00:11:40 · John Coogan, Tyler
[00:11:40] S1: Yeah. But if but if the market goes way up and then you get hacked, you haven't actually appreciated. So, yeah, it's a trade off. Interesting. So if 3,000,000,000 does make it to North Korea, that's like 5% of... Or almost 10% of their GDP. Their GDP in 2025 for all of North Korea was 26,600,000,000. So that's like pretty material to the country, which crazy to think about. High stakes in the in the modern cyber security era era. Tyler, did you see anything else... Any other interesting details about what happened with this hack, like technically or any other color that you wanna add? [00:12:19] S2: I I haven't seen anything specifically about like how it actually happened but I I do think it was interesting that like Bitcoin only went down like a few percent. Yeah. So in 2014 when Mt. Gox got hacked, I think in like the two weeks after Bitcoin price went down like, I think it was like 25, 27%. Yeah. Kinda surprising that it's it's really like, you know, yeah, it's like, you know, almost 4%. [00:12:41] S1: Yeah. It's only 4% of the past five days. That's like Surprising... That's better than SpaceX, better than Yeah. You know, Google for example. It's... Yeah. It's... That is interesting that there's so many people that are still holding. It kind of shows you that the median the median holder at this point is maybe more along self custody, maybe more along, know, less less worried about the the... What's going on with the centralized exchanges. What you got for me, Warren?
00:12:41 · John Coogan, Jordi Hays, Tyler
[00:12:41] S1: Yeah. It's only 4% of the past five days. That's like Surprising... That's better than SpaceX, better than Yeah. You know, Google for example. It's... Yeah. It's... That is interesting that there's so many people that are still holding. It kind of shows you that the median the median holder at this point is maybe more along self custody, maybe more along, know, less less worried about the the... What's going on with the centralized exchanges. What you got for me, Warren? [00:13:11] S0: Anyways, let's look at this response. Yeah. So Mert is saying he just wants one boring day. Yeah. All he's asking for. CZ said, Elon, I have a lot of respect for you but bad time to be a troll. He was commenting emojis back. Please stop. Our SpaceX shares are worth more than 1,000,000,000. Would appreciate if you show a little support. Thanks. I think that's a fair fair stance. [00:13:38] S1: Wait. Wait. Which one? I think the Elon reaction's a fair stance... He's not doing crying laughing. He's not doing... He's doing the... This is really rough. He's doing the... [00:13:47] S0: Yeah. [00:13:47] S1: I don't know. It didn't... This doesn't seem like him like totally grape dancing in [00:13:53] S0: this Yeah. [00:13:53] S1: Yeah. In this in this way. [00:13:55] S0: And then someone over at Binance says reporting to the major shareholder. Of course, talking about CZ. Our company's revenue for the year is sufficient to cover the losses. So we don't need to sell the SpaceX shares you are bullish on. [00:14:05] S2: So I
00:14:05 · Tyler, Jordi Hays, John Coogan
[00:14:05] S2: So I [00:14:06] S0: think Okay. Of course, I think CZ was making more of like a kind of [00:14:11] S1: Yeah. [00:14:11] S0: A bit more like a like a regret. [00:14:12] S1: That's what Mert called it. Full stack dump, his shares that helped him buy eggs. Mert goes on to say, Normies aren't aware yet, but we're actually living through the movie Terminator at the moment for cyber security without exaggeration. Just absolutely relentless revenge of the machines. Revenge of the... But North Korea's in charge of these machines in this case. Like this is not a rogue swarm. This is not an accident by... [00:14:38] S0: There are some pretty interesting people have been posting graphics Yeah. Of, like, all of the all of the the stolen funds, like, how they've been moving. Mhmm. And it looks like an insane spider web Yeah. Only a only like [00:14:50] S1: Only a machine could could understand. Yeah. I mean, employment for the chain analysis team and some of the other folks like the crypto fraud prevention groups. There's a bunch of these. [00:15:02] S0: Over in Intel land, Intel looks like it's trading like they just had a $6,000,000,000 Yeah.
00:15:02 · Jordi Hays, John Coogan
[00:15:02] S0: Over in Intel land, Intel looks like it's trading like they just had a $6,000,000,000 Yeah. [00:15:08] S1: Heist. Incredibly rough. They're down more than 22% now. Right? Or have they bounced back a little Where are they?... Down 30% today. 27% over the last five days. Still a $336,000,000,000 company, but totally round tripping. The the the big jump in Intel started about a year ago with the investment by the US government and a lot of a lot of optimism around hyperscalers starting to buy from Intel, use their fabs, jump all at the same time to, you know, get the fab off the ground. The stock is pretty close to where it was before all of that started. March '20... March twenty seventh of this year, it was $43 a share. Now it's $63 a share, but that's down from a high of a $140 a share. So it's down 50% since the peak. [00:16:00] S0: Nick Dorsey says, I actually can't believe how bad that Intel call was. I just finished listening to it. Lip-Bu sounded lost. Rough. I didn't even know what to think after that. That seems to be resonating. Even Jim Cramer says, yes, am disappointed in Intel actually furious. Mhmm. About it. [00:16:18] S1: Well, whether you're long, you're short, you're moving everything into fixed income, you're moving everything into Berkshire, whatever you're doing, do it on public. Invest across all asset classes, automate anything with AI agents, run trading strategies, risk management, money movements, and monitor markets with AI agents for investing on public. Yeah. Cramer's not happy. [00:16:38] S0: Yeah. No one's no one's happy.
00:16:38 · Jordi Hays, John Coogan, Tyler
[00:16:38] S0: Yeah. No one's no one's happy. [00:16:41] S1: Yeah. I saw some viral Instagram of someone being like... [00:16:44] S0: This is a company that people people want Intel to win. Totally. Like, it's this is it's it's losing money sucks but also we want Intel to be a great company. Yeah. And again, Lip Bu has his work cut out for him. [00:16:59] S1: He does. [00:16:59] S2: You laughing at me? [00:17:00] S1: I'm laughing at the way you look. It's ridiculous. [00:17:02] S0: You're laughing at the way I look. It's... [00:17:03] S1: It's scary. It's such a ridiculous thing to [00:17:07] S0: look at. You know, when I when [00:17:08] S1: it Cross the table. [00:17:09] S0: John and I were were facing each other this morning Yeah. And I was just having these visions of the future when we're eighties This [00:17:16] S1: old, yeah. [00:17:17] S0: Etcetera. Yeah. And we're still gonna be here. Yeah. We're still gonna be doing this. [00:17:20] S1: We're not leaving. [00:17:20] S0: We're not leaving. [00:17:21] S1: We're not leaving. [00:17:23] S0: Gonna retire on the mics.
00:17:23 · Jordi Hays, John Coogan
[00:17:23] S0: Gonna retire on the mics. [00:17:26] S1: Let me tell you about Figma. Agents meet the canvas. Your AI agents can now create and modify your Figma files with design system context. The Black October continues with Polymarket, but to a much smaller effect. The numbers are way, way smaller. I mean, three orders of magnitude instead of talking about 6,000,000,000, 3,000,000,000. I believe the amount of money that was stolen from Polymarket wallets was 3,000,000. So this is in Wired. Trading has resumed on Polymarket's flagship international platform already after a hack that drained money from wallets of some traders. Third party vendor based in The UK was breached, not the prediction market's website itself. Law enforcement in The UK have been notified of the incident. Trading was initially paused while the company investigated for several hours. That's got to be really disruptive because some people are like, this is resolving right now. I would have sold it. I would have sold in the next thirty minutes, but not in the two hours point. So I'm sure there's gonna be a lot of people that are upset. But still, seems like they got through it. 700 users appear to have been affected with approximately 2,700,000 stolen. So be safe out there if you're on one