Lock and key 🔐 — 1Password raises a huge round. The White House might crack down on big tech. The EU is worried about the carbon footprint of Bitcoin mining.

Show Notes: Toronto-based password manager 1Password raised US$620 million round, marking the largest round raised by a Canadian company. In another effort to rein in the US’ biggest tech companies, the White House is weighing support for the bipartisan American Innovation and Choice Online Act, a bill designed to stop big tech companies from stifling competition. Energy consumption around bitcoin mining is gaining more attention, with a top EU financial regulator calling for an outright ban on the main form of bitcoin mining.

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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.