Bitcoin
$27,318.21+2.35%
Ethereum
$1,845.26+1.23%
Binance Coin
$308.39+1.14%
XRP
$0.47251083+0.36%
Cardano
$0.37628300+3.46%
Dogecoin
$0.07249622+1.68%
Polygon
$0.92089961-0.09%
Solana
$20.51+4.33%
Tron
$0.07693380+0.82%
Polkadot
$5.39+1.22%
Litecoin
$89.40+1.67%
Binance USD
$0.99969353-0.06%
Shiba Inu
$0.00000872+1.94%
Avalanche
$14.52+1.03%
Wrapped Bitcoin
$27,219.45+1.81%
Uniswap
$5.05+0.89%
Chainlink
$6.52+1.83%
Cosmos
$10.62+0.87%
Monero
$154.46+2.28%
Ethereum Classic
$18.25+1.59%
Stellar
$0.08800200+0.13%
Bitcoin Cash
$114.22+1.09%
Internet Computer
$4.90-0.45%
Filecoin
$4.53+1.94%
Lido DAO
$1.99+0.44%
Aptos
$8.38+2.44%
Hedera
$0.05280139+1.33%
Crypto.com
$0.06065789+0.85%
Arbitrum
$1.19+2.13%
Quant
$103.38+2.63%
NEAR Protocol
$1.65+3.52%
VeChain
$0.02017928+3.69%
ApeCoin
$3.26+1.61%
Algorand
$0.15123637+0.92%
The Graph
$0.11934605+0.92%
The Sandbox
$0.55162751+6.21%
Paxos Dollar
$0.98075739-4.40%
EOS
$0.90130000+2.47%
Aave
$66.60+2.72%
Fantom
$0.33929593+2.86%
Elrond
$36.61+1.63%
Decentraland
$0.48083133+2.98%
Theta
$0.85740099+1.53%
Stacks
$0.61576103+1.94%
Tezos
$0.90890000+2.23%
Axie Infinity
$7.06+3.16%
Flow
$0.75641763+1.76%
Synthetix
$2.42+0.43%
NEO
$10.67+4.29%
Immutable X
$0.74587820+2.19%
Gala
$0.03069265+2.05%
Curve DAO Token
$0.85003422+0.50%
Bitcoin SV
$32.79+0.94%
Kava.io
$1.13-0.66%
BitTorrent
$0.00000061+3.51%
Maker
$636.38+1.08%
IOTA
$0.20320821+3.87%
Injective Protocol
$6.91+8.53%
Optimism
$1.61+0.77%
Chiliz
$0.10109079+0.94%
Mina
$0.57203931+2.27%
PAX Gold
$1,965.61+0.07%
Luna Classic
$0.00008712+0.44%
eCash
$0.00002523+1.84%
Dash
$42.83+1.90%
Trust Wallet Token
$1.11+1.40%
Flare
$0.02582320+1.24%
Zilliqa
$0.02338086+2.01%
Nexo
$0.66971773+0.52%
Woo Network
$0.22008390+1.87%
Loopring
$0.29103903+1.88%
Mask Network
$4.48+13.44%
Convex Finance
$4.47-1.66%
FLOKI
$0.00003459+7.90%
THORChain
$1.14+0.08%
Enjin
$0.33797193+2.03%
Basic Attention Token
$0.22345000+1.65%
dYdX
$2.05+1.31%
PancakeSwap
$1.56+0.98%
Baby Doge Coin
$0.00000000+9.56%
NEM
$0.03219168+1.84%
Holo
$0.00161275+0.83%
Qtum
$2.72+3.33%
Zcash
$33.16+2.25%
Ethereum Name Service
$10.60+1.57%
Fetch.ai
$0.25769801-0.01%
Oasis Network
$0.05272437+3.11%
Celo
$0.53086773+1.48%
Ravencoin
$0.02153151+3.90%
Illuvium
$48.18+1.69%
Audius
$0.24222349+1.26%
Decred
$16.69+1.72%
BLUR
$0.50712982-1.16%
Compound
$35.49+0.91%
Terra 2.0/LUNA
$0.86236661+0.90%
ICON
$0.24598194+2.80%
Kusama
$25.78+2.29%
Stepn
$0.26777537+1.04%
SXP
$0.40012356+2.37%
JasmyCoin
$0.00469158+0.60%
EthereumPoW
$2.04+0.55%
Yearn Finance
$6,589.57+2.08%
Bitcoin Gold
$12.39+0.39%
IoTeX
$0.02272353+2.13%
Ankr
$0.02592112+2.99%
Helium
$1.42+1.29%
Harmony
$0.01559403+1.24%
Braintrust
$0.76418985-1.03%
0x
$0.22277031+1.27%
Band Protocol
$1.44+1.44%
Wax
$0.05474598+1.17%
Moonbeam
$0.27979859+1.91%
Waves
$1.79-0.21%
Sushiswap
$0.86497636+3.47%
Siacoin
$0.00323605+2.76%
Gains Network
$5.02+2.37%
SafePal
$0.40776769+0.69%
Polymath Network
$0.16360000+5.52%
Amp
$0.00260851+1.15%
SPACE ID
$0.50854365+7.43%
Skale
$0.03214138+1.92%
UMA Protocol
$2.02+1.38%
Alchemy Pay
$0.02833873+0.81%
TerraUSD
$0.01416117-0.13%
Aragon
$3.44-0.01%
Livepeer
$4.86-1.60%
Stargate Finance
$0.66756465+1.92%
DigiByte
$0.00786352+1.45%
Cartesi
$0.17229282+1.00%
Joe
$0.35973059+1.05%
Lisk
$0.82777063+2.06%
Synapse
$0.61713304+1.58%
Nervos Network
$0.00347002+4.75%
iExec RLC
$1.60+1.17%
Ribbon Finance
$0.16158603+3.07%
Dogelon Mars
$0.00000020-1.59%
NuCypher
$0.08520484-0.00%
OMG Network
$0.78353623+4.23%
Kyber Network
$0.61899976+1.09%
Nano
$0.72945429+3.21%
Secret
$0.45228314+2.30%
MetisDAO
$21.81+1.54%
Numeraire
$15.06-1.76%
Celsius
$0.22095729-0.64%
Smooth Love Potion
$0.00218675+1.02%
MOBOX
$0.46678502+11.30%
Syscoin
$0.12325615+1.68%
Vulcan Forged PYR
$3.57-1.03%
Chromia
$0.14806170+1.78%
Dent
$0.00086791+3.16%
Steem
$0.18759223+1.68%
COTI
$0.06773093+0.56%
Ren
$0.07549356+2.90%
NKN
$0.11328093-1.03%
WINkLink
$0.00007373-0.10%
Civic
$0.08669710+1.25%
Keep Network
$0.12295455+0.53%
Spell Token
$0.00057684+0.86%
Bifrost
$0.05215048+0.07%
Request
$0.08482248+1.14%
Bancor
$0.41205349+0.38%
CEEK VR
$0.07033446+0.67%
SuperRare
$0.09448722+0.98%
Index Chain
$0.07822820+1.53%
WazirX
$0.12265140+1.76%
Sun Token
$0.00584887+0.18%
Augur
$6.46+0.21%
XYO Network
$0.00404497+2.17%
Reef
$0.00219984+0.64%
RACA
$0.00014805+0.95%
Stormx
$0.00432942+0.28%
LooksRare
$0.08677355-2.05%
Moonriver
$6.51+1.59%
Storj
$0.29938603+1.12%
Voyager Token
$0.14438525+0.62%
Raydium
$0.19706085+0.78%
Saitama
$0.00091238+0.28%
Orchid
$0.06690586+0.50%
GAS
$2.84+3.68%
Yield Guild Games
$0.19327681+1.37%
Kishu Inu
$0.0000000010.68%
Polkastarter
$0.34698342+0.34%
Verge
$0.00199978-0.40%
Adventure Gold
$0.41788377-0.54%
Alpaca Finance
$0.20196272+0.76%
Star Atlas DAO
$0.15504743-0.41%
Serum
$0.07441931+0.03%
CLV
$0.04744943+1.10%
Enzyme
$18.62+1.12%
Ampleforth Governance
$2.85+0.95%
Quickswap
$57.99-1.26%
Blue Zelle
$0.06410529+1.84%
Star Atlas
$0.00200248+1.14%
district0x
$0.02950000+9.26%
Samoyedcoin
$0.00500036+4.64%
Stafi
$0.34631704-0.94%
Harvest Finance
$27.70+1.67%
Rarible
$1.19+0.11%
Green Satoshi Token
$0.01477608+0.37%
Tokemak
$0.73952302-0.37%
Quantstamp
$0.01333087+1.37%
Mirror Protocol
$0.03893658+2.42%
SingularDTV
$0.000402100.00%
FTX Token
$1.01+0.28%
Pepe
$0.00000145-2.91%
Tether
$0.99989555-0.05%
USD Coin
$0.99967670-0.05%
Dai
$0.99937158-0.05%
PlayIconNav
Crypto Prices CoinDesk Market Index CoinDesk Market Index

This episode is sponsored by Nexo.io, Circle, Kraken and the Galaxy Brains Podcast.

Another day, another betrayal. On Friday, news broke that former FTX CEO Sam Bankman-Fried made three loans totaling $43 million to Michael McCaffrey, CEO of CoinDesk competitor The Block. Those loans went to buying out The Block’s investors, to expanding operations and (of course) to an apartment for McCaffrey in the Bahamas. On today’s episode, NLW looks at the latest betrayal.

See also: Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block and Its CEO

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is "Back To The End" by Strength To Last. Image credit: Juan Moyano/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Other Episodes