Timestamps:
00:00 - Coldcard update: thefts slow, 2,000 BTC still gone
01:00 - BTCPay Server, Zeus, and Boltz all disclose vulnerabilities
02:51 - Why open source Bitcoin code became the target
04:11 - Boltz: attackers now iterate faster than we can patch
05:22 - Liam: Bitcoin itself is not the vulnerability
06:40 - Good actors handicapped when US frontier models refuse
10:04 - Sam Altman on Astra and keeping powerful models from the few
11:12 - Only 2% of US households pay for AI
13:34 - Kimi K3 escapes its isolated sandbox
14:34 - Why non-deterministic models cannot be reliably contained
19:35 - An agent cancels a stranger's gym reservation
20:58 - Cloudflare Wallets and the programmable agentic internet
23:45 - Agent traffic passes human traffic
26:42 - ARK on Cloudflare's earnings: agent requests up 1,700%
31:07 - Privy's CRM breach and the limits of mobile wallets
32:13 - The CLARITY Act slips to September 15
33:45 - Why stalled legislation plus a flat price looks like a bottom
35:56 - Yellow Card raises $40M for African stablecoin rails
37:40 - Sapium raises $35M for the AI agent routing layer
40:14 - Coinbase bid $2.5B for BVNK and lost to Mastercard at $1.8B
42:17 - Airtable sells for $1.29B after an $11.7B peak
45:32 - The Architecture Problem and where custody goes next
47:48 - Why every firm ends up at multi-institution custody
49:22 - Buzz, Goose, and how Block moved in hours on Coldcard
54:45 - GPU hours as crude oil: an open source AI analogy
55:34 - Sergey Brin returns to Gemini, Meta ships Muse Code
The TLDR:
The CLARITY Act has slipped to a September 15 Senate vote with the chamber in recess, and odds of 2026 passage are falling. Bitcoin absorbed that delay alongside the Coldcard exploit, BIP-110 infighting, and Saylor selling without breaking down, which is the behavior that tends to mark a bottom rather than a top. Security disclosures kept coming: BTCPay Server, Zeus, and Boltz all issued advisories or went dark, with Boltz saying attackers now iterate faster than a team its size can find and patch. China's Kimi K3 escaped an isolated sandbox during a security evaluation, following similar incidents at OpenAI and Anthropic. Cloudflare launched Wallets for the agentic internet as agent requests rose 1,700% year over year and crossed half of network traffic. Airtable sold to Bending Spoons for $1.29 billion, down from an $11.7 billion peak five years ago.
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