Institutional Research @glxyresearch $GLXY | Disclaimers: https://xitter.cf/t.co/6I8puQuWgW | Personal Wanderings: https://xitter.cf/t.co/I65IyxrgJk

Joined March 2014
All 113 Galaxy Research reports so far in 2026
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The question of whether AI models are stochastic parrots is equivalent to the question of when a fetus becomes human in the discussion of abortion.
“what we have now are not LLMs”
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The problem with effective altruism is that it’s a personal religion. It requires one to fully commit to one’s belief, and very often one fails to do so due to temptations or whatsoever. More importantly, such belief can always change and is limited by the personal angle.
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Effective altruism is comfortable with the absurdity of actions where social norms and morality denounce. EAs pride themselves in taking such actions, believing that their relationship with their understandings of social morality triumph over what the rest of the society upholds. By doing such, however, they are essentially putting their relationship with themselves above that of others. Using Kierkegaard’s leap of faith as a metaphor, EAs will eventually commit the murder of their sons for their own gains (whereas Abraham chooses his relationship with the God and sacrifices Isaac).
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Jianing Wu retweeted
Sam Altman is warning the world about Sam Altman, and says we need to stop Sam Altman because Sam Altman can’t stop Sam Altman.
OpenAI CEO Sam Altman on potential dangers of AI: "First, we could lose control of the future to AI. The risk is that it moves so fast that people can no longer follow what's happening or intervene when needed."
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AI is moving fast enough to raise real questions about what it means to be human. Over the next few months, we're looking at "thinking machines" through a wider lens than usual. That might sound like a stretch coming from a digital assets and AI infrastructure firm. But if something an AI did this past year caught you off guard, impressed you, or unsettled you, this series is for you. Read on to see how AI got here and how it actually works. 👇 galaxy.com/insights/research…
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Every week there is a new AI debate. I figured that I couldn't have a real opinion on the topic if I didn't understand the basics. The field is incredibly deep, and has progressed fast. So I drafted the report below to help map its history and landscape. Along the way I sprinkled some philosophy 📜🏛️ galaxy.com/insights/research…
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Pace the frontier is such a poetic line, but the more accurate version should be pause the frontier
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I want to talk about this Navier Stokes result for a minute because I see alot of people sharing it and not nearly enough people explaining it. A share for this one would be appreciated. The Navier-Stokes equations are just Newton's second law of motion, F=ma, adapted for liquids and gases. Instead of tracking the acceleration of a solid object, the equations track how a bit of fluid moves, deforms, and flows as different forces push and pull on it. The reason these equations are so notorious, and the subject of a million dollar mathematics prize, is because of turbulence. Smooth, layered flow, or laminar flow, is relatively straightforward to calculate. But once the fluid speeds up and turns into a chaotic turbulence mess, the mathematics become incredibly non linear. The fluid's movement feeds back into itself, creating unpredictable, swirling eddies that become so complex you baisically need a super computer to simulate it. Ok so what the hell is the millennium prize then? The millennium prize is for proof that the equations can result in a singularity or what you see referred to as a "blow up". This is where the equations essentially go to infinity. Ok so why doesnt your cup of tea blow up or turn into a singularity that swallows your house? The Navier Stokes prize isnt about proving that nature makes blow ups or singularities possible, its about proving the limitations of the model's mathematics. Ok so why can a model allow for things we dont observe? This is THE SAME type of mathmatical allowance that general relativity gives when the model breaks down around black holes. The chance that a black hole is an actual singularity where everything goes to infinity is basically zero. Thats not how the universe actually works. Ok so WHY is this possible in the model? The Navier Stokes equations assumes fluid is an infinitely divisible, perfectly smooth substance. In the math, you can zoom in forever, and it remains a continuous fluid. But that's NOT how a real fluid in reality is structured. Real fluids are made of discrete, individual molecules bumping into each other. Theres a real limit to how far you can zoom in. In the proof and the model it means that as a vortex shrinks and speeds up, it eventually gets smaller than the distance between individual water molecules. This cant happen in reality. So the millennium prize isnt about finding if nature allows for infinite turbulence or eddies until a singularity forms, its about FINDING THE LIMITATION OF THE NAVIER STOKES EQUATIONS, proving global regularity false. Ok so why all the drama with the Open AI solution? It used a method called "forcing". In the simulation they essentially used a continuous force to keep the vortex spinning faster and faster until it blows up, the vortex is smaller than the actual molecules that the fluid is made of. It goes to infinity in a time period that ISNT infinity. While the millennium prize doesnt specifically PROHIBIT forcing, most mathematicians would agree that they are specifically interested in the unforced proof, the spontaneous blow up. But that doesnt mean the result isnt legitimate. I hope this clears up some of the misunderstanding.
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Jianing Wu retweeted
Today we're launching the Galaxy Bitcoin Quantum Readiness Initiative. No quantum computer today can break Bitcoin's security. But that could change faster than expected, and Bitcoin is slow to update by design. We love Bitcoin and believe in its long-term importance and prospects, so we want to contribute to the work before it's urgent. The initiative has three pillars: → Up to $5M in developer grants for post-quantum solutions → Ongoing research & publishing via Galaxy Research → A Quantum Advisory Council of leading experts The Developer Grant Program funds work on: — Quantum-resistant upgrade proposals (i.e., informal proposals to formal BIPs) — Post-quantum cryptography and signature schemes for Bitcoin, — Wallet/custodian migration tooling — Formal security audits, code review Bitcoin's security has always depended on people showing up early to defend it. We're inviting the ecosystem — developers, institutions, researchers — to join us.
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BTC just closed below 60K for the first time since September 2024. Strategy announced a $1B Bitcoin monetization plan. And a single KOL token triggered a wild liquidity migration on Solana. Is Strategy selling Bitcoin the biggest risk to crypto right now? Galaxy Grid Ep. 36 is live now⤵️
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BTC spot-ETF outflows are on record setting 13 day streak of consecutive outflows (5/15-6/3) 📉 -$4.33B / −59,351 BTC in last 13 days The recent selling is essentially the worst ever recorded — the 7-day, 10-day and 20-day trailing windows are each the single largest outflow of their length ever: 7d: -$2.78B / −39,338 BTC — 5th USD, 1st BTC - worst ever (BTC) 10d: -$3.06B / −42,941 BTC — 10th USD, 1st BTC - worst ever (BTC) 14d: -$4.21B / −57,889 BTC — 4th USD, 2nd BTC 20d: -$5.42B / −73,080 BTC — 1st USD, 1st BTC - worst ever in BOTH
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Jianing Wu retweeted
Galaxy Research has been cooking 🧑‍🍳 In the last month we've covered everything from GENIUS and CLARITY to DATs and Aave markets. Some of my favorites 👇👇
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This week on Galaxy Grid @Uptodatenow, @ninja_five_, @ZackPokorny_, and @TheThadP unpack the stories shaping crypto — what happened, why it matters, and what’s next. 💻DRIFT $285M HACK ⏱️QUANTUM TIMELINES 💸CRYPTO IN YOUR 401K Episode 24 is live now ⤵️
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This week on Galaxy Grid @Uptodatenow, @ninja_five_, @ZackPokorny_ , and @TheThadP unpack the stories shaping crypto — what happened, why it matters, and what’s next. 💰Polymarket Fees 👇Balancer Wind-down 🔀Aave x Whop x Tether Episode 23 is live now ⤵️
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Jianing Wu retweeted
BTC is trading below the U.S. ETFs avg cost basis after the 2nd & 3rd biggest outflow weeks ever (last week and week before) (and last week’s outflow will increase after IBIT reports friday’s numbers tomorrow) this means the average bitcoin ETF purchase is underwater
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This week on Galaxy Grid — a weekly video series from @glxyresearch. @intangiblecoins, @ninja_five_, @Uptodatenow, and @ZackPokorny_ unpack the stories shaping crypto — what happened, why it matters, and what’s next. Episode 14 is live now ⤵️
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