Published Sep 24, 2021

ROLLUP: SEC vs Crypto | Evergrande | Robinhood Wallets | Layer 2 Ethereum | Yearn v3 | Coinbase Lend

Dive into the dynamic world of crypto as Ryan Adams and David Hoffman unravel the impact of market trends like Evergrande and SEC regulations on Bitcoin and Ethereum, explore groundbreaking innovations in Ethereum's layer 2 scalability, and discuss the rising influence of NFTs in mainstream culture. Amidst regulatory challenges, discover how the crypto community is embracing change and pioneering a new digital era.
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Episode Highlights

  • Celebrity NFTs

    Snoop Dogg's surprising involvement in the NFT space has sparked curiosity and excitement. and discuss whether Snoop is the mysterious NFT collector Cosmo Medici, a well-known figure in the NFT community. While Ryan suggests that Snoop's tweet claiming to be Cosmo Medici could be genuine, David speculates that Snoop might have a friend guiding him through the NFT world 1. Regardless, Snoop's engagement highlights the growing interest of celebrities in NFTs, with noting, "Snoop's got like, what, almost 20 million followers. And he's a business person, right? He's a talented individual, really great at this sort of thing."

    Snoop, if you're listening, or Cosmo Medici, should I say, we want you on the Bankless podcast. You need to come here and tell us about your crypto journey, sir. We would enjoy that.

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    The conversation also touches on other celebrities like Katy Perry and Steve Aoki joining the Ethereum-based platform Audius, which uses Web3 incentives to empower artists and creators 2.

       

    Corporate NFTs

    Corporate giants are increasingly entering the NFT space, with Time Magazine leading the charge. shares that Time has launched "Timepieces," a collection of over 4,500 original NFTs by artists worldwide, which sold out quickly due to high demand 3. This move signifies a significant step for mainstream media in embracing crypto culture, as notes, "They're definitely early, at least from the mainstream media side, to tap into this and do it in a very crypto native way."

    Congratulations for Time, for getting into the world of NFTs.

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    Additionally, the integration of NFTs into everyday technology is becoming more prevalent. highlights how Zerion allows NFT owners to display their digital assets on Apple Watch faces, bridging the gap between digital and physical worlds 4. This trend suggests a future where NFTs become a part of daily life, potentially leading to broader adoption and innovation.