Social media crashed a bank in a day, agents will do it before we wake up

In 2023, the Silicon Valley Bank (SVB) had a historic bank run, with investors withdrawing $42 billion in a single day . The Federal Reserve&rsquo;s postmortem report essentially blamed two modern technologies — social media and online banking for the incident. the combination of social media, a highly networked and concentrated depositor base, and technology may have fundamentally changed the…