wayne_kombat

FTX Liquidators Sold Cursor Stake for $200K. SpaceX Now Offers $60B to Buy the Company In April 2022, Cursor developer Anysphere completed a $400k Pre-Seed funding round, with Alameda investing $200k for approximately 5% of the shares. This equity stake was sold at the original price ($200k) during FTX's bankruptcy liquidation. Based on Cursor's current market valuation (which has exceeded $50 billion in recent funding negotiations), the equity stake could be worth billions of dollars.

what happened to cobie's accent, man

kalshi ($22b valuation, CFTC-regulated, backed by coatue) just launched perpetual futures on hyperliquid infrastructure. $100b annualized volume trajectory running through $HYPE's order book. a regulated US exchange with ICE and FIS partnerships chose hyperliquid over building in-house. polymarket launched perps 2 hours later on acquired brahmaFi tech. the prediction market perps war is now a proxy war for settlement layer dominance and hyperliquid is the arms dealer to both sides of tradfi

Drift is a better product for many users And it has a far better financial foundation. See Spencer and David talks from MCC summit Our vision of a derivatives DEX is one massive collateral pool that supports all forms of risk transfer to maximize capital efficiency. No one else is even building that Meanwhile HL is a CEX and you’re comping it to a DEX. They haven’t even begun to address the hard engineering problems that come with making a system permissionless

Shorting hype because polymarket and kalshi are adding perps to the menu is like shorting chik-filA because dairy queen and starbucks are adding a chicken sandwich

Now we can long $HYPE with 6seconds latency, have Schrödinger’s inventory, profitable trades rolled back and receive an oracle 3 hours late 🤣