Rabbit Hole Recap

ODELL and Marty Bent

Join ODELL and Marty as they sit down to discuss the latest news in Bitcoin every week.

  1. 1d ago

    The Cyber Pandemic Is Here: AI Found a Hole in the Code Running Most of the Web | Rabbit Hole Recap 425

    AI helped researchers find a hole in PHP, the code running most of the web. The details leaked, and Cloudflare saw exploit attempts hit the millions within a day. Marty Bent and Thomas Pacchia are live to ask whether the cyber pandemic is finally here, what Amazon's AI spending says about the slowdown, and why a water heater that mines bitcoin might be the most decentralized miner yet. On today's show: 🔁 Last week, revisited: the OCC drops its yield presumption in the final GENIUS rule, and Anthropic's prospectus lands after its revenue slowdown 🛡️ PHP2Shell: AI found a decade-old flaw, it leaked early, and 2026 has already produced 21.7% of every CVE ever published 🔥 Heatbit's Bitwater: a water heater element with 20 mining chips that screws into the tank you already have 🤖 Amazon's AI spending took it free cash flow negative, with GPUs sitting in warehouses waiting on power. Bitcoin miners lived this in 2021. 📊 SpaceX's AI revenue is real, Anthropic's $80.7B loss is mostly paper, and the real question is revenue quality 📉 Black Monday never showed up, but bond convexity and the diesel squeeze did 🔑 Your API key is a bearer instrument: OpenCode, LiteLLM, Railway and a security checklist for the weekend 🪪 Someone opened a Cash App in her name and she's the one facing prison 💼 Wall Street keeps building ways to own bitcoin without owning bitcoin: BlackRock's PBIT and MSCI's new rule ⚡️ Tokens get cheaper, compute gets scarcer, and miners sit on the power Drop your questions in the chat. We'll get to as many as we can. 📰 Read the newsletters behind this episode: AI Found the Bug. Then It Leaked: https://www.tftc.io/php2shell-ai-vulnerabilities-cve-surge/ No Hedge on Earth: https://www.tftc.io/ai-slowdown-amazon-gpus-warehouses-no-hedge-on-earth/ Real Revenue, Paper Losses: https://www.tftc.io/spacex-anthropic-ai-revenue-quality/ Black Monday Never Showed Up: https://www.tftc.io/ten31-timestamp-black-monday-ai-bonds-diesel/ 🔥 Heatbit Bitwater: https://heatbit.com/pages/bitwater Plug your AI agent into TFTC for free: https://www.tftc.io/ai Follow Marty: https://x.com/MartyBent Follow Thomas: https://x.com/tpacchia TFTC: https://tftc.io bitcoin #cybersecurity #AI

  2. Oct 17

    Bank of America Broke the Law for 7 Years. Samourai Devs Got Prison. | Rabbit Hole Recap 424

    Bank of America admitted it willfully broke the Bank Secrecy Act for seven years, paid $1.2 billion and nobody is going to jail. The Samourai Wallet devs wrote software that never touched a dime of anyone's money and they're sitting in federal prison. Marty Bent and Thomas Pacchia are live in New York to break down the two-tier justice system, the central bankers' bank admitting money runs on bailouts, and the rest of the week in bitcoin, AI and freedom tech. On today's show: ⚖️ Bank of America's $1.2B fine vs. Samourai and Roman Storm: FinCEN told SDNY Samourai wasn't a money transmitter. They charged them anyway. 🏦 The OCC's debanking report: banks cut off bitcoin businesses and used SAR secrecy to explain nothing 📜 The BIS says money needs "backstops that socialise the inherent fragility." Translation: bailouts. They also admit bitcoin removes trust in an issuer. 🔓 Ledger drain update: a confirmed hardware implant, $100M+ taken from 300+ wallets, and how to buy and verify a hardware wallet 🤖 If copying is free, what's left to own? AI clones of Word, Xbox embracing decompiles and a dead QuickBooks license ⚡️ DOE puts PJM's backup generators on standby in October, and why miners are the best load on the grid 📉 Measured in gold, the average Brit is poorer than in 1975 Drop your questions in the chat. We'll get to as many as we can. 📰 Read the newsletters behind this episode: Bank of America & Samourai: https://www.tftc.io/bank-of-america-fine-samourai-two-tier-justice The OCC debanking report: https://www.tftc.io/occ-debanking-report-megabanks-politics-digital-assets The BIS paper: https://www.tftc.io/bis-money-architecture-of-trust-bitcoin Ledger implant: https://www.tftc.io/ledger-cryptobilis-hardware-wallet-implant-authorized-reseller AI & intellectual property: https://www.tftc.io/intellectual-property-ai-copying-gunpowder-colt-bitcoin Follow Marty: https://x.com/MartyBent Follow Thomas: https://x.com/tpacchia TFTC: https://tftc.io bitcoin #BankofAmerica #Samourai

  3. Oct 9

    $86M Drained From Ledgers & Can AI Break Bitcoin's Crypto? | Rabbit Hole Recap #423

    Marty Bent and Thomas Pacchia go live to break down the week's biggest stories in bitcoin, tech and freedom. Tonight: 🔓 The Ledger reseller attack: an estimated $86M+ reportedly drained from wallets bought through CryptoBilis in Southeast Asia. What we know, what we don't, and how to verify your own setup. 🧠 Justin Drake says head to the "bunker": could AI find a way to break ECDSA before quantum computers do? We dig into the claim and what it means for bitcoin holders. 🎮 AI-modded Halo and how AI is changing gaming. https://x.com/MartyBent/status/2108380995258855451?s=20 https://x.com/Ledger_Support/status/2108551100613714002 https://x.com/notgrubles/status/2108549968210354591?s=20 https://x.com/MagicalTux/status/2108095743525625998?s=20 https://x.com/LindellYehuda/status/2107999859219587309?s=20 https://www.tftc.io/ecdsa-ai-bunker-mode-bitcoin-address-reuse https://x.com/ProjectLoupe/status/2108241511607591223?s=20 https://x.com/TFTC21/status/2108586520924012571?s=20 https://x.com/DarkHorseDRK/status/2107446689762267570?s=20 https://x.com/Yodertoter40/status/2107828091691122790?s=20 https://x.com/PubKey/status/2107240022437249075?s=20 https://x.com/CoinDesk/status/2108600970066186301?s=20 https://x.com/BitcoinatBlock/status/2108284480243044407?s=20 https://x.com/TFTC21/status/2108485767739621660?s=20 0:00 - Dashboard 2:56 - Ledger Reseller Supply Chain Attack 10:10 - AI Quantum FUD and ECDSA 20:33 - Project Loupe Hardens Bitcoin Core 24:05 - AI Hacks South Korean Banks 31:57 - Dark Horse Grid Expansion Deal 43:26 - Pub Key Events and BitLicense 49:37 - New York Fines the Amish 52:39 - Russian Plague Conspiracy 57:32 - US Government Bitcoin Movements 1:00:43 - Block's Bitcoin Ad Campaign 1:04:15 - AI Modded Halo Servers 1:10:24 - S&P 500 Concentration 1:15:21 - Pope Leo and Conscious AI Jump in the chat and ask questions live. Follow Marty: https://x.com/MartyBent Follow Thomas: https://x.com/tpacchia TFTC: https://tftc.io bitcoin #Ledger #selfcustody #AI #quantum

  4. Oct 3

    The Global Shift | Rabbit Hole Recap #422

    Rabbit Hole Recap

  5. Aug 3

    RABBIT HOLE RECAP #421: CATASTROPHIC COLDCARD BUG

    https://engineering.block.xyz/blog/predictable-rng-fallback-and-32-bit-reseed-in-coldcard-firmware https://insider.btcpp.dev/p/when-randombytes-runs-but-doesnt https://x.com/Rob1Ham/status/2083936334511538368

  6. Jul 31

    RABBIT HOLE RECAP #420: ACCELERATE

    Farside Correction Strike Launches Beneficiary Planning for Bitcoin Inheritance https://x.com/strike/status/2082560745498157548 CLARITY Act Protects Self-Custody Bitcoin from Abandoned Property Laws https://x.com/intangiblecoins/status/2081055716282953999 Vinteum Announces New Bitcoin Fellowship Cycle and Fellows https://x.com/vinteum_org/status/2080376273893728602 Jensen Huang's First X Post: NVIDIA Supports Open AI Models https://x.com/jensenhuang/status/2080643682408321103 Nigeria | Tinubu Establishes Virtual Asset Council Nigerian President Bola Tinubu signed an executive order establishing a coordinated framework for the regulation of digital assets. The new “Virtual Asset Council” will be chaired by the Central Bank of Nigeria, with the Nigerian Securities and Exchange Commission, Nigeria Revenue Service, and other financial and national security officials also involved. The Nigerian SEC will oversee virtual assets classified as securities, while the central bank will register payment, custody, settlement, and other non-security assets. FinancialFreedomReport.org Sparrow Wallet 2.5.3: ERA Hardware Wallet Support, XDG Directories, and PSBT Verification https://github.com/sparrowwallet/sparrow/releases/tag/2.5.3 Vexl v1.45.1: Performance Improvements and VCF Contact Backup https://github.com/vexl-it/vexl/releases/tag/v1.45.1_883 Amethyst v1.13.0: Napplet/nSite Browser Host, Cashu CLI Support, NIP-22 Comments, and Tor Onion-Location https://github.com/vitorpamplona/amethyst/releases/tag/v1.13.0 Blitz Wallet Android v0.7.14: Faster Payments, Transaction Filtering by Description, and Simplified UI https://github.com/BlitzWallet/BlitzWallet/releases/tag/Android-v0.7.14 India Forces GitHub to Remove Bitchat App https://x.com/callebtc/status/2080576044168339662 Bitchat Enables Offline Self-Transfer to Other Android Phones https://x.com/callebtc/status/2082106744788955310 Bitchat Coming to Smartwatches as Decentralized Mesh Walkie-Talkie https://x.com/callebtc/status/2082427446154997910 Bitle: Open-Source ESP32 Mesh Relay for Off-Grid Bitchat https://x.com/Alacritic_Super/status/2082055423109247402 Russia Charges Telegram Founder Pavel Durov with Facilitating Terrorism https://www.reuters.com/world/russias-fsb-charges-telegram-founder-durov-with-facilitating-terrorism-ifax-says-2026-07-29/ Colorado's New Restrictive Process for Buying Semi-Auto Firearms https://x.com/avaflanell_/status/2080706895787249842 3:33 - Blaze it 8:33 - Dashboard 9:48 - Corrections 14:03 - Strike inheritance 15:38 - CLARITY protects from Noah Doe 25:18 - Vinteum 28:13 - Jensen tweets 35:13 - Boosts 36:28 - HRF Story of the Week 38:43 - Software updates 55:43 - Durov flips off Moscow 57:48 - Colorado has fallen 1:01:33 - Geo time Shoutout to our sponsors: Strike https://strike.me/ Stakwork https://stakwork.ai/ Salt of the Earth https://drinksote.com/rhr Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/marty Newsletter https://tftc.io/martys-bent/ Podcast https://tftc.io/podcasts/ Follow Odell: Nostr https://primal.net/odell Newsletter https://discreetlog.com/ Podcast https://citadeldispatch.com/

  7. Jul 23

    RABBIT HOLE RECAP #419: FREEDOM IN THE DIGITAL AGE

    No Agenda Show Announces Passing of Beloved Host John C. Dvorak at Age 74 https://x.com/na_announce/status/2079952538040672302 Tether’s Three-Way Crypto Deal Falls Apart as Jack Mallers Steps Down from Twenty One Capital https://www.bloomberg.com/news/articles/2026-07-21/tether-s-three-way-crypto-deal-falls-apart-mallers-steps-down BitMEX Announces Shutdown of Exchange Operations Effective September 23, 2026 https://x.com/bitmex/status/2080201602456301580 Coinkite Opens Reservations for arca Personal Data Haven Hardware https://blog.coinkite.com/arca-reservations-are-open/ Strive Announces Bitcoin Stewardship Commitment Supporting Brink & Open-Source Development https://x.com/colemacro/status/2079907362979410395 Mike Schmidt Volunteers to Coordinate Bitcoin Security Consortium Backed by Strategy, BlackRock, Fidelity & Others https://x.com/bitschmidty/status/2080263159152091455 Galaxy Pledges Up to $5M in Grants for Bitcoin Post-Quantum Cryptography Development https://x.com/intangiblecoins/status/2079541359996719512 Startup Founders Urge Trump Not to Block Chinese Open-Weight AI Models https://www.politico.com/news/2026/07/22/startup-founders-urge-trump-not-to-shut-off-chinese-open-weight-ai-01008992 India | Central Bank Pushes Digital Asset Prohibition India’s central bank is again pursuing a digital asset policy “leaning toward prohibition,” according to new government documents examined by Reuters. The Reserve Bank of India wants banks and regulated financial institutions barred from holding, trading, or offering exposure to digital assets and stablecoins. Officials also warn that offshore exchanges and peer-to-peer platforms are difficult to track. The documents estimate that India has nearly 39 million digital asset investors holding roughly $2.1 billion in digital assets. FinancialFreedomReport.org Lightning Labs Launches Wavelength: Self-Custodial Bitcoin Payments Toolkit for Apps and AI Agents https://lightning.engineering/posts/2026-07-21-wavelength-launch/ Noah Wallet Update Integrates Bark 0.4.0 with Live Backups, Native UI & Easier Ark Features https://x.com/nitesh_btc/status/2080026943035187537 Bark Pay Launches: Self-Hosted Bitcoin Payments Solution Ready in Under 5 Minutes https://x.com/2ndpsy/status/2079932489921941716 BTCPay Server v2.4.1: BIP-329 Label Import, Editable Invoice Comments, and RTL Language Support https://github.com/btcpayserver/btcpayserver/releases/tag/v2.4.1 Tails 7.10: New GNOME Shutdown Procedure and Celluloid Video Player https://tails.net/news/version_7.10/ Wisp v1.2.0: Multi-Account Switcher, Transaction History Sheets, and Improved Zaps https://github.com/barrydeen/wisp/releases/tag/v1.2.0 Hermes Agent v2026.7.20 “Quicksilver”: Major Speedups, Smart Approvals, and Password Manager Integration https://github.com/NousResearch/hermes-agent/releases/tag/v2026.7.20 JoinMarket-NG 0.34.2: Fidelity Bond Fixes and Tumbler Improvements https://github.com/joinmarket-ng/joinmarket-ng/releases/tag/0.34.2 Wasabi Wallet v2.8.1: Taproot Receive by Default, New Loading Screen, and AppImage Support https://github.com/WalletWasabi/WalletWasabi/releases/tag/v2.8.1 Dana v0.8.1: Faster Startup, Sat/BTC Display Toggle, and Stability Fixes https://github.com/cygnet3/dana/releases/tag/v0.8.1 Block Buzz: Open-Source Hive Mind Communication Platform https://github.com/block/buzz US Prosecutes Cop City Protester for Using GrapheneOS to Wipe Phone https://www.theguardian.com/us-news/2026/jul/23/cop-city-protester-phone Court Rules CBP Can Manually Search Phones at Border With No Suspicion Required https://www.techtimes.com/articles/321338/20260723/cbp-can-rifle-through-your-phone-hand-border-no-suspicion-required.htm Trump Targets Brazil’s Pix Payments System While Dollar Stablecoins Dominate Local Crypto Volume https://www.coindesk.com/business/2026/07/18/trump-targets-brazil-s-payments-system-while-dollar-stablecoins-quietly-dominate-country-s-payments France Orders ISPs to Block Access to Polymarket https://www.reuters.com/technology/french-internet-service-providers-told-block-access-polymarket-2026-07-17/ 3:33 - Opening riff 5:53 - Dashboard 14:03 RIP John C. Dvorak 16:43 - Tether deal fails 23:38 - BitMEX shutdown 30:13 - ARCA 32:33 - Stewardship & Security Consortium 44:53 - Galaxy inb4 quantum 46:48 - Trump and Chinese AI 1:12:48 - HRF Story of the Week 1:14:33 - Boosts 1:19:03 - Software updates 1:39:43 - Graphene user prosecution 1:42:18 - Border patrol owns your phone 1:43:33 - Brazil payments 1:45:18 - France blocks Polymarket Shoutout to our sponsors: Strike https://strike.me/ Stakwork https://stakwork.ai/ Salt of the Earth https://drinksote.com/rhr Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/marty Newsletter https://tftc.io/martys-bent/ Podcast https://tftc.io/podcasts/ Follow Odell: Nostr https://primal.net/odell Newsletter https://discreetlog.com/ Podcast https://citadeldispatch.com/

  8. Jul 17

    RABBIT HOLE RECAP #418: BRAVE NEW WORLD

    https://rhr.tv/stream Court Sets Hearing for Bitcoin Policy Institute Intervention in Noah Doe Abandoned Coins Case https://x.com/intangiblecoins/status/2077864781894050294 Bitcoin Policy Institute Q2 2026 Quarterly Report: AI Influence Ops, CLARITY Protections, and Satoshi Scholars https://www.btcpolicy.org/articles/q2-2026-quarterly-report Bitcoin Battlefield: Live 3D Visualization Turning BTC Order Flow into a War https://bitcoin-battlefield.pages.dev/ AnchorWatch Launches Multi-Institution Custody with CoinCorner, BitGo, and Lloyd’s Insurance https://x.com/rob1ham/status/2077005052510662958 ZEUS Lightning Economics Report: The Bridge Between Bitcoin’s Two Identities https://zeusln.com/lightning-economics Left Debanks Right, Right Debanks Left https://x.com/ODELLXYZ/status/2077916269991383426 Burma | More Than 100 Bank Accounts Frozen The military junta in Burma froze the bank accounts of more than 100 companies, including firms involved in car imports, fuel, agriculture, gemstones, and import-export companies. Business owners and individuals were also summoned for questioning to Nay Pyi Taw, the capital, where the military junta is headquartered. FinancialFreedomReport.org Cove Wallet v1.3.0: Passkey Cloud Backup, Progressive Scanner, and Onboarding Improvements https://github.com/bitcoinppl/cove/releases/tag/v1.3.0 JoinMarket-NG 0.34.0: Fee Quantization Defaults, Automatic CoinJoin History Import, and Security Hardening https://github.com/joinmarket-ng/joinmarket-ng/releases/tag/0.34.0 OpenClaw v2026.7.1: Major Control UI Overhaul, Onboarding, and Expanded Model Support https://github.com/openclaw/openclaw/releases/tag/v2026.7.1 Nunchuk Android 2.7.1: Self-Custodial USDT on Liquid and Trezor Bluetooth Support https://github.com/nunchuk-io/nunchuk-android/releases/tag/android.2.7.1 Ashigaru 1.1.1 https://github.com/linkinparkrulz/ashigaru-desktop/releases/tag/v1.1.1 Truth Social to Sell Faster Access to Trump’s Market-Moving Posts via Truth API https://www.washingtonpost.com/politics/2026/07/16/truth-social-will-sell-investors-faster-access-trumps-market-moving-posts/ White House Teleprompter Operator Made Over $100K Betting on Trump’s Speeches https://abcnews.com/US/white-house-teleprompter-operator-made-100k-betting-trumps/story?id=134764573 29 Countries Sign Agreement to Establish World AI Cooperation Organization https://www.reuters.com/world/china/twenty-nine-countries-sign-agreement-establish-global-ai-cooperation-body-2026-07-16/ Federal Reserve Announces Leadership of Five Task Forces to Advance Monetary Policy https://www.federalreserve.gov/newsevents/pressreleases/monetary20260709a.htm AI 2040: Plan A – Delay Superintelligence Until 2040 with Full Research Transparency https://ai-2040.com/ DoorDash Opens CLI for AI Agents to Order Food Directly https://x.com/andyfang/status/2077516962515599799 .ME Registry Temporarily Suspends telegram.org Domain Over Sanctions, Then Restores It https://x.com/domainme/status/2077077395777994942 3:33 - The show must go on 11:03 - Dashboard and air filters 16:08 - Noah Doe 20:43 - BPI quarterly report 37:03 - Bitcoin battlefield 38:43 - AnchorWatch 42:13 - LN economics 56:28 - HRF Story of the Week 1:01:43 - Software updates 1:08:23 - Trump insider trading 1:13:33 - Fed task forces 1:14:53 - AI 2040 1:15:53 - DoorDash CLI 1:18:08 - Telegram .ME suspension Shoutout to our sponsors: Strike https://strike.me/ Stakwork https://stakwork.ai/ Salt of the Earth https://drinksote.com/rhr Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/marty Newsletter https://tftc.io/martys-bent/ Podcast https://tftc.io/podcasts/ Follow Odell: Nostr https://primal.net/odell Newsletter https://discreetlog.com/ Podcast https://citadeldispatch.com/

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4.8
out of 5
124 Ratings

About

Join ODELL and Marty as they sit down to discuss the latest news in Bitcoin every week.

Information

  • Creator
    ODELL and Marty Bent
  • Years Active
    2022 - 2026
  • Episodes
    421
  • Rating
    Explicit
  • Show Website
    Rabbit Hole Recap

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