Host Jennifer Sanasie breaks down the news in the crypto industry from the profitability of bitcoin mining to Singapore investigating people for offering Worldcoin services.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July. Plus, Singapore is investigating seven people for offering Worldcoin services, and India and Nigeria top the world in terms of grassroots crypto adoption.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.
On the night of 10 September 2023, Storm Daniel unleashed torrential rain and fierce winds on Libya’s north-east region. Two dams burst near Derna, releasing a devastating flood wave that swept through the city centre, killing thousands of people and causing widespread destruction. A year on since the disaster - a survivor reflects on the day and life now in Derna.
Also, there is a new malaria vaccine that could protect pregnant women and their unborn children.
And how the recent killings of Olympic athlete Rebecca Cheptegei in Kenya and Christiania Idowu in Nigeria sparked deliberations on the extent of misogyny and femicide in some african societies on social media.
Presenter: Audrey Brown
Producers: Patrcia Whitehorn, Yvette Twagiramariya, Stefania Okereke and Blessing Aderogba
Technical Producer: Jack Graysmark
Senior Journalist: Karnie Sharp
Editors: Alice Muthengi and Andre Lombard
Ethereum scaled its Layer 2s, but now they are raking in the fees while paying little to the base chain. Are L2s parasitic to ETH, or will things turn around? Justin Bons and Ryan Berckmans debate.
Ethereum's Layer 2 solutions are booming, but are they inadvertently holding back the value of ETH itself?
In this episode, Justin Bons and Ryan Berckmans engage in a heated debate over whether L2s are enhancing Ethereum's ecosystem or siphoning off its potential. They discuss the impact of L2s on decentralization, network effects, and whether Ethereum L1 can scale on its own or if the base layer and the rollups now have different incentives. Has Ethereum scaled appropriately for future usage, or was scaling via L2s the wrong roadmap for Ethereum?
Show highlights:
How Ethereum's rollup-centric roadmap consists of a decentralized Layer 1 (L1) for security with Layer 2 (L2) providing more transaction throughput
Why Justin is so critical about how L2s centralize Ethereum
Why, according to Ryan, Layer 2 solutions aren't parasitic to Ethereum but instead enhance its network effects, decentralization, and long-term value
Why Justin criticizes Ryan’s reliance on "trust me, bro" arguments, questioning the tribalism and authority in claiming the superiority of Ethereum researchers over those from other blockchains
How Justin thinks the Ethereum L1 could scale and what the tradeoffs are
Justin’s argument that Ethereum is stuck in the past and his claim that the blockchain trilemma doesn't exist anymore
Ryan’s take on Ethereum's L1 scaling focuses on solving bandwidth limitations and addressing whether L2s are going to fully decentralize
Whether SNARKS is the way that Ethereum scales the L1
Whether L2s will start accepting other tokens to pay for gas
Why Ryan predicts Ethereum's L2 adoption will surge, driving up L1 fees and boosting Ether's value as the leading digital money
Whether based rollups are a good solution for Ethereum to scale without losing all the fees
Why L2s would even try to decentralize and why Justin says that Solana has a better roadmap than Ethereum
Concluding thoughts from Ryan and Justin
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
Donald Trump and Kamala Harris spar on the economy, immigration and abortion in their first debate. Hurricane Francine targets Louisiana. California wildfires. CBS News Correspondent Steve Kathan has today's World News Roundup.
Vice President Kamala Harris took the fight to former President Donald Trump as they faced off in their first presidential debate, clashing over the economy, abortion, immigration, and other issues. Congress is heading towards a potential government shutdown as House Republicans push a controversial bill, which faces opposition from both Democrats and some within their own party. And, Secretary of State Antony Blinken and the UK's foreign secretary are in Kyiv, discussing lifting restrictions on Ukraine's use of long-range weapons as Ukrainian leaders push to strike military targets in Russia.
Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.
Today's episode of Up First was edited by Roberta Rampton, Kelsey Snell, Miguel Macias, Mohamad El Bardicy, and Alice Woelfle. It was produced by Ziad Buchh, Iman Maani, Nia Dumas, Lindsay Totty and Chris Thomas. We get engineering support from Carleigh Strange and our technical director is Zac Coleman.
The vice-president turned in a confident if imperfect performance, leaving Donald Trump flustered. But will it change anything? A global shortfall of blood plasma is hampering the development of new medicines; we argue for some simple market forces that could plug the gap (11:40). And how Nigerians are slimming their legendarily lavish weddings amid a cost-of-living crisis (18.10).
The news to know for Wednesday, September 11, 2024!
We're recapping last night's high-stakes presidential debate, from key moments and arguments to the post-debate reaction, and we’ll tell you which candidate is already calling for debate number two.
Also, we’ll share the candidates’ plans to commemorate the anniversary of the 9/11 terror attacks as America remembers.
Plus, when Hurricane Francine is set to make landfall on Louisiana’s coast, why time is crucial for a historic (and risky) space mission now underway, and what to expect at tonight’s 40th anniversary of the MTV VMAs.
Those stories and even more news to know in just over 10 minutes!
It was 23 years ago Wednesday that terrorists hijacked four U.S. commercial airline flights, turned the planes into weapons, crashed them into the World Trade Center towers, the Pentagon, and a field in Pennsylvania, and in the process killed nearly 3,000 people. Today, America is at risk of another equally as deadly terrorist attack, a national security expert says.
The threat of another 9/11-type terrorist attack on America “is higher now than it was in the months and years preceding 9/11 for a couple of reasons,” says Robert Greenway, director of the Allison Center for National Security at The Heritage Foundation.
First, Greenway says the terrorist threat level against the U.S. is high because of “our posture abroad, our approach to our adversaries, … [and] our neglected military capacity and capability and focus.”
But America’s greatest vulnerability to another terrorist attack, he says, is “the fact that we've invited terrorist organizations to exploit our open borders, and now they are really hiding within our own population and enjoying the benefits and concealing themselves in their activities inside of our own borders.”
Greenway deployed in support of Operation Relentless Pursuitand Operation Enduring Freedom in October 2001 in the war on terrorism. He also served as a senior intelligence officer at the Defense Intelligence Agency, and then on the National Security Council.
Listen to our interview with Greenway marking the anniversary of 9/11 on today’s edition of “The Daily Signal Podcast."
Presidential candidates Vice President Harris and former President Trump meet in Philadelphia for their first debate. L Louisianans along the Gulf Coast prepare as Tropical Storm Francine is forecast to make landfall tomorrow as a category 1 or 2 hurricane. National Guard called in to battle wildfire east of Los Angeles. CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.
