CoinDesk Podcast Network - BREAKDOWN: Tether’s Reserve Attestations – Commercial Paper Down, Treasurys Up

Will the attestations be enough to calm Tether’s critics?

This episode is sponsored by Nexo.io, NEAR and FTX US.  

Tether has released its Q1 reserve attestations. On today’s episode, NLW covers what many in the industry are seeing as positive shifts. He also looks at some recent regulatory news, including the SEC and CFTC increasing enforcement actions. 

-

Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get started now. 

-

NEAR is a blockchain for a world reimagined. Through simple, secure, and scalable technology, NEAR empowers millions to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future. Find out more at NEAR.org.

-

FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.

-

Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

-

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: wsmahar/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Stuff They Don't Want You To Know - Listener Mail: Why the Mob Hates Drought, Lucid Dreaming, and Time Travel

Multiple bodies surface as drought lowers Lake Mead to unprecedented levels -- and locals seem sure more will be uncovered. Uhura prompts a conversation about lucid dreaming techniques. Chance hips the gang to the strange story of Paul Amadeus Dienach. All this and more in this week's listener mail.

They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/

See omnystudio.com/listener for privacy information.

array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }

Headlines From The Times - Cryptocurrency’s addiction problem

The ups and downs of cryptocurrencies such as bitcoin can bring quick wealth — or quick bankruptcy. It's the hope for a huge payoff that keeps people hooked on these fluctuations, to the point where their attention turns to addiction. 

Today, in the wake of the crypto market's recent crash, we look at how obsessing over digital currency can affect people and their lives. 

Read the full transcript here.

CBS News Roundup - World News Roundup: 05/19

New federal action to ease the baby formula shortage. Growing economic anxiety as stocks tumble. Mental health for military women. CBS News Correspondent Steve Kathan has today's World News Roundup.

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices