The Breakdown

The FTX estate has received approval to begin crypot asset liquidation, overseen by Galaxy. The speculation this week has all been about how much pressure it would put on market prices. NLW explores that, and catches up on 3AC's banning from Singapore. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Su...

The latest SEC action is a settlement with NFT project Stoner Cats. NLW discusses the community's response, which ranges from not-that-surprised to appalled at yet another example of unelected bureaucrats trying to expand their authority through enforcement. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecry...

Another day, another set of high profile departures from Binance. NLW explores the latest news around the beleaguered exchange as well as community reactions. The show also looks at Gary Gensler's testimony before the Senate. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter:...

On Friday Ripple announced that it was acquiring Fortress Trust. On Monday we learned that, counter to previous statements, a recent security incident at Fortress had caused the loss of customer funds. NLW explores wtf is going on and what it says about the state of the crypto industry. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtu...

A look at the hack of Ethereum co-founder Vitalik Buterin's Twitter account over the weekend, plus a catch up on a set of regulatory action from last week.

A reading of excerpts from: Who Needs a Bitcoin ETF? Actually, the SEC Does. - Bloomberg Bitcoin ETF Applications Are Bitcoin's Best Marketing Strategy - Tim Haldorsson Stop Thinking About 'Wins' or 'Losses' in the Bitcoin ETF Debate - David Ackerman Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subs...

Covering the biggest stories of the week in discussion with Scott Melker: 1. Visa Stablecoin Settlement program expansion Solana  2. FASB accounting rule Change 3. Genesis Shuttering Trading desk / Coinbase institutional lending + Grayscale letter to SEC + Genesis suing DCG 4. ARK Van Eck Spot ETH ETF 5. CFTC + LBRY Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch...

The board that oversees corporate accounting standards has voted unanimously to change the way corporates account for cryptoassets on their balance sheets, and some argue it eliminates a major barrier to enterprise adoption. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: h...

Today on The Breakdown, NLW looks at a new paper from the IMF and FSB that -- among other things -- acknowledges the un-reality of successfully banning crypto. Plus a look at the new privacy paper co-authored by Vitalik Buterin. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newslette...

Yesterday Visa announced an expansion of their ability to settle cross-border transactions with USDC, adding support for the Solana blockchain. According to some, even the fintech folks who aren't interested in crypto are excited about it. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to th...

On a macro show, NLW explores how China's economic situation has been deteriorating; the highly targeted interventions from the Chinese government; and the discussion of why more aggressive tactics aren't being deployed to right the ship. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the...

A new experiment, NLW and Scott Melker do a live rundown of the 5 most important events of the crypto week. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twit...

NLW catches up on the late week news including the SEC punting 7 ETF applications, the JOLTS and nonfarm payroll reports, and revised GDP estimates. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrf...

A class action lawsuit against Uniswap has been dismissed with prejudice and the decision might have big implications for other ongoing crypto cases. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRr...

As everyone celebrated the SEC's upset in the Grayscale lawsuit, the Commission was quietly filing sealed documents in their lawsuit against Binance. NLW explores the community's theories around what those documents might represent. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsl...

A DC Circuit Court has decided in favor of Grayscale in their lawsuit against the SEC, calling the decision to deny GBTC's conversion to a Bitcoin Spot ETF "arbitrary and capricious."  Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the d...

On Friday the US Treasury and the IRS dropped a 300-page guidance on crypto tax policy, including an updated of "broker" that some say could threaten the very fundamentals of decentralized finance in the United States. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https:/...

On LRS, NLW reads excerpts from and analyses: How PayPal Upended the Crypto Debate in Washington D.C. - John Rizzo The End of the End of Crypto - Daniel Kuhn Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord....

On this edition of the Weekly Recap, NLW looks at: More community reactions around the Tornado Cash arrests The latest updates from Binance Bitfinex up and running in Turkey Circle adds 6 new chains to USDC Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.b...

Today on The Breakdown, NLW examines Nvidia's massive earnings report as well as Powell's Jackson Hole speech, which, far from last year's shock, was almost exactly as expected. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussi...

The US Government has arrested one of the founders of Tornado Cash and is on the hunt for another. NLW examines the community's reaction, and the discussion of whether it's an action more about chilling privacy tech than it is about actually preventing terrorism financing. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathani...

Something serious or just more FUD? NLW explores the latest dustup around Binance, as well as speculation around why the price of BNB has wobbled of late. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/...

Today on The Breakdown, NLW looks at the rearrangement of the arrangement between Circle and Coinbase. The Centre Consortium is being dissolved and Coinbase is investing in Circle directly. The show also features a macro update on bonds and China. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscri...

That's the assessment of one lawyer working currently with Gemini. On today's episode, NLW looks at the SEC's motion to appeal in the Ripple case, Coinbase's international trading data, and SBF's request to not be in jail so much. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newslet...

A reading of "What progressives get wrong when it comes to crypto" by Sheila Warren and Justin Slaughter. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitte...