Tim Meggs retweeted
Solana was trading around $1.10 when @Austin_Federa joined. So how did a tiny network become one of Crypto’s biggest players?
@Austin_Federa , Co-founder at @doublezero sat down with @TimMeggs in The Local (Seoul edition) to unpack what put them on the map. As always, links below ↓
Tim Meggs retweeted
So next month London has @blockworksDAS and Breakpoint by @SolanaEvents @SuperteamUK back to back. So we thought we'd squeeze a ridiculous party slap bang between them - luma.com/lo-qqld
Room for well over 200 of you, free booze all night, loads of giveaways and prizes, a late licence with DJs till 1am... oh yeah, and an Oasis tribute band playing live.
If that sounds relevant to your interests and you'd like to join us, register with the luma link above.
If you're excited about predictions markets as a force for captial markets disruption, take a listen to Andy Ross from Kalshi laying out the direction of institutional involvement.
I has the pleasure of Andy Ross' company for an hour or so the other day - and the conversation flowed!
This nugget of Kalshi lore absolutely flawed me - you could hear the room gasp.
Check out the pod to find out why.
@Kalshi
The number one suggested market is.....
Full episode with Andy Ross from @Kalshi drops this Wednesday 🍻
There's a lot of parallels between hitting enter on each CLI Codex/Claude response and mindless doom scrolling to the next tweet. LLMs are amazing tools, but at an individual level you can only get the most out of them when you actively engage with their output.
One of the biggest mismatches in contracted token market making is between the client's desire to hit certain order depth requirements at arbitrary spread levels — primarily driven by the equally arbitrary ±2% bands shown on CoinMarketCap and CoinGecko — and the natural breakeven spread at which a prop market maker would place orders.
There is always a hidden cost to providing depth tighter than breakeven.
<swoon>
Jackson Hole could be a major test for Bitcoin.
With BTC back around $80k but billions in liquidations behind the move, what happens if the Fed's message isn't what the market wants to hear?
Get insights like these from @AdMcMarkets free in your inbox: down.lo.tech
Tim Meggs retweeted
The Industrial Revolution compressed the distance between time and place.
Now, the Agentic revolution compresses the distance between intention and execution.
Catch the full episode with @vandynathan here - youtube.com/watch?v=DBUSRvmF…
Tim Meggs retweeted
Prediction markets took double what US bookmakers did on the World Cup. Then "soccer" gave them a problem the NFL never does: a game that ends without a winner.
So who actually won the World Cup?
This week on The Local @AdMcMarkets on his world cup report. New episode live now
Tim Meggs retweeted
I've been a fan of @lo_tech, not just from a market maker perspective, but also their podcast in a pub format
It really doesn't get much more British than that
And so when I got the call up to feature and converse, all things AI + blockchain, I couldn't say no
Amazing podcast with the very sharp and experienced @TimMeggs. Very much enjoyed this one.
AI agents are already moving real money on their own, with no one clearly on the hook if it goes wrong.
So who's in control of your money?
This week on The Local: @vandynathan from @bondoncredit . New episode live now - youtu.be/DBUSRvmFYLw
Tim Meggs retweeted
Can AI build a trading system right now? Can it build a market making system on top of it? @TimMeggs believes the answer to both is yes.
But the nuance of operating successfully is around infrastructure, networking, risk management, something we know very well...
For someone who's always had multiple side-projects I want to work on, the improvements in AI agent capabilities over the last 9 months has been a huge step forward. Feels like a golden age.
It also brings a bunch of underlying anxiety though too. Anytime I don't have an agent working on something, it feels like a waste.
Tim Meggs retweeted
We’re thrilled to announce our Series A with @usv bringing our total fundraising up to 15m. We hit it off with @fredwilson right away and we’re excited to benefit from his incredible experience.
Are bank analysts sending out research notes in markdown and LLM friendly format yet?
If not, why not?
Tim Meggs retweeted
The Cursor for trading is here 📈
Founder @rquanm on what we're building Boole for on the @TheLocalWMC Podcast.
The future is as exciting as ever with these new models, but really the harness is just as important
Tim Meggs retweeted
Last week crypto traders bought 15 times more Micron than Nvidia. On Binance equity perps that's $ 3.4bn against $ 230m, with memory and semis taking around 63% of the volume.
Easy to file under AI selling off. It wasn't. Nvidia was barely touched. What got sold was commodity memory, NAND and DRAM, on a legal case and fresh questions about how much of it AI really needs.
We pull this sort of thing apart every week in The Data LO:DOWN newsletter written by @AdMcMarkets. It's free to sign up here: down.lo.tech
