Waking up to the SVB (Silicon Valley Bank) and USDC crises?
I wrote this thread to give you the TLDR of what's happened over the last 24hrs
- What is SVB
- Why it collapsed
- The fallout
- Why USDC is de-pegging
- What all this means
Let's dive in 🧵👇
Happy Baoday FFC! 🎉 It’s time to celebrate 365 days of choosing chaos with our amazing international community ❤️ Thanks for bao-ing with us!
OGs, let’s see your Mint Day Baos! Tag us @fortunefriends_ and #BaoDayFFC 🥟
Keep it steamy, our next adventure is on the horizon 👀
We made it to the Finals!!🏆
Congrats @EJays04@mbstuart@SPE247k@mutombolievable !!
The top 5 submissions will go up against each other for the top 3 prize slots. Get ready to vote plant fam! 🗳🪴
Thanks to all who created for our community art comp. This won’t be the last💚
Appreciation post for everyone who came down to FFC’s Christmas Party last evening, hope you guys had fun! 🎉🍾
Wishing all baos a Merry Christmas and thank you all for making FFC a home ❤️🥟
Much needed outing, socialisation can do so much for you. Really really needed the human interactions I had today.
Already feeling so much lighter.
I was talking myself into backing out of today because I was nervous.
But I'm so glad I didn't miss out.