The Weekend Shift: Bitcoin, Bankruptcy, Bored Apes

Welcome to the 102nd Weekend Shift!

What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write about.

OK, only crypto? Not necessarily. We do that Monday to Friday, so we try to explore new subjects on weekends.

Feel free to join in and submit entries on Twitter. Any topic is fair game.

January 21

2 hours ago

Starting off with some Apes.

1 hour ago

New year, new chapter.

1 hour ago

Barry.

1 hour ago

Wu Blockchain gets fooled by an account called “Barry Shilbert” whose biography is “Gayscale. Parody.”

Citizen Journalism getting a hit today. pic.twitter.com/XcDO5a16fg

— Tree of Alpha (@Tree_of_Alpha) January 16, 2023

We’re all human but this was funny.

1 hour ago

[DB] New FTX CEO John J. Ray III Says He’s Considering Restarting Crypto Exchange: WSJ

— db (@tier10k) January 19, 2023

Hm.

1 hour ago

Seems to be the theme this year.

1 hour ago

CoinDesk, a cryptocurrency-focused media company, has retained investment bankers at Lazard Ltd. to help it explore options including a partial or full sale, according to its chief executive officer https://t.co/XxEGnUI0Ph

— The Wall Street Journal (@WSJ) January 18, 2023

1 hour ago

New business plan for CoinDesk just dropped from Charles Hoskinson:

let the top 100 blockchains write about how awesome their ecosystems are, and then I dunno, have some investigative journalism stuff too or whatever? pic.twitter.com/10nwn828wb

— Cas Piancey (@CasPiancey) January 20, 2023

Just like that.

1 hour ago

ICYMI

1 hour ago

Bitzlato, Binance, and Hydra.

1 hour ago

coinbase NFT has done $700 in volume today

that’s like 1/4th of a single cryptodickbutt

— Giancarlo (@GiancarloChaux) January 19, 2023

Solid.

1 hour ago

Who wants to hear the story about how @CurveFinance was launched?

If this gets 33 retweets, I will write it up

— Ric Burton (@ricburton) January 19, 2023

Nice thread.

1 hour ago

Kamala Harris refuses to drop to her knees in front of an entire NBA team.

Kamala shouts “I’m not doing that!”

Joe Biden in turn gets on his knees before the Golden State Warriors.

The White House crowd awkwardly gasps. Cringe. WATCH

pic.twitter.com/gEeCsip2XA

— Benny Johnson (@bennyjohnson) January 17, 2023

Awkward.

1 hour ago

A matter of perspective.

1 hour ago

TL;DR:

1) S&C files, claiming FTX US is insolvent
2) S&C forgot to include bank balances, ~$428m
3) Once you add those back in, you get in the neighborhood of my prior balance sheet (~+$350m)
4) Other slides in the same filing demonstrate (2)

— SBF (@SBF_FTX) January 18, 2023

Yikes.

1 hour ago

3AC owes me
55.22 BTC; 230.33 ETH; 90407.81 USD

I, as a creditor, an ex-employee of 3AC, choose to believe in their goodwill, competency & determination to rebuild. They deserve a second chance to make things great again.

Persistence and determination alone are all powerful.

— Yama Zhang (@yamalarte) January 18, 2023

Hot take.

1 hour ago

BREAKING: Google says it’s laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off. https://t.co/UB7Uajmzr9

— The Associated Press (@AP) January 20, 2023

This post will be updated over the weekend. You can follow us on Twitter and Google News or listen to our investigative podcast Innovated: Blockchain City.