Friday morning news drop
Crypto markets tumble and investors get their fingers burned Canadian fintech scholar who warned of meltdown says economy will feel impact (CBC)
How More Than $1 Trillion of Crypto Vanished in Just Six Months The helium is coming out of bitcoin and other cryptocurrencies as investors shy away from risk (Wall Street Journal)
Bitcoin, NFTs, SPACs, meme stocks — all those pandemic investment darlings are crashing Over the last few weeks and months, almost every financial asset has come hurtling back to Earth after high-altitude flights. That includes conventional stocks and bonds, which have spent most of 2022 in the red. But fad assets such as cryptocurrencies, non-fungible tokens (NFTs), blank-check companies, or SPACs, and meme stocks such as GameStop, have taken the biggest hits. (Los Angeles Times)
For Tens of Millions of Americans, the Good Times Are Right Now: Their houses are piggy banks, their retirement accounts are up and their bosses are eager to please. When this boom ends, everything will change. (New York Times)
The Great Resignation is becoming a “great midlife crisis” Older, more tenured people are increasingly quitting their jobs. (Vox)
How Gillette Embraced the Beard to Win Over Scruffy Millennials A new line of mustache waxes, heated razors, and other grooming products has helped the company reverse a decade-long decline. (Businessweek)
Surviving the Race to Alaska This motor-free ocean race—with vessels ranging from paddleboards to pedal-assist sailboats—is less about how fast you can go and more about whether you get there at all. (Hakai Magazine)
The abortion provider that Republicans are struggling to stop “The algorithms of Google are suddenly becoming the de facto gatekeeper to access to safe abortion services in the US.” (Vox)
Money, Problems, Respect: The Early Days of Biggie’s Fame In an excerpt from the new biography ‘It Was All a Dream: Biggie and the World That Made Him,’ author Justin Tinsley explores what it was like for the Notorious B.I.G. as he adjusted to the limelight (Ringer)
Videos of the Week
"Touha" feat. Honza Faistaver: Video: Liam Morgan. Rider: Honza Faistaver. Shot on unceded Coast Salish territory.
Lukas Halahan - Best Bike Ever: Today's special? A hearty helping of Halahan roast with a side of bike check. Dig in.
'SPAINFUL' - DIG BMX X SUBROSA X SHADOW
Hell of a Month - April 2022 From Manderson runnin' double duty to T Funk's big trouble at China Banks, April was a certified scorcher. Revisit all the highlights here.
Enzo Cautela's "Wake N' Bake" Bones Part
Davonte Jolly's "The Necessary Evil" Ep.2
Kevin Braun's "Pier 7" Part Our guy Braun goes berserk at the Pier, breathing new life into hallowed ground.
Seasons Knows with Cooper Qua
Surfing through Portugal - John John Florence Back in Europe, exploring the Portugal coastline for the first time in a few years.
Fiji Tavarua Mason Ho Experience We'd like to interrupt normal scheduled viewing of MASON"S MEDIEVAL MADNESS for a video from our very recent trip to Fiji! Our final episode for Mason's Medieval Madness will drop next week. May Friday the 13th.
Sunshine, No Clouds | Starring, Macy Callaghan.
Race & Surfing - A Brief History With Selema Masekela: Surfing’s history – from Africa to Polynesia to the Americas – is one that’s rich, diverse, and incredibly nuanced. So much so, that we are only beginning to scratch the surface and understand it. Voiced by Selema Masekela, the film explores the varied roots of surfing’s origin and its subsequent cultural evolution into what we recognize today.
DANNY: An Introduction to Offshore Sailing