GateUser-4c2ae961

Trust Wallet users are reporting drained wallets and CZ just warned about a fake site
Here's what's confirmed so far
- CZ shared a warning: "More phishing websites out there… .cam is not .com"
- the fake site is trastwallet[.]cam
- a researcher found its code can scan wallet balances and prepare transfers to hardcoded addresses
- signing was disabled when he checked it
Here's what is NOT confirmed
- a $1.1M iOS 18.5 exploit claim going around X
- one user saying 3,830 USDT left his wallet without approval
No official explanation for either yet
Until then
- bookmark the real site and only use t

Gold is up +0.8% while:
- Nasdaq -3.6%
- Bitcoin -5.7%
Digital gold is falling faster than the tech index while the actual gold goes up
LMAO 🥴

I checked what Bitcoin did over the 30 days after 15 of the Nasdaq's worst days since 2014
- Higher after 30 days: 9 of 15
- Average move: +4.3%
- Best: +42.0% (May 2017)
- Worst: -32.7% (October 2018)
So it's usually fine, except for the times it wasn't
(Small sample, NFA)

THIS IS ABSOLUTELY WILD!!! 🤯
$25,00,00,00,00,000 wiped from the U.S. stock market in just 60 minutes after Democrats called for a ban on AI.
That's roughly the entire market cap of the crypto market.
If pressure on AI companies grows, tech stocks and crypto could both face more downside.

🚨 BREAKING: A Democratic congresswoman wants superintelligent AI banned on day 1.
> Rep. Yassamin Ansari (Nov 4): it should be "top of the Democratic agenda on day 1."
> The bill: Sanders and Casar, announced Sept 3.
> Casar: "ban AI systems too powerful to control."
> Superintelligence banned. Advanced AI paused until a new regulator sets rules.
> New cabinet-level AI agency.
> Companies that evade it: "corporate death penalty."
> Individuals: up to 20 years in prison.
> NBC exit poll: 56% of voters called AI and data centers a crucial or major factor.
> It needs both chambers and a signatur

ANTHROPIC JUST DROPPED A PREDICTION MARKET TRADING BOT STRUCTURE 🤯
68.4% WIN RATE.
$300–$1,500 PER DAY.

gm, bull run in Q5

Crypto exchanges were supposed to make digital assets easier to access.
But 2026 is turning into a reminder of how fragile the infrastructure behind them can be.
On November 2, Mercado Bitcoin, one of Brazil’s largest crypto exchanges, confirmed a security breach.
Suspicious transfers reportedly began around 02:15 UTC across 10 blockchains.
Bitcoin.
Ethereum.
Solana.
Tron.
Polygon.
Arbitrum.
Avalanche.
BNB Chain.
Stellar.
Initial estimates put suspicious transfers at around $40M, while some Brazilian media reports suggest figures closer to $50M.
The actual attack vector remains unknown.
Mercad

A plausible path from a new strike to a Gulf water crisis (in order):
-US strikes Iran's energy sector
-Iran's military promises a response "without geographical restriction"
-Desalination plants become a target. In March, one in Kuwait was hit and a worker was killed
-Gulf cities depend on those plants for drinking water
Becomes void if talks through Qatar produce a deal first.

US MIDTERMS ARE TUESDAY. HERE'S WHAT BITCOIN HISTORY SAYS. 🇺🇸
After the last 3 midterms, BTC averaged +53.7% over the next 12 months.
The sample is 3 elections. The halving cycle may explain those rallies better than politics does.
we have scenarios:
DEMOCRATS TAKE A CHAMBER → FIGHTS OVER DEBT, DEFENSE AND CRYPTO POLICY
STATUS QUO → LITTLE CHANGES, MARKETS HAVE PRICED IN A SPLIT GOVERNMENT
Which one do you think we get?

THIS IS ACTUALLY INSANE! 🤯
France just voted to tax the internet by the gigabyte.
The amendment charges companies like Netflix and YouTube 5.5 cents for every GB they send to French users.
The finance committee rejected it on October 9.
Three weeks later, it passed on the floor by 11 votes to 10.
The government objected, but it passed anyway.
The Socialists say it raises €10 billion a year. The budget minister says €5 billion. The two sides can't even agree on what it's worth.
The tax hits the companies first, but if they pass it on, an average French home could pay about €14.70 more a month.

🚨 IRAN SAYS HORMUZ CAN REOPEN IN 2 DAYS.
Qatar is mediating. The catch: the US has to accept Tehran's conditions.
Three paths I'm watching:
US ACCEPTS → TANKERS MOVE → BRENT FALLS FROM ~$115 → INDIA'S FUEL BILL EASES
TALKS DRAG → STRAIT STAYS SHUT → BRENT STAYS BID → RUPEE UNDER PRESSURE
TALKS COLLAPSE → STRIKES RESUME → OIL SPIKES → RISK ASSETS SELL
Iran's FM calls the US outreach "a positive step." Nothing is agreed.
Which path do we get?

🚨 Big Tech earnings: the AI bill is now bigger than the cash coming in
Alphabet free cash flow last quarter: -$9.1B. The Street expected roughly breakeven. The stock had its worst day on record, down 13%.
Amazon free cash flow over 12 months: -$42.4B. A year ago it was +$14.8B. It still plans about $220B of capex this year, and more next year.
Intel grew revenue 21% and the stock still dropped about 30% at the open. The Q4 guide came in light, and it expects the PC slowdown to run through the first half of 2027.
SanDisk's revenue is up 378% from a year ago and the stock fell about 9% premark

This is what i pay my internet bills for 🤣