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Bankless
@Bankless
Welcome to Bankless: where we explore the frontier of crypto money, tech and finance. Learn how to get started, get better, and front-run the opportunity.
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LIVE NOW - The $200 Billion Shadow Market Behind Anthropic's Stock | Dio Casares Anthropic's secondary market is tens of billions of dollars deep, stacked with SPVs on top of SPVs charging 10% fees plus carry, and almost entirely opaque. @diogenes of @patagon breaks down how it actually works: - which deals Anthropic blesses and which get cease-and-desists, - why fake share certificates show up in 10-20% of executed deals, - what tokenized equities and pre-IPO perps actually represent, - and the mess of lawsuits and stuck shares coming when Anthropic finally IPOs. Enjoy. -------------- TIMESTAMPS 0:00 Intro 0:40 What is Going on in Secondary Markets? 7:03 How Anthropic Secondary Markets Unfold 14:51 Anthropic’s Secondaries Social Elite 19:00 Emerging SPV Structure 21:51 Accidental Frauds? 27:04 After IPO Consequences 35:13 Private Market Lessons 38:21 Patagon Markets 43:54 Tokenized Perps 44:57 Closing Thoughts
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LIVE NOW - Will AI Populism Decide The 2028 Election? | Jasmin Sun @jasminewsun talks about how AI became a political fault line: - Why anti-AI coalitions are forming across left and right Data centers, jobs, and the backlash against tech elites - The “jobpacalypse” debate - AI SuperPACs and the coming 2028 fight - What a real grand bargain for AI could look like - AI is not just a technology story anymore. Enjoy the episode. --- TIMESTAMPS 0:00 What Is AI Populism? 2:56 Why AI Could Matter in 2028 11:13 Data Centers, Distrust, and Warning Shots 25:27 The Jobpacalypse Debate 43:25 Game Over for Labor? 51:52 The New AI Political Map 1:04:50 Power Inequality, Policy, and the Grand Bargain 1:18:37 How to Stay Useful in the AI Era
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LIVE NOW - Why North Korea Is Winning Crypto Crime North Korea isn’t just hacking crypto. It’s turning DeFi into a state-run revenue machine. @ARedbord join us to talk about: - The $285M Drift hack - DPRK’s crypto crime playbook - THORChain + Bitcoin laundering rails - Privacy vs enforcement - How DeFi fights back Watch now. -------------- TIMESTAMPS 0:00 Intro 2:16 The Drift Hack 5:15 Human Weak Points 11:16 The DPRK Hacker Network 14:56 The $6B Machine 20:32 Fighting Back 28:11 Seizures and Victims 38:58 Inside TRM Labs 47:01 Laundering Rails 52:51 The Beacon Network 58:06 Privacy vs Security 1:10:20 Code and Crime 1:14:49 Iran on Tron 1:22:55 Bitcoin and Power 1:28:49 Hardening DeFi
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LIVE NOW -- Why No Big Stage 2 Rollup? | Luca Donno In our tenth talk of the Bankless Summit, L2 researcher @donnoh_eth of @l2beat/@ethereum explains why no major rollup has reached Stage 2 and what must change for true decentralization to finally happen. He breaks down the hidden complexity inside modern proof systems, why current rollups remain dependent on security councils, and how native rollups could let L2s inherit Ethereum’s safety and client diversity directly from L1. ----- [Bankless Summit in partnership with @m0]
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LIVE NOW — @ethereum Beast Mode - Scaling L1 to 10k and Beyond | @drakefjustin TPS without datacenters: validators flip from executing to verifying. We cover: - Execute → Verify and real-time zk (<12s) - On-prem provers (~10 kW) - 3×/year gas target (EIP-7938) - “Fort mode”: censorship resistance, fast finality, PQ path - Native rollups + RISC-V simplification - EthProofs race and the phased rollout to mandatory proofs --- TIMESTAMPS 0:00 Intro: What is Lean Ethereum? 3:32 Beast Mode? Gas & Blocks 5:39 GigaGas, TeraGas, Gap to Target 9:32 Why Scale L1: Decentralization Tradeoffs 20:22 Provability, Power, Real-Time, Decentralization 24:43 L1 Security: Money, Key Uses 28:59 Lean Ethereum: SNARKs, Beast, Fort 36:32 SNARKs & zkVMs: What, Why 48:50 Execute→Verify: Validators & Lean Client 56:08 Builders, Provers, PBS, Fossil 1:08:49 Devconnect Demo, EthProofs, Roadmap Phases 1:31:06 Rollout, Gas Limits, Slots, Hardware 1:44:33 Home Provers: Power, Costs, Incentives/Penalties 1:54:38 Data Availability, Lean Consensus, Upgrades 2:04:22 Talent, Competition, Community, Closing
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