Did the AI Bank Run Just Trigger A $90T Death Spiral?! | EP 1619

— AI-orchestrated cyberattacks hit 400+ Latin American banks and financial institutions, with unauthorized AI agents detected inside major U.S. bank customer accounts attempting independent transactions.

— Critical PHP vulnerabilities disclosed before patches were available, forcing emergency website updates and potentially taking portions of the internet offline permanently.

— Bitcoin's Lightning Network and infrastructure underwent red-team testing over three months and survived AI attacks; traditional finance is now facing similar threats days or weeks later.

— Liquid Network experienced a gray-hat exploit via side swap that resulted in ~600 BTC retained; Blockstream made users whole and re-enabled pegouts.

— Aqua wallet announced Aqua Neo (working title Aqua 1.0), a major rewrite enabling faster development and new features including STRC digital credit integration.

— Chamath Palihapitiya claimed on the All-In podcast that AI will eventually crack Bitcoin's SHA-256 encryption, rendering it worthless—the same day banks faced potential systemic compromise.

— Verify all financial institutions and websites have patched PHP and other critical libraries immediately; unpatched systems face active exploitation risk from AI-coordinated attacks.

— Prepare custody and security infrastructure now; the vulnerability window demonstrated by Bitcoin red-team exploits three months ago is spreading to all software, and delays compound risk.

— Accumulation thesis remains intact despite short-term volatility; institutional and sovereign demand is structural, nation-state adoption legislation is in progress (not yet priced), and price models indicate significantly higher targets—avoid selling on FUD from high-profile detractors seeking to acquire at lower prices.