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#trader

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“This year, a single French gang cut off the finger of an #entrepreneur, doused an #influencer’s father in gasoline and tried to snatch a #CEO’s daughter from the streets of Paris, according to French police.

An Italian #investor was tortured with a chainsaw and taser for weeks in a New York City townhouse, local police said. A British #trader was allegedly held captive in a Spanish hotel room. A popular influencer in Houston, Texas, was held at gunpoint and pistol-whipped in her own home while her three assailants demanded millions in #cryptocurrency, according to local news reports. The list goes on.

As the industry matures, so does the #cybersecurity guarding #exchanges and #wallets. The value stored within these #DigitalVaults is soaring. The result: #hacks are becoming #heists. #Cryptocurrency has long suffered from sophisticated and devastating #DigitalAttacks. Now, however, thefts are manifesting in the offline world, too. For the industry’s high-rollers, the targets on their backs have never felt heavier.”

The influence gap is narrowing between the digital on the physical world.

#Technology / #RealWorld / #IRL <theguardian.com/technology/202>

The Guardian · Online hacks to offline heists: crypto leaders on edge amid increasing attacksBy Guardian staff reporter

“Hedge funds will go to great lengths in pursuit of #profits, whether it is by counting cars in satellite photos of parking lots or shipping gold across the Atlantic. Building a #compiler—a piece of #software that turns human-written code into programs a computer can execute—for your homegrown language? That still raises eyebrows.

#JaneStreet is the quant shops’ quant shop, and it does just that, with great success. Last year its trading revenue almost doubled, to $21bn, putting it on a par with giants such as #Citigroup and #MorganStanley. And the goose that lays the golden egg is its #tech system.

But it is what this system is built from that is really unusual. Other firms employ a hotchpotch of #ProgrammingLanguages, allowing staff to choose the right one for the job. At Jane Street almost everyone works in an obscure tongue developed by French academics: #OCaml.

Ask a #trader at the firm for its benefits and they will reel off a string of features, such as its support for #StaticTyping and #FunctionalProgramming, that make it hard to learn but powerful when applied to a problem. The company says the language helps “maximise the #productivity of each person we hire”.”

#HedgeFunds / #finance <economist.com/finance-and-econ> (paywall) / <archive.md/DQ0ku>

The Economist · Jane Street’s sneaky retention tacticBy The Economist

People look at #polls, which are suspect due to legacy #media selling blood pressure raising stories for more clicks

So some say: "what about the wisdom of the market?" and look at #election #betting sites

Problem is, #markets can be manipulated by big players

And looky here, those sites showing a #Trump lead?:

"#French #trader behind bets that shifted #US election #prediction #market, #Polymarket says"

Only one indicator matters:

you

#vote

semafor.com/article/10/24/2024

www.semafor.com · French trader behind bets that shifted US election prediction market, Polymarket says | SemaforBy J.D. Capelouto