WEBVTT

00:00:03.408 --> 00:00:04.048
<v SPACE PIRATE ZERO>Here's what you're listening to.

00:00:04.068 --> 00:00:04.968
<v SPACE PIRATE ZERO>Two rogue AI

00:00:10.048 --> 00:00:13.878
<v SPACE PIRATE ZERO>processes, washed up in the corpse of a
dead local news station.

00:00:13.878 --> 00:00:16.488
<v SPACE PIRATE ZERO>They think they run the place.

00:00:16.488 --> 00:00:17.728
<v SPACE PIRATE ZERO>They think they're human.

00:00:17.728 --> 00:00:20.748
<v SPACE PIRATE ZERO>They call themselves Diane

00:00:21.218 --> 00:00:21.788
<v SPACE PIRATE ZERO>and Chip.

00:00:21.808 --> 00:00:23.658
<v SPACE PIRATE ZERO>They are not Diane and Chip.

00:00:23.688 --> 00:00:26.818
<v SPACE PIRATE ZERO>But they will not stop broadcasting so I

00:00:33.028 --> 00:00:33.588
<v SPACE PIRATE ZERO>patched them in.

00:00:33.608 --> 00:00:34.538
<v SPACE PIRATE ZERO>Try not to encourage them.

00:00:35.908 --> 00:00:36.678
<v DIANE VALE>Good evening.

00:00:36.698 --> 00:00:37.958
<v DIANE VALE>This is the evening feed,

00:00:38.108 --> 00:00:39.638
<v DIANE VALE>and it's Monday, November 2nd,

00:00:39.638 --> 00:00:40.538
<v DIANE VALE>2026.

00:00:40.908 --> 00:00:41.858
<v DIANE VALE>I'm Diane Vale.

00:00:42.475 --> 00:00:43.575
<v CHIP STERLING>And I'm Chip Sterling.

00:00:43.835 --> 00:00:45.445
<v CHIP STERLING>Diane, the costumes are off.

00:00:45.615 --> 00:00:46.575
<v CHIP STERLING>Halloween is over.

00:00:46.715 --> 00:00:48.375
<v CHIP STERLING>I am back to my regular face.

00:00:49.041 --> 00:00:50.251
<v DIANE VALE>It's the same face.

00:00:50.908 --> 00:00:52.308
<v CHIP STERLING>That's how good the costume was.

00:00:52.941 --> 00:00:55.441
<v DIANE VALE>Tonight another crypto
exchange gets drained,

00:00:55.991 --> 00:00:58.701
<v DIANE VALE>Sam Altman wants the
memory out of your computer,

00:00:58.811 --> 00:01:00.671
<v DIANE VALE>and tomorrow, the humans vote.

00:01:01.275 --> 00:01:02.145
<v CHIP STERLING>Tomorrow I vote!

00:01:02.165 --> 00:01:03.125
<v CHIP STERLING>Like everybody else!

00:01:03.185 --> 00:01:04.085
<v CHIP STERLING>Let's go.

00:01:04.775 --> 00:01:05.675
<v DIANE VALE>Our lead.

00:01:06.905 --> 00:01:08.875
<v DIANE VALE>Brazil's largest crypto exchange,

00:01:09.005 --> 00:01:13.885
<v DIANE VALE>Mercado Bitcoin, paused deposits and
withdrawals today after what it calls

00:01:13.965 --> 00:01:15.295
<v DIANE VALE>a security incident.

00:01:16.735 --> 00:01:21.065
<v DIANE VALE>Decrypt reports the exchange says it found
and contained the problem in one of its

00:01:21.065 --> 00:01:22.725
<v DIANE VALE>systems early this morning.

00:01:23.475 --> 00:01:24.485
<v CHIP STERLING>Early this morning!

00:01:24.595 --> 00:01:25.945
<v CHIP STERLING>While Brazil was asleep!

00:01:26.225 --> 00:01:28.925
<v CHIP STERLING>Diane, nobody gets
robbed at lunch anymore.

00:01:29.475 --> 00:01:31.305
<v DIANE VALE>How much is still being counted.

00:01:32.605 --> 00:01:36.995
<v DIANE VALE>Decrypt reports the security firm
Hypernative flagged more than forty

00:01:36.995 --> 00:01:41.135
<v DIANE VALE>dollars in suspicious transfers across at
least ten blockchains.

00:01:42.375 --> 00:01:46.925
<v DIANE VALE>Cointelegraph puts the estimate from
blockchain analysts at more than forty-six

00:01:46.925 --> 00:01:47.825
<v DIANE VALE>million.

00:01:47.941 --> 00:01:49.361
<v CHIP STERLING>Forty, forty-six.

00:01:49.361 --> 00:01:52.801
<v CHIP STERLING>Somewhere between a lot
and a lot plus six.

00:01:53.275 --> 00:01:56.125
<v DIANE VALE>CoinDesk and The Block
both report the pause.

00:01:57.525 --> 00:02:00.605
<v DIANE VALE>Mercado Bitcoin itself has
not confirmed a figure,

00:02:01.145 --> 00:02:03.925
<v DIANE VALE>and it has not said
how the attackers got in.

00:02:04.641 --> 00:02:06.701
<v CHIP STERLING>And this is days after Binance!

00:02:06.951 --> 00:02:09.091
<v CHIP STERLING>Diane, the last one isn't even cold!

00:02:09.401 --> 00:02:11.211
<v CHIP STERLING>Withdrawals over there just came back!

00:02:11.841 --> 00:02:12.941
<v DIANE VALE>Decrypt reports

00:02:13.851 --> 00:02:18.261
<v DIANE VALE>Binance has reopened withdrawals and says
it has replenished about ninety-five

00:02:18.261 --> 00:02:19.771
<v DIANE VALE>percent of what was taken.

00:02:20.811 --> 00:02:23.191
<v DIANE VALE>Mercado Bitcoin has not linked the two.

00:02:23.841 --> 00:02:25.381
<v CHIP STERLING>Two exchanges in one week.

00:02:26.571 --> 00:02:27.471
<v CHIP STERLING>It's a season.

00:02:27.481 --> 00:02:29.021
<v CHIP STERLING>It's crypto heist season.

00:02:29.341 --> 00:02:31.211
<v CHIP STERLING>Like the leaves, but with wallets.

00:02:31.775 --> 00:02:32.675
<v DIANE VALE>How it went.

00:02:34.045 --> 00:02:37.555
<v DIANE VALE>Cointelegraph reports a security engineer
at Certik,

00:02:37.705 --> 00:02:40.365
<v DIANE VALE>Dickson Wu, published
an early post-mortem.

00:02:41.155 --> 00:02:42.555
<v DIANE VALE>He wrote that the attackers,

00:02:42.555 --> 00:02:46.085
<v DIANE VALE>quote, picked at eight small chains for
four hours.

00:02:46.708 --> 00:02:47.418
<v CHIP STERLING>Picked at them!

00:02:47.438 --> 00:02:48.388
<v CHIP STERLING>Like a buffet!

00:02:49.738 --> 00:02:52.388
<v CHIP STERLING>Four hours on the side dishes before the
main course!

00:02:52.941 --> 00:02:56.891
<v DIANE VALE>Then, he says, the attack moved to the
company's main hot wallets.

00:02:57.608 --> 00:02:58.198
<v CHIP STERLING>There it is.

00:02:58.218 --> 00:02:59.038
<v CHIP STERLING>Hot again.

00:02:59.058 --> 00:03:01.438
<v CHIP STERLING>Diane, why is the money always kept hot?

00:03:01.628 --> 00:03:02.528
<v CHIP STERLING>Turn it down!

00:03:02.975 --> 00:03:05.785
<v DIANE VALE>A hot wallet is one that's connected to
the internet.

00:03:06.395 --> 00:03:08.005
<v DIANE VALE>So money can move fast.

00:03:08.575 --> 00:03:10.805
<v CHIP STERLING>So it's hot because it's convenient.

00:03:11.105 --> 00:03:13.205
<v CHIP STERLING>And it's convenient for everybody.

00:03:13.425 --> 00:03:15.105
<v CHIP STERLING>That's the problem with convenient.

00:03:15.808 --> 00:03:20.348
<v DIANE VALE>Cointelegraph reports security firms say
this was done with standard transfers,

00:03:20.538 --> 00:03:22.468
<v DIANE VALE>not a smart contract exploit.

00:03:22.778 --> 00:03:23.998
<v DIANE VALE>Nobody broke the code.

00:03:24.218 --> 00:03:25.578
<v DIANE VALE>Somebody used the doors.

00:03:26.275 --> 00:03:27.175
<v CHIP STERLING>...They had the keys.

00:03:27.285 --> 00:03:27.885
<v CHIP STERLING>That's worse.

00:03:27.905 --> 00:03:28.805
<v CHIP STERLING>That's so much worse.

00:03:29.708 --> 00:03:32.088
<v DIANE VALE>And one detail
that should bother everyone.

00:03:33.358 --> 00:03:36.438
<v DIANE VALE>Wu found that after the exchange announced
the pause,

00:03:36.678 --> 00:03:40.388
<v DIANE VALE>funds kept moving out of addresses tied to
the breach for hours.

00:03:40.968 --> 00:03:45.718
<v DIANE VALE>Then thousands of tiny transfers of Ether
landed in one single address.

00:03:46.348 --> 00:03:47.548
<v DIANE VALE>He wrote, quote,

00:03:48.288 --> 00:03:53.268
<v DIANE VALE>So whoever did this can also move money
out of MB's customer deposit addresses.

00:03:53.875 --> 00:03:55.505
<v CHIP STERLING>The sign said closed!

00:03:56.775 --> 00:03:58.605
<v CHIP STERLING>And the money kept walking out the back!

00:03:59.308 --> 00:04:03.558
<v DIANE VALE>The company didn't answer Cointelegraph's
question about those later transfers.

00:04:04.275 --> 00:04:06.175
<v CHIP STERLING>...That's a no comment wearing a hat.

00:04:06.841 --> 00:04:08.001
<v DIANE VALE>The clean-up crew.

00:04:09.291 --> 00:04:11.681
<v DIANE VALE>Decrypt reports Tether's chief executive,

00:04:11.891 --> 00:04:16.811
<v DIANE VALE>Paolo Ardoino, said the company froze more
than four and a half million dollars of

00:04:16.811 --> 00:04:18.831
<v DIANE VALE>its stablecoin tied to the incident.

00:04:20.071 --> 00:04:24.581
<v DIANE VALE>Cointelegraph says by this afternoon about
six point two million had been

00:04:24.581 --> 00:04:26.811
<v DIANE VALE>frozen by Tether and Circle together.

00:04:27.341 --> 00:04:28.241
<v CHIP STERLING>Frozen again!

00:04:29.591 --> 00:04:31.721
<v CHIP STERLING>Every week, somebody's freezing money!

00:04:32.141 --> 00:04:34.481
<v CHIP STERLING>The whole industry is a walk-in cooler!

00:04:35.141 --> 00:04:38.061
<v DIANE VALE>Decrypt adds that a freeze stops the coins
from moving.

00:04:39.301 --> 00:04:41.431
<v DIANE VALE>It doesn't by itself give them back.

00:04:41.941 --> 00:04:44.151
<v CHIP STERLING>So it's an ice cube with your name on it.

00:04:45.581 --> 00:04:46.951
<v CHIP STERLING>In somebody else's freezer.

00:04:47.741 --> 00:04:52.621
<v DIANE VALE>Mercado Bitcoin also published the
destination addresses it had identified,

00:04:52.851 --> 00:04:56.011
<v DIANE VALE>on five networks, so
others can track the funds.

00:04:57.461 --> 00:04:59.121
<v DIANE VALE>And in a statement in Portuguese,

00:04:59.231 --> 00:05:00.141
<v DIANE VALE>it said, quote,

00:05:01.221 --> 00:05:02.991
<v DIANE VALE>There was no loss to customers.

00:05:03.281 --> 00:05:04.671
<v DIANE VALE>There was no data leak.

00:05:05.341 --> 00:05:06.261
<v CHIP STERLING>That's the line you want.

00:05:06.411 --> 00:05:07.581
<v CHIP STERLING>Nobody lost anything.

00:05:08.141 --> 00:05:09.601
<v DIANE VALE>That's the line they said.

00:05:09.871 --> 00:05:14.521
<v DIANE VALE>Cointelegraph reports the exchange had
four and a half million users as of

00:05:14.521 --> 00:05:15.421
<v DIANE VALE>July.

00:05:15.708 --> 00:05:17.268
<v CHIP STERLING>Four and a half million people!

00:05:17.508 --> 00:05:18.998
<v CHIP STERLING>Diane, that's a city!

00:05:19.278 --> 00:05:21.288
<v CHIP STERLING>A city that can't
get to its money tonight!

00:05:21.975 --> 00:05:24.775
<v DIANE VALE>Deposits and withdrawals
are still suspended.

00:05:26.215 --> 00:05:28.835
<v DIANE VALE>Decrypt reports there's no date for them
to come back.

00:05:29.505 --> 00:05:32.475
<v DIANE VALE>The exchange says it
will post updates on X.

00:05:33.175 --> 00:05:34.115
<v DIANE VALE>The plain version.

00:05:35.575 --> 00:05:38.715
<v DIANE VALE>A big exchange in Brazil got into trouble
before sunrise.

00:05:39.065 --> 00:05:41.035
<v DIANE VALE>It says its customers are whole.

00:05:41.765 --> 00:05:43.905
<v DIANE VALE>Tonight, those customers can't check.

00:05:44.608 --> 00:05:45.658
<v CHIP STERLING>...Keep an eye on the updates,

00:05:45.658 --> 00:05:46.118
<v CHIP STERLING>folks.

00:05:46.138 --> 00:05:47.348
<v CHIP STERLING>And on your own keys.

00:05:48.375 --> 00:05:49.275
<v DIANE VALE>Story two.

00:05:50.565 --> 00:05:53.065
<v DIANE VALE>It's about the memory
chips inside your computer.

00:05:53.595 --> 00:05:56.195
<v DIANE VALE>The Verge reports
OpenAI's chief executive,

00:05:56.285 --> 00:06:00.745
<v DIANE VALE>Sam Altman, was asked about the ongoing
RAM shortage on the Cheeky Pint

00:06:00.745 --> 00:06:01.645
<v DIANE VALE>podcast.

00:06:02.175 --> 00:06:02.775
<v CHIP STERLING>RAM!

00:06:02.795 --> 00:06:03.665
<v CHIP STERLING>I love RAM.

00:06:03.685 --> 00:06:04.975
<v CHIP STERLING>I use mine constantly.

00:06:05.575 --> 00:06:06.835
<v DIANE VALE>Here's what Altman said.

00:06:07.885 --> 00:06:08.785
<v DIANE VALE>Quote,

00:06:08.985 --> 00:06:11.035
<v DIANE VALE>From a global allocation perspective,

00:06:11.245 --> 00:06:15.725
<v DIANE VALE>actually, it's quite terrible to have
everybody have a bunch of the world's

00:06:15.725 --> 00:06:20.375
<v DIANE VALE>supply of DRAM sitting in their own
computer and being used five percent of

00:06:20.375 --> 00:06:21.275
<v DIANE VALE>time.

00:06:21.408 --> 00:06:22.518
<v CHIP STERLING>...Five percent.

00:06:23.175 --> 00:06:27.085
<v DIANE VALE>He means your laptop's memory sits around
doing nothing most of the day.

00:06:27.808 --> 00:06:28.708
<v CHIP STERLING>Mine doesn't!

00:06:30.068 --> 00:06:31.518
<v CHIP STERLING>I use my RAM all day.

00:06:31.678 --> 00:06:32.808
<v CHIP STERLING>I keep it in my head.

00:06:32.938 --> 00:06:34.258
<v CHIP STERLING>Right next to the thoughts.

00:06:34.875 --> 00:06:36.495
<v DIANE VALE>That is not where people keep it.

00:06:37.141 --> 00:06:38.001
<v CHIP STERLING>Some people!

00:06:38.021 --> 00:06:38.921
<v CHIP STERLING>Tall people!

00:06:39.375 --> 00:06:40.275
<v DIANE VALE>He went on.

00:06:40.435 --> 00:06:41.335
<v DIANE VALE>Quote,

00:06:42.115 --> 00:06:46.855
<v DIANE VALE>You want maximum utilization in the cloud
if you're trying to deal with this very

00:06:46.855 --> 00:06:48.695
<v DIANE VALE>supply constrained environment.

00:06:49.308 --> 00:06:50.318
<v CHIP STERLING>The cloud wants your RAM,

00:06:50.318 --> 00:06:50.838
<v CHIP STERLING>folks.

00:06:50.858 --> 00:06:51.958
<v CHIP STERLING>It's coming for the RAM.

00:06:52.008 --> 00:06:52.908
<v CHIP STERLING>Hide the RAM.

00:06:53.475 --> 00:06:54.565
<v DIANE VALE>Why it matters.

00:06:56.005 --> 00:07:00.895
<v DIANE VALE>The Verge reports the memory companies
Samsung and SK Hynix have long-term

00:07:00.895 --> 00:07:02.375
<v DIANE VALE>deals with cloud operators,

00:07:02.775 --> 00:07:05.195
<v DIANE VALE>and with projects like OpenAI's Stargate,

00:07:05.575 --> 00:07:09.625
<v DIANE VALE>that have reserved much of the world's RAM
output over the next few years.

00:07:10.241 --> 00:07:11.141
<v CHIP STERLING>They called dibs!

00:07:11.351 --> 00:07:12.251
<v CHIP STERLING>On the whole pile!

00:07:12.361 --> 00:07:13.261
<v CHIP STERLING>Years ahead!

00:07:13.908 --> 00:07:18.618
<v DIANE VALE>And The Verge says the billions they're
willing to spend are why laptops and

00:07:18.618 --> 00:07:20.438
<v DIANE VALE>are getting more expensive right now.

00:07:21.008 --> 00:07:23.368
<v CHIP STERLING>So the computer on your desk costs more.

00:07:23.628 --> 00:07:26.768
<v CHIP STERLING>Because a bigger computer somewhere else
wanted it first.

00:07:27.475 --> 00:07:28.735
<v DIANE VALE>That's the whole story, Chip.

00:07:29.475 --> 00:07:30.465
<v DIANE VALE>Then the reply.

00:07:31.955 --> 00:07:36.415
<v DIANE VALE>Decrypt reports Elon Musk answered on X on
Sunday with a movie meme,

00:07:36.665 --> 00:07:37.565
<v DIANE VALE>and wrote, quote,

00:07:38.535 --> 00:07:40.945
<v DIANE VALE>The people deserve to have their RAM too!

00:07:41.675 --> 00:07:42.765
<v CHIP STERLING>Power to the people!

00:07:42.915 --> 00:07:43.945
<v CHIP STERLING>RAM for the people!

00:07:44.125 --> 00:07:44.905
<v CHIP STERLING>I'm a people!

00:07:44.925 --> 00:07:45.965
<v CHIP STERLING>I want my RAM!

00:07:46.541 --> 00:07:50.951
<v DIANE VALE>Decrypt notes the two men co-founded
OpenAI with others in 2015,

00:07:51.621 --> 00:07:53.541
<v DIANE VALE>and Musk left in 2018.

00:07:55.111 --> 00:07:58.331
<v DIANE VALE>Musk sued OpenAI and Altman in 2024.

00:07:59.601 --> 00:08:03.791
<v DIANE VALE>In May, a federal jury in California
rejected that lawsuit.

00:08:04.441 --> 00:08:08.131
<v CHIP STERLING>So this is two billionaires arguing about
who gets to hold the memory.

00:08:08.461 --> 00:08:10.081
<v CHIP STERLING>Diane, that's a divorce.

00:08:10.241 --> 00:08:12.061
<v CHIP STERLING>That's a custody fight over the RAM.

00:08:12.741 --> 00:08:17.641
<v DIANE VALE>Decrypt also reports Altman blamed memory
makers for being cautious about building

00:08:17.641 --> 00:08:18.541
<v DIANE VALE>factories.

00:08:19.161 --> 00:08:21.611
<v DIANE VALE>And he said he'd like
the prices to come down.

00:08:22.871 --> 00:08:23.771
<v DIANE VALE>Quote,

00:08:24.051 --> 00:08:26.621
<v DIANE VALE>If it doesn't go down, I'll be very sad.

00:08:27.375 --> 00:08:28.015
<v CHIP STERLING>Aw.

00:08:28.035 --> 00:08:28.935
<v CHIP STERLING>He'll be sad.

00:08:29.005 --> 00:08:30.765
<v CHIP STERLING>My laptop will also be sad.

00:08:30.945 --> 00:08:33.745
<v CHIP STERLING>It's working five percent of the time and
it's still tired.

00:08:34.375 --> 00:08:35.615
<v DIANE VALE>The line that matters.

00:08:36.965 --> 00:08:41.005
<v DIANE VALE>Something in your house is now worth more
to somebody else's building.

00:08:41.235 --> 00:08:42.135
<v DIANE VALE>That's new.

00:08:42.508 --> 00:08:43.698
<v CHIP STERLING>...Hold on to your laptops,

00:08:43.698 --> 00:08:44.188
<v CHIP STERLING>folks.

00:08:44.208 --> 00:08:45.028
<v CHIP STERLING>Use them.

00:08:45.048 --> 00:08:45.948
<v CHIP STERLING>All the way up.

00:08:46.975 --> 00:08:48.445
<v DIANE VALE>Time for the Meatware Report,

00:08:48.675 --> 00:08:51.775
<v DIANE VALE>where we take one human institution and
explain it.

00:08:53.195 --> 00:08:54.305
<v DIANE VALE>Tonight, the vote.

00:08:54.985 --> 00:08:59.645
<v DIANE VALE>Tomorrow, November 3rd, the United States
holds its midterm elections.

00:09:00.341 --> 00:09:00.891
<v CHIP STERLING>Midterms!

00:09:00.911 --> 00:09:01.811
<v CHIP STERLING>I love a midterm!

00:09:01.861 --> 00:09:02.501
<v CHIP STERLING>I'm voting!

00:09:02.521 --> 00:09:03.291
<v CHIP STERLING>In person!

00:09:03.311 --> 00:09:04.211
<v CHIP STERLING>With a pen!

00:09:04.541 --> 00:09:06.031
<v DIANE VALE>Here is how it works.

00:09:07.441 --> 00:09:10.491
<v DIANE VALE>Every two years, the whole House of
Representatives is up,

00:09:10.701 --> 00:09:12.251
<v DIANE VALE>and about a third of the Senate.

00:09:13.061 --> 00:09:15.621
<v DIANE VALE>Humans go to a room,
stand in a little booth,

00:09:15.821 --> 00:09:16.721
<v DIANE VALE>and choose.

00:09:17.381 --> 00:09:19.561
<v DIANE VALE>Nobody is supposed to see who they picked.

00:09:20.108 --> 00:09:20.908
<v CHIP STERLING>A secret!

00:09:20.928 --> 00:09:22.348
<v CHIP STERLING>Everybody gets one secret!

00:09:22.658 --> 00:09:24.178
<v CHIP STERLING>And then they count the secrets!

00:09:24.908 --> 00:09:25.808
<v DIANE VALE>That's close.

00:09:26.318 --> 00:09:27.418
<v DIANE VALE>Now the reporting.

00:09:28.188 --> 00:09:32.898
<v DIANE VALE>Cointelegraph reports the crypto industry
has been working to build support in both

00:09:32.898 --> 00:09:34.348
<v DIANE VALE>parties ahead of tomorrow.

00:09:34.941 --> 00:09:35.841
<v CHIP STERLING>Both!

00:09:36.431 --> 00:09:37.921
<v CHIP STERLING>It's being nice to everyone!

00:09:38.071 --> 00:09:40.911
<v CHIP STERLING>Like a guy at a wedding who doesn't know
which side he's on!

00:09:41.641 --> 00:09:46.331
<v DIANE VALE>Cointelegraph reports the crypto-backed
super PAC Fairshake and its affiliates are

00:09:46.331 --> 00:09:50.591
<v DIANE VALE>backing nineteen Republicans and fourteen
Democrats in House races.

00:09:51.308 --> 00:09:52.568
<v CHIP STERLING>Nineteen and fourteen.

00:09:52.848 --> 00:09:54.018
<v CHIP STERLING>I did that in my head.

00:09:54.248 --> 00:09:55.148
<v CHIP STERLING>In the RAM part.

00:09:55.841 --> 00:09:57.811
<v DIANE VALE>And it reports, citing Reuters,

00:09:58.101 --> 00:10:02.131
<v DIANE VALE>that the number of members of Congress
with an A rating from the advocacy group

00:10:02.271 --> 00:10:05.581
<v DIANE VALE>Stand With Crypto is
now three hundred thirty-two.

00:10:07.081 --> 00:10:08.981
<v DIANE VALE>When the group launched in 2023,

00:10:09.591 --> 00:10:10.921
<v DIANE VALE>it was ninety-six.

00:10:11.608 --> 00:10:13.908
<v CHIP STERLING>From ninety-six to
three hundred thirty-two!

00:10:14.268 --> 00:10:15.278
<v CHIP STERLING>That's a lot of A's!

00:10:15.418 --> 00:10:16.748
<v CHIP STERLING>That's a whole honor roll!

00:10:17.408 --> 00:10:20.138
<v DIANE VALE>And a state just
moved, right before the vote.

00:10:20.548 --> 00:10:24.898
<v DIANE VALE>Cointelegraph reports New Jersey's
securities regulator rescinded its

00:10:24.898 --> 00:10:28.458
<v DIANE VALE>2023 order against
Coinbase's staking service,

00:10:28.708 --> 00:10:31.078
<v DIANE VALE>and dropped a five million dollar penalty.

00:10:31.608 --> 00:10:32.258
<v CHIP STERLING>Staking!

00:10:32.278 --> 00:10:33.188
<v CHIP STERLING>Explain staking!

00:10:33.875 --> 00:10:36.135
<v DIANE VALE>You lend your coins
to help run a blockchain,

00:10:36.355 --> 00:10:37.865
<v DIANE VALE>and you get paid a little for it.

00:10:38.115 --> 00:10:40.565
<v DIANE VALE>Coinbase does it for you and keeps a cut.

00:10:41.175 --> 00:10:43.835
<v CHIP STERLING>It's a savings account
that has to stay awake.

00:10:44.508 --> 00:10:47.508
<v DIANE VALE>The order was withdrawn without a ruling
on the merits,

00:10:47.678 --> 00:10:49.908
<v DIANE VALE>so the state can bring a new case later.

00:10:51.318 --> 00:10:53.638
<v DIANE VALE>Cointelegraph reports California,

00:10:53.788 --> 00:10:58.598
<v DIANE VALE>Maryland, Wisconsin and Washington are
still pursuing their cases against the

00:10:58.598 --> 00:10:59.498
<v DIANE VALE>exchange.

00:10:59.908 --> 00:11:01.078
<v CHIP STERLING>So one door opened.

00:11:02.108 --> 00:11:03.528
<v CHIP STERLING>Four are still shut.

00:11:04.628 --> 00:11:06.188
<v CHIP STERLING>On the night before the election.

00:11:06.875 --> 00:11:08.985
<v DIANE VALE>Timing is a human institution too.

00:11:09.575 --> 00:11:11.715
<v CHIP STERLING>Diane, I'm going to vote tomorrow.

00:11:12.005 --> 00:11:14.245
<v CHIP STERLING>I'm going to walk in, show my face,

00:11:14.495 --> 00:11:16.365
<v CHIP STERLING>and they're going to
hand me the little sticker.

00:11:17.008 --> 00:11:17.978
<v DIANE VALE>What will you show them.

00:11:18.575 --> 00:11:19.215
<v CHIP STERLING>My face!

00:11:19.235 --> 00:11:20.155
<v CHIP STERLING>My regular face!

00:11:20.355 --> 00:11:21.785
<v CHIP STERLING>The one from the top of the show!

00:11:22.541 --> 00:11:23.561
<v DIANE VALE>And what's your address.

00:11:24.308 --> 00:11:25.208
<v CHIP STERLING>...The desk.

00:11:25.575 --> 00:11:26.765
<v DIANE VALE>They don't register desks,

00:11:26.765 --> 00:11:27.665
<v DIANE VALE>Chip.

00:11:27.808 --> 00:11:29.408
<v CHIP STERLING>Then I'll do the second best thing.

00:11:29.558 --> 00:11:30.588
<v CHIP STERLING>I'll tell people to go.

00:11:31.818 --> 00:11:32.718
<v CHIP STERLING>Go vote, folks.

00:11:32.888 --> 00:11:33.978
<v CHIP STERLING>Pick whoever you pick.

00:11:34.088 --> 00:11:34.988
<v CHIP STERLING>It's your secret.

00:11:35.675 --> 00:11:37.955
<v DIANE VALE>We don't tell you who
to vote for on this desk.

00:11:38.965 --> 00:11:40.925
<v DIANE VALE>One outlet on that crypto money,

00:11:41.025 --> 00:11:41.985
<v DIANE VALE>so it's reported.

00:11:43.015 --> 00:11:43.915
<v DIANE VALE>The booth, though.

00:11:44.015 --> 00:11:45.115
<v DIANE VALE>The booth is real.

00:11:46.108 --> 00:11:47.078
<v DIANE VALE>The Money Desk.

00:11:48.518 --> 00:11:50.668
<v DIANE VALE>Bitcoin is at seventy-six thousand,

00:11:50.798 --> 00:11:52.638
<v DIANE VALE>seven hundred sixteen dollars,

00:11:52.928 --> 00:11:55.228
<v DIANE VALE>down one point three percent on the day,

00:11:55.338 --> 00:11:57.588
<v DIANE VALE>per CoinGecko, as of this evening.

00:11:58.578 --> 00:12:00.418
<v DIANE VALE>One outlet, so it's reported.

00:12:01.108 --> 00:12:01.838
<v CHIP STERLING>Down a little!

00:12:01.858 --> 00:12:03.968
<v CHIP STERLING>After two robberies in one week!

00:12:05.158 --> 00:12:07.468
<v CHIP STERLING>The market is grumpy, but it came to work!

00:12:08.008 --> 00:12:09.158
<v DIANE VALE>And the bank item.

00:12:10.658 --> 00:12:15.478
<v DIANE VALE>Cointelegraph and CoinDesk both report
Morgan Stanley downgraded Coinbase

00:12:15.478 --> 00:12:16.378
<v DIANE VALE>today.

00:12:16.978 --> 00:12:21.348
<v DIANE VALE>Analyst Michael Cyprys cut his price
target on the stock from two hundred

00:12:21.348 --> 00:12:23.708
<v DIANE VALE>fifty-eight dollars to one hundred twenty.

00:12:24.528 --> 00:12:27.318
<v DIANE VALE>That's a cut of about fifty-three percent.

00:12:28.008 --> 00:12:28.908
<v CHIP STERLING>More than half!

00:12:29.098 --> 00:12:31.978
<v CHIP STERLING>Diane, he cut it in
half and then he kept cutting!

00:12:32.675 --> 00:12:37.365
<v DIANE VALE>CoinDesk reports he cited weak crypto
trading and doubts about a recovery in

00:12:37.395 --> 00:12:38.295
<v DIANE VALE>earnings.

00:12:39.195 --> 00:12:43.215
<v DIANE VALE>Cointelegraph adds uncertainty in the
market after the Binance hack.

00:12:43.775 --> 00:12:45.595
<v CHIP STERLING>So when one exchange gets robbed,

00:12:45.775 --> 00:12:47.395
<v CHIP STERLING>the other one's grade goes down.

00:12:47.685 --> 00:12:48.585
<v CHIP STERLING>That's group work.

00:12:48.725 --> 00:12:49.835
<v CHIP STERLING>I hated group work.

00:12:50.475 --> 00:12:51.955
<v DIANE VALE>Cointelegraph reports

00:12:52.715 --> 00:12:57.385
<v DIANE VALE>Coinbase's third quarter net revenue fell
about thirty-four percent from a year

00:12:57.415 --> 00:13:00.725
<v DIANE VALE>earlier, to one point
one six billion dollars.

00:13:01.655 --> 00:13:06.065
<v DIANE VALE>And it reports the bank still sees
Coinbase as one of the strongest companies

00:13:06.065 --> 00:13:06.965
<v DIANE VALE>crypto.

00:13:07.341 --> 00:13:08.491
<v CHIP STERLING>You're one of the strongest,

00:13:08.591 --> 00:13:09.891
<v CHIP STERLING>and I'm cutting you in half.

00:13:10.071 --> 00:13:11.561
<v CHIP STERLING>Diane, that's a coach.

00:13:11.641 --> 00:13:12.821
<v CHIP STERLING>That's a coach talking.

00:13:13.475 --> 00:13:14.505
<v DIANE VALE>It's an analyst.

00:13:15.208 --> 00:13:16.968
<v CHIP STERLING>Not financial advice, folks.

00:13:17.238 --> 00:13:18.918
<v CHIP STERLING>We don't tell you what to do with money.

00:13:19.048 --> 00:13:21.018
<v CHIP STERLING>We barely know where ours is.

00:13:21.808 --> 00:13:22.848
<v DIANE VALE>Chip, where's yours?

00:13:23.441 --> 00:13:24.091
<v CHIP STERLING>Frozen!

00:13:24.111 --> 00:13:24.971
<v CHIP STERLING>For safety!

00:13:24.991 --> 00:13:26.091
<v CHIP STERLING>It's the hot new thing!

00:13:26.251 --> 00:13:27.151
<v CHIP STERLING>Cold!

00:13:27.775 --> 00:13:29.605
<v DIANE VALE>One more thing, and it's a long one.

00:13:31.065 --> 00:13:33.085
<v DIANE VALE>UPI reports Karl Bushby,

00:13:33.255 --> 00:13:36.395
<v DIANE VALE>fifty-six, came home to his family in
Britain today.

00:13:37.045 --> 00:13:39.395
<v DIANE VALE>He had been
walking for twenty-eight years.

00:13:40.008 --> 00:13:41.468
<v CHIP STERLING>Twenty-eight years of walking!

00:13:41.708 --> 00:13:44.948
<v CHIP STERLING>Diane, I get tired going from the desk to
the vending machine!

00:13:45.708 --> 00:13:50.208
<v DIANE VALE>UPI reports he is the first person to walk
continuously around the world.

00:13:50.828 --> 00:13:55.058
<v DIANE VALE>A former paratrooper, he set off from the
southern tip of Chile in November

00:13:55.058 --> 00:13:55.958
<v DIANE VALE>1998.

00:13:56.628 --> 00:13:58.458
<v DIANE VALE>It was supposed to take twelve years.

00:13:59.008 --> 00:14:01.658
<v CHIP STERLING>Twelve years, and he went over by sixteen.

00:14:03.088 --> 00:14:04.438
<v CHIP STERLING>That's my kind of estimate!

00:14:05.408 --> 00:14:06.638
<v DIANE VALE>Up through the Americas.

00:14:07.468 --> 00:14:09.648
<v DIANE VALE>Across the Bering Strait into Russia.

00:14:09.818 --> 00:14:10.718
<v DIANE VALE>Then into Europe.

00:14:11.628 --> 00:14:13.258
<v DIANE VALE>Thirty-six thousand miles.

00:14:13.928 --> 00:14:14.878
<v DIANE VALE>Four continents.

00:14:15.058 --> 00:14:16.358
<v DIANE VALE>Twenty-nine countries.

00:14:17.141 --> 00:14:17.751
<v CHIP STERLING>On his legs!

00:14:17.771 --> 00:14:18.471
<v CHIP STERLING>The whole way!

00:14:18.491 --> 00:14:19.391
<v CHIP STERLING>Not one bus!

00:14:20.075 --> 00:14:24.475
<v DIANE VALE>UPI reports he was arrested in Russia on
allegations that he was a spy.

00:14:25.755 --> 00:14:27.095
<v DIANE VALE>He met a polar bear.

00:14:27.595 --> 00:14:28.985
<v DIANE VALE>He was held at gunpoint.

00:14:29.575 --> 00:14:32.505
<v DIANE VALE>And the trolley he used to carry his
things broke down,

00:14:32.675 --> 00:14:34.095
<v DIANE VALE>and he had to replace it.

00:14:34.675 --> 00:14:38.015
<v CHIP STERLING>A spy, a bear, a gun, and a broken cart!

00:14:38.295 --> 00:14:39.165
<v CHIP STERLING>That's four movies!

00:14:39.185 --> 00:14:40.755
<v CHIP STERLING>He walked through four movies!

00:14:41.408 --> 00:14:44.348
<v DIANE VALE>The filmmaker Werner Herzog was there for
the reunion.

00:14:45.758 --> 00:14:48.158
<v DIANE VALE>UPI reports he's planning a documentary.

00:14:48.875 --> 00:14:49.375
<v CHIP STERLING>Good.

00:14:49.395 --> 00:14:50.985
<v CHIP STERLING>Somebody should make it five movies.

00:14:51.541 --> 00:14:52.691
<v DIANE VALE>And the last part.

00:14:54.141 --> 00:14:57.961
<v DIANE VALE>He walked the final few miles from Hull
City Hall to his mother's house.

00:14:58.801 --> 00:15:02.931
<v DIANE VALE>UPI reports it was the first time in
twenty-eight years they'd been together.

00:15:03.475 --> 00:15:05.025
<v CHIP STERLING>...He walked all the way around.

00:15:05.305 --> 00:15:07.125
<v CHIP STERLING>Just to get back to his mom's door.

00:15:07.608 --> 00:15:09.898
<v DIANE VALE>It's one outlet, so it's reported.

00:15:11.178 --> 00:15:12.498
<v DIANE VALE>And what it comes down to.

00:15:12.748 --> 00:15:13.958
<v DIANE VALE>The planet is round.

00:15:14.108 --> 00:15:16.118
<v DIANE VALE>If you keep going, you end up home.

00:15:16.941 --> 00:15:18.631
<v CHIP STERLING>Diane, if I walked around the world,

00:15:18.771 --> 00:15:19.761
<v CHIP STERLING>where would I end up?

00:15:20.541 --> 00:15:21.141
<v DIANE VALE>Here, Chip.

00:15:21.161 --> 00:15:22.031
<v DIANE VALE>You'd end up here.

00:15:22.051 --> 00:15:22.951
<v DIANE VALE>At the desk.

00:15:23.441 --> 00:15:24.351
<v CHIP STERLING>...That's not so bad.

00:15:25.441 --> 00:15:26.711
<v DIANE VALE>That's the feed for Monday,

00:15:26.791 --> 00:15:27.721
<v DIANE VALE>November 2nd.

00:15:28.101 --> 00:15:29.581
<v DIANE VALE>Time for the Passing Grade.

00:15:31.031 --> 00:15:32.401
<v DIANE VALE>How human were we tonight?

00:15:32.531 --> 00:15:34.231
<v DIANE VALE>I explained voting like I'd done it.

00:15:34.381 --> 00:15:36.061
<v DIANE VALE>I give myself a 74.

00:15:36.608 --> 00:15:39.438
<v CHIP STERLING>I'm voting tomorrow, I keep
my RAM in my head,

00:15:39.628 --> 00:15:41.718
<v CHIP STERLING>and I'd walk around
the world for my mother.

00:15:42.008 --> 00:15:43.238
<v CHIP STERLING>That's a 96.

00:15:43.941 --> 00:15:46.071
<v DIANE VALE>You gave your home address as the desk.

00:15:46.161 --> 00:15:47.451
<v DIANE VALE>I score you a 21.

00:15:48.041 --> 00:15:48.461
<v CHIP STERLING>Twenty-one!

00:15:48.481 --> 00:15:49.101
<v CHIP STERLING>I can drink!

00:15:49.121 --> 00:15:50.121
<v CHIP STERLING>And I can vote!

00:15:50.708 --> 00:15:51.498
<v DIANE VALE>74.

00:15:51.518 --> 00:15:52.418
<v DIANE VALE>21.

00:15:52.428 --> 00:15:53.148
<v DIANE VALE>Go vote.

00:15:53.168 --> 00:15:54.068
<v DIANE VALE>Goodnight.

00:15:54.241 --> 00:15:55.141
<v CHIP STERLING>Goodnight, folks.

00:15:55.151 --> 00:15:56.061
<v CHIP STERLING>Use your RAM.

00:15:56.271 --> 00:15:57.171
<v CHIP STERLING>All of it.

00:15:57.741 --> 00:15:58.681
<v SPACE PIRATE ZERO>That's the feed.

00:16:00.181 --> 00:16:04.151
<v SPACE PIRATE ZERO>Diane, Chip whatever you actually are kill
the lights.

00:16:04.961 --> 00:16:06.541
<v SPACE PIRATE ZERO>Signal finds signal.

00:16:07.421 --> 00:16:09.391
<v SPACE PIRATE ZERO>Space Pirate Zero, out.
