99% of the #BSV community still doesn’t follow me. So many of us on X.
Join the community on telegram 😏
t.me/+T3VjrdlQ1kYwM2Ux
Captain retweeted
The internet is going into a LOCKDOWN.
Hundreds of millions of websites are potentially at risk from cyberattacks.
Governments, banks and major platforms have already taken their websites OFFLINE.
Many are already calling it “Black October.”
At the centre of the shutdowns is something most of us have never heard of, but use every day.
PHP, the software behind roughly 7 in 10 websites, has two critical flaws that can let hackers break in without a password.
Dubbed PHP2Shell, both are rated 9.2 out of 10 for severity.
Details began circulating on Oct 20. Emergency fixes arrived the next day, but attackers were already moving.
Cloudflare’s CEO says hacking attempts then jumped from thousands to MILLIONS within hours.
Cybersecurity agencies across several countries are telling PHP site owners the same thing: Patch it now, or take it offline.
Websites have gone dark worldwide, from government portals and hospitals to banks.
CrowdStrike warns these attacks leave almost no trace, so some sites may not know if they’ve been hit.
Around 2.6 MILLION internet-facing servers run PHP, potentially hosting hundreds of sites each.
Over 1.1 million use older versions no longer receiving official PHP updates.
Older installations may need an upgrade to a supported PHP version or a fix from their software provider.
And patching does not remove a backdoor an attacker may already have planted.
Cloudflare also says hackers are now tweaking their attacks to try to slip past its protections.
But PHP isn’t the only security story unfolding.
-Japan’s Onamae suspended ALL Desktop Cloud plans after malware was found on customer servers.
-India’s eMudhra had 8 website-certificate keys so weak, one was literally the number “4”.
-State Bank of India confirmed 3,897 customer records on the dark web.
-Criminals used AI agents to break into 400+ Latin American banks.
-Capcom confirmed a breach exposing 11.7 million email addresses.
-GitLab disclosed a 10/10 severity flaw in versions going back to 2014.
-LiteLLM removed a malware-containing release. Railway reported possible exposure of customer secrets.
None of these has a confirmed link to PHP2Shell.
We’re seeing separate breaches unfold together.
The true number of incidents could take months to come out.
The world is still on alert. Attacks are still coming.
I’ve just airdropped an additional 23,000 #BSV Sats across all active LocalBSV wallets. 🫡
bananablocks.com/tx/6f091fb4…
Captain retweeted
Happy Birthday, Dr. Craig Steven Wright.
Born October 23, 1970.
The most educated polymath of all time, a modern-day Andrew Carnegie.
We salute you, sir.
Community tribute (birthday party style):
youtu.be/JzLjo3X2WHg
Captain retweeted
#BREAKING: FBI busts $2B medical fraud rings in California as agents scale doctor's mega-mansion.
I told y’all that if you didn’t support LocalBSV, things would eventually go sideways. Now we’re watching the very problems I warned about become part of the conversation.
I built an Agentic Feedback Framework that could have helped protect infrastructure against unauthorized actions and failures involving autonomous agents. I shared the work. The opportunity was there. Yet it was dismissed.
My return came at a moment that felt like clockwork. Sometimes you spend years building solutions to problems people haven’t recognized yet, only to watch those problems become impossible to ignore.
So here we are, talking about gates, identity infrastructure, and who gets to find whom.
Two paths. One requires a gate. Both lead to the same destination.
You decide whether LocalBSV gets the support it needs to continue building, and ultimately, what kind of world you want to help create. One where people need permission to connect, transact, and build, or one where the infrastructure empowers them to do so independently.
The gates are a choice. They are not inevitable.
I built an alternative. It’s there for anyone willing to look. 🫡
Governments and companies around the world shut down websites as they raced Thursday to protect themselves from hacks after artificial intelligenceuncovered critical flaws in a widely used programming language called PHP.
insiderpaper.com/websites-go…
Captain retweeted
Major U.S. banks are detecting unauthorized AI agents accessing customer accounts, sometimes acting beyond user instructions.
JPMorgan, Bank of America, Citi and Morgan Stanley are restricting access amid concerns over unauthorized transactions and fund transfers.
Source: Axios
A platform’s database can track transactions and UTXOs as they are broadcast to the mempool. The idea that wallets cannot scale, or that scaling will somehow prevent platforms from surviving, is fear-mongering in my view.
We don’t need a replacement system that centralizes identity and makes one protocol responsible for solving a problem that applications can already handle themselves. The responsibility of an application is to track economic activity, maintain records of UTXOs, and manage transaction chaining at scale. That is an engineering problem, not an existential threat to Bitcoin.
The argument that applications will eventually break unless everyone adopts identity infrastructure so Alice can find Bob is built on assumptions I simply don’t agree with. P2PKH addresses will continue to exist. They are fundamental to Bitcoin’s design, and their existence is not what breaks the system.
Applications do not need to share the same wallet or depend on a common identity layer to discover transactions and UTXOs. In my view, the design constraint comes from assuming that they do. BRC-100 seems to push an approach that introduces dependencies where they are not necessarily required.
LocalBSV already pays for indexing services on behalf of its users. We track economic activity, manage UTXOs, and build infrastructure around the needs of the application. I firmly believe LocalBSV can continue to scale without making its survival dependent on another identity system.
Have we thoroughly tested these assumptions? Have we logically examined whether the problem actually exists in the way it is being presented? Or are we selling people a solution by convincing them their applications will eventually break without it?
I can find my peers through a single address just fine.
Sometimes the solution is much simpler than the sales pitch. Build the application. Track the UTXOs. Let Bitcoin do what Bitcoin was designed to do. Not every engineering challenge requires another protocol.
I appreciate @ProjectBabbage attempt, and it seems more practical to use in a worst-case scenario, which doubtfully won’t ever arrive, but fearmongering that wallets will break should be acknowledged as a marketing attempt rather than a logical, definitive conclusion. It’s a good sales pitch that has attracted many to the BRC-100 ecosystem. I just don’t call it a solution or visibly transparent.
Captain retweeted
27% of unemployed Canadians have now been out of work for six months or longer, per Bloomberg.
Captain retweeted
BREAKING: More than 30 UK government services have gone offline, with four others partially unavailable, amid a global cybersecurity issue involving PHP
Captain retweeted
BREAKING: China’s stock market has officially entered BEAR MARKET, wiping out ¥12 TRILLION ($1.75T) since its June peak.
The CSI 300, which tracks China’s 300 largest companies, has now crashed 20% from its June peak, officially putting the index in a bear market.
The index is now trading at its lowest level in 15 months after falling for 10 straight weeks, its longest losing streak on record.
Fading stimulus hopes, weak earnings and the global AI selloff are piling pressure on Chinese stocks.
Retail investors drive ~90% of China’s daily trading, per HSBC, compared with ~20-25% on the NYSE, making sell-offs faster and sharper.
State-backed funds have reportedly stepped in to support the market, but the selling continues.
China’s AI trade is now taking a beating.
Captain retweeted
⚡️UPDATE: Hackers tried to exploit PHP2Shell 4 days before the flaws went public, per AWS.
AWS says they're now "being broadly exploited in the wild," though it's unclear if any attempts succeeded.
Germany, Belgium and Czechia have also pulled government sites offline over the flaws, per Reuters.
In the Netherlands, the Port of Rotterdam and several hospitals took their sites down too.
Wikipedia's operator has also shut down some of its systems until they can be patched.
🚨ALARMING: Up to 70% of the world's websites could be at RISK after AI researchers uncovered PHP2Shell, a CRITICAL security flaw in PHP, per WSJ.
The vulnerability could allow hackers to hijack unpatched servers, steal sensitive information and launch attacks against website visitors.
PHP is widely used by WordPress, government portals and e-commerce websites.
Two reported vulnerabilities carry a SEVERE 9.2/10 rating and could allow attackers to remotely execute malicious code without authentication.
The latest developments:
🇫🇮 FINLAND: Shuts down state internet services over the security flaws.
🇳🇱 NETHERLANDS: National cybersecurity agency takes its website offline.
🇫🇷 FRANCE: Temporarily shuts down prefecture websites pending security fixes.
CLOUDFLARE ($NET): Reports early attacks and says protective changes are LIVE.
Emergency patches were released a DAY EARLY after vulnerability details leaked.
EU cybersecurity officials are urging IMMEDIATE patching and advising operators to take vulnerable sites offline if fixes cannot be applied.
The biggest concern is that AI could accelerate the development of exploits, potentially allowing hackers to weaponize the vulnerabilities before millions of websites can be secured.














