Crypto supporters we love you.   We love it when we can share a laugh here on the infinite celestial Publish0x!  

It's been a hilarious week in crypto.  Many months ago, everyone was talking about how crypto is the wild wild west.  Back then, meh, was it really?   This week, the answer is yes, indeed, we are living in the wild wild west.  West, James West, with the vest and steampunk armaments, modeled after overpowered federal agents.  The old one would be this. 

The NYC subways in the late seventies/ early eighties were absolutely insane.  We will always remember a night meeting a guy with a razor blade on his tongue. Cleared our head!!  We told him WTF, he had indeed scared us.  He accused US of looking at HIM funny!!   Our favorite was always the saxophone players.  One guy, we swear, many saw him, played sax VERY badly with a cat on a leash on his shoulder.  When he hit a note  the cat would dig his claws into him and he would play MORE wildly.  He called it Martian Music and wanted to be paid to go away.  He got better as the years went by, actually talked with him  decades later, he said his horn was broken at first. 

The BEST saxophone player EVER in the subway, though, specialized in playing TV theme music, including the horn line from the above.   Whenever we saw him, the entire crowd loved him, froze to listen to him.  Theme song after theme song, fanfares really,  transfixed his eager listeners, deep emotions coming up with recognition of each theme.   He was kinda elitist & snobby about his chosen genre, the crowd agreed with this high esteem, which made it all even better!!  & SO funny. 

Here in the Wild West, we got villains !  Well, yeah, there are those evil monkey lawyers stagecoach snatching stablecoins, ripping funds from clients to pay themselves and execs during bankruptcy.  But we are not talking about them.  Nor Alex the machine, who is helping the lawyers.    We got LAWMEN!!  But most wild wild west of all, we got villains on the RUN, baby!!

D'Oh Kwon sez HE"s NOT on the run!! ya know what that means dear readershe's on the LAM.  Tried to run, but will he get far???  Well, he's not alone.  He's just gotta be on a group chat with Kyle & Su !!  Yeah yeah yeah, we know, they are not on the run they say.  Tell it to Interpol pal!!

The real, honest to god wild wild west is going down in smart contracts and the courts.  Is distributed code free speech?  Is it OK to imprison the programmer when his program is used for evil?   Really dear readers will remember it was funny - for a long long time, the only person in jail for the Maddoff Ponzi scam was some poor accounting programming consultant.   Will Tornado cash just be cloned across the universe like DEX's?  They don't work without large flow tho, but then neither do DEX's!!! 

Yeah, no, let's face it, we are in the cheezy NEWER wicki wicki wicki wild west with Will and Kool Mo Dee and of course Stevie Wonder IS the piano player in the cathouse

don't wanna see our hand where our hip be at!!  OK funnies of the week: 

TIPPY TOP funnies - Sammy Fried doing 360 donuts in the media, he's the hero, he's called a lowlife scuzz by lawyers, he's the winner who pays for all.  His people are sliding into DM's with Elon about dropping eleven figures into Twitter to save the world, and/or dropping Twitter onto the blockchain. 

Little Britain shows us true art will be convulsive or not at all!! Largest move in Sterling since whenever the Brits invented markets like that. ATL vs. the dollar.   They wanted to spend 45 bn, then they HAD to spend 65 billion just to round trip back to where they were before they said chit.  Very funny.

But the deep humor there is the IMF b-tching at Kwasi out of school, out of context, and displaying that what's the phrase? the ol fundamental analytical framework incongruity.  The US dumped  the clutch on an unfunded 1.9 trillion of stimulus in supercharged MMT  printing presses long after the inflation rocket sled was already lit and ripping.  The IMF said absolutely butkis. 

Now Kwasi & LIz try a measly 45 billion of unfunded stimulus - what's that, ~2% of the US airdrop??  And suddenly Georgina of the IMF is crucifying Kwasi.  That sort of thing is only OK when OUR side does it Kwasi, do as we say, not as we do!!  That's FUNNY!!!    Bonus funny - wall street axiom of COURSE they only kick ya when yer down, Kwasi!!  you know that you went to every blue chip City / Street firm there is!! Georgina ain't kicking the DOLLA right about now that is CLEAR. 

Wow what a week.  Fantasy NFT trading - of course!!   

Transit Swap, a multi chain DEX aggregator, got hacked for 21 million.  OK not funny. But what WAS funny is SlowMist and the gang started to ID the hacker, who chickened out &  gave back 70%, which seems to be the bug bounty these days.   What was sidesplittingly funny - a MEV bot, an arbitrage bot born to make bucks off slippage in exchanges, succeeded in front running the hacker and scored over a million of the 21 mill the hacker got.   Not just WILD wildass west, but whaddya want for laughs, that's awesome.  Hackers scammed by MEV bots, yippie kai yay MFers, welcome to the Thunderdome.   

Dear readers remember it was funny back when a Solana based DEX gave the old END command to the protocol, bricked the DEX, and left a nine figure sum locked in cyberspace forever and ever, barring a hard fork of Solana.   Well, THAT might not be a great idea, cause THIS week the Solana network had to puke & rally.  One bad node hung the whole network and all validators had to restart, scary but kinda funny for Joe Decentralized Solana. 

It was funny when Martin in Mexico supposedly burned millions of dollars worth of Frieda Kahlo art to publicize his NFTs.  Nobody knows how the investigation is going, but we DO know Martin only sold 10K worth of the NFTs he planned on being worth more than "Sinister Ghosts" that he BURNED.  Maybe.  THAT's a funny update!! 

Big week for Mikey Sailor honey badger will never care, buying and hiring BTC and Litecoin like bitcoin is at twenty for the first time.  Spitting on fiat and spitting on Jamie Diamond spitting on  BTC, THAT'S grown up!!!    Thanks to the awesome Nexo Dispatch, we learned the EXACT reason for his carefree demeanor:  it's called 68% ownership of the VOTING STOCK.  Which makes it ALL so much funnier. It just means we got plenty buffalo left running free  in the north forty,  Kemosabe!!  LMAO!!    Wild mustang time at the hacienda these days, boots n saddles people!! 

TOP wild wild funny -

Another MEV bot scored a mil then got hacked by yet ANOTHER MEV bot and lost 1.5 million.  OK we admit that is a laugher and a half, but WAIT there's MORE!!  The First bad MEV was famous, 0xbadcode, ripping a reign of terror for 75 days!  The million that MEV bot stole at first came from some poor slob trying to trade 1.8 million worth of cUSD for USDC on Uniswap.   Since Uni could not handle that liquidity, xbadcode whipped a bunch of DEX arbs around, leaving only 500 USD for the Uni trusting monkey. 

THEN an HOUR LATER someone spotted a flaw in badcode!  badcode was doing flashloans on dYdX, and the flashload left an arbitrary execution open!! dYdX executed the function on badcode, and stole not just the 800 eth from Uniswap, but ALL the WETH in badcode at the time, 2x as much!! 

& THAT's funny.   BUT WAIT!!  THEN badcode got all shirty and send cute little blockchain flamewar messages to the dYdX hacker, threatening to call the authorities if they didn't get 70% back!!    Comedy gold ensues, as the dYdX hacker blockchain replies, & calls for 99% of all the badcode profit for two months, or THEY will call the authorities? !!!

AH HA HA HA HAH HA HAH HAH HAH!!!  WHO the F is the LAW west of the Pecos these days??   Wild enuf fer ya??  Get down, truly smart dudes at dYdX, we reckon y'all are the law in these parts.    Check out the Reckt story, link below, it's awesome.  Instant on-line karma in action.  The fastest code is the law right now. 

OK gotta sleep, back to driving again tomorrow. 

Peace out, thanks

Love, 

Dave

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