Institutional entry raises the stakes — survival will be dependent on how crypto-native companies act in the coming months.
Here is why a culling is imminent and what it entails🧵👇
Three confidential witnesses (CW-1,2,3) might bring down @Pumpfun
CW-1 was an early core member of the pump team and has come forward with damning internal telegram chat logs
CW-2 has handed over a “KOL contract” and indisputable evidence of Pump insiders dumping on all of us
pump’s only argument to dismiss these claims is based in 2016 case law that confidential witness allegations “should be discounted”
they did not deny any of it and i fear this is only the tip of the iceberg
pump has never treated us like part of the team; we were always the product
Some onchain holdings of liquid + VC funds, with avg entry prices on the positions they bought open-market
proprietary labeling is the only alpha left (inflecta may just win)
"after the zcash orchard vulnerability was publicly disclosed on june 4th, our team pivoted entirely to work on security, postponing any other non-essential tasks and plans."
gud leadership.
Definitely true in finance. What they also don’t mention is that many people who start off with high mental clockspeed in their early 20s significantly degrade by the time they reach positions of power and notoriety two or three decades later.
This is offset by accumulated knowledge and heuristics, increased access to external knowledge sources, and papered over because people are often in awe or come into convos with preconceived notions based on people’s prior accomplishments.
Tech offers a shorter path to extreme wealth and has attracted more intellectually gifted outliers in the last decade so the Scott Wu’s are getting actual attention.
For every Scott there is someone moderately less gifted who ground his brain into mush via sleep deprivation for a decade and then quietly started phoning it in with a pretty wife and house in Greenwhich once he realized his memory was no longer near-photographic and thinking creatively started requiring actual effort.
The @Lighter_xyz team is just heads down and seriously cooking lately.
- RFQs
- Atomic orders for long/shorts
- Advanced in-browser TWAPs
- Verified ZK circuits
Plus nearly 6% of circulating market cap bought back in ~6 months.
(Full disclosure: I am an investor in Lighter.)
@Lighter_xyz keeps shipping trader-focused features that most exchanges still don’t have.
➜ Atomic Orders
Build an entire strategy and execute it in a single transaction.
Example:
➜ Long BRENT OIL 50% (15x)
➜ Short US500 50% (20x)
A classic macro hedge.
If energy prices rise, oil can benefit while equities face pressure.
With Atomic Orders:
➜ Both legs execute together
➜ Or neither executes at all
➜ No partial fills
➜ No leg risk
A complete hedge executed as a single atomic action.
⸻
➜ Advanced TWAP Orders
TWAP just got a major upgrade.
You can now customize:
➜ Randomization
➜ Passive / Neutral / Aggressive execution
➜ Slice frequency
➜ Runtime
➜ Price controls
Large orders can be broken into smaller executions over time instead of hitting the market all at once.
Result:
➜ Better execution
➜ Reduced market impact
➜ More control
⸻
➜ Chase Limit Orders
Your limit order automatically follows the market within your chosen parameters.
Useful for:
➜ Fast-moving markets
➜ Breakout trades
➜ Improving fill probability
Less manual order management.
⸻
➜ Desktop App Is Live
Native desktop experience is now available for traders who prefer dedicated execution software over browser tabs.
⸻
➜ https://t.co/uYOsgKt2VL Is Live
A new ecosystem hub showcasing:
➜ Trading tools
➜ Bots
➜ Agents
➜ Integrations
➜ Infrastructure
➜ Data dashboards
A good place to explore everything being built around Lighter.
⸻
Lighter isn’t just adding new markets.
It’s quietly building one of the most advanced trading toolkits in crypto. 👀🔥
ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 vibes 🕯️🔥
- ivish.lit
MAJOR BREAKING: In a now deleted post by former MMA fighter Daniel Cormier, he posted screenshots of Eric Trump trying to get an insider scoop on whether any of the MMA fights at the White House are rigged so that he could try and illegally make money off of them..
Below is the Direct Messages that Trump allegedly sent Cormier. There is no reason to doubt the legitimacy of these messages.
There’s something deeply inspirational about SpaceX having the wildest blowups early on and now the largest IPO ever.
I can’t think of anything more inspirational as a founder.
The government didn’t serve Anthropic with anything the answer is a lot simpler:
1) They got so much blow back for limiting the model on research tasks and need an excuse to justify being fucking snakes. The “government” stepping in helps validate this nonsense and normalize.
2) They can’t serve this model profitability and they already signaled with cutting it off from subscribed by June 22nd. They are burning too much capital and need an excuse to rug everyone.
Anyway fuck Diddy Dario I hope he slips on a bar of soap.
Will be interesting to see how much cash $PURR raised and how much $HYPE they bought when the fresh weekly data is released tomorrow. The data lags by a week (data released tomorrow will be based on info from the period of 5/22-5/28 but should still be very informative