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Thursday

2022 was the year crypto came crashing down to Earth

FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his first court appearance in New York. Federal prosecutors have charged him with criminal fraud. Michael M. Santiago/Getty Images hide caption

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Michael M. Santiago/Getty Images

Business

2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

2022 was the year crypto came crashing down to Earth

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Friday

Binance was once FTX's rival and possible savior. Now it's trying not to be its sequel

On Monday, FTX founder Sam Bankman-Fried was arrested by police in the Bahamas at the request of the U.S. government. Mario Duncanson/AFP via Getty Images hide caption

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Mario Duncanson/AFP via Getty Images

Business

Binance was once FTX's rival and possible savior. Now it's trying not to be its sequel

Binance temporarily froze withdrawals after customers withdrew more than $1 billion worth of crypto on Tuesday, fueling fears more crypto companies could collapse.

Binance was once FTX's rival and possible savior. Now it's trying not to be its sequel

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Monday

Crypto company BlockFi declares bankruptcy in the first big aftershock of FTX's fall

The BlockFi website on a laptop computer arranged in the Brooklyn borough of New York, US, on Nov. 17. BlockFi filed for bankruptcy on Nov 28, 2022. Bloomberg/Bloomberg via Getty Images hide caption

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Bloomberg/Bloomberg via Getty Images

Business

Crypto company BlockFi declares bankruptcy in the first big aftershock of FTX's fall

BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry.

Wednesday

5 major revelations about the collapse of crypto giant FTX

As FTX collapsed in early November, Samuel Bankman-Fried handed over control the cryptocurrency exchange he founded to John J. Ray III, a corporate turnaround specialist. Saul Loeb/AFP via Getty Images hide caption

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Saul Loeb/AFP via Getty Images

Business

5 major revelations about the collapse of crypto giant FTX

At the first hearing in FTX's bankruptcy proceedings, lawyers confirmed that millions of dollars are stolen or missing, and revealed stunning details about the downfall of the once-mighty exchange

5 major revelations about the collapse of crypto giant FTX

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Tuesday

Wringing its hands over FTX's collapse, Washington hopes to prevent more crypto pain

Sam Bankman-Fried, then FTX's CEO, appeared before the House Financial Services Committee in December 2021. Its chairwoman, Rep. Maxine Waters (D-CA), says she expects him to testify again soon. Alex Wong/Getty Images hide caption

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Alex Wong/Getty Images

Business

Wringing its hands over FTX's collapse, Washington hopes to prevent more crypto pain

Congress, which has been unable to pass comprehensive crypto legislation, is digging into what happened as regulators try to police the new, mysterious world of virtual currencies with old laws.

Wringing its hands over FTX's collapse, Washington hopes to prevent more crypto pain

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Tuesday

FTX made a cryptocurrency that brought in millions. Then it brought down the company

Sam Bankman-Fried, the now-former CEO of FTX, encouraged the cryptocurrency exchange's customers to buy its own cryptocurrency, called the FTX Token. Saul Loeb/AFP via Getty Images hide caption

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Saul Loeb/AFP via Getty Images

Business

FTX made a cryptocurrency that brought in millions. Then it brought down the company

The now-bankrupt cryptocurrency exchange FTX made real money off of its own digital currency, called FTT. That currency is practically worthless now, but investors continue to trade it.

Monday

The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world

Signage for the FTX Arena, where the Miami Heat basketball team plays, is visible Saturday in Miami. Sam Bankman-Fried received numerous plaudits as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world's first trillionaire. Now the comments about the 30-year-old aren't so kind. Marta Lavandier/AP hide caption

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Marta Lavandier/AP

Business

The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world

Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.

Friday

The midterm effect, and a crypto collapse
Alex Wong/Getty Images

The Indicator from Planet Money

The midterm effect, and a crypto collapse

Crypto? Not doing well right now. But stocks? With elections soon to be behind us, history says they should be on the rise. This week's indicators explain the story behind FTX's bankruptcy and why markets love midterms.

The midterm effect, and a crypto collapse

Listen · 9:29
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Monday

SEC charges Kim Kardashian for unlawfully touting crypto on her Instagram account

Kim Kardashian, who is charged with violating federal securities laws, has agreed to pay a $1 million fine to the S.E.C. Angela Weiss/AFP via Getty Images hide caption

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Angela Weiss/AFP via Getty Images

Business

SEC charges Kim Kardashian for unlawfully touting crypto on her Instagram account

The reality TV star hawked a crypto token on her Instagram account without telling her hundreds of millions of followers she'd been paid to do so.

SEC charges Kim Kardashian for unlawfully touting crypto on her Instagram account

Listen · 3:20
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Monday

The fake market in crypto
Sean Gallup/Getty Images

The Indicator from Planet Money

The fake market in crypto

According to a Forbes report, half of all Bitcoin trades are fake. Today, we unveil crypto's cryptic facade by diving deep into a classic concept: Wash trading.

The fake market in crypto

Listen · 9:03
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Friday

Poverty, heists, .eth: Coulda been worse
STEFANI REYNOLDS/AFP via Getty Images

The Indicator from Planet Money

Poverty, heists, .eth: Coulda been worse

Hands up! A bank heist with a toy gun exposes the chaos in Lebanon's financial system. That, plus declining child poverty rates, and Ethereum's "Merge" on indicators of the week.

Poverty, heists, .eth: Coulda been worse

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Wednesday

The Prudent Man Rule
CARL COURT/AFP via Getty Images

The Indicator from Planet Money

The Prudent Man Rule

Ever thought of spicing up your 401k with crypto? Well, we leave it up for the Prudent Man to decide. On today's episode, learn about how wonky pension regulations from the '70s opened a new era of riskier investments.

The Prudent Man Rule

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Tuesday

Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

At the beginning of the pandemic, Michelle Milkowski started investing in penny stocks. A few months later, she bought cryptocurrency for the first time. Kholood Eid for NPR hide caption

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Kholood Eid for NPR

Business

Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.

Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

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Wednesday

Job cuts are rolling in. Here's who is feeling the most pain so far
Ezra Bailey/Getty Images

Business

Job cuts are rolling in. Here's who is feeling the most pain so far

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

Job cuts are rolling in. Here's who is feeling the most pain so far

Listen · 3:38
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Sunday