🇧🇷 LULA WINS A FOURTH TERM AND BRAZIL’S ETF PLUNGES NEARLY 20% IN A SINGLE NIGHT
Lula beat Flávio Bolsonaro with 51.8% of the vote, securing a fourth term after an unprecedented comeback. The EWZ ETF dropped as much as 19.6% in US overnight trading as investors worried about government spending and debt, but that was a thin-liquidity session, and the real market reaction will only show on Monday.
🔥SSV LABS PROPOSED MAJOR DEVELOPMENT CUTS, AND THE DAO STILL OWES 1.74 MILLION SSV
Proposal DIP-59 (submitted Oct 21) shifts the focus from new products to maintenance, security, and Ethereum upgrade compatibility, with a commitment extended to June 30, 2027, as the DAO faces financial pressure. It’s only a proposal for now, and the DAO will vote on it. Should the DAO approve or reject it?
🚨 CZ WARNED: “BE EXTRA CAREFUL VISITING ANY WEBSITE IN THE NEXT FEW DAYS.”
Two critical vulnerabilities (CVSS 9.2) have been exposed in the core of PHP, the foundation of WordPress, Magento, Joomla and more, letting attackers run code on servers without logging in. The patch dropped on Oct 21, but many admins haven’t updated yet, so even a familiar website could be used to steal your login credentials.
Over the next few days, update your browser, turn on 2FA, and be cautious about entering passwords or connecting your crypto wallet.