Bankless: ROLLUP: The Debate | 1st DeFi Congress Hearing | ENS joins PayPal/Venmo | Coinbase’s cbBTC

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This week in crypto, the Trump vs. Harris debate sparked chatter, but did the markets react? DeFi had its first U.S. congressional hearing—how’d it go?

Friend.tech burned its keys—abandoning? ENS integrated with PayPal and Venmo, while Coinbase launched their cbBTC, and Sony might release a stablecoin.

Plus, did we see “war mode” Vitalik this week?

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0:00 Intro

5:21 Markets https://farside.co.uk/?p=1518 https://x.com/biancoresearch/status/1832806811088638440 https://x.com/matt_hougan/status/1833149076722081906 https://www.cbsnews.com/news/inflation-cpi-fed-readies-to-cut-rates-next-week/ https://www.tradingview.c om/symbols/FRED-WALCL/ https://x.com/sonyasunkim/status/1832114732326957274

18:02 House lawmakers ended up divided in 1st Congressional DeFi hearing https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409354 https://x.com/fund_defi/status/1833556632027955694 https://x.com/coinage_media/status/1833593592373243915 https://x.com/NeerajKA/status/1833530974212387228 https://x.com/rohangrey/status/1833543531228762323 https://x.com/jchervinsky/status/1833557017023459526

27:29 The Debate - they didn’t mention crypto! https://x.com/CNN/status/1833703753179857334 https://x.com/erikvoorhees/status/1833705605045051850 https://polymarket.com/event/who-will-win-the-debate-according-to-polls https://polymarket.com/event/presidential-election-winner-2024?tid=1726028429396 https://x.com/shayne_coplan/status/1833127734844789106 https://x.com/Polymarket/status/1833679653191512442 https://www.theblock.co/post/315808/presidential-debate-risk-off-crypto https://x.com/MikeIppolito_/status/1833874331539034448

36:49 War mode vitalik? If its not stage 2, its not a rollup https://x.com/vitalikbuterin/status/1834061075970683367

39:01 zkSync Stage 1? & New CMO? https://blog.zknation.io/zksync-governance-system/ https://x.com/the_matter_labs/status/1833894141052494218

42:41 Sony Stable Yen https://x.com/delzennejc/status/1833243834563650038

43:21 Friend.Tech team renounces control of smart contracts https://x.com/friendtech/status/1832581118165709140 https://x.com/functi0nZer0/status/1833178200685318213 https://x.com/MacroMate8/status/1833393620407488542 https://x.com/friendtech/status/1833259362711986335

47:06 EigenLayer announced Season 2 Stakedrop! https://blog.eigenfoundation.org/season-2-stakedrop/

48:55 ENS was integrated with PayPal and Venmo! https://x.com/ensdomains/status/1833536140529570039 https://x.com/brantlymillegan/status/1833568986547818820?

50:16 Coinbase Bitcoin - cbBTC released! https://x.com/coinbase/status/1834208544247144949 https://x.com/jessepollak/status/1833603913888764064?s=46&t=2ZINVXJQKx6xO_6Wiiu_2gb

55:04 David Fighting at Permissionless

58:01 Closing & Disclaimers

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