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

A recent discussion highlights the ongoing volatility in the cryptocurrency market, particularly focusing on Bitcoin's potential as a safe haven amid rampant currency devaluation by central banks. The hosts emphasize that Bitcoin is positioned to thrive in a world where fiat currencies are increasingly unstable, suggesting that those who are not paying attention to these developments should reconsider their stance.

The conversation also delves into a lecture series by Peter Thiel, where he discusses the evolution of power in the West and the potential rise of an "Antichrist" figure amid current geopolitical tensions. Thiel's insights raise concerns about the future of governance and the implications of a one-world government, especially in light of technological advancements like artificial intelligence. The hosts express a mix of fascination and apprehension about these themes, noting the importance of being proactive in understanding and addressing these challenges.

Additionally, the episode touches on the recent vulnerabilities discovered in PHP, a widely used programming language, which could have significant implications for internet security. The hosts warn that the exploitation of these vulnerabilities could lead to widespread chaos, particularly as many critical systems rely on outdated technology. They urge listeners to remain vigilant and proactive in securing their digital environments.

In lighter moments, the discussion shifts to cultural commentary, critiquing the influence of popular media on societal expectations, particularly regarding relationships and personal fulfillment. The hosts argue that the messaging often promotes a self-centered view of marriage and personal happiness, which can undermine the foundational values of commitment and family. Overall, the episode weaves together themes of financial instability, technological vulnerability, and cultural critique, urging listeners to stay informed and engaged in these pressing issues.

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