David Yaffe-Bellany, a technology reporter for The New York Times, dives into the explosive rise of cryptocurrency since Donald Trump's victory in 2024. He discusses Bitcoin's historic leap past $100,000 and the pivotal court case that opened doors for public investments. Yaffe-Bellany highlights the crypto industry's strategic political maneuvers, the growing pro-crypto sentiment among lawmakers, and how these shifts could reshape regulatory frameworks. He also touches on the implications of a potential national Bitcoin stockpile in an evolving economic landscape.

Technology reporter David Yaffe-Bellany discusses the improbable resurgence of crypto, focusing on FTX's collapse and recovery, the mainstream shift of Bitcoin, regulatory debates, and the need for the crypto industry to address critical issues beyond price.

Sam Bankman-Fried, fallen golden boy of crypto, faces trial for largest financial fraud. Reporter explores his rise and downfall, potential impact on crypto industry. Charges include misusing funds, intentional fraud, defrauding investors. Tactics of person under house arrest. Prosecution's case, possible defenses. Far-reaching consequences of FTX scam on industry.

Earlier this year, much of the crypto industry imploded, taking with it billions of dollars. From that crash, one company and its charismatic founder emerged as the industry’s savior.Last week, that company collapsed.Who is Sam Bankman-Fried, how did he become the face of crypto, and why did so many believe in him?Guest: David Yaffe-Bellany, a reporter covering cryptocurrencies and fintech for The New York Times.Background reading: Here’s what to know about the collapse of FTX.In an interview with The Times, Mr. Bankman-Fried said he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

Born in response to the 2008 financial crisis, cryptocurrency was supposed be a form of money that eliminated the traditional gatekeepers who had overseen the tanking of the economy.But a crash in value recently has raised questions about cryptocurrency’s central promise.Guest: David Yaffe-Bellany, a reporter covering cryptocurrencies and fintech for The New York Times.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: No one wanted to miss out on the cryptocurrency mania. A global industry worth hundreds of billions of dollars rose up practically overnight. Now it is crashing down.Celsius Network was managing more than $20 billion in assets. Last month, it became the latest crypto venture to spiral into a crisis.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

David Yaffe-Bellany, a tech reporter for The New York Times specializing in cryptocurrency, dives into the significant political shifts surrounding crypto. He discusses the industry's financial clout in recent campaigns, helping shape a presidency. The conversation also highlights Bitcoin's surge to $100,000 and its newfound acceptance among the political elite. Additionally, Yaffe-Bellany examines the implications of upcoming regulatory changes and the evolving relationship between cryptocurrency and right-leaning politics, raising questions about the future landscape of this powerful industry.

In this discussion, David Yaffe-Bellany, a tech reporter for the New York Times specializing in crypto, dives into the burgeoning relationship between cryptocurrency and politics. He explores how the election cycle saw significant financial backing from the crypto industry, leading to pro-crypto candidates gaining ground. The conversation also touches on regulatory changes, the impact of Bitcoin's rise post-FX collapse, and the complex ties between political figures and crypto investments. Yaffe-Bellany highlights the industry’s evolving power dynamics amid shifting political landscapes.

David Yaffe-Bellany, a New York Times reporter specializing in Polymarket, dives into the fascinating world of political betting. He discusses how prediction markets can challenge traditional polling methods and the legal obstacles Polymarket faces in the U.S. Controversies arise from allegations of wash trading and an FBI raid on the CEO's apartment. Yaffe-Bellany also highlights how individual bets can sway political predictions and explores the financial allure of this emerging betting landscape, raising questions about market integrity.

David Yaffe-Bellany, a New York Times reporter, dives into the bizarre world of Donald Trump's crypto venture, World Liberty Financial, which isn't really a cryptocurrency at all. He reveals the strange rise of Chase Hero as Trump's personal crypto advisor, showcasing the questionable characters behind this project. The conversation touches on the controversies surrounding its leaders, connections to Trump's inner circle, and the unsettling intersection of cryptocurrency with political influence. Get ready for some surprising twists in the crypto landscape!

David Yaffe-Bellany, a New York Times reporter specializing in crypto, uncovers the bizarre truths behind Donald Trump’s announced project, World Liberty Financial. It turns out this so-called cryptocurrency is neither a currency nor tied to any Trump. Yaffe-Bellany delves into the dubious backgrounds of Trump's crypto advisors, revealing skepticism within the community. He also discusses the complex connections between the Trump family and the cryptocurrency world, highlighting potential conflicts revolving around election financing.