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(2072)

Binance: Too Big to Jail

Binance: Too Big to Jail

Semafor is reporting that the DoJ is exploring options other than a full criminal complaint against CZ and Binance for fear that it would cause a bank run that could harm consumers. Is Binance now too...

3 Aug 202312min

Is the US Credit Rating Downgrade a Nothingburger?

Is the US Credit Rating Downgrade a Nothingburger?

NLW explores a range of reactions to Fitch's decision to downgrade US sovereign debt from AAA to AA+ from the political responses to the market response to the shoulder shrug of people who don't think...

2 Aug 202315min

Tether Holds More US Government Debt Than Australia

Tether Holds More US Government Debt Than Australia

A look at the latest Tether reserve attestation, plus an update on the Curve hack and a new court ruling that rejects the Torres Doctrine from the Ripple vs. SEC case. Today's Episode Sponsored By: I...

1 Aug 202313min

Is DeFi Too Dangerous?

Is DeFi Too Dangerous?

NLW explores the $47m hack that occurred over the weekend, and contextualizes it in the larger trends and patterns of DeFi exploits. Today's Episode Sponsored By: In Wolf's Clothing -- The first star...

31 Jul 202316min

The Boring-ification of the Crypto Narrative

The Boring-ification of the Crypto Narrative

A reading of: A Crypto Truce Emerges Between Fraud and Revolution - Aaron Brown Today's Episode Sponsored By: In Wolf's Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning ...

30 Jul 20239min

Operation Choke Point 2.0 Comes for Crypto Auditing

Operation Choke Point 2.0 Comes for Crypto Auditing

The latest target of SEC animosity is *checks notes* auditors?! On this edition of the Weekly Recap, NLW covers the SEC's auditing warning; an AML bill passage; Binance asking for CFTC suit to be dism...

29 Jul 202313min

A Combative, Contentious Hearing Moves Stablecoin Legislation Forward

A Combative, Contentious Hearing Moves Stablecoin Legislation Forward

Crypto's big policy week continued with the House Financial Services Committee advancing stablecoin legislation after a torturous 12-hour markup session. Today's Episode Sponsored By: In Wolf's Clothi...

28 Jul 202315min

A Historic Day for Crypto Policy

A Historic Day for Crypto Policy

It was the first time that standalone Crypto legislation has made it out of the committee process. NLW covers the House Financial Services Committee markdown for the crypto market structure bill, incl...

28 Jul 202314min

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