NEWS: @ethbeat_org, formerly L2BEAT, launched The CROPS Guide, grading Ethereum apps on censorship resistance, open source, privacy, and security. First listings: Uniswap V2, Uniswap V3, Safe, and Tornado Cash. Tornado Cash is the only one rated good on all four qualities.

NEW EPISODE - The Race to Build the Private Ethereum Can Ethereum have truly private smart contracts without backdoors? Aztec co-founder @Zac_Aztec joins @TrustlessState to make the case for privacy without privileged access, and why he believes @aztecnetwork stands apart from competing networks. They break down why Wall Street needs privacy to move onchain, how ZK Passport enables identity verification without exposing personal data, and why AI-powered cyberattacks could make decentralized infrastructure more important than ever. CHAPTERS --- 0:00 The Race for Private Ethereum 07:21 Why Crypto Still Isn't Private 15:01 ZK Passport and Private Identity 21:29 AI-Powered Attacks and Trustless Infrastructure 29:44 Private DeFi and Institutional Adoption 35:42 Aztec Tokenomics, MEV, and Transaction Costs 40:52 Aztec Tierra and the 2027 Roadmap 43:43 Getting Started With Aztec

NEW EPISODE - The Complete Zcash Roadmap @Zcash co-founder @ebfull and Zcash protocol contributor @zkDragon break down what's next for $ZEC: scaling with Tachyon, preparing for quantum threats, and the future of private money. The complete Zcash deep dive for everyone curious about where the project is headed. CHAPTERS --- 0:00 Why Zcash Matters Now 07:53 AI Makes Privacy Urgent 11:20 The Zcash Development Roadmap 17:33 Privacy Without Compromises 25:26 Scaling Zcash With Tachyon 39:42 Private Wallets and Proof of Work 41:06 Zcash's Quantum Defense Roadmap 1:00:53 AI Threats and Formal Verification 1:12:53 Security Through Multiple Assumptions 1:19:37 Why Payments Come First 1:25:54 Funding Proof-of-Work Security 1:29:34 Governance and Coinholder Voting 1:34:53 ZEC Price and Protocol Threats

zcash:native breaks resistance 24hr after Bankless Premium whales get Early Access to the worlds most comprehensive @Zcash Roadmap episode Not a coincidence. I'm deleting the ZILLIONS 20% off code for Bankless Premium at the end of the day today.

NEW EPISODE - CryptoDad's Vision for the Future of Finance Former CFTC Chairman @giancarloMKTS returns to Bankless with his new book, The New Adventures of CryptoDad, and a bold prediction: the entire financial system will be rebuilt on digital rails by 2040. Christopher and @TrustlessState unpack how Wall Street and Washington fought crypto innovation, why the 2008 financial crisis convinced him of blockchain's potential, and how tokenization is already reshaping traditional finance. CHAPTERS --- 00:00 CryptoDad's New Mission 04:36 How Crypto Became Political 12:16 Why the SEC Crackdown Failed 17:09 Bitcoin Futures, Perps, and Regulation 27:54 Passing the CFTC Baton 33:52 Who Controls Digital Finance? 39:40 The 2008 Banking Blind Spot 45:31 Wall Street Moves Onchain 50:52 Privacy and the Digital Dollar

EARLY ACCESS: The Complete Zcash Roadmap | Sean Bowe and Dev Ojha @ebfull and @zkDragon on: - Scaling private payments with Tachyon - Preparing for quantum threats - @Zcash's long-term future Out now for Premium Subscribers 👇

NEWS: Keystone says the attacker behind its Oct. 20 store breach also took the key it uses to verify its wallets are genuine. It will destroy the 18,835 wallets in its inventory that carry that key. The breach exposed 25,964 buyer records, including names and addresses.

NEWS: Hyperliquid has OFFICIALLY named Kraken parent Payward as its first CFTC-regulated deployer on HIP-3, its permissioned perps framework. If approved, Payward's Bitnomial would run and clear the markets on Hyperliquid's order book. There's no approval or launch date yet.

What if bitcoin:native is signaling the next bull market before the liquidity data catches up? “Liquidity drives Bitcoin, but there are clearly feedback effects.” “Bitcoin could be saying... we're entering now the early stages of what will turn out to be... another two to three year bull market.” Michael Howell of @crossbordercap argues that Bitcoin's recent stability could be an early signal of a turning liquidity cycle, potentially pointing to another 2–3 years of upside.

NEW EPISODE - Is Bitcoin Signaling the Next Bull Market? Macro analyst Michael Howell returns to Bankless to unpack why $70K is a critical level for $BTC, whether the next liquidity rebound could arrive sooner than expected, and what could change his 2027 outlook. Plus: The Fed and Treasury's new money-printing playbook, rising bond yields, risks to the AI boom, China's influence on gold, and what the next liquidity cycle means for crypto. CHAPTERS --- 00:00 Is Bitcoin Signaling an Early Liquidity Recovery? 07:35 The $70K Bitcoin Level That Could Change Everything 11:08 What's Really Driving Treasury Yields Higher? 19:55 Michael Howell vs. Ray Dalio on the Future of Bonds 28:48 Inflation, Economic Growth, and the Liquidity Squeeze 35:02 The Four Phases of the Liquidity Cycle and What to Own 41:07 Can the AI Boom Defy the Market Cycle? 51:08 Treasury QE and the Fed's New Liquidity Playbook 1:01:06 Why China's Liquidity Could Be Driving Gold 1:06:19 Bitcoin vs. Gold as Monetary Inflation Hedges 1:11:08 How Much Could Global Liquidity Grow?

NEW INTERVIEW: Black October! What Is Happening to the Internet? Is AI turning the entire internet into a dark forest? Security experts @hrkrshnn and @odysseas_eth join @TrustlessState to unpack Black October, why AI-powered hacking is becoming cheaper and more scalable, how defenders are falling behind, and what it means for your crypto and personal data. [TIMESTAMPS] 0:00 Intro 0:08 Black October: Cybersecurity’s New Reality 1:01 Why Cyber Incidents Are Surging 4:06 AI Makes Hacking Cheap and Scalable 6:46 The Real-World Cost of Data Breaches 11:00 AI, Personal Data, and Targeted Scams 15:32 Is Mass Data Exposure Inevitable? 18:02 What the CVE Explosion Reveals 20:50 Can AI Defenders Keep Up? 23:22 Why Crypto May Be Better Prepared 27:34 Are Crypto Assets Still Safe? 31:41 A Silver Lining After the Cyber Turbulence 34:18 Practical Security Advice for Individuals 36:05 Redundancy, Self-Custody, and Limiting Risk 38:02 Simple Steps to Protect Your Wallet 40:39 What Crypto Custodians Should Do 41:29 Security Startups and How They Can Help

NEWS: Uniswap has launched Aggregator Hooks, letting v4 route trades through outside liquidity sources like Curve, Fluid and PancakeSwap. Hooks are live on Ethereum, Base and Robinhood Chain. Swaps routed through them pay protocol fees that BURN $UNI.

Incredibly informative conversation with @hrkrshnn and @odysseas_eth My takeaways: - Without intervention, data on the internet becomes a free-for-all. The cost to exploit vulnerabilities to access personal data is/has dropped to 0. - As a result, companies will do 1 of 3 things: -- 1. Increase security spend so that defensive spend>offensive spend -- 2. Offload data security responsibilities to 3rd party companies who do it as a service -- 3. Simply delete the data that they don't want the responsibility of securing. - Is crypto safe? For the most part, yes, because the economic incentive to protect crypto-assets has been very high for a long time. Coinbase/Fireblocks et are under constant barrage of attempted hackings all the time. Still, continued cyber defense investment is a MUST. Crypto is a head of the curve, but the curve is advancing anyay - Holy f this is so bullish $VVV. So many companies will want to mimimize their data footprints while also will need to be doing AI inference. Venice sells this as a product. - Holy f this is so bullish $ZEC. Everyone's data, financial or otherwise, will likely be stolen from the companies that store it. Privacy is so fucking in. Traceable blockchains that can be linked to exposed identities (i.e. Ledger data breach) are so out. The worst case scenario is that everyones personal info is out in the wild, and this includes all your finances and assets. Zcash hides this again. zillions

NEWS: Aerodrome and Velodrome have merged into @aeroxyz, one DEX now live on seven chains including Base. $VELO converts at 0.044 $AERO, giving Velodrome's side 5.5% of the merged supply. Weekly ve-votes are gone, with emissions now capped against each pool's projected revenue.

NEW EPISODE - Zcash Names: ENS for Zcash @ZcashNames founder James Joseph (@zcashme) joins @TrustlessState to break down how .zec usernames make shielded payments simpler without exposing your transaction history. They dive into how ZNS compares to Ethereum's ENS, the technology behind private usernames, the remaining security tradeoffs, and whether the system could pass the Edward Snowden privacy test. CHAPTERS --- 00:11 Making Private Payments as Easy as Venmo 05:06 How Zcash Names Actually Works 14:13 Would Edward Snowden Trust Zcash Names? 22:22 How to Claim Your Zcash Name 28:21 The Business and Economics of Zcash Names 36:55 Not Your Keys, Not Your Name