Rice Mango

2 baby

[Hyperliquid Traders @hyperdashtrades]

BREAKING: Jump Crypto (@jump_) withdrew 19.5M USDC from Binance and deposited the funds into Hyperliquid. After three months of inactivity, the firm appears to be making its first major move ahead of the SKHY IPO.

The funds were then transferred to a second wallet which opened the current largest SKHY position. They holding a 182K SKHY ($30.8M) long

With the funding rate currently at -97% , the position would earn more than $47M per year in funding payments

[Roan @RohOnChain]

My friend applied to 200 tech jobs in two years. No PhD. No Stanford.

Last month Anthropic offered him $750,000.

I asked him how he broke in from zero.

He sent me a course that was never supposed to get out. A 3-hour video to build a full LLM from scratch.

A developer teaches you exactly how LLMs like ChatGPT and Claude are actually built.

I watched it last night.

Halfway through, I realized it's embarrassingly simple to break into an AI lab.

Bookmark this and read the article below.

• 00:00 - intro to LLMs
• 05:43 - LLM transformer architecture
• 40:24 - training the LLM
• 1:30:27 - modernizing the LLM
• 2:33:53 - scaling the LLM

[CyrilXBT @cyrilXBT]

PEOPLE ARE PAYING FOR AI ENGINEERING BOOTCAMPS BUILT FROM THIS EXACT MATERIAL.

Andrew Ng gave 3 hours of it away free.

00:00 Building agentic AI systems
04:25 Where AI engineering is actually headed
23:38 The full prompting course
2:52:17 Building an app with AI in 30 minutes

The man who taught 8 million people AI just handed you the 2026 curriculum for free.

Watch it, then read the self improving system guide below.

Follow @cyrilXBT

[Bull Theory @BullTheoryio]

🚨 South Korea's Stock Market Is Breaking

Just 2 stocks now account for nearly 70% of all trading in South Korea's stock market.

Samsung Electronics and SK Hynix, along with their leveraged ETFs, accounted for nearly 70% of KOSPI trading, peaking at 84% in late June.

Much of the rally has been fueled by retail investors called as "ants" pouring savings into 2x leveraged ETFs, chasing the AI boom and betting heavily on Samsung and SK Hynix.

The surge has drawn criticism from lawmakers and regulators, with one opposition lawmaker calling for the leveraged ETFs to be delisted.

Retail investors now own roughly 92% of these single-stock leveraged ETFs.

The ETFs assets surged from ₩4.5 trillion to ₩14 trillion in less than a month, while daily turnover has exceeded 120%.

When Samsung and SK Hynix rise, ETF managers must buy more shares to maintain leverage.

When they fall, those same funds are forced to sell, magnifying both rallies and crashes.

This is one of the key reasons the KOSPI has been experiencing frequent 3-5% daily swings.

The impact is already visible. Leveraged ETFs reportedly dumped about $6 billion worth of Samsung and SK Hynix shares during recent selloff, accelerating the market decline.

South Korea's Bank of Korea and financial regulators have warned that these products are creating one-sided trading, excessive concentration and greater risks for the broader market.

The KOSPI has crashed -24% from its all-time high over the past month, pushing it into a bear market.

[Crypto Jargon @Crypto_Jargon]

THIS GUY MADE $73,189 WITH AI YOUTUBE CHANNELS

NO FACE.
NO CAMERA.
JUST SYSTEMS.

BOOKMARK THIS.

[Rice Mango @jaekuchi]

@MerlijnTrader jail

[degentrading @degentradingLSD]

Pre Market Thoughts - 2 Jul 26

The last trading day of the week as the US market goes on a holiday tomorrow.

Overnight in Asia trading, we have KOSPI down about 7% thus far from yesterday's close - tracking the drop in EWY pretty well. Meanwhile NKY is down 2.3%. This drop in performance is strongly correlated with the devastation wrought on memory yesterday. $SKYHYNIX is down 11%, ahead of the 10 Jul listing, we could see bids coming into this. Meanwhile $285A has also been hit extremely hard, down 13% for the day, with strong support at ~65k JPY levels.

Overnight, the banks research departments have also dissected the META news. Wells Fargo thinks that "META's decision to sell excess AI compute comes in addition to its model efforts, not replacing them. This likely reflects META opportunistically selling latent compute at high ROIs as compute value climbs. Despite this shift, we dont expect a pullback in META's capex or that overall compute needs are lower."

On Neoclouds - "While we acknowledge these vendors add competitive pressure, we think they more importantly 1)validate the massive AI infra opp and 2)could represent potential strategic acquirers of these models in LT"

So, if fundamentals look sound, why is the market selling off so hard then?

Unfortunately, the answer again points to flows. At this points, flows are dominating the short term price action for semis as we navigate thin books and massive intraday flows.

July while being fantastic seasonally for equities also has historically been a negative month for momentum - (broadening out of the rally) - GS high beta momentum basket as a measure, dropped over 10% yesterday. This reflects the big factor sell off. What does the momentum basket include? All the tickers that have been doing well - ($MU, $SNDK, $INTC, $AMD etc)

Yesterday was NOT a semis sell off - $NVDA was unscathed. Yesterday was a liquidation of the momentum factors. How long can this last? If history is a guide, perhaps a few days (given the severity of the move yesterday). However, markets dont exist in a vacuum, once a stock is sold down hard enough, "value" buyers would start bidding. This can create price action that would look extreme - straight line down, straight line up.

One helpful point to note is that seasonally, July's negative performance for momentum has historically come from its short legs outperforming, not from its long legs going down. This would mean hyperscalers, NVDA rallying. In the bigger picture, this is helpful in continuing the semis cycle, given the increased ability of the hyperscalers to finance out the capex build.

Good luck!

[Rice Mango @jaekuchi]

@CryptoHayes zero

[CyrilXBT @cyrilXBT]

https://t.co/pIklNA81zb

[Kenney @KenneyNL]

Here's a list of software I use on a daily basis for creating games and game assets!

🧵

[Rice Mango @jaekuchi]

@imkientrinh văn bán tài nguyên, xưa youtube cũng vậy

[Rice Mango @jaekuchi]

@LxGtUGtlRSh8yXW wow, tks bro

[ダイチ｜🚨AIレスキュー隊【AIR】 @LxGtUGtlRSh8yXW]

【Unityで作る２Dゲーム図鑑】
海外からの反応もあったので、
日本語・英語・中国語・韓国語に対応。

Unityを学ぶ学生用に
作成したものなので
無料で公開

ゲーム制作って楽しい
と思える人が増えたら嬉しい。

ゼロから悩む時間を減らして、
作る楽しさに早く入れる辞典。
https://t.co/k9kVO3n0x6

[『HARF-WAY』の中の人@こうゆう @harf_way]

〈Kick〉
サッカーボールを蹴りながら学校に向かうゲーム。結局、こういうのが一番面白いと思います。

[Rice Mango @jaekuchi]

@FDV0x9 Nghĩa hả

[☆ samyam ☆ @samyam_youtube]

what are your favorite gamedev assets?

[Rice Mango @jaekuchi]

@MedoCons @megaeth true, they're like cry baby

[Rice Mango @jaekuchi]

@wyckoffweb obviously

[Rice Mango @jaekuchi]

@0xvietnguyen Why are you expecting an airdrop when they've already made it very clear and repeated many times that there won't be one?

[Rice Mango @jaekuchi]

@imkientrinh nguyên dàn nhân viên C98 giờ đi build AI, dkm =))))