ALL OUT Financial Warfare — China Hacks U.S Fed and NASA

Chinese state-sponsored hackers spent years burrowing into the Federal Reserve, NASA, the DOJ, the US Senate, hospitals, power companies, and defense contractors — working for a private firm whose paying clients included China's Ministry of State Security and the People's Liberation Army. Meanwhile, closer to home in the Bitcoin ecosystem, a critical vulnerability hit Core Lightning, and developers are urging node operators to shut down or upgrade immediately while an emergency patch is prepared under a two-week embargo. In this episode: • Core Lightning critical vulnerability: Blockstream developer urges node operators to shut down now; developers are releasing signed binaries while keeping exploit details under embargo for two weeks after a wave of AI-generated CVE reports. • Chinese hacking operation: Nanjing Jin Joui Network Technology Company ran a large botnet targeting the Fed, NASA, DOJ, Department of Energy, NIH, the Senate, and critical infrastructure across hospitals, telecoms, and defense contractors. • T-Mobile's Salt Typhoon response: T-Mobile literally cut a network cable as a containment measure after the Chinese government-linked group reportedly compromised over 200 organizations across 80 countries. • US July PCE inflation data: Headline PCE came in at 3.7, above the 3.6 expectation, with core PCE at 3.3 — nearly double the Fed's 2% target — ahead of Kevin Warsh's first Jackson Hole appearance. • Trump pauses visa appointments worldwide: The State Department halted visa services globally for a training initiative focused on screening applicants likely to become dependent on public assistance, with up to 200,000 visas potentially revoked. • Canada trade war posturing: Ontario Premier Doug Ford and Toronto Mayor Olivia Chow both floated cutting electricity exports to the US as leverage, while the crew argues it would be economic suicide for Canada. • Dolly Parton and Tim Curry remembered: Both passed within 24 hours, prompting a broader conversation about lasting cultural legacy versus today's performative, AI-generated content. Watch the video version: https://youtu.be/qhqNsOMijg0