Oct 29: AI Finds Bitcoin Security Flaws
Show notes
Bitcoin holds near $80,000 after the Federal Reserve leaves interest rates unchanged, with U.S. spot Bitcoin ETFs reportedly attracting $424 million in inflows this week while Ethereum funds continue losing money. Matt discusses the growing bearish commentary from Chamath Palihapitiya and Jason Calacanis, including Jason's $57,000 Bitcoin prediction and a proposed $1 million wager from Grant Cardone. Crypto traders are also organizing a boycott of Pump.fun amid complaints about unfulfilled airdrop expectations and controversies surrounding the memecoin platform.
Today's security coverage includes three Bitcoin Core vulnerabilities reportedly discovered with AI assistance, new updates for Ethereum clients Teku and Besu, and Google Cloud's work on multi-party computation to protect cryptocurrency private keys. Matt also examines DTCC's blockchain tokenization initiative involving a potential $30 trillion securities market and Utah's criminal charges against Kalshi executives, raising questions about whether prediction markets should be regulated as gambling. The episode closes with Bitcoin's key support levels, ETF flows, and the latest cryptocurrency prices.
Happy HODLing
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