-liberty-financial https://governance.worldlibertyfinancial.com/t/proposal-use-100-of-wlfi-treasury-liquidity-fees-for-buyback-burn/41226 https://x.com/worldlibertyfi/status/1962648359681839381 https://x.com/NateGeraci/status/1962634267764166743 https://mail.blockworks.com/p/wlfi-the-token-is-the-product https://x.com/jchervinsky/status/1962884341626773959 38:30 Tempo https://x.com/matthuang/status/1963633379284587017 https://x.com/zcabrams/status/1963640969183859116 45:00 Tokenized Securities https://x.com/OndoFinance/status/1886822778277351608 https://x.com/rleshner/status/1963211892438049172 49:50 Polymarket in US https://x.com/shayne_coplan/status/1963280673709625346 https://www.cftc.gov/PressRoom/PressReleases/9113-25 https://x.com/shayne_coplan/status/1962903170859843759 https://x.com/shayne_coplan/status/1960377824793010489 https://x.com/williamlegate/status/1963386120471003607 https://x.com/allanmaman/status/1963406022183465032 55:14 Tokenized Pokemon https://x.com/Collector_Crypt 58:49 Credit Score https://x.com/mattyTokenomics/status/1963009390342242327 --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Austin Campbell (NYU) and Omid Malekan (Columbia) debate a simple question: is Ethereum ready to host real-world assets? They walk through stress tests—what if an exchange is hacked, a stablecoin breaks, or a court order targets the chain—and whether the network should ever step in. You’ll hear where they agree and disagree, what protections are realistic today, and what still needs to be built before RWAs can scale. ------ 📣RONIN “ONCHAIN NINTENDO” | DOWNLOAD THE RONIN WALLET https://bankless.cc/RoninWallet ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen ------ TIMESTAMPS 0:00 Intro 6:13 Twitter Debate Genesis 8:58 Bybit Hack 17:56 Crypto vs RWA Immutability 29:29 Ethereum Validator Intervention 33:11 Dealing with Multiple Jurisdictions 52:23 Credible Neutrality for a Multipolar World 1:00:32 Blockchain Use Cases 1:13:40 Consortium Chains 1:24:57 Closing Arguments ------ RESOURCES Omid Malekan https://x.com/malekanoms  https://www.omidmalekan.com/  Austin Campbell https://x.com/campbelljaustin  https://zero-in.beehiiv.com/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

What does BlackRock’s former crypto lead see in Ethereum that others still miss? Joseph Chalom joins Bankless to take us inside the IBIT/ETHA ramp, why BUIDL launched on Ethereum mainnet, and the simple—but powerful—framework he uses to value ETH as “high-octane money.” We break down staking inside ETFs, the tokenization roadmap from stablecoins to the S&P in your wallet, and the real mechanics of ETH treasury companies—mNAV premiums, ATMs, converts, and the transparency metrics that matter. Less hype, more architecture: if security, liquidity, and 24/7 settlement are the future, this is the bridge. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🎩DEGEN | JOIN THE COMMUNITY https://bankless.cc/degen --- TIMESTAMPS 0:00 Intro 3:53 Larry Fink’s arc: skeptic to champion 9:15 Joseph’s crypto journey 18:09 Aladdin × Coinbase Prime 20:55 Building IBIT 24:28 ETHA & ETH ETF staking approval 36:04 Tokenization roadmap & magnitude 44:48 SharpLink’s ETH bet 50:13 Ether as “high-octane money” 58:54 Beyond ‘buy and hold’ 1:03:11 ETH vs BTC treasuries 1:06:09 Radical transparency 1:10:31 mNAV, ATMs & buybacks 1:19:10 Where’s the price impact? 1:25:32 How many treasuries win? 1:29:25 Closing thoughts --- RESOURCES Joseph Chalom https://x.com/joechalom Sharplink https://www.sharplink.com/ --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

On this week’s Weekly Rollup, Ryan and Haseeb debate if ETH’s new all-time high signals the top or just the start, with whales rotating from BTC into ETH and alt season heating up. Powell hints at rate cuts, ETFs keep pulling billions, and Tom Lee’s billion-dollar ETH bet takes center stage while treasury premiums sink. Meanwhile, Google teases an L1, Hyperliquid outpaces Robinhood, and Europe floats a digital euro, setting up another pivotal week in crypto. --- 📣RONIN “ONCHAIN NINTENDO” | DOWNLOAD THE RONIN WALLET https://bankless.cc/RoninWallet --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle --- TIMESTAMPS & RESOURCES 0:00 Intro 0:38 Big Sean Crypto https://x.com/altcoindaily/status/1960753873376961031 3:20 Powell’s speech last week https://www.nbcnews.com/business/economy/powell-opens-door-potential-rate-cut-speech-jack https://x.com/FinanceLancelot/status/1958934829082583312 https://x.com/Cointelegraph/status/1958907551442993491: https://x.com/charliebilello/status/1958910251819786478 https://x.com/AnnaEconomist/status/1958923556680536487 9:10 Markets https://x.com/JSeyff/status/1959982000804442559 https://x.com/BanklessHQ/status/1958941150041317514 https://x.com/speculatorart/status/1960322107864141966 https://www.coindesk.com/markets/2025/08/25/bitcoin-flash-crash-triggers-usd550m-in-sunday-l https://x.com/JacobKinge/status/1959724849598718428 https://x.com/lookonchain/status/1958767845934080277 https://x.com/woonomic/status/1960442328604200987 24:53 HYPE Crushing it - competitive with major exchanges https://x.com/cointelegraph/status/1960379396927213990 https://blockworks-research.beehiiv.com/p/is-hype-still-cheap-8541fea8eaae3e65 https://x.com/infinitybanyan/status/1960373080389304611 34:55 SOL DATs are coming - 3 of em! https://x.com/matthew_sigel/status/1959942140500365564 https://x.com/SolanaFloor/status/1959948823280619558 https://decrypt.co/336832/pantera-capital-eyes-1-25b-raise-solana-treasury-firm https://panteracapital.com/blockchain-letter/dat-value-creation/ https://mcga.com/news/trump-media-group-cro-strategy-to-acquire-cro-digital-asset-treasury https://blockworks.co/analytics/treasury-companies/market-data 42:01 Google is building its L1 https://www.linkedin.com/posts/rich-widmann-a816a54b_all-this-talk-of-layer-1-blockchains-has-activity-7366124738848415744-7idA/ 49:35 US GOV - will publish GDP figures onchain! https://www.youtube.com/watch?v=cbEPqUdelFo https://blog.chain.link/united-states-department-of-commerce-macroeconomic-data/ https://x.com/Cointelegraph/status/1961067983800881224 https://x.com/krakenfx/status/1961081675175149795 https://etherscan.io/address/0x36ccdf11044f60f196e981970d592a7de567ed7b#code https://docs.chain.link/data-feeds/us-government-macroeconomic/addresses?page=1&testnetPage=1 51:41 The EU may release a Stablecoin on a public chain - Ethereum or Solana https://x.com/DefiIgnas/status/1958754787345727712 https://app.rwa.xyz/stablecoins https://www.reuters.com/business/finance/china-considering-yuan-backed-stablecoins-boost-global-currency-usage-sources-2025-08-21/ 56:45 Kanye West released $YZY https://x.com/kanyewest/status/1958346810801697237 https://x.com/CryptoHayes/status/1958356982991401006 https://x.com/lookonchain/status/1958355708010975580 https://x.com/JamesWynnReal/status/1958383968945831940 59:43 DOJ announced that it won’t bring charges against non-custodial developers https://x.com/BanklessHQ/status/1958645825732501566 1:04:51 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

ETHZilla wants to turn ETH into Wall Street’s new reserve asset, and they’ve built a plan to do it. Ryan sits down with Avichal Garg (Electric Capital) and Mac Rudisill (ETHZilla) to unpack why ETH treasuries exploded this cycle, how credit markets (converts, preferreds, and debt) supercharge accumulation, and why stablecoins → DeFi → ETH forms a flywheel that turns Ether into high-quality collateral. We dig into leverage discipline, mNAV premiums, operational security, and the business math that makes an ETH treasury look more like Berkshire than a hype trade. Plus: can this wave trigger a DeFi after-boom, and what does “winning” actually mean for ETHZilla? --- 📣RONIN “ONCHAIN NINTENDO” | DOWNLOAD THE RONIN WALLET https://bankless.cc/RoninWallet --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle --- TIMESTAMPS 0:00 Intro 3:53 Catching Tom Lee and Peter Thiel Backing 7:53 Treasury vs. ETF vs. Just Holding ETH 11:58 Why Treasuries Are Booming 16:51 New Debt Instruments & Appetite 22:00 Leverage, Rehypothecation & Risk Controls 29:50 The Big Unlock: ETH as High-Quality Collateral 34:35 Stablecoins → DeFi → ETH Flywheel 38:55 “ETH Is the Next Bitcoin?” 54:51 Why ETH Lagged BTC 56:05 ETH vs BTC Treasuries: Yield Surface 1:01:33 Why Electric Capital Runs Deployment 1:03:45 Buy Rules: Time vs. Price 1:09:00 Attention Matters: Spokesperson & Community 1:13:24 What “Winning” Looks Like for ETHZilla 1:17:59 Where Are We in the Cycle? 1:26:12 DeFi Afterboom? --- RESOURCES Maria Shen’s “Beyond Stablecoins” Report https://x.com/MariaShen/status/1942658782439395815 --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Crypto cycles have always topped on a four-year rhythm, but are we heading for a Q4 2025 peak or an extended run into 2026? Michael Nadeau from The DeFi Report joins Ryan to break down the onchain and macro signals shaping this cycle. We cover Powell’s dovish pivot at Jackson Hole, global liquidity trends, and why loosening bank lending standards could fuel risk-on markets. Michael explains how whale Bitcoin selling, ETH’s breakout, and muted altcoin flows fit into the bigger cycle map. Finally, we dive into portfolio strategy, from core holdings to high-beta “hot sauce” bets, and why holding fewer, higher-conviction assets is the edge most investors miss. Michael Nadeau & The DeFi Report: https://x.com/JustDeauIt https://thedefireport.io https://thedefireport.io/research/how-many-assets-should-you-hold-in-a-crypto-portfolio#closing-thoughts ------ 📣BIT DIGITAL ($BTBT) | ETH-FIRST PUBLIC COMPANY http://bit-digital.com ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ------ TIMESTAMPS 0:00 Intro 3:01 Global Liquidity Insights 6:44 Market Valuations Discussion 9:53 Lending Standards & Bank Activity 11:49 Powell's Impact on Markets 15:34 Inflation and Market Psychology 17:38 Bitcoin Fear and Greed Index 18:58 Long-term vs Short-term Holders 22:45 Realized Price vs Market Value 26:34 Altcoin Market Dynamics 31:19 Extended Cycle vs Classic Cycle 35:06 Portfolio Construction Strategies 39:27 Core vs Non-Core Asset Holdings 43:10 High Beta Assets Explained 45:54 Cash Allocation Strategies 54:05 Upcoming Research and Reports ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Eric Peters, CIO of Coinbase Asset Management joins Ryan to chart how crypto matured to today’s institutional market with deep liquidity, ETF rails, and stablecoin clarity. They unpack why Wall Street is leaning in, why the next wave is digitally native issuance of treasuries, bonds, and equities on Ethereum, and how macro tailwinds (fiscal dominance, Fed–Treasury convergence, AI-driven productivity) intersect with crypto’s reflexivity.  Risks and realities aren’t ignored—over-financialized “treasury companies,” security lapses, and policy whiplash—plus a 12–18 month roadmap of real on-chain use cases as pensions and sovereigns start arriving.  ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ------ TIMESTAMPS 0:00 Intro 5:55 Throwback to 2020 9:29 Institutional Infra: Before & After 11:47 Institutional Adoption: Before & After 15:57 TradFi ETF Incentives 19:07 Did Crypto Become Consensus? 22:45 Balancing Conviction & Change of Opinion 28:20 The Story of Money 33:19 Institutional Understanding 37:57 Is Crypto Too Big to be Shut Down? 43:44 Operation Chokepoint Takeaways 49:18 Crypto Regulation 180 56:13 Working with Different Jurisdictions 1:04:05 The Future of Tokenization 1:10:10 Crypto ETFs Aftermath 1:18:32 How High Can Crypto Go? 1:32:23 Treasury Companies 1:38:27 Eric’s Macro Trades 1:44:18 What Could Go Wrong? 1:48:04 Coinbase Asset Management 1:53:34 What’s Next? 1:54:52 Closing ------ RESOURCES Eric Peters https://www.linkedin.com/in/charlesericpeters/  Coinbase Asset Management https://www.cbassetmgmt.com/  One River Asset Management https://www.oneriveram.com/  Last Eric Peters interviews https://www.youtube.com/watch?v=z8oocKy3IwU  https://www.youtube.com/watch?v=NMPiGjxdH0E  Vitalik’s Interview https://www.youtube.com/watch?v=rNSnYIjoqOM  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

On this week’s Weekly Rollup Ryan and David ask if the cycle top is in and whether alt season is coming, debating if it is time to buy the dip or sell everything while reviewing 30 market signals. ETH ETFs pull in over $3B as Tom Lee buys and Saylor mints more MicroStrategy shares, yet prices remain stuck and treasury premiums compress. Meanwhile the Fed signals a pro-crypto shift, Wyoming unveils a state stablecoin, and New York threatens new taxes, setting up another pivotal week in crypto. --- 📣RONIN “ONCHAIN NINTENDO” | DOWNLOAD THE RONIN WALLET https://bankless.cc/RoninWallet --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle --- TIMESTAMPS & RESOURCES 0:00 Intro 0:10 What if $124,000 was the cycle top and there won’t be an altseason? https://x.com/QuintenFrancois/status/1957893416282648646 5:10 Markets https://x.com/TheStalwart/status/1958179878940901700 https://x.com/TheStalwart/status/1958179988802302124 https://www.cnbc.com/2025/08/18/openai-sam-altman-warns-ai-market-is-in-a-bubble.html https://www.theverge.com/ai-artificial-intelligence/759965/sam-altman-openai-ai-bubble-interview https://www.tradingview.com/chart/1RYLG2gC/ https://finance-commerce.com/2025/08/fed-rate-cut-debate-jobs-inflation/ https://polymarket.com/event/fed-decision-in-september?tid=1755697973403 https://farside.co.uk/eth/ https://x.com/hildobby/status/1957489251890962578 https://x.com/Cointelegraph/status/1957491638671949895 21:12 Treasuries keep buying…but mNAV losing it’s premium.. Is the treasury meta over?  Bitmine became the 2nd largest crypto treasury  https://x.com/SERdotxyz/status/1957417581138288945 https://x.com/arkham/status/1956387897830965711 https://x.com/RyanSAdams/status/1957849710678384977 https://www.strategicethreserve.xyz/ https://x.com/Cointelegraph/status/1957623767443587218 https://www.tradingview.com/chart/1CDu50yK/?symbol=NASDAQ%3AETHZ https://x.com/saylor/status/1957413273122287738 https://x.com/kale_abe/status/1957433733025288674 https://youtu.be/hEJueJxftuU?si=682aUZrlLGwuDDCg  https://blockworks.co/analytics/treasury-companies/bitcoin-treasury-companies https://www.coindesk.com/business/2025/08/18/btcs-to-pay-first-ever-ether-dividend-loyalty-bonus-to-discourage-short-selling 41:00 Is the current crypto cycle over? https://www.coinglass.com/bull-market-peak-signals https://x.com/fejau_inc/status/1957672639054639465  https://x.com/nic__carter/status/1957875046002680141 https://x.com/NateGeraci/status/1957074513365016952 https://cointelegraph.com/news/norway-sovereign-wealth-fund-bitcoin-exposure 50:05 Gemini is getting ready for its IPO https://www.theblock.co/post/367160/gemini-ipo-filing-exchange-targets-nasdaq-as-gemi-reveals-dip-in-revenue 51:06 New York proposed 0.2% tax on digital asset transactions starting September https://x.com/Cointelegraph/status/1956423461342969915 53:43 Wyoming launched the first stablecoin issued by a US state https://x.com/eleanorterrett/status/1957763504435524055 55:01 Exec director crypto whitehouse - Bo Hines left exchanged White House for Tether https://tether.io/news/tether-appoints-former-white-house-crypto-council-executive-director-bo-hines-as-strategic-advisor-for-digital-assets-and-u-s-strategy/ 57:35 SEC is investigating the CEO of WLFI treasury company  https://x.com/zoomerfied/status/1957856353537372614 https://x.com/ALT5_Sigma/status/1957946923647922519 https://x.com/Jonisaac702/status/1957903664393384023 59:04 FED is turning bullish on crypto https://www.theblock.co/post/367508/we-stand-at-a-crossroads-feds-bowman-urges-more-of-an-embrace-toward-crypto-and-tech 1:02:05 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

What if everything you thought about the dollar was wrong? Monetary historian Jeff Snider joins Bankless to deliver a radical thesis: the Federal Reserve doesn't control the U.S. dollar; a sprawling offshore system of interbank ledger money does. This hidden network, known as the Eurodollar system, is the real engine of global finance, and it’s been breaking down for over 15 years. In this episode, we unpack how Eurodollars work, why the Fed lost control, the eerie similarities between stablecoins and shadow banking, and why Jeff sees a “Silent Depression,” masked by asset booms but driven by deflationary forces. If you’ve been bullish on crypto because of debasement fears, Jeff’s counter-narrative might challenge everything you believe. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle --- TIMESTAMPS 0:00 Intro 5:30 Who’s Actually in Charge of the Dollar? 12:55 Stablecoins vs. Eurodollars 21:19 Did the Fed Ever Have Control? 30:02 Eurodollar Demand & Market Forces 38:24 What Backs a Eurodollar? 46:38 The Silent Depression Since 2008 52:58 From Fed Power to $6 Trillion Lost 58:45 Jeff’s Portfolio Thesis 1:05:24 “There’s No Debasement” 1:14:19 The Jeff Snider Portfolio ------ RESOURCES Jeff Snider https://x.com/JeffSnider_EDU Eurodollar University https://www.eurodollar.university/ --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Perplexity CEO Aravind Srinivas joins the show to explore how AI agents, personalization, and new browsing models could transform the internet experience.  From replacing mundane workflows with proactive assistance to envisioning a fully AI-native operating system, Aravind shares his long-term vision, the thinking behind Perplexity’s new Comet browser, and why curiosity will remain humanity’s most valuable skill in the AI era. We also dive into competing with Big Tech, protecting users from AI-generated “slop,” and the architectural choices that make AI-assisted browsing faster, more reliable, and more personal. ------ 💫 LIMITLESS | SUBSCRIBE & FOLLOW https://limitless.bankless.com/ https://x.com/LimitlessFT ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ------ TIMESTAMPS 0:00 Intro 9:58 Curiosity as the Key Human Advantage 15:26 From Keywords to Questions 21:35 Personalization and Agency in Browsing 27:13 Keeping Humans in the Loop 32:30 Why People Love Perplexity 38:35 Comet - The AI Browser 47:24 The Browser vs. Agent Debate 57:16 Competing with Big Tech 1:01:26 The OS Endgame 1:08:48 Closing Thoughts ------ RESOURCES Aravind Srinivas https://x.com/AravSrinivas  Perplexity https://www.perplexity.ai/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

Contrarian strategist Michael Green lays out why “passive” isn’t passive at all—it’s a flow-driven algorithm, turbocharged by policy, that funnels capital into mega-caps, starves small caps, and raises the odds of market non-clearing shocks. We unpack Sharpe’s arithmetic vs. rebalancing reality, lessons from Volmageddon, the aging of investor cohorts, why stress may be deflationary before inflationary, and how to “doom-proof” a portfolio with assets that throw off cash (including overlooked duration/TIPS and munis). Michael also separates crypto’s burn-it-down narrative from its true promise: tokenized, programmable securities that fix TradFi’s paper plumbing. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ------ TIMESTAMPS 0:00 Intro 4:52 Finance Twitter vs Crypto Twitter 6:42 Fundamentals vs Narrative 9:53 Passive Index Investing 22:12 Message for Passive Investors 28:43 Market Cap vs FDV 30:23 Large Cap Dominance 40:45 Other Distortions 43:40 Volmageddon 50:14 Demographics 55:17 Passive Doom-Proof Portfolio 1:04:15 Currency Collapse 1:09:51 Gold & Precious Metals 1:15:58 Bitcoin vs Gold 1:18:29 Ray Dalio Debt Cycles 1:22:43 Stablecoins & Tokenization 1:28:53 Message to the Listeners 1:34:32 Action Items 1:35:28 Closing & Disclaimers ------ RESOURCES Michael Green https://x.com/profplum99 Michael’s Substack https://www.yesigiveafig.com/subscribe?coupon=879f4ac8  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

On this week’s Weekly Rollup, ETH flirts with ATH while BTC tags a new one, PPI spooks then fades? Ryan and david dig into a $1B ETH ETF day, Tom Lee’s 1M ETH treasury, and the ETH/BTC setup. Also, Stripe and Circle launch L1s, Coinbase routes Aerodrome in-app, Uniswap’s Wyoming DUNA and fee switch path, Monero’s 51% attack, plus quick hits on Do Kwon and bank pushback on the Genius Act. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle --- TIMESTAMPS & RESOURCES 0:00 Intro 4:01 PPI Volatility & Markets https://x.com/fundstrat/status/1955995766742192612 https://x.com/fundstrat/status/1955992342453772783 https://polymarket.com/event/fed-decision-in-september?tid=1755177801833 https://x.com/DegenerateNews/status/1955763404733603857 https://companiesmarketcap.com/assets-by-market-cap/ https://x.com/CoinMarketCap/status/1955457154686849099 https://x.com/nilesh_rohilla/status/1954190478712164631 https://www.theblock.co/post/366734/standard-chartered-analysts-raise-ethereum-year-end-price-target https://farside.co.uk/eth/ https://x.com/NateGeraci/status/1955100618088972649 https://decrypt.co/334366/harvard-116-million-blackrock-bitcoin-etf https://x.com/BitcoinPierre/status/1955433791805329825 https://x.com/BitcoinPierre/status/1955493635119780321 https://x.com/brian_armstrong/status/1955980017315295514 https://www.cnbc.com/2025/08/13/crypto-exchange-bullish-more-than-doubles-in-nyse-debut-after-pricing-ipo-above-expected-range.html https://x.com/hosseeb/status/1955815228245205461 https://x.com/RyanSAdams/status/1954876419261010119 https://x.com/tedpillows/status/1955283896049807480? https://www.strategicethreserve.xyz/ https://x.com/CryptoGucci/status/1955339759917646012 https://www.bankless.com/read/ethzilla-shares-surge-after-peter-thiel-takes-7-5-stake https://x.com/MikeIppolito_/status/1955606885442179298 https://x.com/JasonYanowitz/status/1956001519095947593 https://x.com/StoryProtocol/status/1954885593286238460 https://x.com/JasonYanowitz/status/1954890658155545074 https://x.com/EricTrump/status/1955653873730720202 https://x.com/EricTrump/status/1955324074684518557 37:07 Stablecoin big boys launching their own L1s https://x.com/circle/status/1955246636223135976 https://x.com/adamscochran/status/1955257074318823568 https://x.com/jgarzik/status/1955270849595937091 https://x.com/jgarzik/status/1955270849595937091 https://x.com/RyanSAdams/status/1955011330777497987: https://x.com/chuk_xyz/status/1955064401490280721 https://x.com/100y_eth/status/1955081750683766805 https://x.com/CampbellJAustin/status/1955240962038349995 https://x.com/cherdougie/status/1955383195609993270 47:36 Banks demand the exclusion for yield-bearing stablecoins in the GENIUS https://x.com/jchervinsky/status/1955763041594958175 https://www.whitehouse.gov/fact-sheets/2025/08/fact-sheet-president-donald-j-trump-guarantees-fair-banking-for-all-americans/ 52:22 Scott Bessent - Strategic Bitcoin Reserve update…it’s not great https://x.com/watcherguru/status/1955987518509154717 54:01 ETH, Coinbase, & Uniswap https://x.com/AerodromeFi/status/1953853358575587631 https://x.com/wagmiAlexander/status/1955101747082309745 https://x.com/brian_armstrong/status/1955268909294068192 https://www.theblock.co/data/crypto-markets/public-companies/coinbase-total-volume https://www.theblock.co/post/366257/uniswap-foundation-eyes-protocol-fee-switch-with-propose https://gov.uniswap.org/t/foundation-feedback-group-ffg-thread/25549/10 https://x.com/SenLummis/status/1954950030306968055 https://x.com/unichain/status/1955978120269312280 58:54 Do Kwon pleaded guilty https://www.reuters.com/legal/government/do-kwon-pleads-guilty-us-fraud-charges-40-billion-crypto-collapse-2025-08-12/ 1:00:48 Monero getting 51% attacked - now controls over 51% of Monero hashrate https://x.com/caffeinateduser/status/1954999609039917448 https://x.com/PixOnChain/status/1955738903895531893 1:05:30 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures