Riot platforms' upgrades, deep fake threats, and fostering crypto-policy collaboration
This episode covers Riot Platforms' production decline, infrastructure upgrades, and future profitability strategies, including a buyout proposal for Bit Farms. We also explore the threat of deep fakes in crypto, AI-generated fraud, and deep fake detection partnerships. Regulatory insights and fostering industry-policy collaboration wrap up the discussion.
Key Points
- Riot Platforms is expanding its Bitcoin mining operations with a new facility in Corsicana, Texas, aiming to significantly boost its hash rate capacity by 2025.
- The rise of deep fakes in the cryptocurrency sector has led exchanges like Bitjet to partner with advanced security providers to protect users from fraud.
- The implementation of the Financial Action Task Force's travel rule in the crypto industry faces challenges due to privacy risks, inconsistent regulations across jurisdictions, and the need for standardized data sharing practices.
Chapters
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1:02 | |
1:53 | |
2:54 | |
6:31 | |
7:38 | |
8:30 | |
12:01 | |
14:17 | |
19:02 |
Transcript
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