Odds and Ends — 11 March 2023
Cryptocurrency, Investing, Money, Economy, Business, and Debt:
DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto
Meta exploring a new social network that could compete with Twitter
Regulators Shut Down Silicon Valley Bank
The FDIC seized the assets of Silicon Valley Bank on Friday, marking the largest bank failure since Washington Mutual during the height of the 2008 financial crisis.
The bank failed after depositors — mostly technology workers and venture capital-backed companies — began withdrawing their money creating a run on the bank.
Circle discloses $3.3B tied up at Silicon Valley Bank
Coronavirus News, Analysis, and Opinion:
House Votes to Declassify Info on Covid-19 Origins
The House voted unanimously on Friday to declassify U.S. intelligence information about the origins of Covid-19, a sweeping show of bipartisan support near the third anniversary of the start of the deadly pandemic.
The 419-0 vote was final approval of the bill, sending it to President Joe Biden’s desk to be signed into law…
If signed into law, the measure would require within 90 days the declassification of “any and all information relating to potential links between the Wuhan Institute of Virology and the origin of the Coronavirus Disease.”
Fauci says Redfield’s testimony of COVID call was ‘unequivocally incorrect’
Politics:
Trump Faces A Looming Indictment In The Sordid Stormy Daniels Case
Mexican President Says Fentanyl Is a U.S Problem
Mexico’s president said Thursday that his country does not produce or consume fentanyl, despite enormous evidence to the contrary.
President Andres Manuel Lopez Obrador appeared to depict the synthetic opioid epidemic largely as a U.S. problem, and said the United States should use family values to fight drug addiction.
He went on to recite a list of reasons why Americans might be turning to fentanyl, including single-parent families, parents who kick grown children out of their houses and people who put elderly relatives in old-age homes ‘and visit them once a year.’
Anti-Russia guerrillas in Belarus take on ‘two-headed enemy’
Tennessee Lt. Governor Apologizes for ‘Liking’ Gay Posts
The Strange Times of Ilhan Omar’s Jewish Senior Adviser
Serendipity:
Chimpanzees have their own language — and scientists just learned how they put “words” together
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Imagine banking failures impacting and blaming crypto! Scapegoat is not one of the roles I figured it would take on but grateful for the dips to buy!