Pavel Durov reveals that Telegram was briefly removed from the App Store last night after a takedown extortionist planted AI-modified illegal content by editing an old message in a public group chat, effectively hiding it from members so they couldn't report it. The extortionist then reported it directly to Apple to trigger the removal. Durov warns that "Apple removed Telegram from the App Store before contacting us. This creates a potential systemic risk for every mobile app that hosts user-generated content. If an app used by more than a billion people can be removed from the App Store without prior warning, any app can be."

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SpaceX just announced a partnership with Nvidia to build its Starmind AI-1 satellite payload, putting data center-class compute into orbit. Each Starmind satellite will run Nvidia's latest Rubin GPUs and Vera CPUs, pushing SpaceX's peak satellite computing capacity to 250 kW. We're no longer just talking about putting AI in the cloud. We're literally putting it in space. The race for compute has gotten so intense that companies are now looking beyond Earth's surface to find capacity. SpaceX already has the largest satellite constellation in history with Starlink, now they're turning that infrastructure into an orbital compute network.

Coinkite published a new update on the ColdCard vulnerability. They say the bug "lived at a boundary between two unrelated submodules, not in the parent code, and not in the cryptographic or Bitcoin-specific logic that are the subject of most internal and third-party reviews." They ran AI-assisted review against their codebase in the weeks before the exploit and it didn't catch it. They've since tested frontier models including Kimi K3, Claude, and Codex 5.6, none of them caught it either. Coinkite is now warning other bitcoin projects: "If your team relies on AI review of security-critical code, we recommend you test it specifically against build and submodule boundaries."

Former CFTC Commissioner Summer Mersinger on the CLARITY Act: "I think we're getting there on ethics. We seem to be on the 10 yard-line here. The right players are working on it...I think we're headed in a direction we're gonna get a good vote on this bill"

Chris Guida (cguida6) has rebased Luke Dashjr's 2017 proof-of-work change hard fork code onto a recent version of Bitcoin Knots, arguing it should be kept ready in case miners refuse to signal for BIP-110. "I think we should have this in our back pocket in case miners decide to collude to betray bitcoin."

Gavin Baker says GPU prices are going vertical. "They rented the exact same cluster, exact same size, essentially identical in every way, and they're hoping seven months later to pay just under $4," up from $2.

Gavin Baker went to Silicon Valley to pressure test the bear case. "My mission out here this week was to look for negative data points as hard as I could. I haven't been able to find one that is like a quantitative metric."

Top AI investor, Gavin Baker, says GPU prices are going vertical. "They rented the exact same cluster, exact same size, essentially identical in every way, and they're hoping seven months later to pay just under $4," up from $2.

Sen. Jon Husted urges Senate to pass the bipartisan Clarity Act before August recess: “We have a bi-partisan bill, we are ready to go.” “It’s time for America to lead.”

American HODL received a phishing email urging him to download a fake "ColdCard Desktop" app. Scammers are exploiting the panic around the ColdCard vulnerability to trick people into downloading malware. As he points out, there is no ColdCard desktop app and there never has been. Stay vigilant.

Boltz is shutting down swaps until further notice. They've been hit by multiple AI-assisted exploits and say attackers are now iterating faster than their team can patch. No user funds lost.

"India was selling diesel to South Africa. Someone in Singapore bought it. China panicked and redirected it. On the way, Japan took it. Two weeks later, still in the ocean." - Anas Alhajji

"Germany has all the choices from around the world, but they chose this one because it had the lowest CO2 per unit. It's cheaper, it's better, you're getting it anyway. Why do you have to play like this?" Anas Alhajji on Europe's self-inflicted energy crisis.

Lots of people asking how Bitkey handles entropy after the Coldcard situation. Their security team dropped a full technical breakdown with citations. If you're shopping for a hardware wallet right now, this is worth your time.

If your bitcoin was stolen in the Coldcard exploit, (deconflict_) put together a step-by-step guide on how to collect evidence and report it to the proper authorities. Don't assume your case is too small or too late.

"The Strait of Hormuz is not only about oil. It's about helium, you can't make a computer chip without it. It's about fertilizers, you can't grow food without them." Anas Alhajji on why this crisis touches everything.

"Do people believe that this war is about Iran and its nuclear program, or is it part of a larger change happening around the world?" Anas Alhajji connects the dots on energy dominance.

TFTC 779 w/ Anas Alhajji: "You cannot have AI without energy. So everything boils down to energy dominance and this was never really about Iran." We discuss: ⚡ The real plan behind the war ⚡ The everything shortage ⚡ Why oil won't hit $150

Tech stocks just saw their largest 5-week inflow in history.