Spotlight → Shadows Thirty years ago he owned the stage lights. In 1990s Taipei, L.A. Boyz’s baggy jeans and bilingual rap cracked open Mandopop; front-man Jeff Huang was the first to bring American hip-hop to Chinese-speaking crowds. Thirty years later the same man, now crypto’s “Big Bro Machi,” sat in the glow of a different screen—Hyperliquid’s P&L terminal—watching US $60 million evaporate until only US $1,718 remained. He left Twitter a parting shrug: “Was fun while it lasted.”From Rap S...

Spotlight → Shadows Thirty years ago he owned the stage lights. In 1990s Taipei, L.A. Boyz’s baggy jeans and bilingual rap cracked open Mandopop; front-man Jeff Huang was the first to bring American hip-hop to Chinese-speaking crowds. Thirty years later the same man, now crypto’s “Big Bro Machi,” sat in the glow of a different screen—Hyperliquid’s P&L terminal—watching US $60 million evaporate until only US $1,718 remained. He left Twitter a parting shrug: “Was fun while it lasted.”From Rap S...