ROLLUP: CZ to Jail? | Consensys sues SEC | IRS vs. Crypto | USDT in Telegram

Bankless Friday Weekly Rollup
Last Week Of April

------
🔐 SAFE | USE SAFE, GET REWARDED. CHECK OUT SAFE PASS
https://bankless.cc/SafePass_pod 

------
BANKLESS SPONSOR TOOLS:

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

🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 

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

🔐 SAFE | USE SAFE, GET REWARDED
https://bankless.cc/SafePass_NL 

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku 

🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS
https://bankless.cc/4aykesD 

------
TIMESTAMPS & RESOURCES

0:00 Intro

4:19 Markets - Thanks Kraken

5:39 Total Crypto Market Cap

5:46 L2 Update - Brought to you by Mantle
https://l2beat.com/scaling/costs 

7:42 10M active wallets are using Ethereum ecosystem every week! 
https://twitter.com/RyanSAdams/status/1782756457915506876 

8:19 Base is the #2 chain for USDC Supply - Coinbase trying make a payment chain
https://vxtwitter.com/jessepollak/status/1783503518156136498 

9:48 ENTER RUNES
Runes changed the game for a day 
https://twitter.com/mikealfred/status/1781684678782791830 
https://www.okx.com/web3/marketplace/runes?channelid=ACEAP6502255 
https://twitter.com/ercwl/status/1782029205770744125?s=46 
https://twitter.com/hlopez_/status/1781501372200059336 
https://ycharts.com/indicators/bitcoin_average_transaction_fee 

22:56 ETF INFLOWS:
The inflows into BTC spot ETFs are not back yet 
https://twitter.com/carpenoctom/status/1783327357652042187 
https://x.com/EricBalchunas/status/1782740051929006496 
https://www.coindesk.com/business/2024/04/20/grayscale- reveals-015-fees-for-its-bitcoin-mini-tr 
https://twitter.com/thomas_fahrer/status/1781809562070442047 

28:03 Q1 ‘24 income statements for Ethereum and MakerDAO
https://twitter.com/tokenterminal/status/1782858613943321016 

33:01 CZ might spend 3 years in prison 
https://twitter.com/johnreedstark/status/1783107482325225947 
https://twitter.com/rizzn/status/1783199755541066103 
https://storage.courtlistener.com/recap/gov.uscourts.wawd.328570/gov.uscourts.wawd.328570.8 
https://twitter.com/RyanSAdams/status/1783195468840697896 

40:21 Samourai wallet founders arrested
https://twitter.com/RyanSAdams/status/1783222828361281847 
https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering 
https://x.com/RyanSAdams/status/1783254322894999978 

46:39 Consensys sues SEC
https://twitter.com/fintechfrank  

52:56 Renzo announced its token launch! 
https://x.com/RenzoProtocol/status/1783277589525594231 
https://www.bankless.com/renzo-madness 
https://twitter.com/DefiIgnas/status/1783083767449432189 
https://twitter.com/dcfgod/status/1782978862772814000?ref=bankless.ghost.io 
https://twitter.com/Ian_Unsworth/status/1783163546857099730 

58:57 Telegram allows USDT payments
https://twitter.com/ton_blockchain/status/1781294475219812665 
https://twitter.com/cstanley/status/1782459974313988281 
https://twitter.com/dannypostmaa/status/1783541623839740030 

1:00:17 OP is releasing its multichain upgrade!
https://twitter.com/OPLabsPBC/status/1780987940526534943 

1:01:09 Liam Shiba Inu raised $12M for its new chain 
https://x.com/treatsforShib/status/1782490407655592242 
https://shibarium.shib.io/ 

1:02:32 Lido is starting with DVT - Stake with friends - making lido more decentralized?
https://twitter.com/LidoFinance/status/1780317961854636384 

1:04:13 IRS keeps labeling self-custody wallets as brokers 
https://twitter.com/valkenburgh/status/1781380879476043940 
https://www.irs.gov/pub/irs-dft/f1099da--dft.pdf 
https://twitter.com/TheCryptoCPA/status/1781403340045197813 
https://twitter.com/jchervinsky/status/1782061785119367284 
https://x.com/lex_node/status/1782050294429319545 

1:08:09 Raises and BVC Investments 
Movement Series A
https://x.com/movementlabsxyz/status/1783511681928175791 
Othentic raised $4M in their seed round - RaaS for Eigen Apps
https://twitter.com/0xOthentic/status/1782378684369739781 

1:11:23 MEME of the Week
https://polymarket.com/event/nic-carter-vs-david-hoffman-Fight?tid=1714065541205 
https://x.com/nic__carter/status/1781676895291015477 

1:15:00 Closing & Disclaimers

------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠