Poopooplatter

There is a fundamentally different depth to our greed.

[Liliana Hotsko @liliana_hotsko]

How do you give a code LLM knowledge of an entire repository without paying for it at every single query?

We introduce Code2LoRA: a hypernetwork that turns a repository into its own LoRA adapter. Repo knowledge baked into weights → zero inference-time token overhead.

[SamAlτcoin.eth ☀️ @SAMALTCOIN_ETH]

Saylor sold 32 $BTC, then said $ETH confidence collapsed.

Unfortunately, Tom Lee was in the room.

[Ethena @ethena]

The first product in the Ethena ✦ Coinbase collaboration is now live.

The @SteakhouseFi High Yield Vault has officially launched on @Coinbase, powered by USDe on @Morpho.

Coinbase's user base now has access to a best in class savings rate through the vault, live in the Coinbase App for users in the U.S. and abroad.

[Poopooplatter @0xPoops]

@Kunallegendd Great insights sir! Good to see the full picture!

[Kunal Doshi @Kunallegendd]

https://t.co/d22ntflI6e

[Flip @Flip_Research]

Continued from:
https://t.co/InDlvdK9R4

I sat staring at my Binance account balance: $300K .

It still didn’t feel real. $15K to $300K in a matter of months. This was starting to look like serious money. Part of me wanted to cash it all out and continue with my life.

But that was never going to happen- I’d been thinking about crypto almost every waking hour of every day, and that wasn’t a switch I could just turn off. I HAD to find the next deal.

VeChain came up in our chat. It had just ICOed, but we hadn’t given it serious thought because everyone was still so focused on WTC. I started looking into it properly, and wondered what I was missing.

A charismatic founder in Sunny Lu, former CIO of Louis Vuitton, fluent English, project launch in 2015, and a collaboration with PwC. They appeared to be doing what WTC was doing, only better. This was a far easier narrative to sell. The more I looked into it, the more I came to the realisation: this was the one.

There was only one small problem: there was no liquidity. VEN was only trading on a small exchange called Liqui, which is now entirely defunct. I had no idea who the owners were, whether it was safe, or whether I’d ever see my money again. But I had no other option, so I poured all my WTC gains onto the exchange.

I spent days staring at the order books, manually filling any sell orders I could find. By the end, I’d done it: over a quarter of a million dollars in VEN, at around a $300M market cap. This was either incredibly brave or completely insane. Perhaps both.

VeChain became my new obsession. I became a regular in the VEN Telegram channels, and eventually found my way into their whales group. My conviction bordered on fanaticism. VeChain would change the world.

Their marketing was on another level too, constantly hinting and teasing announcements. The market loved it. Mindshare grew, and so did the price.

In November, they got their first major exchange listing: Binance. The market cap jumped to over $1B. On paper, I was now sitting on over a million dollars, but it felt numb. Just numbers on a screen.

Then in December, a new account appeared on Twitter: “The Coca Cola Kid”. He would post hints about VeChain partnership announcements. When those hints started coming true, the community went wild. Every tweet he posted seemed to make the price spike.

It was incredible marketing. The market went into full mania mode. My bag doubled to $2M - I kept holding.

January 2018 was peak bubble. TradFi outlets were talking about VeChain. The discussions in the VeChain whales group were less about the project now, and more about watches and sports cars. I was starting to get nervous.

Coca Cola Kid was in full posting mode, teasing a big announcement. And the announcement turned out to be a big one: the VeChain staking program, the VeChain Thor mainnet launch, and a token swap from VEN to VET.

The next couple of days were quite possibly the wildest of my life

Off the back of the announcement, prices went parabolic, and so did my portfolio. I remember being out at dinner, and during the course of the meal my balance went from $3M to $4M - a day later, it was at $5M

This didn't feel real. Warning bells were ringing in my head, but I couldn’t bring myself to sell. The volatility wasn’t all good either. Within a few hours, the price dropped 30%, and I was down $1.5M from the peak.

Suddenly, the money felt much more real. It was devastating.

I decided it was time to sell.

At peak mania, my sells barely even moved the market. Late 2017/Early 2018 was the most magnificent market I’ve ever had the privilege to experience. Up only, with every ICO being profitable, just a modicum of DD needed.

A few K into the RedPulse ICO- 20x in a week. WaBi- 5x. $200K into the Titanium BAR ICO, flipped for a 25% gain on TGE despite being a trash tier project (it later turned out to be a complete scam, and I think the founder is still in jail)

Then there was Fusion. The founder was reportedly key to both VeChain and Qtum, but there was lots of skepticism over whether it was legit. So a friend and I arranged a video call with him. We literally didn’t listen to a word he was saying, all we cared about was whether his face matched the profile of who the founder was meant to be.

It checked out, so I threw $600K into the ICO...+50% in a week.

But it wasn’t all plain sailing. I also top-ticked one of the most hyped coins of the cycle, ICX, for a $200K loss.

Honestly, I think my biggest win of the cycle was being almost completely in cash by the end of February 2018. My entire social circle was piling into crypto. Family members were asking me to invest for them. It was time to get out. Maybe that was luck more than judgement, idk

Reflecting back, I think there are a few takeaways:

- The time you put in directly translates to the outcome. It’s hard to explain just how much time and effort I put into crypto during that cycle. My routine involved sleeping in 2–3 hour stints, so I was constantly switched on. Without that, I’m sure I wouldn’t have built the conviction I did in my positions.

- Inertia is a killer. If you think it’s time to buy or sell, just do it. Ask questions later.

- Plan for success in advance. I did no tax planning, and ended up giving a chunk of my profits to the taxman.

- Being a lone wolf is incredibly tough. ALWAYS find a group if you can. Multiple perspectives, different information channels, and shared motivation matter. I simply couldn’t have done it without that support. It’s also why I’m building a social app now, to help CT make those connectionsa and find alpha amongst the noise.

- Don’t beat yourself up over the “what ifs”. I can always do the mental gymnastics to paint a picture of failure, but that’s human nature. Use it as fuel.

- This is a young man's game. Now I'm older and with a kid, I just can't summon the same level of intensity and handle the level of risk that was needed to make it in that first cycle

While I've had decent success after this, I haven't experienced anything close to that first cycle again. It was truly generational. I suspect it's not the last time it'll happen, but when it does happen again, it'll take a very different form. Hope you found this interesting and somewhat useful, please like/rt etc. Thanks for reading

*Clarification*

After looking back at my tx history, I realised my previous dates on WTC were wrong. I bought WTC in early September 2017 and sold in October/November on the rumours of the staking program.

If I can make money while having the memory of a goldfish, you can too

[Poopooplatter @0xPoops]

@Kunallegendd @HyperliquidX @tradexyz Great analysis!

[Caster @CasterMarkets]

https://t.co/KNuwtgbcvo

[Poopooplatter @0xPoops]

@YashasEdu @ethena Hi May I know what is the commodity deltaneutral aspect you speak of? There is currently no gold spot or futures on the platform to hedge

[Caster @CasterMarkets]

https://t.co/yDVTViLJx8

[Clemente @Chilearmy123]

Ships in the Strait of Hormuz while they wait 45 minutes for the Bitcoin transaction to go through

[Haseeb ＞|＜ @hosseeb]

If you are in crypto, get all of the devices in your org on EDR. This is literally the one weird trick North Korea doesn't want you to do.

It's table stakes security, but vast majority of teams still don't do this.

Yeah you can do all sorts of fancy clean room offline transaction reconstruction shit, but it's extremely complex, and the vast majority of startups will never do anything remotely like this, so it's pointless to talk about it.

Much simpler: clean dedicated signing devices with EDR installed. If you don't know what it is, look it up. If that was an industry standard, DPRK's job would be 100x harder.

See @_SEAL_Org for more recs on opsec and multisig security. God bless the white hats 🫡

[Tim Copeland @Timccopeland]

Been thinking about this for a while. What if you created a stablecoin that was pegged to $1 but instead of inefficiently locking up loads of capital, you back it with a second token

I know it sounds kinda risky but if it drops below a dollar, people can burn the other token and redeem it for the stablecoin. If it goes above a dollar, they can just sell the stablecoin and redeem it for the other token.

I feel like this might work if it captures a flywheel and builds up a sufficient ecosystem to support the daily buying and selling pressure + arbs.

What am i missing here?

[Cuy Sheffield @cuysheffield]

Excited to share Visa CLI, the first experimental product from Visa Crypto Labs. Check it out and request access here

https://t.co/uxKKm2tB7y

[trade.xyz @tradexyz]

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid.

For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes.

The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale. 

SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain.

Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.

[Gwart @GwartyGwart]

Why don’t they just tokenize the oil in the Middle East and transport it across permissionless financial rails, thereby avoiding the Strait of Hormuz altogether

[Alexander Long @AlexanderLong]

insane sequence of statements buried in an Alibaba tech report

[Poopooplatter @0xPoops]

@yanndine Claude

[Tulip King 🌷 @tulipking]

Aave is one of the best projects in DeFi with the worst token alignment