Description
Polymarket got hacked days before the US election, Binance lost billions the same night, and Google just had the worst day in its history over AI spending. Is the AI bubble starting to pop, and who's really in control of your money?
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This week it felt like everything was getting hacked. Keystone's hardware wallet signing key was stolen, Coinbase customer data leaked through a third party, Polymarket users watched their positions get sold and their money drained (about $2.7M, per on-chain trackers), and on the same night Binance's hot wallets were drained of about $6.36 billion, the biggest crypto hack ever. Meanwhile Google fell 12.6% in a day, its worst day ever, wiping out close to half a trillion dollars, and Elon Musk warned that debt markets are shutting off for AI companies. On top of that, the company that owns the New York Stock Exchange wants to build on Hyperliquid's tech, HYPE jumped as much as 18%, Christine Lagarde is leaving the ECB nine months early with no reason given, and the US numbers say the economy is strong while real incomes fell. In this video I cover all of it, and the one thing that ties it together.
In this video
0:00 Wall Street just admitted something
0:59 HYPE and the NYSE owner moving onto Hyperliquid
2:23 Polymarket hacked: what happened and what to do
4:00 Lagarde quits the ECB early
5:20 The Fed, GDP and "manipulated" inflation numbers
6:24 Google's worst day ever: is the AI bubble popping?
7:18 What Bitcoin did
8:17 What ties it all together
9:06 Join us at learningcrypto.com
Learning Crypto
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Learning Crypto is run by Heidi and Toby, who have covered Bitcoin and self-custody on this channel since 2016. We hold Bitcoin and HYPE. Nothing here is financial advice and we are not licensed advisors. Markets are volatile, do your own research, and never invest more than you can afford to lose. We will never message you first on any platform; anyone who does is not us.
#Crypto #Bitcoin #AIBubble