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Crypto traders betting against bitcoin had a brutal week. Bears lost a record two point seven four billion dollars in a single day as bitcoin pushed toward seventy thousand dollars. The trigger appears to be the Treasury doubling its bond buybacks, which sent short positions across nearly every major token into a forced unwind — ether alone jumped eighteen percent.
Meanwhile, Tesla's robotaxi program is facing a harder question than just market performance. A passenger in Austin filmed their driverless car plowing straight through a row of plastic bollards and continuing on as if nothing happened — this while Tesla is preparing its purpose-built Cybercab for public roads. The company calls its safety record impeccable, though that framing is getting harder to sustain when the evidence is riding in the back seat filming it.
On the security front, researchers presented findings at SummerCon showing that Apple's Rosetta two translation layer — the bridge that runs older Intel software on Apple Silicon — can be exploited to smuggle and execute malware. It's a reminder that compatibility layers carry hidden attack surface, and that the seams between architectures are exactly where adversaries look first.
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