COINDESK DAILY: Kraken Considers Nuclear Energy for Data Centers; Biden's Odds of Dropping Out Jump on PolyMarket
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 3 July 2024
⏱️ 2 minutes
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Summary
Host Jennifer Sanasie breaks down the news in the crypto industry from Kraken seeking nuclear energy for data centers to Biden's increasing odds of dropping out on Polymarket.
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"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto exchange Kraken considers using nuclear energy as a power source for its data centers. Plus, Nigeria's money laundering trial against Binance and two executives was adjourned until July 5. And, the odds that President Biden drops out of the race for the White House hit an all-time high of 60% on Polymarket.
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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.
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Transcript
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| 0:00.0 | Krakhan is considering using nuclear energy as a power source for its data centers. |
| 0:06.0 | That's according to the company's chief technical officer Vishnu Patankar. |
| 0:10.0 | Amid an expected boom in defy and increased demand for its services. |
| 0:14.0 | The crypto exchange is looking to partner with energy providers that can supply small modular reactors. |
| 0:19.0 | Krakhan has set its eyes on nuclear power options in North America and Europe, |
| 0:23.1 | and they are not the only ones on the chase. |
| 0:26.0 | The Wall Street Journal reported Tuesday that the trend is increasingly apparent |
| 0:29.0 | with firms including Amazon Web Services seeking to lock in contracts with nuclear plants |
| 0:33.8 | to power data centers. |
| 0:36.3 | And Nigeria's money laundering trial against Binance and |
| 0:38.8 | two executives was adjourned until July 5th. This comes after the cross-examination on Monday of |
| 0:44.0 | the first witness from the country's securities and exchange commission. However, a spokesperson for |
| 0:48.8 | Tigran Gambarian's family stated that the detained executives' health continues to deteriorate and Gambaryon is |
| 0:55.4 | suffering from double pneumonia and malaria. Despite several court orders, the prison where Tigran |
| 1:00.7 | Gambarian is being held has not released the medical records from his only visit to the hospital, |
| 1:05.9 | which took place a month ago. Will President Biden continue his campaign? Betters on Polly Market don't think so. |
| 1:13.2 | The chance that President Biden drops out of the race for the White House hit an all-time high of |
| 1:17.4 | 60% on the prediction market platform. This comes after the Washington Post reported that former |
| 1:22.4 | President Barack Obama expressed concerns about the Biden campaign and debate performance. |
| 1:27.9 | More than $211 million has been bet on the general presidential election contract on |
| 1:33.1 | Polymarket, while nearly $10 million has been bet on Biden dropping out. |
| 1:38.0 | That's it for CoinDesk Daily. |
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