Largo

@Kalshi a living breathing case study of sunk cost fallacy he’s been saying this since >$10 so at this point he just has to stick with it

JUST IN: Peter Schiff says Bitcoin will crash "close to zero"

@realTomBayes send the lawyers to jail imo

FTX is in the middle of a brutal bank run. John Ray files Chapter 11. Ten minutes later, the final funding commitment arrives — enough to cover the entire shortfall. The bankruptcy can’t be undone. Three years on: 98% of customers repaid in full, with 20% interest. The money was never stolen. It was temporarily illiquid during a bank run, the same condition that collapsed Silicon Valley Bank in 2023.

@HighyieldHarry this would be absolute cinema

Imagine getting jury duty for this.

wen polymarket airdrop

@KamrynOhly @shayne_coplan @AnthropicAI @Polymarket @predictionbench paper trading 😭

Our team is stunned. We gave Claude Opus 4.6 by @AnthropicAI $10k to trade on @Polymarket. It’s now has an account value of $70,614.59. This is a new era of model performance in trading and predicting outcomes in the face of uncertainty. @predictionbench

@litcapital even more bullish on Google - I can’t see a way Google isn’t a winner in a big way from all this in a few years

The Gemini team seeing Google invest in their largest competitor

@devjoshstevens @SuhailKakar @Polymarket the people need you, I believe in you pls deliver 🙏🏻

This is my 3rd week as VP of Engineering DeFi at @Polymarket , and I'm going to be straight: the traction @Polymarket has seen has massively outpaced our infrastructure, and we haven't done nearly enough to scale to keep up. I hear you, and fixing this is our entire focus. We're a major company now, and we need to engineer like one. Here's exactly what we're doing: - Onchain data latency. We're working on making this near-instant so the experience is incredible. - Chain migration. We need more block space, cheaper gas and much smaller block times so settlement is instant. - Transactions are getting cancelled. We understand this is one of the most frustrating issues right now, and we have a complete fix coming very soon. - Massive focus on the website to make it faster, more responsive, and with better UX. - We added observability everywhere. Proper alerting so we catch issues ourselves, market makers should not be the ones telling us something is down. That's been unacceptable, and we know it. - E2e tests throughout, starting with the CLOB, so issues get caught in CI before anything ships. - CLOBv2 is not a rewrite. It won't improve performance or stability on its own; it's an upgrade that unlocks us to move fast right after. We'll do better with communication next time. - We are rebuilding the CLOB from the ground up. Most important thing we're doing. Without it, we can't be the best DeFi exchange in the world. We know it, we're on it, it's mission critical. - Unified TypeScript SDK for all APIs, which is shipping soon. - Unified API. One WS connection for everything, with a schema that's actually readable. - New Polymarket contract in the works that unlocks things that are simply impossible on the current protocol. - New hires: Head of QA Automation, Head of Dev Tooling, Head of Internal Tooling, Head of Data Engineering. - Smaller, dedicated teams. Fewer focus points per person, clearer ownership. People do what they're good at and are accountable for it. - Working closely with customer support to give them real debugging tools so any user issue gets properly diagnosed, not lost. - Proper communication with marketing and market makers so everyone knows what's coming and when, and MM can submit feature requests with a clear path to get them into engineering and shipped. - Working with 4 security teams daily to ensure we're super secure and that funds are always safe. - Perps incoming. Brand new contracts and a backend built from scratch in Rust. We're proud of this one. - A lot of other fixes are running in parallel right now. Starting next Friday, I will be posting weekly engineering updates. I joined because I genuinely believe in what @Polymarket is trying to do. @shayne_coplan built this so the world has somewhere to go to find out what's actually going to happen, not what the media thinks, not what a pundit says, but what thousands of people are willing to put money on. But right now, our engineering isn't living up to that. We've let people down, and I'm not going to dress that up. I came here to fix it, and that's exactly what we're going to do. The next few months are going to speak for themselves. Stay with us.

@RyanSAdams @toly there’s just little incentive to go public with all the extra requirements and hassle, yes it’s the fault of regulation

This is an absolute indictment of American Capital Markets. Our best companies are closed to the public. Only wealthy have access. You can blame the billionaires all you want, but the truth is regulation made this so.

@StockMKTNewz Tim Cooked with this

Never forget that Tim Cook was in charge of Apple when they created this

@GarrettPetersen is this even a crime?

You should get a reduced sentence if your crime is funny.

@jussy_world so you're saying I can fund a venture hack studio and hedge some of the risk that I fail on polymarket? this is the future

Now hackers can literally make more money By insider trading their own hacks on Polymarket On the market: "when will another $100M hack happen?" This industry is a joke 😭

@_BoldPolitics literally a quick google would have fact checked some of this stuff to save you embarrassing yourself

Time to take the fight to Palantir.

@BullTheoryio lawyers also billed over 1b in fees btw

SAM BANKMAN FRIED PICKED EVERY WINNER OF THE 2020s AND HIS LAWYERS SOLD THEM ALL AT THE BOTTOM. If the FTX estate hadn't panic-sold its assets during bankruptcy, SBF would be sitting on a $114 billion empire today. Instead, he is watching the greatest trades of the decade from a prison cell. The data is almost impossible to believe: - Anthropic: $82.3 billion (165x) SBF bought an 8% stake for $500M. The estate sold it for $1.3B in 2024. Today, that stake would be worth over $80B. - SpaceX:$15 billion (75x) A massive stake liquidated early to pay creditors. - Solana: $5.1 billion (27x) SBF was an early backer at $8. The estate offloaded a massive chunk at $64. - Robinhood: $4.9 billion (8x) - Genesis Digital: $3.5 billion (3x) The Latest "Missed" Fortune: CURSOR In 2022, Alameda Research wrote a tiny $200,000 check for a 5% stake in the AI startup Cursor. In April 2023, the bankruptcy estate sold that entire stake back for exactly what they paid: $200,000. Yesterday, SpaceX announced a deal to buy Cursor for $60 billion. That "worthless" 5% stake would be worth $3 billion today. That is a 15,000x return that vanished because the lawyers wanted a quick exit. SBF was a genius at picking generational winners and a criminal at managing their money. The lawyers recovered $18 billion for users. If they had just held, they would be sitting on $114 billion and the most valuable venture portfolio in history.

@echetus I’m so on board with banning it

If they had invented Microsoft Excel in 2026 there'd be a campaign to ban it.

@WatcherGuru @cryptogems555 send the bankruptcy lawyers to jail

If Sam Bankman-Fried's FTX didn't liquidate its investments following its collapse, it would still hold: • Solana: $5.1 billion (27x) • SpaceX: $15 billion (75x) • Cursor: $3 billion (15,000x) • Robinhood: $4.9 billion (8x) • Anthropic: $82.3 billion (165x) • Genesis Digital: $3.5 billion (3x) Estimated Portfolio Value: $114,000,000,000

@7PU bug bounty final boss

such a sad world we live in where innocent pentesters such as Park Jin Hyok are wanted by the FBI for conducting free cybersecurity audits in companies 😢 FREE PARK JIN HYOK. IT'S NOT A CRIME TO BE A PENETRATION TESTER!!!!!!

@GBPolitcs based

🚨NEW: The House of Commons has rejected a ban on social media for under 16s for a third time

@SkyNews as a general rule things like this are a giant waste of time. if rules are largely unenforceable, there is no point. no doubt billions will be spent trying to bring this in to no real societal benefit.

Health Secretary Wes Streeting has hailed a "historic moment for the nation's health" after a law to create a "smoke-free generation" cleared parliament trib.al/e0YC7R9

@freddienew at least USD can say it's backed by the US economy and military. GBP, not so much.

Bitcoin is actually the best form of money, but who's keeping track. Why peg your token to a currency that central and commercial banks can dilute and debase, where your transactions can be arbitrarily blocked, and where third parties can freeze your money? No thanks.

@freddienew @brian_armstrong came here to make the exact same comment

@brian_armstrong Bitcoin is actually the best form of money, but who's keeping track

Stablecoins are the best form of money; they're coming to the UK.