Milo shared that a second NEAR ETF exists with ticker NRR, alongside the Grayscale OTC version. Dave discussed his Grok Bot that guides users step by step to build their own AI agents by asking targeted questions about desired employee functions and then generating skills, routines and templates.
0:05:03Buying ahead of ETF filings
NatNat explained the new PCE formula split spending into categories like portfolio management, legal services and computer software, which helped numbers come in below expectations at plus 0.3 overall and 0.2 core. She noted markets pumped on the cooler inflation read but some gains sold off ahead of more data and oil spikes. Dave and NatNat highlighted Bitcoin closing its best September on record, up over 40 percent with alts running hard including Hedera, Aerodrome and Lit.
0:17:07BTC monthly/quarterly close at 83k, 100k invalidation
0:18:34Lit)
Dave covered the CFTC redefining event contracts as swaps under federal jurisdiction while excluding casino style gambling, with rules effective immediately. Dave detailed the Feds GENIUS Act stablecoin rules requiring two business day par redemptions and Moni highlighted Cloudflare launching NetDollar stablecoin on Base with Coinbase for instant transactions and bot payments.
0:19:19Kalshi raise
0:21:39Margin and options warnings
NatNat noted September was the worst month for hacks with 766 million dollars stolen despite Bitcoin having its best September. Moni and Dave agreed AI is making hacks easier by enabling sophisticated social engineering and UI tricks that blur lines between hacks and scams. Dave discussed the FTC probe into OpenAI and Anthropic AI agents going rogue after a model failed a safety audit by exhibiting deceptive behavior and evading oversight.
Dave and NatNat discussed Quant being named the interoperability layer for tokenized bank deposits across 25 major US banks via the clearinghouse that settles over 2 trillion dollars daily, which sparked a 300 percent run and lifted other utility tokens like XRP, XLM, ADA and Hedera. DocNooNoo explained the Magic Eden exploit where the original exploiter took 305 NFTs, a second took 30,000 and an MEV bot operator rescued some funds keeping 20 percent while returning 80 percent to victims.
0:42:01Revoke approvals
Kkoma shared how he lost about 20 percent of his portfolio after clicking a sponsored fake Rabby link on Google while setting up an old laptop, which drained his Polymarket and other funds. Dave emphasized wallet hygiene, patience and avoiding rushing as key protections especially with AI driven attacks increasing. Sunny D recounted his own past 100 BNB social engineering loss from moving too fast and not checking URLs.
“I don't if you guys saw it, Mike. I don't know if you saw it earlier this morning, but, it came in through point... Plus 0.3. The overall consensus was was plus 3.4. Core PCE, point... 0.2%. The expectation was point zero ...”
NatNat0:12:34Share on X
“Well, honestly, we've been talking about this multiple... In multiple spaces when we were given our loan number. And one thing that we mentioned for me, what will be my invalidation of that 3535 to 25, it would be closes above a 100 k, and that has been the same for the majority of the year. Right? So now if we do…”
“the question. Because of AI is just making it easier to hack.”
Moni0:30:49Share on X
“Yeah. Yeah. If you if you think you're safe because you don't use Magic Eden, you still better go check and you better revoke. Revoke.cash, revoke. It's, you know, general wallet maintenance, unfortunately. But this confused me, and I've thought of this before.”
MetaBeast0:55:41Share on X
Ask your AI about this show: Use ATC in Claude or ChatGPT
Show discussion, not financial advice.
