CoinDesk Podcast Network - BREAKDOWN: Bitcoin Rallies Defiantly as Senate Infrastructure Battle Hits a Snag

Crypto proves to be a formidable opponent as debate in the Senate continues.

This episode is sponsored by NYDIG.

Contention over the crypto provision in the infrastructure bill continues. Today on “The Breakdown,” NLW brings the latest, including:

  • Consensus mechanism confusion
  • A weekend stalemate 
  • The emergent power of the crypto industry


The amendment proposed by Sen. Rob Portman included an odd preference for proof-of-work over any other consensus mechanism. After significant pushback from the crypto community on this specific detail, the amendment was changed to cover all consensus mechanisms. But in a head-scratching turn of events, the amendment was updated once more to include proof-of-work and proof-of-stake, but no other mechanisms.

Sunday came with its own set of blockers, including a conflict around prioritization of the crypto provision versus other legislation that needs attention. Though the weekend brought little resolution, the debate continues and there is still time for a positive resolution. Will policymakers come to an agreement on one of the proposed amendments in time?

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NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.

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The Breakdown is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Only in Time” by Abloom. Image credit: Overearth/iStock/Getty Images Plus, modified by CoinDesk.



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Stuff They Don't Want You To Know - Strange News: Ancient Viruses Reemerge From Glaciers, QAnon and Crisis Actor Conspiracies

A disturbing study finds 33 ancient viruses have successfully reemerged from glaciers as rising temperatures accelerate a global meltdown -- prompting fears about what else might be lurking beneath the ice. A survivor of a mass shooting is at a loss as he attempts to convince his father the shooting actually occurred, and was not part of some deep state conspiracy. All this and more in this week's Strange News.

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CBS News Roundup - World News Roundup: 08/09

More kids head back to school today as COVID cases keep climbing. Cuomo accuser speaks out. A dire warning about climate change. CBS News Correspondent Steve Kathan has today's World News Roundup.

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Headlines From The Times - What does it take for a doctor to lose their license?

The Medical Board of California was established to protect patients by licensing doctors and investigating complaints when things go wrong.

But even when it accuses a doctor of causing patients to lose limbs, become paralyzed or die, the board often lets the doctor continue to practice. There’s no limit on the number of times the board can put a doctor on probation.

Today we speak with L.A. Times investigative reporter Jack Dolan. He, along with our colleague Kim Christensen, looked into how and why the medical board rarely takes away doctors’ licenses and has long pushed back against calls to toughen its approach. We’ll also hear from people who were operated on by California doctors who were on probation and woke up from their surgeries worse off than they were before.

More reading:

Botched surgeries and death: How the California Medical Board keeps negligent doctors in business

A doctor was charged in a billion-dollar fraud scheme. But his license remains active

Critics say physicians ‘cartel’ obstructing efforts to punish bad doctors

Finding information about your doctor isn’t always easy. Here are some ways to dig deeper

World Book Club - Crime and Punishment: Fyodor Dostoyevsky

To mark the bicentenary of the birth of the great Russian writer Fyodor Dostoyevsky World Book Club revisits Crime and Punishment in an edition recorded at the elegant Pushkin House, London’s Russian cultural hub, in 2016.

To help us explore Dostoyevsky’s haunting classic thriller Harriett Gilbert was joined by acclaimed Russian writer Boris Akunin and Russian scholar Dr Sarah Young.

Consumed by the idea of his own special destiny, Rashkolnikov is drawn to commit a terrible crime. In the aftermath, he is dogged by madness, guilt and a calculating detective, and a feverish cat-and-mouse game unfolds.

(Photo credit: Alexander Aksakov/Getty Images.)

The Intelligence from The Economist - Hot prospects: a sobering IPCC report

The UN climate body’s latest doorstopper report is unequivocal: climate change is human-caused, and already here—and 1.5°C of warming is looking ever harder to avoid. In Bolivia, debate still rages as to whether a 2019 election was rigged, or a coup; the people want pandemic relief, not paralysed politics. And investigating the received wisdom of the “difficult second novel”.

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You're Wrong About - Summer Book Club: “The Satan Seller” (The Debunking!)

This week we debunk Mike Warnke right out of his cabin and into the lake, using Cornerstone Magazine’s long overdue exposé as our guide. Digressions include "Star Trek," a classic New Yorker cover and Ariana Grande. We definitively conclude that the Bible endorses cancel culture.
This episode, we’re sorry to say, includes detailed descriptions of domestic abuse.

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