The Breakdown

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 it's really possible to compare the US to anyone else. Today's Episode Sponsored By:In Wolf's Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning startups -- Applications for Cohort 3 open NOW -- https://wolfnyc.com/apply**Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

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:In Wolf's Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning startups -- Applications for Cohort 3 open NOW -- https://wolfnyc.com/apply**Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

The podcast explores recent DeFi hacks in the crypto space, including a $47m hack and a re-entrancy attack. It discusses the consequences for lending pools, the vulnerability in the code, and the potential impact on DeFi lending protocols. It also examines the risks, future developments, and the threat of regulation in the DeFi space.

A reading of: A Crypto Truce Emerges Between Fraud and Revolution - Aaron BrownToday's Episode Sponsored By:In Wolf's Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning startups -- Applications for Cohort 3 open NOW -- https://wolfnyc.com/apply**Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

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 dismissed; Sequoia reducing their crypto fund size. Today's Episode Sponsored By:In Wolf's Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning startups -- Applications for Cohort 3 open NOW -- https://wolfnyc.com/apply**Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

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 Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning startups -- Applications for Cohort 3 open NOW -- https://wolfnyc.com/apply**Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

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, including some tense moments and the defection of 6 (young) Democrats to vote to advance the legislation. Today's Episode Sponsored By:In Wolf's Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning startups -- Applications for Cohort 3 open NOW -- https://wolfnyc.com/apply**Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

The podcast discusses the recent interest rate hike by the Federal Reserve, focusing on the shift in market observers' attention towards real economic data. The episode also covers the background context of the previous rate decision, analysis of the labor market, inflation, and expectations for the upcoming rate hike, and the implications of the rate hike on the economy and Bitcoin's price.

In this episode, NLW discusses the potential Ripple appeal by the SEC and the impact it may have on the Terraform case. He also explores the drama surrounding Sam Bankman Fried's criminal trial and the controversy surrounding leaked personal journal entries.

Worldcoin is live and the crypto community has feelings. Today's Episode Sponsored By:In Wolf's Clothing -- The first startup accelerator exclusively for Bitcoin and Lightning startups -- Applications for Cohort 3 open NOW -- https://wolfnyc.com/apply**Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW