Daily News on Bitcoin • Read Our Latest Article 📖 https://xitter.cf/t.co/6qXRYNRbT9 • Live on X and YouTube every Wednesday @ 11 EST
NYC
Joined January 2015
- Tweets90.4K
- Following753
- Followers265K
- Likes42.3K
Pinned Tweet
Jamie Dimon Called Bitcoin A Fraud. Now His Bank Just Embraced It xitter.cf/i/broadcasts/1qJVmyYno…
NEW: JPMorgan Asset Management puts bitcoin at the top of its 10 to 15 year return forecasts.
It is the first time bitcoin has appeared in the bank's Long-Term Capital Market Assumptions, a report now in its 31st edition that institutional allocators build their models around.
JPMorgan projects 10% a year for bitcoin, ahead of REITs at 8.2%, U.S. large caps at 7.5% and gold at 5.5%.
The catch: it assumes 55% annualized volatility, so holders earn that return the hard way.
NEW: Louisiana's state employee pension fund keeps adding Strategy.
LASERS bought 1,700 MSTR shares in Q3, its third straight quarter of buying, for 23,000 shares worth $3.52 million on Sept. 30, per its 13F.
The stake was worth $1.85 million at the end of June, and most of that jump came from the share price, not new buying.
It is still under 0.02% of a portfolio above $20 billion.
Small, but it shows the path public pensions are taking to bitcoin: a listed stock, with no keys to custody.
It appears we’re in the midst of a cyber pandemic.
This is the most serious 48 hours in cybersecurity history.
"Black October" they're calling it
It seems every *hour* there's a new incident, that in a typical year, would be one of the biggest incidents of the *entire year*
SUMMARY OF THE LAST 48 HOURS:
YEAR-LEVEL INCIDENTS (In a typical year, these would be among the biggest incidents of the year):
1. PHP2Shell: a hole in the software behind ~70% of websites. Governments took sites offline.
2. eMudhra: the master keys that prove websites are real were cracked. One was the number 4.
3. California: data on every public school student since 2023 stolen, including disability status
4. Railway: hackers stole customers' secret keys from a hosting platform used by millions of developers
5. Zeabur: 321,810 accounts breached. The company is shutting down.
6. LiteLLM: an AI tool downloaded 3.4 million times a day was poisoned with a password stealer
7. GitLab: a 10-out-of-10 severity hole in every version since 2014
8. Cairn: criminals used an AI hacking tool to break into 100+ companies
9. Ahold Delhaize: hackers knocked the owner of Food Lion and Stop & Shop offline
10. Onamae: malware planted on up to 26,739 customer servers in Japan
MONTH-LEVEL INCIDENTS (In a typical month, these would be among the biggest incidents):
11. Signal: a bug could leave your mic and camera on after you hang up
12. NGINX: 3 critical holes in software running ~1/3 of websites
13. HTTP/3: a single connection can crash 7 of the 10 web server types tested
14. Plex: hackers breaking into home media servers
15. SafePay ransomware: FBI warns it has hit 600+ critical infrastructure organizations
16. Palo Alto: ransomware gangs breaking in through company firewalls
17. Bullhorn: platform used by 10,000+ companies knocked offline
18. Medi-Cal: 970,000 patients' data stolen
19. WordPress: hackers stole a plugin maker's keys and used them to plant backdoors on websites
20. AOMEI: backup software's update server handed out a backdoor
21. Meta Muse: Meta's AI agent exposed users' personal and business secrets
22. Tor: 333 relays hijacked to steal logins
23. TiDB Cloud: database company's cloud breached
Also serious:
24. State Bank of India: India's biggest bank confirms a data breach
25. OVHcloud: hackers slipped a password stealer into a cloud company's official tool
26. Siemens: a software hole being used to spread malware
27. North Korea: state hackers launch a new attack campaign on South Korea
CLASS ACTION LAWSUIT REPORTEDLY FILED AGAINST COLDCARD MAKER COINKITE AND CEO RODOLFO NOVAK IN CANADA
Ontario court records show Amir Reza Naderi as the plaintiff in a civil lawsuit naming Coinkite Inc. and Rodolfo Novak as defendants.
The case, filed in Toronto’s Superior Court of Justice, is classified as an economic injury claim.
Case No. CV-26-00018158-0000.
CHAMATH SAYS BITCOIN WILL EVENTUALLY BE HACKED AND GO TO ZERO
Speaking on the Moonshots podcast, billionaire investor Chamath Palihapitiya warned that advances in AI could eventually break Bitcoin’s cryptography.
He argues that the community is too divided to coordinate a transition to quantum-resistant security.
“I just think it’s capped, and then I think eventually it gets hacked, and then it goes to zero.”
FUSION STARTUP CLAIMS TO HAVE TURNED MERCURY INTO GOLD, SHATTERED SOVIET NUCLEAR RECORD
Marathon Fusions says it produced stable gold from mercury at 10 times CERN’s previous record, then broke a 40-year Soviet isotope enrichment record using a plasma centrifuge.
Are getting closer to making substantial amounts of gold in a lab?
Bitcoin: Helping ordinary people escape the perils of the K-Shaped economy since the GFC
The forever K is here...
1. Food banks have record demand. Michelin tables have never been harder to book.
2. Robotaxis and AI made chauffeurs and assistants almost free. So status moved to what software can't make: a $180M Van Gogh hits Sotheby's next month.
3. Ten stocks are 40% of the S&P 500. The other 490 are along for the ride.
4. Homes under $1M are a buyer's market. Over $5M, it's a seller's market.
5. Delta now makes more from the front of the plane than the back.
6. Spirit is dead. Private jet flights just hit an all-time high.
7. Hotels are either Motel 6 or the Four Seasons. Marriott is the new Motel 6.
8. Subprime auto delinquencies are at a record. Porsche wants to be Ferrari.
9. Applebee's is running ads saying it's cheaper than McDonald's.
10. Chipotle gave up on everyone under $100K and kept the $20 burrito crowd.
Bitcoin News is a proud media partner of @btckoreaconf
Don't miss the third edition going down in a couple of weeks!
The global energy crisis is far from over.
Unsurprisingly, inflation is surging as a result.
What is surprising, however, is how Bitcoin is reacting to it all.
@JoeConsorti breaks it down.
Full interview below.
BTCPAY SERVER RELEASES URGENT WOOCOMMERCE UPDATE FOLLOWING CRITICAL PHP VULNERABILITY DISCLOSURES
BTCPay Server has updated its optional WooCommerce/WordPress deployment through its Docker installer in response to recently disclosed critical PHP vulnerabilities.
Users running WooCommerce through BTCPay Server are urged to update immediately.
The fix can be applied directly by clicking “Update” within BTCPay Server.
🚨🚨@BTCPayServer has updated its available opt-in woocommerce/wordpress deployment on its docker installer following the critical PHP vulnerability diosclosures.
UPDATE IMMEDIATELY IF YOU ARE USING WOOCOMMERCE DEPLOYED THROUGH BTCPAYSERVER.
SIMPLY PRESS UPDATE INSIDE YOUR BTCPAYSERVER.
Kudos to @ndeet for the quick shipping here.
Bitcoin News interviews are brought to you by @RhinoBitcoin.
Do you actually own Bitcoin, or just exposure to its price?
Rhino’s new research report explores why that distinction matters, featuring exclusive interviews with Lyn Alden, Bitwise’s Ryan Rasmussen, and Ric Edelman.
Get your FREE copy 👇
report.rhinobitcoin.com/?utm…
ST. LOUIS FEDERAL RESERVE WEBSITE DOWN AMID REPORTS OF CRITICAL PHP VULNERABILITY
The Federal Reserve Bank of St. Louis’s economic research website, which hosts the widely used FRED economic database, is currently displaying a maintenance notice.
The outage comes amid reports of a PHP security vulnerability, although the Fed has not confirmed whether the two are connected.
🇬🇧 STANDARD CHARTERED SIGNS DEAL TO BUY 100% OF CRYPTO CUSTODIAN ZODIA CUSTODY
Standard Chartered has signed definitive agreements to acquire Zodia Custody, subject to regulatory approvals.
Zodia's custody business will move into the bank's Securities Services unit.
This move puts bitcoin custody for institutional clients inside a global bank's core securities business rather than a separate venture.
Jamie Dimon Called Bitcoin A Fraud. Now His Bank Just Embraced It xitter.cf/i/broadcasts/1qJVmyYno…
🔴 LIVE AT 11AM ET
For years, Jamie Dimon called BTC a fraud.
This week, his own bank told clients Bitcoin will beat the stock market for the next decade.
Join @BackslashBTC, @philrosenn and @Andre_Dragosch as we break it all down.
Set notifications: youtube.com/live/G4ani2vq2cA
