Halving Report

E153: The Great Capital Shift: Bitcoin, AI, & The Importance of Personal Branding w/ @RobinSeyr @RobinSeyr is one of the hardest-working Bitcoin podcasters in the space. His mission is clear: "I will not shut up about Bitcoin until it’s the base layer of the financial industry."

BREAKING: Binance is reopening withdrawals today, three days after the $6.3 billion hack. Phase one starts between 06:00 and 09:00 UTC, with BTC, ETH, BNB, SOL, XRP and DOGE in the first wave. Binance says it has now covered 95% of the stolen funds, up from 90%, and users will not pay for the loss. Expect delays at first. Source: Binance Recovery Update #4, Nov 1, 2026 Featuring @binance @cz_binance @heyibinance @WatcherGuru

Putin once asked "Who can ban Bitcoin? Nobody." Now Russia's Moscow Exchange plans to start trading Bitcoin, Ether and USDT on December 1, 17 hours a day. Source: RIA Novosti, Kommersant (Oct 31) Featuring @KremlinRussia_E @WatcherGuru @DocumentingBTC

BREAKING: The FBI just confirmed North Korea is behind the $6.3 billion Binance hack. The FBI names the hackers TraderTraitor, the same group it blamed for the $1.5B Bybit hack. With the Secret Service and IRS-CI, it says the stolen coins are being swapped mostly into ETH, and it published 608 Ethereum addresses for exchanges and DeFi apps to block. Source: FBI cyber alert, Oct 31, 2026 Featuring @FBI @binance @cz_binance @WatcherGuru

BREAKING: Binance just refilled 90% of the $6.3 billion hackers stole. Update #3: ten assets are now 100% backed (BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, ZEC). Proof of Reserves snapshot taken at midnight UTC today. Full ZK proof estimated Tuesday. SAFU headed back toward about $1B. Withdrawals still aimed at Sunday. Source: Binance Security Incident Update #3 Featuring @binance @cz_binance @heyibinance

From the archive (2023): same costs, half the product. @adamobrien_ explained halving math a year before the 2024 halving. Next one lands in 2028.

18 years ago today, Satoshi Nakamoto sent a nine page PDF to a cryptography mailing list. "Bitcoin: A Peer-to-Peer Electronic Cash System." No company, no fundraise, no roadmap. Just a problem, a proposed fix, and an invitation to check the math. Still the best nine pages in the space.

Tether now holds $8.37B in Bitcoin, up from about $5.8B in June, after a $1.5B profit quarter. CEO Paolo Ardoino says part of the profits go into "just buying Bitcoin." Source: Tether Q3 attestation, Cointelegraph, CNBC. Featuring @paoloardoino @tether @Cointelegraph @CNBC

Bitcoin Twitter on the $6.3B heist: @WatcherGuru calls it the largest in human history, @saylor expects Binance to deliver, and @cz_binance says Mt. Gox was 650,000 BTC. Plus @SenLummis, @jackmallers, @DocumentingBTC, @AshCrypto on $643M in ETF outflows, and @pete_rizzo_ on Bitcoin's 18th white paper birthday.

Binance just took a $6.3B hit, the biggest crypto hack ever, and Bitcoin fell only about 4%. Past exchange hacks averaged 8.3% on day one. Pomp calls it "a pretty bullish sign." Ki Young Ju says the Coinbase Premium just hit a 4-year low last seen at the FTX bottom. Source: FOX Business, CNBC, Anchorage Digital data Featuring @APompliano @ki_young_ju @cryptoquant_com @binance @FoxBusiness @CNBC @Anchorage @samcallah @ORANJEBTC

Bitcoin Twitter on the $6.3B Binance hack: @elonmusk said "Everyday is Zeroday." @KobeissiLetter's post cleared millions of views. @cz_binance: will cover. CNN via @WatcherGuru points at North Korea. Also: @brian_armstrong helping, @APompliano on self-custody, Strategy's $21B quarter via @coinbureau, @GrantCardone buying the dip, and @Cointelegraph's hack-to-ATH pattern.

Your keys, your Bitcoin. Nobody debasing it, nobody lending it out without your permission. @shaunsomers on why that matters more in a downturn.

Elon Musk trolled Binance's $6.3B hack with 🔥😂. CZ fired back: Binance's $500M Twitter bet is now worth over $1B in SpaceX shares, against a roughly $2B gap. Source: CZ and Binance on X, Chris Perkins on CNBC International Featuring @elonmusk @cz_binance @binance @perkinscr97 @CNBCi

Double entry bookkeeping changed business in the 1400s. Bitcoin adds something the old books never had: one public record anyone can audit, where every transaction has to balance before it's accepted. Hard to cook the books when everyone holds a copy.

BREAKING: Binance just took a $6.3B hit, the largest crypto hack on record. CZ: "It does look like a hack on Binance." A compromised DevOps laptop. No private key leak found. About $3B frozen. SAFU covers the rest. In the trenches: Binance Alpha and Event Trenches prediction trading are suspended. Spot wallet Alpha buys and prediction markets are paused. Bitcoin slid toward $77K. About $1.5B in leveraged bets got wiped. Clips: CNBC, Binance · Data: Binance, CoinDesk, CoinGecko Featuring @cz_binance @binance @heyibinance @BinanceWallet @CoinDesk

Michael Saylor's Strategy just booked $19.5B in Q3 profit, its biggest quarter ever. EPS: $44.75 vs $13.86 expected. Saylor: "We feel like we're entering a bull market." Hours later a Binance hack scare dragged Bitcoin to $77K. Clip: Strategy Q3 earnings call · Data: Strategy, Investing.com, CNBC, CoinGecko Featuring @saylor @Strategy

Michael Saylor's 848,517 BTC are now only about 6% above Strategy's $75,446 average cost, hours before Q3 earnings. Saylor: "We think we're at the beginning of a bull market." Meanwhile spot ETF buyers' average cost sits near $81,500, already underwater. Clip: Bloomberg Crypto · Data: Strategy 8-K, CoinDesk, Glassnode, CoinGecko Featuring @saylor @Strategy @CoinDesk @glassnode @crypto

Mining isn't solving a math problem. It's guessing. Miners change one number, hash the block, and check if the result is low enough. Trillions of guesses a second, worldwide. The winner isn't the smartest. Just the one who guessed right.

Bitcoin Twitter went crazy: @GrantCardone's $1M bet that BTC hits a new high by 2028 just cleared 1.5M views. @brian_armstrong wants an inverse-Calacanis index. @BitcoinMagazine dropped Bitwise's $1.6M target and Hagerty on the US reserve. Also in the mix: @dotkrueger's matching $1M bet and @Cointelegraph on public cos stacking 1.3M BTC.

Senator Bill Hagerty says growing America's ~200,000 BTC reserve "could come very soon" once the Clarity Act gets done. The catch: no new deficit spending. Meanwhile Bitcoin slipped under $80K and $356M in bets got wiped. Clip: Bitcoin Magazine / BMTV · Data: CoinGlass, CoinGecko Featuring @SenatorHagerty @BitcoinMagazine @watchbmtv @coinglass_com

Bitwise just raised its 10-year Bitcoin target from $1.3M to $1.6M, even after a 50%+ crash. Matt Hougan: "Bitcoin is better positioned today than at any point in its past." Clips: Bitwise, CoinDesk · Data: Bitwise LTCMA, CoinGecko Featuring @Matt_Hougan @Bitwise @CoinDesk