foobar on Twitter: and now their wallets have stopped processing exchange withdrawals because...not enough eth to pay for gas maybe these guys are solvent, maybe not, but who on earth is running operations over there

Dismal's Smacks

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Susanne Trimbath PhD on Twitter: Government takes ownership of failed bank then sells loan portfolio to the public. 🤔 Why does that sound so-o-o familiar?

source: https://twitter.com/SusanneTrimbath/status/1643106003062513669 Reddit Post

foobar on Twitter: people don't appreciate decentralized bearer assets enough. decentralized - nobody else can adhoc modify it. bearer - if you hold it, it's yours. no counterparties. asset - socially accepted to have value.

Contagion spreading? Circle on Twitter: Silicon Valley Bank is one of six banking partners Circle uses for managing the ~25% portion of USDC reserves held in cash.