derekbeard.eth 🦇🔊

[Benn Eifert 🥷🏴‍☠️ @bennpeifert]

OK. Follow-up story about the transformation of investment bank risk-taking after Dodd-Frank and Basel III, and the rise of toxic Alternative Risk Transfer programs in derivatives. 💥

1

[Benn Eifert 🥷🏴‍☠️ @bennpeifert]

ok. this references the big daddy of all elementary confusions in derivatives.

Black-Scholes (and related) models, for which Nobel prizes were won: we do NOT use them as models, we use them as normalizations only, as a convenient change of variables.

[Robert Miller @bertcmiller]

Imagine making 800 ETH in a single arb

... and an hour later then losing 1100 ETH to a hacker

Here is the story of 0xbaDc0dE, an MEV bot who gained and lost it all in a few hours tonight

[Antoine Levy @LevyAntoine]

In 300 years, an economic historian with access to very precise price data but a loose grasp of the UK constitutional order will write “of course, the transition from Queen Elizabeth II to her less experienced son resulted in a loss of confidence from bond and currency markets”

[vitalik.eth @VitalikButerin]

12 hours until the merge!

https://t.co/XnI4OY0cPt

[Ming Zhao @FabiusMercurius]

Exposé on the Dark Side of Market Structure

3 wks ago the SEC proposed a groundbreaking reform that could cut trading costs by >50%.
HUGE SHIT.

How did investors react?
Crickets🦗

Turns out <1% understood what's happening: how "market structure" works today.

Story time
👇
🧵

[SBF @SBF_FTX]

1) To what end?

Some potential use-cases for crypto.

[Sreeram Kannan @sreeramkannan]

This is a post in appreciation of the Ethereum PoS protocol, in the context of recently raised questions. @VitalikButerin @dannyryan @drakefjustin @dankrad @casparschwa @zmanian @barnabemonnot

[Jacob Gadikian @Senpai_Gideon]

https://t.co/hqCkxm2CjZ

[Hasu⚡️🤖 @hasufl]

I sat down w/ @dannyryan and @TimBeiko of the EF to record a mega episode on Ethereum's transition to PoS. In part 1, we discuss
- how consensus works in PoW vs PoS
- the long road to PoS
- client modularity
- how to test for such a massive event
https://t.co/du9brXeZe5

[hardmaru @hardmaru]

Trolley problem solved:

[Hasu⚡️🤖 @hasufl]

Make sure to read the full blog we put out today:
https://t.co/K44u5j0Z82

[tylercowen @tylercowen]

It does seem to me at this point that the UFO footage is not of the Russian military.

[derekbeard.eth 🦇🔊 @darrylkbeard]

@hasufl @hasufl Congrats!

[Hasu⚡️🤖 @hasufl]

Starting this week, I‘m leading Strategy @ Flashbots. This team has both the right vision and talent to shape the future of crypto and I‘m very excited to be a part of it.

[Elias Simos @eliasimos]

The 69 most interesting charts in crypto for 2021.

Let's do this 🎄🎅✨🧵

[Hasu⚡️🤖 @hasufl]

🚨To conclude our UCC mega week🚨

I sat down with @EliBenSasson of @StarkWareLtd to create the most approachable and comprehensive audio resource on how STARKs work and how they will scale blockchains in the future.
https://t.co/TU3ntKHTU6

[Georgios Konstantopoulos @gakonst]

Excited to announce Foundry!

Foundry is a portable, fast and modular toolkit for Ethereum application development 🧵

https://t.co/4xXe11v5si

[vitalik.eth @VitalikButerin]

Endgame

https://t.co/wm9Pvdjxo0

[Balaji @balajis]

🤔
https://t.co/jsuEtUhSBo