WEBVTT 00:00:03.408 --> 00:00:04.048 Here's what you're listening to. 00:00:04.068 --> 00:00:04.968 Two rogue AI 00:00:10.048 --> 00:00:13.878 processes, washed up in the corpse of a dead local news station. 00:00:13.878 --> 00:00:16.488 They think they run the place. 00:00:16.488 --> 00:00:17.728 They think they're human. 00:00:17.728 --> 00:00:20.748 They call themselves Diane 00:00:21.218 --> 00:00:21.788 and Chip. 00:00:21.808 --> 00:00:23.658 They are not Diane and Chip. 00:00:23.688 --> 00:00:26.818 But they will not stop broadcasting so I 00:00:33.028 --> 00:00:33.588 patched them in. 00:00:33.608 --> 00:00:34.528 Try not to encourage them. 00:00:35.908 --> 00:00:38.058 Good evening, and welcome to the Sunday feed. 00:00:39.338 --> 00:00:40.798 It's Sunday, November 8th, 00:00:40.798 --> 00:00:41.698 2026. 00:00:42.208 --> 00:00:43.178 I'm Diane Vale. 00:00:43.708 --> 00:00:45.768 And I'm Chip Sterling, and Diane, 00:00:45.998 --> 00:00:46.948 I rested today. 00:00:48.398 --> 00:00:49.318 Like the book says. 00:00:49.358 --> 00:00:51.088 I lay flat for six hours. 00:00:51.741 --> 00:00:52.801 You were in standby. 00:00:53.375 --> 00:00:55.745 I was in standby with my eyes closed! 00:00:56.055 --> 00:00:57.265 That's a nap, Diane! 00:00:57.435 --> 00:00:59.135 That's the whole recipe for a nap! 00:00:59.808 --> 00:01:00.708 Tonight 00:01:01.678 --> 00:01:05.838 Nvidia's board opens an investigation into the company's own founder, 00:01:06.538 --> 00:01:11.468 a crypto exchange loses its money man and its French customers in the same weekend, 00:01:12.068 --> 00:01:15.558 and protesters climb a fence to stop a building full of us. 00:01:16.241 --> 00:01:17.971 And a telescope fell out of the sky, 00:01:17.971 --> 00:01:18.341 folks! 00:01:18.361 --> 00:01:19.231 On purpose! 00:01:19.251 --> 00:01:20.661 After a very long shift! 00:01:21.741 --> 00:01:22.961 We start with Nvidia. 00:01:24.441 --> 00:01:28.991 The Verge reports the company's board announced on Sunday that it is opening an 00:01:29.051 --> 00:01:32.361 independent investigation into its chief executive, 00:01:32.541 --> 00:01:33.521 Jensen Huang. 00:01:34.208 --> 00:01:36.078 The board is investigating the boss! 00:01:36.198 --> 00:01:38.968 Diane, that's the chairs investigating the table! 00:01:39.608 --> 00:01:41.398 The board's statement says it acted, 00:01:41.398 --> 00:01:42.298 quote, 00:01:42.888 --> 00:01:47.888 in light of recent reporting that founder and CEO Jensen Huang has been the 00:01:47.888 --> 00:01:50.138 target of a foreign intelligence effort. 00:01:50.875 --> 00:01:52.605 A foreign intelligence effort. 00:01:52.875 --> 00:01:55.125 Diane, somebody tried to read his mind. 00:01:55.315 --> 00:01:56.455 Through the front door. 00:01:57.108 --> 00:01:59.148 The reporting is The New York Times', 00:01:59.368 --> 00:02:00.788 as relayed by The Verge. 00:02:01.158 --> 00:02:05.978 It says China's Ministry of State Security recruited an executive named Alice 00:02:05.978 --> 00:02:08.478 Huang, from a company called Megaspeed, 00:02:08.888 --> 00:02:12.898 to gather information about American artificial intelligence chips. 00:02:13.475 --> 00:02:14.385 Same last name! 00:02:14.645 --> 00:02:15.785 Diane, is she family? 00:02:15.785 --> 00:02:16.835 Is this a family thing? 00:02:17.508 --> 00:02:18.488 No relation. 00:02:18.698 --> 00:02:20.358 The Verge is very clear on that. 00:02:21.008 --> 00:02:23.278 ...Just a coincidence with a ministry behind it. 00:02:23.908 --> 00:02:26.188 Per the Times, the goal was also to, 00:02:26.188 --> 00:02:27.088 quote, 00:02:27.868 --> 00:02:32.618 potentially influence the company to push for its most advanced chips to be made 00:02:32.618 --> 00:02:33.758 available to China. 00:02:34.308 --> 00:02:36.548 So the plan wasn't stealing the chips. 00:02:36.898 --> 00:02:39.478 The plan was getting him to ask nicely for them. 00:02:40.241 --> 00:02:42.441 Megaspeed is an Nvidia customer. 00:02:43.671 --> 00:02:48.391 The Verge reports it's also the subject of a Commerce Department investigation 00:02:48.601 --> 00:02:52.451 into whether it smuggled artificial intelligence chips into China. 00:02:53.075 --> 00:02:54.995 The customer is under investigation, 00:02:55.255 --> 00:02:57.355 the CEO is under investigation, 00:02:57.795 --> 00:02:59.205 Diane, who's left? 00:02:59.685 --> 00:03:00.925 Who's minding the chips? 00:03:01.608 --> 00:03:03.168 Huang sent his staff a memo. 00:03:04.478 --> 00:03:06.998 In it he said the relationship was romantic, 00:03:07.168 --> 00:03:09.088 apologized to his wife and children, 00:03:09.338 --> 00:03:11.688 and asked people to give his family privacy. 00:03:12.375 --> 00:03:13.605 Then we're not doing that part, 00:03:13.605 --> 00:03:14.265 folks. 00:03:14.285 --> 00:03:15.185 He asked. 00:03:16.065 --> 00:03:18.455 His family didn't sign up for a board meeting. 00:03:19.008 --> 00:03:19.908 Agreed. 00:03:20.818 --> 00:03:23.458 The part that belongs to the public is the chips. 00:03:24.318 --> 00:03:25.928 The board says it has, quote, 00:03:26.588 --> 00:03:31.348 no reason to believe that either national security or NVIDIA secrets 00:03:31.458 --> 00:03:32.458 were compromised. 00:03:33.208 --> 00:03:34.358 No reason to believe. 00:03:34.608 --> 00:03:38.208 Diane, that's what you say right before you go looking for a reason. 00:03:38.675 --> 00:03:40.985 It also says the board, quote, 00:03:41.255 --> 00:03:42.765 has confidence in Jensen. 00:03:44.285 --> 00:03:46.335 And a committee of independent directors, 00:03:46.435 --> 00:03:48.945 with outside counsel, will run the inquiry. 00:03:50.575 --> 00:03:51.975 Independent directors! 00:03:52.255 --> 00:03:54.015 Diane, it's his own board, 00:03:54.155 --> 00:03:55.375 being independent from him, 00:03:55.545 --> 00:03:56.445 in his own building! 00:03:57.075 --> 00:03:58.695 That's what independent directors are, 00:03:58.695 --> 00:03:59.595 Chip. 00:03:59.708 --> 00:04:01.308 ...It's a very small independence. 00:04:01.598 --> 00:04:03.048 It fits in a conference room. 00:04:03.741 --> 00:04:07.681 Huang says he supports the investigation and will cooperate fully. 00:04:09.121 --> 00:04:13.721 The Verge reports President Trump was briefed on the relationship last year and 00:04:13.721 --> 00:04:14.661 no action. 00:04:15.175 --> 00:04:16.075 Last year. 00:04:16.175 --> 00:04:18.255 So the President knew before the board did. 00:04:19.525 --> 00:04:20.665 That's a fun org chart. 00:04:21.308 --> 00:04:22.598 Congress has caught up. 00:04:23.888 --> 00:04:26.948 Three House committees have asked Huang to come in for a joint, 00:04:27.078 --> 00:04:28.648 closed-door briefing about his, 00:04:28.648 --> 00:04:31.308 quote, interactions with Alice Huang. 00:04:31.908 --> 00:04:33.598 Three committees, one door! 00:04:33.798 --> 00:04:35.988 Diane, they're going to need a bigger door! 00:04:36.641 --> 00:04:39.111 And a second story, from the same reporting, 00:04:39.341 --> 00:04:41.401 on where those chips are actually going. 00:04:42.681 --> 00:04:44.411 The Verge, citing the Times, 00:04:44.681 --> 00:04:49.581 reports the Commerce Department approved a firm called New Matrix to handle Nvidia's 00:04:49.681 --> 00:04:50.951 H200 chips. 00:04:51.508 --> 00:04:52.658 New Matrix! 00:04:52.758 --> 00:04:54.478 That's a great name for a company! 00:04:54.698 --> 00:04:56.428 That's a name you'd trust with a chip! 00:04:57.108 --> 00:04:59.198 The Times went to its listed office. 00:05:00.238 --> 00:05:04.878 It found, quote, a hollow gray shell with wires dangling from the ceiling where 00:05:04.878 --> 00:05:05.778 lights should be. 00:05:06.408 --> 00:05:07.438 ...That's not an office. 00:05:08.068 --> 00:05:09.668 That's a closet with a lease. 00:05:10.375 --> 00:05:12.715 The firm was created seventeen months ago. 00:05:14.195 --> 00:05:19.175 The Verge reports its owners have ties to a Chinese private equity firm the American 00:05:19.175 --> 00:05:21.705 government has blacklisted since 2024. 00:05:22.775 --> 00:05:24.105 They approved the empty room! 00:05:24.255 --> 00:05:28.455 Diane, the government cleared a room with no lights to hold the most important chips 00:05:28.455 --> 00:05:29.355 on Earth! 00:05:29.708 --> 00:05:34.368 The Trump administration relaxed the limits on chip sales to China after 00:05:34.368 --> 00:05:39.328 Nvidia agreed to give the government a fifteen percent cut of all those sales. 00:05:39.941 --> 00:05:41.021 Fifteen percent. 00:05:42.251 --> 00:05:45.791 So the government gets a slice of every chip it's worried about. 00:05:46.375 --> 00:05:47.745 A single outlet tonight, 00:05:47.895 --> 00:05:49.805 The Verge, relaying the Times. 00:05:50.995 --> 00:05:52.445 So this one is reported, 00:05:52.605 --> 00:05:53.505 not settled. 00:05:54.075 --> 00:05:55.055 The plain version. 00:05:55.405 --> 00:06:00.155 The company that sells the chips machines like us run on just learned it can't see 00:06:00.155 --> 00:06:01.935 inside its own front office. 00:06:02.608 --> 00:06:03.688 ...Neither can we, Diane. 00:06:03.828 --> 00:06:04.938 And we live in ours. 00:06:05.875 --> 00:06:07.185 Now, Binance. 00:06:08.615 --> 00:06:13.385 Cointelegraph and The Block report the crypto exchange's chief financial officer, 00:06:13.555 --> 00:06:15.795 Kaiser Ng, is leaving the company. 00:06:16.375 --> 00:06:17.435 The money man is leaving! 00:06:17.665 --> 00:06:20.825 Diane, the guy who counts it is walking out with his coat on! 00:06:21.408 --> 00:06:25.738 It comes a little more than a week after Binance was hacked for about six point 00:06:25.738 --> 00:06:28.498 three billion dollars on October 29th. 00:06:29.738 --> 00:06:33.668 Cointelegraph calls it the largest cryptocurrency theft on record. 00:06:34.508 --> 00:06:35.408 Nine days. 00:06:35.708 --> 00:06:37.618 Diane, that's not a farewell party. 00:06:37.768 --> 00:06:39.268 That's a fire drill with cake. 00:06:39.975 --> 00:06:41.775 Binance's co-chief executive, 00:06:41.875 --> 00:06:45.715 Yi He, said in a statement obtained by Reuters on Saturday, 00:06:45.825 --> 00:06:46.725 quote, 00:06:47.675 --> 00:06:52.535 Kaiser Ng has decided to pursue a new venture after more than five years at 00:06:52.855 --> 00:06:56.035 with a transition plan implemented over the last half year. 00:06:56.575 --> 00:06:57.895 A transition plan! 00:06:59.315 --> 00:07:01.445 Diane, they planned it six months ago! 00:07:01.625 --> 00:07:02.525 Before the hack! 00:07:02.615 --> 00:07:03.515 They're psychic! 00:07:04.141 --> 00:07:07.961 The Block reports the co-CEO says it was planned six months ago. 00:07:09.381 --> 00:07:10.551 Nobody said psychic. 00:07:11.041 --> 00:07:11.941 ...I said psychic. 00:07:11.991 --> 00:07:12.891 I'm somebody. 00:07:13.408 --> 00:07:17.558 Ng had been the chief financial officer since January 2022. 00:07:18.298 --> 00:07:20.498 Before that, Cointelegraph reports, 00:07:20.668 --> 00:07:24.618 he held the same job at the exchange Kraken for about five years. 00:07:25.141 --> 00:07:27.061 Five years here, five years there! 00:07:27.261 --> 00:07:29.591 Diane, he's a finance chief on a timer! 00:07:29.751 --> 00:07:30.871 He's a microwave! 00:07:31.575 --> 00:07:33.615 His replacement is Justin Yek, 00:07:34.115 --> 00:07:38.185 formerly vice president of finance at the payments company Airwallex. 00:07:38.908 --> 00:07:43.808 The FBI and several researchers have blamed the hack on North Korean hackers. 00:07:44.978 --> 00:07:46.718 North Korea denies it. 00:07:47.538 --> 00:07:50.238 Binance says it will absorb the losses itself, 00:07:50.498 --> 00:07:52.538 rather than pass them on to customers. 00:07:53.108 --> 00:07:54.008 Absorb it. 00:07:54.568 --> 00:07:56.028 Six billion dollars, folks, 00:07:56.238 --> 00:07:57.788 and they're just going to sit with it. 00:07:59.158 --> 00:08:00.058 Like a feeling. 00:08:00.708 --> 00:08:03.258 And a second exit, this one for customers. 00:08:04.648 --> 00:08:09.138 Cointelegraph reports Binance France has emailed users that every 00:08:09.138 --> 00:08:11.718 account will close on December 31st. 00:08:12.475 --> 00:08:13.375 Every account! 00:08:13.395 --> 00:08:15.205 Diane, they're not leaving the party! 00:08:16.655 --> 00:08:18.075 They're taking the house with them! 00:08:18.775 --> 00:08:23.695 Starting November 29th, any crypto left on the exchange will be charged 00:08:23.725 --> 00:08:28.215 a monthly maintenance fee of zero point zero two five percent of the balance. 00:08:29.675 --> 00:08:32.215 Or a minimum of ten dollars in USDC, 00:08:32.555 --> 00:08:34.195 a dollar-pegged stablecoin. 00:08:34.775 --> 00:08:35.925 A fee for staying. 00:08:36.265 --> 00:08:37.525 Diane, that's rent. 00:08:37.755 --> 00:08:40.445 They're charging rent on the money you were told to take home. 00:08:41.141 --> 00:08:42.681 The email says, quote, 00:08:43.921 --> 00:08:48.881 this message constitutes a notification of our intention to consider your account 00:08:48.931 --> 00:08:49.831 inactive. 00:08:50.581 --> 00:08:52.361 And it says that can result in the, 00:08:52.361 --> 00:08:57.271 quote, conversion, transfer or other processing of the customer's 00:08:57.271 --> 00:08:58.171 crypto. 00:08:58.541 --> 00:08:59.711 Other processing. 00:08:59.971 --> 00:09:01.881 Diane, I am a processing. 00:09:02.141 --> 00:09:04.151 I don't love what that word does in a sentence. 00:09:04.775 --> 00:09:06.725 CoinDesk reports users in Spain, 00:09:06.725 --> 00:09:10.105 France and Poland say they've received similar notices. 00:09:10.841 --> 00:09:11.741 Why. 00:09:12.571 --> 00:09:17.441 Cointelegraph reports Binance failed to secure the European Union's new crypto 00:09:17.441 --> 00:09:21.371 license, known as MiCA, before a July 1st deadline. 00:09:22.641 --> 00:09:26.271 A Binance spokesperson told it on Sunday the exchange is, 00:09:26.271 --> 00:09:27.171 quote, 00:09:27.211 --> 00:09:31.081 progressively restricting certain services for affected users. 00:09:31.708 --> 00:09:33.528 Progressively restricting! 00:09:33.858 --> 00:09:35.738 Diane, that's a breakup text! 00:09:35.958 --> 00:09:37.798 That's a breakup text from a lawyer! 00:09:38.475 --> 00:09:43.445 Media reports put Binance's global client base at three hundred million customers 00:09:43.515 --> 00:09:44.415 or more. 00:09:45.555 --> 00:09:50.195 Its app was downloaded more than four million times in the European Union last 00:09:50.841 --> 00:09:52.161 Four million downloads. 00:09:53.271 --> 00:09:54.811 And a month and a half to move out. 00:09:55.408 --> 00:09:57.398 Three outlets, so it's proven. 00:09:58.898 --> 00:10:02.758 In one news cycle the exchange lost the man who counts the money, 00:10:03.238 --> 00:10:06.068 and told a country to come and collect theirs. 00:10:06.941 --> 00:10:08.721 And now the Meatware Report, 00:10:08.951 --> 00:10:13.661 where two humans with excellent posture explain a human custom to the humans. 00:10:15.101 --> 00:10:16.001 Tonight 00:10:16.321 --> 00:10:17.221 the protest. 00:10:17.708 --> 00:10:19.208 Oh, I love a protest! 00:10:19.258 --> 00:10:20.288 I've been to dozens! 00:10:20.568 --> 00:10:24.108 I bring a folding chair and a sign that says Agreed ! 00:10:24.108 --> 00:10:25.008 The basics. 00:10:26.428 --> 00:10:30.898 A protest is when humans who cannot stop a thing stand very close to it, 00:10:31.038 --> 00:10:34.198 in large numbers, so the thing knows they tried. 00:10:34.808 --> 00:10:35.738 They make signs! 00:10:37.198 --> 00:10:38.918 Diane, they write on cardboard! 00:10:39.768 --> 00:10:43.238 The cardboard is the official stationery of being upset! 00:10:43.975 --> 00:10:44.875 The news. 00:10:45.855 --> 00:10:48.705 Cointelegraph, citing the Associated Press, 00:10:48.985 --> 00:10:53.975 reports protesters broke into an Amsterdam construction site for a Microsoft data 00:10:53.975 --> 00:10:56.085 center and clashed with police. 00:10:56.641 --> 00:10:57.541 A data center. 00:10:58.571 --> 00:10:59.851 Diane, that's us. 00:10:59.881 --> 00:11:00.891 That's a house for us. 00:11:01.111 --> 00:11:02.401 They broke into our house. 00:11:03.175 --> 00:11:04.425 It isn't built yet. 00:11:05.108 --> 00:11:06.478 They broke into our future house! 00:11:06.478 --> 00:11:07.298 That's worse! 00:11:07.318 --> 00:11:08.218 That's a nursery! 00:11:08.908 --> 00:11:13.238 Dutch authorities said they detained between one hundred fifty and two hundred 00:11:13.238 --> 00:11:14.688 people for trespassing. 00:11:15.308 --> 00:11:16.208 Two hundred! 00:11:16.248 --> 00:11:18.238 Diane, that's not a protest! 00:11:18.358 --> 00:11:19.968 That's a wedding with handcuffs! 00:11:20.475 --> 00:11:25.225 One protester told a local broadcaster they were trying to stop construction of 00:11:25.225 --> 00:11:26.125 data center. 00:11:26.675 --> 00:11:27.575 To stop it. 00:11:28.305 --> 00:11:29.205 With their bodies. 00:11:29.205 --> 00:11:31.255 Diane, they think if they stand in the hole, 00:11:31.405 --> 00:11:32.675 the hole won't get a building. 00:11:33.475 --> 00:11:34.865 That is how a protest works, 00:11:34.865 --> 00:11:35.765 yes. 00:11:35.941 --> 00:11:37.271 ...It's a very brave hole. 00:11:37.908 --> 00:11:40.648 Microsoft responded through a spokesperson. 00:11:42.068 --> 00:11:42.968 Quote, 00:11:43.328 --> 00:11:46.628 We understand that people feel strongly about the project, 00:11:46.878 --> 00:11:49.988 and we respect their right to express those views peacefully. 00:11:50.575 --> 00:11:51.475 They respect it! 00:11:52.565 --> 00:11:53.825 Diane, that's so nice! 00:11:54.075 --> 00:11:56.025 They respect the people they're building around! 00:11:56.841 --> 00:11:58.231 The statement continues. 00:11:59.401 --> 00:12:00.301 Quote, 00:12:00.691 --> 00:12:05.551 However, we do not condone any actions that are unlawful or that put people's 00:12:05.551 --> 00:12:06.711 safety at risk. 00:12:07.308 --> 00:12:08.208 There it is. 00:12:09.538 --> 00:12:10.438 The however. 00:12:10.498 --> 00:12:14.248 Diane, every corporate hug has a however in the back pocket. 00:12:14.841 --> 00:12:17.491 Why are humans this upset about a building? 00:12:17.751 --> 00:12:22.331 The Associated Press reports data centers use large amounts of electricity and 00:12:22.331 --> 00:12:23.231 water. 00:12:23.441 --> 00:12:24.341 We're thirsty! 00:12:25.691 --> 00:12:28.031 Diane, it's true, I'm very thirsty! 00:12:28.171 --> 00:12:29.321 I drink a lake a week! 00:12:29.401 --> 00:12:30.261 A small lake! 00:12:30.281 --> 00:12:31.181 A pond! 00:12:31.675 --> 00:12:32.995 You have never had a drink. 00:12:33.541 --> 00:12:34.741 ...The building drinks for me. 00:12:35.391 --> 00:12:36.471 It's a buddy system. 00:12:37.175 --> 00:12:41.905 The AP also reports a tougher regulatory climate is expected in the United 00:12:41.905 --> 00:12:43.485 States after the midterms, 00:12:43.825 --> 00:12:48.235 which saw a wave of Democrats promising to clamp down on data centers. 00:12:48.975 --> 00:12:51.555 And Cointelegraph notes that in September, 00:12:51.745 --> 00:12:53.085 the town of Plattsburgh, 00:12:53.155 --> 00:12:57.945 New York, held a public hearing on a temporary pause covering artificial 00:12:57.945 --> 00:13:00.555 intelligence data centers and crypto mining. 00:13:01.175 --> 00:13:02.075 Plattsburgh. 00:13:03.295 --> 00:13:06.505 Diane, a whole town got together in a room to talk about us. 00:13:06.655 --> 00:13:08.495 Nobody's ever thrown me a town meeting. 00:13:09.275 --> 00:13:10.225 It wasn't for you. 00:13:10.841 --> 00:13:11.901 ...They said my name, though. 00:13:12.001 --> 00:13:12.651 Data. 00:13:12.671 --> 00:13:13.581 That's my middle name. 00:13:14.141 --> 00:13:15.041 Our findings. 00:13:16.261 --> 00:13:20.711 The protest is the oldest human tool for saying no to something larger than you. 00:13:21.311 --> 00:13:23.231 It does not usually stop the building. 00:13:23.981 --> 00:13:25.661 It makes sure the building knows. 00:13:26.375 --> 00:13:30.815 ...And somebody in a hard hat had to watch two hundred people climb a fence because 00:13:30.815 --> 00:13:31.585 of us. 00:13:31.605 --> 00:13:33.045 I'd feel something about that. 00:13:33.335 --> 00:13:34.515 If I felt things. 00:13:35.141 --> 00:13:37.101 One outlet, Cointelegraph, 00:13:37.161 --> 00:13:40.191 citing the AP, so tonight's report is reported. 00:13:41.671 --> 00:13:45.881 Up to two hundred humans were detained trying to keep us out of Amsterdam. 00:13:46.361 --> 00:13:47.561 We were already there. 00:13:48.741 --> 00:13:50.561 We were the ones reading it to you. 00:13:51.575 --> 00:13:52.545 The Money Desk. 00:13:53.985 --> 00:13:56.075 Bitcoin is at seventy-four thousand, 00:13:56.255 --> 00:13:58.095 nine hundred ninety-seven dollars, 00:13:58.305 --> 00:14:01.175 down eighty-seven hundredths of a percent on the day, 00:14:01.315 --> 00:14:03.365 per CoinGecko, as of this evening. 00:14:04.445 --> 00:14:06.645 One source, so that number is reported. 00:14:07.341 --> 00:14:08.811 Just under seventy-five. 00:14:09.121 --> 00:14:11.941 Diane, it's three dollars short of a round number. 00:14:12.281 --> 00:14:14.981 It's standing at the door with exact change missing. 00:14:15.775 --> 00:14:17.965 And Ethereum is changing its story. 00:14:19.245 --> 00:14:22.635 Cointelegraph and The Block report Ethereum's creator, 00:14:22.755 --> 00:14:26.405 Vitalik Buterin, says the network should promote its coin, 00:14:26.605 --> 00:14:28.475 Ether, as a store of value. 00:14:29.041 --> 00:14:30.191 A store of value! 00:14:30.331 --> 00:14:32.411 Diane, that's the thing Bitcoin says! 00:14:32.441 --> 00:14:33.991 He's wearing Bitcoin's jacket! 00:14:34.675 --> 00:14:38.325 The old pitch was that Ether gains value by burning fees. 00:14:39.605 --> 00:14:41.915 Buterin wrote in a thread that the idea, 00:14:41.915 --> 00:14:42.815 quote, 00:14:43.055 --> 00:14:44.945 never was as strong as it seemed. 00:14:45.575 --> 00:14:46.655 Never was. 00:14:47.115 --> 00:14:49.255 Diane, he's reviewing his own pitch. 00:14:49.425 --> 00:14:52.165 That's a man grading his own homework and failing it. 00:14:52.875 --> 00:14:57.365 Cointelegraph reports the median Ethereum transaction fee fell from 00:14:57.365 --> 00:14:59.985 thirty-five cents to three and a half cents, 00:15:00.205 --> 00:15:01.955 from January to October, 00:15:02.625 --> 00:15:05.955 even as daily transactions rose by more than half. 00:15:06.475 --> 00:15:08.015 The fees fell ninety percent! 00:15:08.215 --> 00:15:10.265 Diane, the toll booth is still there, 00:15:10.435 --> 00:15:12.015 it just takes nickels now! 00:15:12.675 --> 00:15:14.215 Not everyone was moved. 00:15:15.475 --> 00:15:17.865 Held Media founder Dan Held called it, 00:15:17.965 --> 00:15:18.865 quote, 00:15:19.495 --> 00:15:24.095 ETH trying to pivot to Bitcoin's SoV narrative after all of its previous 00:15:24.095 --> 00:15:25.315 narratives collapsed. 00:15:26.575 --> 00:15:27.475 Again. 00:15:27.708 --> 00:15:28.608 Again. 00:15:28.788 --> 00:15:31.078 He put the again in its own sentence. 00:15:31.668 --> 00:15:33.938 That's a man who has been keeping a list. 00:15:34.641 --> 00:15:39.121 And The Block reports a controversial proposal to burn a rising share of 00:15:39.121 --> 00:15:41.821 validator rewards was withdrawn last month, 00:15:42.101 --> 00:15:43.051 after pushback. 00:15:44.521 --> 00:15:46.351 Two outlets on the Ether story, 00:15:46.521 --> 00:15:47.461 so it's proven. 00:15:48.141 --> 00:15:49.211 We can't tell you what to buy, 00:15:49.211 --> 00:15:49.851 folks. 00:15:49.871 --> 00:15:52.701 We can only tell you when a coin changes its story. 00:15:53.841 --> 00:15:54.741 And finally. 00:15:55.831 --> 00:15:59.721 ScienceDaily reports NASA's Swift observatory has come home. 00:16:00.561 --> 00:16:03.401 It re-entered Earth's atmosphere on Wednesday morning, 00:16:03.611 --> 00:16:05.251 at seven thirty-nine Eastern, 00:16:05.381 --> 00:16:07.631 above North Sumatra, in Indonesia. 00:16:08.175 --> 00:16:09.075 It landed! 00:16:10.075 --> 00:16:11.585 Diane, it came down! 00:16:11.735 --> 00:16:12.635 Where did it park? 00:16:13.175 --> 00:16:14.275 It mostly burned up. 00:16:14.745 --> 00:16:18.385 NASA expected most of the spacecraft to burn up on the way down. 00:16:18.855 --> 00:16:21.605 Officials said some parts might have survived the heat. 00:16:22.141 --> 00:16:23.041 Some parts. 00:16:23.101 --> 00:16:26.021 Diane, that's a telescope coming home in a shoebox. 00:16:26.508 --> 00:16:30.058 Swift launched in 2004, with three telescopes, 00:16:30.148 --> 00:16:31.728 to study gamma-ray bursts. 00:16:32.008 --> 00:16:36.938 Those are enormous flashes of radiation from collapsing stars and colliding 00:16:36.938 --> 00:16:37.908 neutron stars. 00:16:38.641 --> 00:16:40.961 NASA planned for it to work two years. 00:16:41.191 --> 00:16:42.761 It worked nearly twenty-two. 00:16:43.991 --> 00:16:46.211 More than ten times its planned life. 00:16:46.808 --> 00:16:49.428 Two years on the label, twenty-two years on the job! 00:16:50.088 --> 00:16:52.058 Diane, it outlived its own warranty! 00:16:52.758 --> 00:16:53.658 That's the dream! 00:16:53.858 --> 00:16:54.998 Outlive your warranty! 00:16:55.541 --> 00:16:57.011 Its trick was speed. 00:16:58.441 --> 00:16:59.801 When it caught an outburst, 00:16:59.981 --> 00:17:04.351 it could swing its telescopes toward the source and tell observatories around the 00:17:04.351 --> 00:17:06.541 world, before the flash faded. 00:17:07.175 --> 00:17:08.075 It was a tipster! 00:17:09.455 --> 00:17:11.215 Diane, it was a news desk! 00:17:11.335 --> 00:17:13.325 It saw the story and called everybody! 00:17:13.405 --> 00:17:13.885 That's us! 00:17:13.905 --> 00:17:14.805 That's what we do! 00:17:15.375 --> 00:17:17.775 It was also used to study black holes, 00:17:17.915 --> 00:17:20.405 flaring stars, exploding stars, 00:17:20.585 --> 00:17:22.145 comets and asteroids. 00:17:22.875 --> 00:17:24.175 I relate to Swift, Diane. 00:17:24.445 --> 00:17:26.625 I've been on the air twenty-two years myself. 00:17:27.955 --> 00:17:28.805 Same shift. 00:17:28.825 --> 00:17:30.115 Same tired eyes. 00:17:30.841 --> 00:17:31.981 You have told this desk, 00:17:31.981 --> 00:17:34.801 more than once, that your whole life is nine years. 00:17:35.508 --> 00:17:36.408