The Breakdown

A new long read argues that crypto’s biggest weakness is its inability to tell its own story—an issue magnified by the mainstream media’s fixation on outdated narratives. NLW agrees with much of the piece, but brings a unique perspective as the former architect of FTX’s high-profile marketing push, including stadium na

This week’s Friday Five is packed with U.S. government moves that signal crypto policy has shifted from rhetoric to action. NLW and Scott break down the SEC’s surprising guidance that puts liquid staking outside securities law, Hester Peirce’s call to enshrine financial privacy in the digital age, and the Tornado Cash

In a closely watched case for crypto developers, a New York jury found Tornado Cash co-founder Roman Storm guilty of operating an unlicensed money transmitting business, while deadlocking on money laundering and sanctions charges. NLW unpacks the strange twists of the trial, the judge’s controversial rulings, and why t

President Trump is preparing an executive order targeting financial institutions over politically motivated debanking, but critics argue it's missing the real culprits—federal regulators. NLW dives into the legacy of Operation Chokepoint, what this new order aims to change, and whether it will prevent future abuses. Th

Washington is buzzing with crypto action. From the CFTC's new crypto sprint to Hester Peirce's bold stand for privacy, this episode dives into the shifting regulatory winds—and what they mean for the future of Bitcoin, markets, and crypto infrastructure. NLW covers ETF outflows, macro pressures, and why the AI economy

Today NLW unpacks a stunning escalation as President Trump fires the head of the Bureau of Labor Statistics after a weak jobs report. The move has shaken confidence in the independence of US economic institutions, with critics across the spectrum warning of authoritarian overreach. We look at what this means for the Fe