Daniela Roering

[Lyn Alden @LynAldenContact]

The execs at large money-center banks this weekend.

[Lyn Alden @LynAldenContact]

To quantify it, US banks have $17.6 trillion in deposits, of which $3.1 trillion is backed up by cash, of which less than $100 billion ($0.1 trillion) is backed up by physical cash.

Anyway, good evening.

[RYAN SΞAN ADAMS @RyanSAdams]

Seeing private messages from crypto startups saying "yes we banked with SVB, but don't worry we diversified into ETH so we can still meet payroll"

Imagine using ETH to hedge against dollars in your bank account.

Strange times.

Who could have predicted it?

[Rajat Soni, CFA @Rajatsoni]

We just had the biggest bank collapse in America since 2008.

And it happened because of a bank run.

Let me explain how this will impact YOU: