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)

A Primer on the Debate Around Ordinal Inscriptions, aka Bitcoin NFTs

A Primer on the Debate Around Ordinal Inscriptions, aka Bitcoin NFTs

For the last week, the Bitcoin community has been locked in fierce debate around Ordinal Inscriptions, a type of Bitcoin-native NFT that allows people to associate data like JPEGs with individual sats...

2 Feb 202321min

Independent Examiner Excoriates Celsius as a Ponzi

Independent Examiner Excoriates Celsius as a Ponzi

On today’s episode, NLW breaks down the newly filed report from the Celsius Network bankruptcy court’s independent examiner. The extremely thorough document argues that not only was Celsius engaged in...

1 Feb 202314min

Hawks vs. Bulls: The Fed Clashes With Optimistic Investors

Hawks vs. Bulls: The Fed Clashes With Optimistic Investors

On today’s episode, NLW previews the Federal Open Markets Committee meeting this week. While most still believe the Federal Reserve will raise rates by just 0.25%, there is a growing sense the hike wi...

31 Jan 202318min

Is 2023 the Year the US Gets Serious About Protecting Privacy?

Is 2023 the Year the US Gets Serious About Protecting Privacy?

On this week’s “Long Reads Sunday,” it’s all about privacy. NLW reads: “Sweeping Crypto Regulation? First Update the Bank Secrecy Act” - Mark Lurie “Privacy Is a Human Right – and the 118th Congress...

29 Jan 202317min

What’s Next for NFTs?

What’s Next for NFTs?

On this edition of the “Weekly Recap,” NLW looks at a number of stories from the non-fungible token (NFT) industry this week that suggest where the industry might be headed, including Doodles’ acquisi...

28 Jan 202315min

Commingling Customer Funds? Binance Under Scrutiny for B-Token Wallet

Commingling Customer Funds? Binance Under Scrutiny for B-Token Wallet

On today’s episode, NLW catches up on the continued fallout of Crypto 2022, including: Scrutiny around wallet balances that suggest Binance has had commingled user funds and company reserves around ...

28 Jan 202315min

‘We Want to Make Sure America Is the Place for Innovation in FinTech’

‘We Want to Make Sure America Is the Place for Innovation in FinTech’

On today’s episode, NLW examines recent interviews with Republican congressional leaders including Representatives Patrick McHenry, Tom Emmer, Warren Davidson and French Hill, around the state of cryp...

27 Jan 202314min

Here Comes Nuclear-Powered Bitcoin Mining

Here Comes Nuclear-Powered Bitcoin Mining

Today is a mining day on “The Breakdown” as NLW looks at: News of nuclear-powered bitcoin-mining coming to the U.S. A new report on the state of mining from Galaxy Digital  The impact of Kazakhsta...

26 Jan 202315min

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