The cult of crypto: How $2 trillion went up i...

The Thirlwall Inquiry into how Lucy Letby was able to murder babies at the Countess of Chester hospital has released a damning report. It found the hospital could have prevented at least three of the murders, if not for evidence of a pernicious “them and us” culture and a lack of ...  Show more

The Iranian-backed Houthis have seized large swathes of territory in Yemen and taken control of the Bab al-Mandeb strait, a key shipping corridor between Asia and Europe. About 12 percent of global trade passes through the strait, including huge amounts of oil, so the move has se ...  Show more

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 promis ...

Last week, we spoke to the author Michael Lewis, who was embedded with Sam Bankman-Fried, as FTX, the crypto-trading empire he built, came crashing down amid allegations of fraud, which Mr Bankman-Fried denies. Mr Lewis credits Changpeng Zhao - the boss of Binance, a rival exc ...

The FT podcast “Behind the Money” digs into whether the tide has really turned in cryptocurrencies, and whether crypto fans will have to deal with this new “vibe” for the long haul. 

Mentioned in this podcast:

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Behind the Money is back! Our first episode is part 1 of 2 in a miniseries on crypto. First up, we're wondering: is a crypto vibe shift underway? Bitcoin’s price has been dropping for weeks and earlier this month, a popular stablecoin collapsed. FT reporter Ethan Wu explains h ...