This is sad!
You may or may not know, @TrustWallet faced this exact same bug years ago, a pseudo-random number generator, ie, not truly random, $12m in losses. They covered every user.
Software will always have bugs. What matters is who’s behind it.
Welcome to the party 🥳
FED pricing - 38bps of tightening now priced by year end, fully pricing one 25bp hike and assigning roughly a 52% probability of a second
Attention now turns to next week's FOMC meeting, where a hold remains the base case, although markets have increasingly priced the risk of an immediate hike, currently at around 40%
If I understand it right @Polymarket intern just came and changed the rules of the Cristiano market midmarket.
Many sharps were on the NO side following the established rules of voting and discussion.
Today it changed. Forever.
@Polymarket can just come to any market and decide for themselves how the market should be resolved. Any time they disagree, they intervene.
Revolutionary path; I am not sure everyone agrees. What do you think? I was on the NO side personally, and it cost me.
-CLARITY now unlikely to pass next month
-Iran deal isnt real
-Saylor is selling with STRC + MSTR below nav and Saylor's $2b cash buffer is 70% gone on buy backs
-Coinbase premium is grossly negative
-Equities will continue to absorb liquidity from crypto markets as AI/robotics/Space are more exciting than crypto atm