»#Bybit experienced a $1.5 billion #hack and over $4 billion of "#bankrun," leading to a total $5.5 billion #outflow within the #exchange.« https://www.coindesk.com/business/2025/02/22/bybit-sees-over-usd4-billion-bank-run-after-crypto-s-biggest-hack?eicker.news #tech #media
#BankRun
How AI Generated Disinformation Will Crash The Economy
#News #TechNews #AI #ArtificialIntelligence #Disinformation #Economy #Crash #BankRun
Daily podcast: How AI Generated Disinformation Will Crash The Economy
#News #TechNews #AI #ArtificialIntelligence #Disinformation #Economy #Crash #BankRun #podcast
After seeing the collapse of Silicon Valley Bank, I'm not sure AI will be able to do much worse in accelerating bank runs. Yet, I'm sure someone will give it a try soon.
#AI #bankrun
https://www.reuters.com/technology/artificial-intelligence/ai-generated-content-raises-risks-more-bank-runs-uk-study-shows-2025-02-14/
All this talk suddenly of maybe getting rid of the FDIC takes me back to the financial crisis of 2008. In 2009, reflecting on that, I wrote a brief parable, Hollow Support.
https://netsettlement.blogspot.com/2009/03/hollow-support.html
#FDIC #banking #insurance #DepositInsurance #FinancialCrisis #risk #risky #Reckless #policy #deregulation #Trump #TrumpAdministration #Project2025 #doge #financial #economics #HollowSupport #FinancialCrisis2008 #BankRun
The Ruble is falling, Gazprombank is apparently down and authorities in Russia are probably trying to avoid a bank run.
#Russia #gazprombank #bankrun #geopolitics @geopolitics
#436: The Great Bank Run of 2024
https://vigilante.tv/videos/watch/1c382120-ad58-4e66-83d7-d928b82c44bb
#436: The Great Bank Run of 2024 (Clip)
https://vigilante.tv/videos/watch/28551c43-6148-476a-84d8-0f1cb531613c
@liamvhogan @piepants @daedalus Liam makes a good point; if we are to survive as a species, Cambria, we have to eliminate the practice of fractional reserve banking. Ultimately that’s the cause of any bank run. #bankrun #phobos #NASAhasyourmoney
@piepants @daedalus Hey did someone say something about a bank run? Where the banks are out of cash? What better time to post in a bank run thread. #bankrun #nocash #trendfisting #economiccollapse #getallyourcashoutnow
@larsmb @davidgerard easy: #CryptoBros and #Whales cashibg out aka. #BankRun...
Because #Stablecoins are just #Scrib and #Shitcoins!
That's why noone that matters accepts them, but everyone that does matter accepts #Monero :monero: !
@tante It's because #Tether is not a #currency and it's claims to have any backing as a #Stablecoin are just #marketing #lies.
Basically all they do is sell #scrib and #vouchers
They won't survive a #BankRun because they have nothing in the bank!
https://www.youtube.com/watch?v=YQ_xWvX1n9g&t=2138s
And I'm not even shure they are #insured in the sense of an actual #bank [as per #FDIC] or registered as such...
https://en.wikipedia.org/wiki/Scrip
https://en.wikipedia.org/wiki/Voucher
@ZekuZelalem @holyramenempire
Congrats on the move.
The story rings alarm bells with us too.
We should mention, #newsieSocial is also Man-in-the-Middled by a mega-corporation called #CloudFlare, which unencrypts all traffic in the name of "protecting against bots". Cloud(G)lare alongside (Sc)amazon and Akamai now control every bank and credit union in #Australia (minus two) and do block people from access. The #USA banks that experienced a #bankRun 2022 were MITM'd too.
Also Kolektiva is Cf.
Nagel sieht Gefahr eines Bank-Runs durch Social Media
Bundesbankpräsident Joachim Nagel sieht die Gefahr eines möglichen Bankenansturms, der durch Falschmeldungen in sozialen Medien ausgelöst werden könnte. Er bringt eine Ausweitung der Bankenaufsicht ins Spiel.
Bundesbankpräsident Nagel hat vor den Gefahren eines Banken-Ansturms durch #FakeNews gewarnt
Der Fall der #SiliconValleyBank habe gezeigt, dass man schneller werden müsse. Dort hätten Äußerungen in den sozialen Medien dazu beigetragen, einen #BankRun zu beschleunigen. Die Frage sei, ob Fake News auch so etwas auslösen könnten.
Er habe von einem Kollegen aus Südkorea gehört, dass dort eine Task Force der #Bankenaufsicht systematisch die sozialen Medien überwache
🤔
https://www.fr.de/wirtschaft/bundesbankpraesident-sieht-risiko-eines-bank-runs-zr-92409959.html
Last night we had an excellent interview with presidential candidate @aaronrday re: the looming threat of CBDCs and real solutions like a #bankrun. Watch here:
Last night we had an excellent interview with presidential candidate @aaronrday on @freetalklive re: the looming threat of CBDCs and real solutions like a #bankrun. Watch here:
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