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1st May 2025

Tim Sweeney, founder and CEO of Epic Games, just announced that the company has made significant progress in its ongoing lawsuit against Apple. The court ruling found Apple guilty of anti-steering charges and will force the company to drop its enforced 27% tax on purchases made outside of the App Store.

What does this mean for mobile app

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30th April 2025

Sam Lehman: What the Reinforcement Learning Renaissance Means for Decentralized AI

Join Tommy Shaughnessy from Delphi Ventures as he hosts Sam Lehman, Principal at Symbolic Capital and AI researcher, for a deep dive into the Reinforcement Learning (RL) renaissance and its implications for decentralized AI. Sam recently authored a w...
Marcus Wu
Marcus Wu

When Sentiment Says Go but Price Says Wait


Divergence Deepens – BTC Chart Says Pullback, HM Says Something Else.

R² has been all over the place post-April 17:

🔼 Climbs above 0.6

🔽 Collapses below 0.3 (Red Xs)

🔼 Climbs again

🔽 And today – another breakdown, putting in the 2nd Red X

This behavior suggests clear emotional misalignment between price and sentiment. And the d

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29th April 2025

The Atropos release by @NousResearch is a major milestone in reinforcement learning for AI.

RL is very different from fine tuning. Fine tuning teaches an LLM to mimic fixed input/output examples. Reinforcement learning has the model interact and explore via trial-and-error feedback, adjusting its behavior to optimize long term, multi-ste

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Jason Pagoulatos
Jason Pagoulatos

Omar Shakeeb & Oleg Ivanov: Signals from the Secondary Market

The following conversation is a collaboration between Delphi Digital and SecondLane, in which experts discuss and aim to shed light on the opaque world of secondary markets in the crypto industry. This conversation features Yan Liberman (Delphi Ven...

28th April 2025

Facundo Indabera
Facundo Indabera

Prompted into Obedience

This is a follow-up AF to The Cost of Convenience. Call it a rant, if you want. More than anything, it’s a warning to myself, made public.

We might be experiencing a comfortable extinction of human agency. We might not even notice until there’s nothing left to decide for ourselves, as it presents itself as the most silent threat of a

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26th April 2025

Lucas Shin
Lucas Shin

Rumors about a potential collaboration between World and OpenAI have heated up leading up to the upcoming World event on April 30. From an outside view this makes perfect sense, since:

  1. Sam Altman is one of the three co-founders of World (previously Worldcoin)

  2. OpenAI recently gated access to its newest models (o3 and o4-mini) behind id

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25th April 2025

A Week of Winning

Let’s hope I don’t jinx this.

As long as BTC holds onto its current gains and closes positive today, we will have witnessed a full business week (Monday-Friday) of positive daily returns (red bars in the figure below).

BTC Performance by day of week

That’s a fairly rare occurrence, only happening 13 times dating back to 2013. Using Friday as the reference date for the

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Marcus Wu
Marcus Wu

BTC = f(Liquidity)^n

Bitcoin is liquidity’s mirror but with leverage.

image.png

I’ve been thinking a lot about how Bitcoin behaves across macro regimes, and I keep coming back to one core view:

👉 BTC is the cleanest, most reflexive asset for tracking liquidity in the system.

It doesn’t care about earnings, geopolitics, or narratives. When capital starts flowing, it

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Lucas Raymond
Lucas Raymond

An Onchain BTC revival: Oyl and Alkanes Ecosystem

First of all, huge shoutout to RedPhone who should be credited with most of the following alpha: https://x.com/redphonecrypto

What is OYL and Alkanes?

  • OYL is a Bitcoin focused stack whose wallet, infrastructure, and upcoming AMM enable fully permission-less trading and tokenization on Bitcoin Layer 1. Alkanes is the name of the meta

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