Bunker Mode

Webull (BULL), a sort of Robinhood competitor with 28 million users and $4 billion market cap, crashed more than 20% yesterday after a bipartisan US Congressional committee branded it a national security risk. According to the US House of Representatives’ Select Committee on China, “a profound gap” exists between Webull’s marketing as “an American company” and who actually funds and influences it. Read more →

Bitwise’s new NEAR explainer breaks down a blockchain trying to make moving money between crypto networks easier – and give AI agents a way to transact privately. Its investment case spans growing cross-chain activity, token buybacks funded by fees and potential demand from AI applications. With NEAR is up 111% in the past 30 days alone, it’s a timely introduction. But just keep the authors interest in mind… Bitwise launched their NEAR ETF just last week. Read more →

Ethereum researcher Justin Drake is urging the industry to prepare for “bunker mode,” arguing that AI-driven mathematical breakthroughs could threaten crypto’s security before quantum computers do. His warning follows OpenAI’s release of hundreds of AI-generated math papers. Drake favors a controlled move to fresh addresses with unexposed public keys, but Vitalik Buterin and Ledger’s CTO caution that rushed transfers could cause more immediate losses. Take the threat seriously, Vitalik says, but don’t scramble to move funds, adding, “I personally have lost more money in botched migrations than I have lost in all hacks combined.” Read more →

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