GM ladies and gentleman and welcome the B&C the newsletter that'll have you going, huh that was mildly amusing. Brought to you by the brilliant idiots Nat and V. 

Here's the breakdown for today: 

• What tf is this newsletter.

• Nat's Picks for the week.

• V's Picks for the week.

• Something to bless your inbox.

Nothing like a good ol' bear market to make you and your friend start a newsletter. Like the old adage goes: when a man reaches the lowest point of his life he starts a podcast- go even lower and !voila! you've got yourself a newsletter. 

We're the equivalent of the orchestra on the titanic, playing one last tune on a sinking ship. Your crazy uncle who lives out of an RV in Yosemite and hosts a radio show interviewing his friends who've been abducted by martians. Ultimately, some blokes with a keyboard and too much free-time.

So sit back, enjoy the ride, and humor us by subscribing if you haven't already so you can stay up to date with our latest rantings and ravings of the week. 

Knew I was down bad when I thought that this was lowkey a good deal. 

NFT NYC was this week, and did Goblintown community SHOW UP. Some of the highlights of the week: 

• Alien Frens and Goblintown threw down with some great events and visuals. BAYC was caught lacking with a Amy Schumer guest appearance 😭.

• Ever wonder what happens when evangelical protestors clash with NFT NYC? Can't say I did, but now I know. 10/10 protest and 10/10 collection.

McGoblinBurger had me going ₐₐaaaₐₐᵤuuuᵤggggₕₕhhh.

POV you're looking at my dreams after I've just spent 6 hours straight browsing Twitter, Seeking Alpha, and Reddit: 

Nothing makes me grab my popcorn faster than crypto drama on a chain I'm not invested in 😎. Here's what goes down when a $108 million loan meets a liquidity pool and almost crashes an entire blockchain. 

• Solend, a lending protocol on Solana, almost had nearly all of its Sol deposits liquidated.

• One whale with an outstanding loan of $108 million USDT/USDC collateralized in Sol was at risk of being liquidated as the Sol price crashed.

• Had the whale been liquidated the entire Solend pool would be defunct and could cause contagion to the entire Solana network crashing the price even further.

• To avoid this catastrophe the Solend community passed a proposal to impose a borrowing limit on the protocol as well as liquidate a minority of of deposits on under-collateralized loans.

My thoughts: Seems like there is an impending armageddon on a protocol or network almost weekly at this point. Everyone's a genius in a bull market, and although he hates crypto these strange times remind me of this Buffet quote :)

Hopefully none of you have been caught with your pants down. 

Here's something to bless your inbox for the fans of 8bit art 😎

See y'all next week, 

V and Nat

Did we put some 🔥 in your inbox?

Click on one of these and let us know 😎

• 🔥🔥🔥🔥 LFG

• 🔥🔥 Eh pretty decent

• 🔥 Traaaasssshhh kid.