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News & Articles By Cassie B.
03/21/2023
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By Cassie B.
Cryptocurrency traders pull $3 billion from stablecoin USDC in just 3 days
Traders have pulled a total of $3 billion from the cryptocurrency stablecoin USD Coin in three days’ time in the wake of the failure of Silicon Valley Bank and the coin’s temporary loss of its dollar peg. USD Coin, or USDC, is a type of digital currency that is fully backed using U.S. dollar assets, […]
03/17/2023
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By Cassie B.
Big banks offer First Republic a $30 billion lifeline to prevent imminent collapse
As a crisis of confidence from customers and investors heats up, First Republic bank is getting a lifeline from its rivals. Some of the biggest banks in the nation have joined forces to help the struggling lender with billions of dollars to boost confidence in the bank and help it meet customer withdrawals. Some of […]
03/17/2023
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By Cassie B.
RIGGED: Silicon Valley Bank gave its employees bonuses just hours before it collapsed
Employees of Silicon Valley Bank were given their annual bonuses on Friday just hours ahead of the seizure of the bank by regulators. The payments were reportedly bonuses for work conducted last year and were already being processed in the days ahead of the collapse of the bank. In the past, the bank has paid […]
03/16/2023
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By Cassie B.
UK national security compromised by munitions shortage after sending aid to Ukraine
Britain’s House of Commons defense committee is urging the country’s government to take action to increase its arms supply in response to a shortage of ammunition resulting from the military aid the UK has been sending to Ukraine on a regular basis since it was invaded by Russia. The committee, which is made up of […]
03/09/2023
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By Cassie B.
UK’s ammo stockpiles are “dangerously low” after sending generous military aid to Ukraine
Britain’s Defense Select Committee is warning that the UK is now experiencing “dangerously low levels” of ammunition after sending sizable packages of military aid to Ukraine. The latest warning is just one in a series of concerns that have been raised in recent months about the current state of the UK military. One former general […]
02/28/2023
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By Cassie B.
200 Million Americans face the constant risk of experiencing chemical disasters like the East Palestine train derailment
The East Palestine train derailment is a bona fide chemical disaster, with toxic chemicals from the so-called controlled release poisoning all forms of life in the area. If you are fortunate enough to live well outside these chemicals’ reach, you might feel pretty lucky, but experts are warning that this type of disaster is far […]
02/23/2023
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By Cassie B.
Ohio metal factory explosion sends smoke and toxins wafting toward dioxin-ridden train derailment site
A metal factory near Cleveland has exploded, killing a maintenance worker and injuring more than a dozen people. At least two of the injured are in critical condition. The incident took place at the I. Schumann & Co. copper alloy plant situated in the Oakwood Village suburb of Cleveland. 46-year-old Steven Mullins, who worked for […]
02/17/2023
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By Cassie B.
Millions of gallons of untreated sewage from Mexico spilling into San Diego, forcing beach closures
San Diego is contending with millions of gallons of raw sewage that are flowing into the city from Mexico via a pair of canyons on the border. The sewage spill began when a construction crew accidentally ruptured a significant pipeline near Tijuana, forcing the closure of several pump stations that send sewage away from the […]
02/16/2023
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By Cassie B.
Recent regulatory crackdowns have crypto investors on edge
As regulators start to crack down on cryptocurrency, spooked investors are pulling back significantly amid a backdrop of great uncertainty. Until recently, regulators had not interfered much in the crypto industry. However, they have recently started cutting off access to services and products that are essential for the digital currency business. This week, regulators in […]
02/10/2023
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By Cassie B.
Tennessee ambulances warn that medication shortages are affecting their ability to treat patients
As shortages of critical medications continue throughout the nation, Tennessee ambulances are struggling to provide patients with much-needed care in the most efficient way. The president of the Tennessee ambulance service association, Rick Valentine, has warned that diabetics are particularly at risk. Many of the calls they receive are for diabetic patients who are experiencing […]
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