The Breakdown
The Breakdown dives into the deepest topics in crypto, blockchain, and the macro forces shaping markets and power structures. Each episode breaks down complex ideas into clear, grounded analysis — separating signal from noise across crypto, finance, and geopolitics. Hosted by David Canellis, The Breakdown features explainers, interviews, and conversations with the people building, regulating, and challenging the financial system. A Blockworks podcast. Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/

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Episoder(2085)

Reuters Says Binance Commingled Funds, But Is It Just More FUD?

Reuters Says Binance Commingled Funds, But Is It Just More FUD?

After FTX, the industry's guard is up when it comes to exchanges behaving badly. Reuters today published a piece saying that Binance had commingled user funds in 2020 and 2021. Binance strenuously den...

23 Mai 202314min

Biden Defaulting on the Debt to Own the Crypto Bros?

Biden Defaulting on the Debt to Own the Crypto Bros?

On today's episode, NLW digs into the acrimonious debt ceiling debates, including the way in which crypto has recently become yet another partisan football.  Enjoying this content? SUBSCRIBE to th...

22 Mai 202315min

Why Ordinals and BRC20 Tokens are Driving Bitcoin Layer 2 Development

Why Ordinals and BRC20 Tokens are Driving Bitcoin Layer 2 Development

Bitcoin has been experiencing much higher-than-normal fees of late, driven by Ordinal inscriptions and BRC-20 token memecoin mania. On this Long Reads Sunday, NLW reads two essays that explore how the...

21 Mai 202312min

Crypto Wins A Key Battle in its War with the SEC

Crypto Wins A Key Battle in its War with the SEC

On this edition of the weekly recap, NLW covers: Ledger turmoil Stablecoin reserve shifts Binance out in Australia  Binance total market share dips below 50% SEC says Filecoin is a security Jud...

20 Mai 202315min

Crypto Allies Introduce Securities Clarity Act

Crypto Allies Introduce Securities Clarity Act

Congressional Blockchain Caucus leaders Tom Emmer (R) and Darren Soto (D) have introduced the Securities Clarity Act, which is designed to ...well...give clarity on what tokens are securities and when...

19 Mai 202315min

Will the US Default on Its Debt? Circle Ditches Treasuries and Tether Buys BTC

Will the US Default on Its Debt? Circle Ditches Treasuries and Tether Buys BTC

Oh the irony. For most of the last few years, the US political establishment has been concerned about the risk that stablecoins might have for the mainstream financial system. This year, however, it's...

18 Mai 202317min

Ledger Recover Announcement Leads to Massive Crypto Uproar

Ledger Recover Announcement Leads to Massive Crypto Uproar

Ledger announced a new program yesterday called "Ledger Recover" that has people feeling confused, betrayed, and angry. NLW explores what the uproar is about and what it says about the start of self-c...

17 Mai 202319min

SEC Finally Responds to Coinbase Lawsuit

SEC Finally Responds to Coinbase Lawsuit

After ignoring a Coinbase request for rulemaking for 10 months, Coinbase sued the SEC, compelling a judge to compell the SEC to respond. In 36 pages of legalese, the SEC effectively said "we don't hav...

16 Mai 202316min

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