Episode 453
📍 An explosion in Malaysia has uncovered an illegal Bitcoin mining setup, revealing a growing problem with crypto-related power theft in the country.
📍 New York State Senator James Sanders Jr. has introduced a bill to establish a crypto task force, aiming to assess the impact of cryptocurrency on state revenue, the environment, and market transparency.
📍 Adam Back, founder of Blockstream, is actively opposing Central Bank Digital Currencies (CBDCs), seeing them as a threat to individual freedom and a tool for state control.
📍 Bitcoin miner Riot Platforms has appointed new board members to push its AI pivot, as the company explores opportunities in artificial intelligence and high-performance computing to diversify its revenue streams.
📍 The recent developments highlight the ongoing evolution of the cryptocurrency landscape, with ongoing debates around regulation, innovation, and the role of government in the industry.
