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@Unchained_pod

Unchained – your no-hype resource for all things crypto. 👇 📩 Newsletter: https://t.co/gAMVqbZpFe Advertisers: [email protected]

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linkhttp://www.unchainedcrypto.com calendar_today17-11-2017 20:11:09

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Here’s why EigenLayer's airdrop is causing a stir in the crypto community.
Do you agree with the critics, or do you think it was a fair airdrop?
bit.ly/3UCO5uE

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⛏️ Miners can now expect 1 petahash per second of hashing power to yield about $47 worth of BTC in a day, an all-time low.

Sage~ reports
🗞️ Read more: unchainedcrypto.com/bitcoin-mining…

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😯 We are only beginning to see the rise of Bitcoin L2s, but people are already thinking about L3s.

🚀 Here’s why Willem S 🕷 of Botanix Labs 🕷 believes this is the way to scale Bitcoin to 8 billion people.

🎧 Listen now: bit.ly/4beYFxp

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With bitcoin, ethereum, and solana facing sharp declines, some point to dwindling bullish catalysts and regulatory risks, while others see potential for a market rally.

Is a turnaround possible, or will the downturn persist?

unchainedcrypto.com/crypto-market-…

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.a16z is betting on the future of Optimism — and specifically on its Ethereum L2 tech stack.

Michael Bodley reports
unchainedcrypto.com/a16z-makes-90-…

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JUST IN: The former head of Binance was sentenced to four months in prison today by a federal judge in Seattle.

By Kollen Post

unchainedcrypto.com/binance-founde…

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What does it take to build a successful layer 2 on Bitcoin?

Here’s how BOB | Build On Bitcoin (🔜Mainnet) approaches the problem, and why it chose an architecture that works hand in hand with Ethereum. 🤝

🎧 Listen now: bit.ly/4beYFxp

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Dive into the future of Bitcoin Layer 2s, with Willem S 🕷 of Botanix Labs 🕷, orkun 🍊🍋 of Citrea, and Alexei Zamyatin of BOB | Build On Bitcoin (🔜Mainnet):

💸 The impact of L2s on Bitcoin’s fees and security
⚠️ The security risks for each L2
bit.ly/4beYFxp

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👨‍⚖️ If Binance founder CZ 🔶 BNB is sentenced to prison time on Tuesday, a minimum security “camp” won’t be an option for him.

By Kollen Post

🗞️Read more: unchainedcrypto.com/binance-founde…

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.@Coinbase’s layer 2 blockchain Base has been rapidly growing its revenues and usage, but is it enough yet to impact the crypto exchange’s stock? $COIN

By Dilin Shiva Massand
unchainedcrypto.com/what-bases-rap…

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With Consensys suing the SEC, we learned that Gary Gensler’s agency actually had filed a Wells Notice to the developer of MetaMask. 🦊

🗣️ Here’s what the SEC is arguing, and why Laura Brookover thinks they are wrong. ❌

🎧 Listen now: bit.ly/3xQdGY1

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🕰️ A new bitcoin ETP that launched on a German stock exchange this week is betting that calculating its net asset value multiple times a day will win over overseas traders.

By Michael Bodley

🗞️ Read more:
unchainedcrypto.com/new-bitcoin-ex…

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💬 Consensys’s lawsuit discusses former SEC director Bill Hinman’s 2018 speech on ether as one of the main reasons why Ethereum should not be classified a security.

😯 Here’s why, six years later, it is still relevant, according to Laura Brookover

🎧 bit.ly/3xQdGY1

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🌊 @OpenSea has fallen further behind the pack as rival NFT exchange Magic Eden 🪄 surpassed it in weekly trading volume for the first time last week.
Sage~ reports

🗞️ Read more: unchainedcrypto.com/how-openseas-w…

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🔥 “If Gary Gensler gets away with misclassifying ether as a security, it'd be catastrophic for the United States,” says Laura Brookover, Senior Counsel & Head of Litigation and Investigations at Consensys.

🧑‍⚖️ And that’s why they sued the SEC.

🎧 bit.ly/3xQdGY1

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💥 Consensys is suing the SEC.

Laura Brookover, the firm's head of litigation, explains why:

🔥 Is ETH a security?
🛠️  Does staking make ETH a security?
🤔 Is the SEC investigating ETH to find reasons to deny ETH ETFs?

unchainedcrypto.com/podcast/consen…

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🧟‍♀️ Many 'zombie blockchains' are able to maintain huge valuations despite having minimal developer activity and usage.

Sage~ reports
🗞️ Read more: unchainedcrypto.com/why-many-zombi…

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📈 The Cboe is shutting down its spot crypto trading business, citing “regulatory uncertainty and headwinds in the US.”

🗞️ By Michael Bodley

unchainedcrypto.com/cboe-shutters-…

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