Bitcoin's down 25% YTD while tech hits new highs
Our Head of OTC Trading @JO_wintermute in @WSJ on what it would take to bring traders back:
"What we need to get people interested in crypto and Bitcoin again is probably some of the air coming out of the AI trade."
Well, looks like it’s that time of the year again for $COIN, $HOOD, $CRCL and co.
So much for a “friendly administration” and “strategic reserve” if they’re trying to ram through Bank Lobbied Clarity Act bills…
To ban any form of innovation or competition against banks, with things like yields.
And nuking liquidity as they go (but strengthens the USD)
Valuations do seem compelling again if you’re swing trading.
Just got curious about Polymarket Ghost Fill.
Quick recap: Ghost Fill exists purely because of the latency gap between off-chain matching/settlement and on-chain confirmation. You can get a trade filled off-chain, then invalidate/cancel the on-chain tx within that window. All the rumors saying you need high-performance RPCs or special hardware? Total myth. The window is roughly 3.2–4 seconds (realistic operable time might be a bit shorter). That’s more than enough even on free RPCs, cheap VPS, Python, or TypeScript. Just do some pre-signing + clever prep beforehand (honestly might not even be necessary — I haven’t A/B tested that yet).After pairing a couple strategies with Ghost Fill, their viability jumped dramatically. Makes me suspect a lot of the bots that were printing before were quietly exploiting stuff like minimum tick size violations, nonce attacks, etc. So the sharp liquidity drop we saw? Could be at least partly Ghost Fill finally getting used more widely… or Polymarket quietly patched the underlying issues and those bots just went dark.
All in all,the vulnerability makes the strategy profitable, rather than the strategy determining the profit.
I believe that Deng Xiaoping’s remarkable achievements are still significantly underestimated by the world today. In my opinion, he was the supreme synthesizer of a balanced left-right approach and the pragmatic line. Factional struggles often result in inconsistent government policies, yet he effectively balanced the left-wing Chen Yun, who championed the “birdcage economy,” against the factions pursuing a liberal path. At the same time, he skillfully addressed the excessive idealism of the preceding communist era by proposing the path of socialism with Chinese characteristics. This seemingly straightforward adjustment provided the pragmatic route with both intellectual explainability and practical executability. Moreover, without opposing or denigrating his predecessors, he successfully maintained and consolidated the government’s legitimacy and rationality, ensuring that public faith did not collapse and popular support remained cohesive. Many of his books, writings, and interviews remain highly valuable.
Cursor is the real deal.
As a university student deep into quant dev & AI, I've tried a lot of coding tools. There are countless apps built on top of large language models today, but in my eyes, what @cursor_ai has created stands above them all.
It's not just "VS Code + AI." The Anysphere team built an AI-native editor from the ground up — and you can feel it in every interaction:
1. Codebase-aware intelligence — it actually understands your entire project, not just the file you're staring at
2. Agent Mode lets me tackle multi-file refactors that used to eat up entire afternoons
3. The UI is *chef's kiss* — fast, minimal, buttery smooth. Sub-second responses, thoughtful shortcuts, zero clutter
4. Seamless VS Code migration — all my extensions, themes, keybindings just worked from day one
I've spent time reading through the Cursor founding team's posts and interviews, and you can tell — these are developers who are rigorous, deeply intentional, and genuinely passionate about building a product that belongs to the future.
(https://t.co/2xNpZaRu67)
They didn't just slap AI onto an existing editor. They rethought the entire architecture because they believed AI-assisted coding deserved better. That level of conviction and craftsmanship shows in every corner of Cursor.
But beyond the tech, what truly moves me is what Cursor represents. This kind of visual, creative, AI-native tool gives every idea a chance to come alive — as long as you have the drive to execute. The rarest thing in life isn't ideas, it's the opportunity to turn them into reality. Cursor is handing that opportunity to everyone.
I've been a paying subscriber and heavy user. As a student the cost adds up, but I keep coming back because Cursor genuinely makes coding feel like thinking — not typing.
@edwinarbus I would be truly grateful if you could give some credits with me so I can continue using this incredible tool. I'll commit to giving back — detailed bug reports, feature feedback, and community contributions. A product this good deserves that kind of dedication from its users.
@edwinarbus
With utmost sincerity and gratitude.
Here's my conversation with the founding team of Cursor, a popular code editor (based on VSCode) that specializes in AI-assisted programming.
This is a super technical conversation that is bigger than just about one code editor. It's about the future of programming and, in general, the future of human-AI collaboration.
It's here on X in full, and is up on everywhere else.
Timestamps:
0:00 - Introduction
0:59 - Code editor basics
3:09 - GitHub Copilot
10:27 - Cursor
16:54 - Cursor Tab
23:08 - Code diff
31:20 - ML details
36:54 - GPT vs Claude
43:28 - Prompt engineering
50:54 - AI agents
1:04:51 - Running code in background
1:09:31 - Debugging
1:14:58 - Dangerous code
1:26:09 - Branching file systems
1:29:20 - Scaling challenges
1:43:32 - Context
1:48:39 - OpenAI o1
2:00:01 - Synthetic data
2:03:48 - RLHF vs RLAIF
2:05:34 - Fields Medal for AI
2:08:17 - Scaling laws
2:17:06 - The future of programming
Polymarket's V2 exchange upgrades go live April 22nd. The upgraded exchange is now open to all for testing.
🚨 If you use our API or clients, there's migration work to do before then:
→ Upgrade your SDK/ API integration
→ New exchange contract addresses & order struct
→ Collateral moves to pUSD (wrap USDC.e via the Collateral Onramp)
We expect ~1 hour of downtime on April 22nd at ~11am UTC. Open limit orders will be cancelled during the switch. Funds and positions are safe.
Please note that the V1 exchange will stop working after the migration.
Migration guide: https://t.co/vcbam6d2Dq
Security: Our CTFv2 contracts are open sourced & audited by Cantina + Quantstamp. $5 million bug bounty program is live on Cantina: https://t.co/dUTMlWJcCK
Changelog: https://t.co/FXGe9aQBQq