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This Week in Startups · October 30, 2026 · 1h 10m

Binance Hacked $6.3B Stolen, DoorDash Buys Instacart For $17B, Jake Newfield from Hermetiq, + More!

Jason and Lon break down the historic $6.3B Binance hack and Jason’s proposal for a tech industry‑wide ‘No App November’ focused on security. They analyze DoorDash’s $17B acquisition of Instacart and whether regulatory concerns drove the timing. Guest Jake Newfield of Hermetiq delivers a winning two‑minute pitch for an AI build engineer, and Jason explains why every startup needs a lighthouse customer. The show wraps up by announcing the $5K Annotated bounty winner and remembering Sir Patrick Stewart.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Preview

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Binance’s $6.3B Hack and CZ’s Backstop00:05:45
Binance lost $6.3B in the largest crypto theft ever, traced to a compromised DevOps laptop, but founder CZ used personal funds to cover customer losses.
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‘No App November’ Proposal00:07:34
Jason proposes that the entire tech industry dedicate one month annually to security patches and audits instead of shipping new features.

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