# Bank Run Blues
- Redlion Gazette 130
- Week 10 2023
Degens at Silicon Valley Bank caused a global economic crisis by over lending and not managing risk. The contagion spread to all markets hurting stablecoins and pushing Anons into BTC and ETH.
## Articles:
- [Banking Crisis & Contagion: SVB Fails, USDC DePegs Amidst Panic](https://www.redlion.news/article/banking-crisis-and-contagion-svb-fails-usdc-depegs-amidst-panic)
- [Meet Pindar Van Arman: AI Artist Programming Robot Painters and Paintings](https://www.redlion.news/article/meet-pindar-van-arman-ai-artist-programming-robot-painters-and-paintings)
- [PunksTalk: Backseats](https://www.redlion.news/article/punkstalk-backseats)
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