Rabbit Hole Recap

ODELL and Marty Bent

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

1 hour 32 minutes Posted Oct 23, 2026 at 12:39 pm.

Bitcoin as the safe haven

Peter Thiel on the new Rome and the Antichrist

Bitcoin mining hardware innovation

Regulatory landscape and stablecoin policy

PHP vulnerability and cybersecurity reality

Psyops and societal manipulation

Economic decline and the AI trade

Quantum computing and Bitcoin security

Cultural critique and pop culture psyops

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Show notes

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/

bitcoin #cybersecurity #AI