“Q-Day”: China Could Unleash Quantum Assault on Bitcoin and America

Charlie Munger’s final years

U.S. faces quantum Bitcoin threat

Afghan shoots National Guardsmen

Munger abandoned a Montecito mansion he designed himself, opting to stay in his old Los Angeles home that was so dated it lacked central air.

Munger pulled off one of his most surprising trades, making over $50 million on coal stocks he’d dismissed for decades, telling friends he’d “finally given the devil his due.”

Munger turned two young neighbors—Reuven Gradon and Avi Mayer—into partners, helping them build Afton Properties into a multibillion-dollar real estate empire.

Food habits became ritual with Friday potlucks at Afton, Costco hot dogs and In-N-Out burgers smuggled into his hospital room.

His final call with Buffett was short and warm, a few jokes, some gratitude, and Munger’s last reminder that Berkshire’s culture outshined both of them.

⭐ Editor’s Pick: The UK's Labour government unveiled £26 billion in tax hikes to a record 38% GDP burden by 2031, while boosting welfare by £9 billion and migration costs. (BN)

U.S. Initial jobless claims plunged to a seven-month low of 216,000 last week. (RTS)

U.S. core capital goods orders surged 0.9% in September, exceeding forecasts and signaling a manufacturing rebound. (USN)

China's industrial profits plunged 5.5% in October, the steepest drop in five months. (CNBC)

⭐ Editor’s Pick: Morgan Stanley served up three Thanksgiving-themed stock picks—BellRing Brands and Smithfield Foods, plus toy giant Hasbro—poised for holiday gains amid seasonal demand. (BI)

DA Davidson's Gil Luria spotlighted Snowflake, Datadog, and JFrog as prime tech buys beyond AI, citing their indispensable data roles. (BI)

Analog Devices is emerging as a pivotal enabler of AI infrastructure across the industrial sector, justifying a buy rating for investors, according to Seeking Alpha. (SA)

Zacks Investment Research crowned Kinross Gold its Bull of the Day, spotlighting robust Q3 earnings growth and a forward P/E of 13.3 amid gold's rally. (ZCK)

⭐ Editor’s Pick: Eric Schmidt’s former mistress accuses the ex-Google CEO of rape, hidden-camera surveillance, and physical abuse in explosive new court filings. (NYP)

Apple's iPhone shipments are poised to eclipse Samsung's for the first time in 14 years, with 243 million units projected in 2025 against Samsung's 235 million. (CNBC)

FBI seized a $13 million Mercedes-Benz CLK-GTR "unicorn"—one of just six ever built—from the syndicate of ex-Olympic snowboarder Ryan Wedding, now a fugitive cocaine kingpin. (ZH)

Cybercriminals are weaponizing AI-driven ads for bogus holiday travel deals—slashing up to 50% off luxury getaways—to lure victims into divulging data or funds. (CI)

⭐ Editor’s Pick: Robinhood acquired a 90% stake in FTX-linked MIAXdx for an undisclosed sum, bolstering its push into prediction markets. (CT)

Tether CEO Paolo Ardoino slammed S&P’s downgrade of USDT to the lowest stability rating, proudly touting the firm’s overcapitalized, clean reserves. (X)

Grayscale filed with SEC to launch the first U.S.-listed Zcash ETF, converting its trust into a spot fund for the privacy coin. (TB)

Bitcoin relies on Elliptic Curve Digital Signature Algorithm (ECDSA) over the secp256k1 curve to secure wallets and prove ownership. 

A sufficiently powerful quantum computer running Shor's algorithm could solve the discrete‑logarithm problem underlying ECDSA — meaning a quantum attacker could derive a user’s private key from a public key. 

Once a private key is exposed, that attacker can forge signatures and move funds, effectively emptying wallets.

China has poured billions into state-run quantum labs and already leads the world in several quantum benchmarks.

Some estimates suggest that 20–30% of all Bitcoin supply could be vulnerable on a future Q-Day — with China uniquely incentivized to weaponize that capability.

⭐ Editor’s Pick: An MIT study claims that existing AI tech can already supplant 11.7% of the U.S. workforce—equivalent to $1.2 trillion in annual wages. (CNBC)

Chinese tech giants like Alibaba and ByteDance are shifting AI model training to Southeast Asian data centers to access restricted Nvidia chips. (FT)

Bezos’s Project Prometheus, a $6.2 billion AI venture targeting manufacturing support, acquired agentic AI startup General Agents to bolster its computer agent tech. (WIR)

A new study finds AI models analyzing mammograms outperform traditional breast density assessments in accurately stratifying five-year breast cancer risk. (INN)

⭐ Editor’s Pick: Internet users mocked Iran's Kish Inox Tech Expo after organizers paraded costumed humans as cutting-edge AI humanoid robots. (JPOST)

Alibaba's Quark S1 AI glasses, priced at $536 in China, go on sale with Qwen AI integration for real-time translation, meeting notes, undercutting Meta's $799 Ray-Bans. (CNBC)

China will deploy humanoid robots for security patrols at Vietnam-border crossings in Guangxi. (IE)

Amazon's U.K. fulfillment center deploys AI-powered robots as "Christmas elves" to automate sorting, packing, and inventory tasks. (CBS)

⭐ Editor’s Pick: U.S. Space Force kicked off the Pentagon's Golden Dome missile-defense initiative by awarding prototype contracts for boost-phase space-based interceptors. (IE)

LandSpace readies China's first orbital launch and vertical booster landing with its reusable Zhuque-3 methane-fueled rocket this weekend. (SN)

U.S. flexed muscle with Target Arm’s RALAR robotic launcher-retriever, enabling moving vehicles to hurl and snatch drones mid-air. (NGD)

The Pentagon proposed adding Alibaba, Baidu, and BYD to its list of companies tied to China's military. (BBG)

⭐ Editor’s Pick: San Francisco Compute, the marketplace matching idle GPUs with AI workloads, raised $40 million Series A at a $300 million valuation led by DCVC. (WSJ)

CoPlane raised a $14 million seed round led by Ribbit Capital to infuse AI into antiquated ERP systems. (AX)

Startup Onton raised $7.5 million in seed funding led by Footwork to overhaul online shopping with AI that aggregates web data into product listings. (YF)

Lakanwal entered the U.S. in 2021 under Biden’s Operation Allies Welcome humanitarian parole, and later had his asylum application approved during the Trump administration.

D.C. officials said the assault was targeted, with the gunman rounding a corner, raising his firearm, and firing at point-blank range before being subdued within moments.

Lakanwal shouted “Allahu Akbar” during the attack, according to journalist Julio Rosas.

Authorities are probing the attack as terrorism, as both West Virginia National Guardsmen remain in critical condition.

Hegseth said Trump ordered 500 more troops to D.C., declaring the attack would “only stiffen our resolve” to keep the capital safe.

Trump condemned the shooting as a “savage” ambush, calling it “an act of evil… an act of terror… and a crime against humanity,” and vowing the attacker will “pay the steepest possible price.”

⭐ Editor’s Pick: Georgia prosecutors dropped the 2020 election interference case against Trump and 18 co-defendants. (FOX)

The European Parliament endorsed mandatory digital IDs, a move decried as an assault on online anonymity and free expression. (RTN)

The USDA plans a sweeping overhaul of its SNAP benefits program aligned with the "Make America Healthy Again" agenda. (FBN)