BREAKDOWN: Crypto's Liminal Phase

The NBA enters prediction markets. The NBA signed a data-sharing deal with the CFTC and named Kalshi and Polymarket as preferred exchanges, formally stepping into prediction markets. The move puts the league at odds with the NFL, which has sided with states fighting to regulate t ...  Show more

SpaceX raised $40B to buy GPUs. Elon Musk's SpaceX raised $40 billion in debt to buy GPUs, but he warned that debt markets have almost entirely cut off financing for companies without revenue independent of AI data centers. He predicts most of the 200-plus "neoclouds" will not su ...  Show more

This episode is sponsored by Nexo.io, Arculus and FTX US.    Today on “The Breakdown,” NLW looks at the latest institutional moves into crypto, including an over-the-counter (OTC) transaction between Goldman Sachs (GS) and Galaxy (the first of its kind with a major U.S. bank), ...  Show more

This episode is sponsored by Nexo.io, Arculus and FTX US.    On this edition of “Long Reads Sunday,” NLW reads:   On the EU Giving Up - Punk6529  Crypto Should Disrupt Current Anti-Money Laundering Practices, Not Adopt Them - Boaz Sobrado  - From cash to crypto in no t ...  Show more

This episode is sponsored by Nexo.io, Arculus and FTX US.    On today’s episode, NLW looks at the latest Financial Stability report from the International Monetary Fund. The report looks at how the war in Ukraine is impacting financial stability. NLW argues that it sends mixe ...  Show more