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/

Business
Investing
926
Where Bitcoin Mining Goes From Here
On this Long Reads Sunday, NLW reads: by Zack Voell  By George Kaloudis  By Daniel Kuhn  Enjoying this content?   SUBSCRIBE to the Podcast Apple:  Spotify: Google:   Join the discussion:   Follow on Twitter:...
16 min
927
Is Political Gridlock Good for Crypto?
On the first Weekly Recap of 2023, NLW hones in on the political impasse in Washington D.C. and explores whether a divided Congress (and a divided Republican party within Congress) might be good for crypto in a year that politicians are feeling...
15 min
928
The Crypto Reckoning Continues
NLW profiles another brutal week in the crypto computation and cleanup following the disasters of 2022.    He examines:   Celsius ex-CEO Alex Mashinsky sued by NYAG 3AC subpoenaed via Twitter Silvergate laying off 40%  Genesis...
15 min
929
The Fed Is Scared of Stock Market Animal Spirits
  In today's episode, NLW looks at the macro landscape that will set the tone for the markets in 2023. According to the minutes of the December Federal Open Markets Committee Meeting, released on Wednesday, the Federal Reserve is concerned about...
16 min
930
SBF Pleads Not Guilty; Trial Set for October
On today’s episode, NLW discusses Sam Bankman-Fried and FTX, including his bail hearing from December, the unusual request to keep his bail bond-backers private, and his not guilty plea from yesterday’s arraignment.  Enjoying this content?...
15 min
931
On Bitcoin’s 14th Birthday, the Gemini-DCG War ...
Bitcoin celebrates its birthday today! This is also the first Breakdown of the year. NLW discusses the news and events from the past couple weeks, including the arrest of Mango Markets exploiter Avraham Eisenberg as well as the escalating feud between...
16 min
932
Bitcoin Is Optimism, With Alex Gladstein
This episode is sponsored by , and .   Today’s guest is Alex Gladstein, chief strategy officer at the Human Rights Foundation.   Find our guest on Twitter: - is a security-first platform where you can buy, exchange and borrow against...
38 min
933
Mike Dudas on Crypto Community Resilience
This episode is sponsored by , and .   Today’s guest is Mike Dudas of 6th Man Ventures and LinksDAO.    Find our guest on Twitter: - is a security-first platform where you can buy, exchange and borrow against your crypto. The...
29 min
934
Muneeb Ali on the Future of Bitcoin Building
This episode is sponsored by , and .   Today’s guest is Muneeb Ali, CEO of Trust Machines and founder of Stacks.   Find our guest on Twitter: - is a security-first platform where you can buy, exchange and borrow against your crypto. The...
33 min
935
Sam Abbassi on Why Proof of Reserves Matters Now
This episode is sponsored by , and .   Today’s guest is Sam Abbassi, founder and CEO of Hoseki.   Find our guest on Twitter: - is a security-first platform where you can buy, exchange and borrow against your crypto. The company ensures...
25 min
936
The New Crypto Policy Blueprint, With Kristin S...
This episode is sponsored by , and .   Today’s guest is Kristin Smith, executive director of the Blockchain Association.    Find our guest on Twitter: - is a security-first platform where you can buy, exchange and borrow against...
33 min
937
Why Bitcoin Is Thriving, With Alyse Killeen
This episode is sponsored by , and .   Today’s guest is Alyse Killeen, founder and general partner at Stillmark.    Find our guest on Twitter: - is a security-first platform where you can buy, exchange and borrow against your...
32 min
938
The Top 10 Things That Happened in Bitcoin 2022
This episode is sponsored by , and .   On this year’s final “Long Reads Sunday,” NLW reads “” by Cory Klippsten, Tomer Strolight and Sam Callahan.  - is a security-first platform where you can buy, exchange and borrow against...
12 min
939
Ryan Selkis on the Crypto Outlook for 2023
This episode is sponsored by , and .   Today’s guest is Messari CEO Ryan Selkis.    Find our guest on Twitter: Read Crypto Theses for 2023: - is a security-first platform where you can buy, exchange and borrow against your crypto....
40 min
940
Gary Wang and Caroline Ellison Plead Guilty to ...
This episode is sponsored by , and .   In breaking news last night, Sam Bankman-Fried was extradited from the Bahamas to the U.S. to face charges ranging from wire fraud to campaign finance fraud. Almost as soon as the plane took off, the U.S....
16 min
941
Why Are a Dead Guy's Crypto Coins Moving?
This episode is sponsored by , and .   Ah, what a perfect way to end a year of fraud, deception and disappointment. Earlier this week, on-chain sleuths noticed that more than 100 BTC were on the move from wallets that were controlled by and...
16 min
942
Elon Bans Journalists, Kills Spaces and Asks if...
This episode is sponsored by , and .   On today’s episode, NLW looks at the latest out of Twitter, including a dust-up about location doxxing and the journalists who were suspended as a result, a new policy banning links to external social...
19 min
943
Audit Firms Don’t Want to Work With Crypto Comp...
This episode is sponsored by , and .   On today’s episode, NLW catches up on the latest in the crypto industry, including: Sam Bankman-Fried changes his tune on extradition DCG-owned coins on the move Audit firms ceasing crypto...
15 min
944
What ChatGPT Might Mean for Web3
This episode is sponsored by , , and the .   On this week’s “Long Reads Sunday,” NLW reads:“” by Tim Kravchunovsky   “” by Michael J. Casey  - is a security-first platform where you can buy, exchange and borrow against...
15 min
945
Exchange Fears Roil Crypto Following SBF’s Arrest
This episode is sponsored by , , and the .   On this edition of the “Weekly Recap,” NLW looks at how the FTX bankruptcy is proceeding following the arrest of disgraced founder Sam Bankman-Fried, as well as the concerns surrounding Binance...
15 min
946
Trump NFTs Sell Out In Hours
This episode is sponsored by , , and the .   On today’s episode, NLW catches up on the latest non-FTX crypto news, including: Former President Trump’s NFT sellout Jack Dorsey funding decentralized social networks PayPal partnering with...
17 min
947
Jerome Powell Says ‘More Work to Be Done’ as FO...
This episode is sponsored by , , and the .   Today’s episode is a deep dive into the Federal Open Market Committee meeting. NLW covers not just the policy updates but the details of Chair Jerome Powell’s speech and the Q&A after. The big...
17 min
948
For Once, a Positive Inflation Surprise
This episode is sponsored by , , and the .   On today’s episode, NLW catches up on the most recent inflation numbers. U.S. headline inflation for November came in at 7.1%, vs 7.7% the previous month and the 7.3% expected by surveyed...
17 min
949
Sam Bankman-Fried Arrested for Wire Fraud and C...
This episode is sponsored by , , and the .   In a shocking turn of events, Sam Bankman-Fried was arrested on Monday, Dec. 12 by Bahamian authorities at the request of the U.S. Southern District of New York. On today’s episode, NLW covers the...
21 min
950
SBF ‘Loaned’ the CEO of The Block $43M
This episode is sponsored by , , and the .   Another day, another betrayal. On Friday, news broke that former FTX CEO Sam Bankman-Fried made three loans totaling $43 million to Michael McCaffrey, CEO of CoinDesk competitor The Block. Those loans...
19 min