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A Texas energy crisis, and million dollar pixels
Good morning everyone. Here’s to a happy, healthy, and productive Wednesday!
Yesterday morning Eldrick ‘Tiger’ Woods was involved in a single car crash which saw his SUV suffer “major damage” that required first responders to use the jaws of life to retrieve him from the car. Unfortunately during the crash he sustained several leg injuries, and had to undergo surgery immediately upon entering the hospital, although his agent Mark Steinberg said the injuries were luckily not life-threatening.
A large unexpected side effect of the massive winter storm in Texas last week was the energy crisis caused by the extra strain on the infrastructure. Unfortunately for some Texas residents, the outages weren’t the worst of it. During the crisis, energy prices spiked to the regulated ceiling of $9k per megawatt hour. For reference, the average price over 2020 was $21.18.
In case you haven’t heard, NBA highlights, and pixelated digital images are selling for hundreds of thousands of dollars. How? Well, NFTs or non-fungible tokens are hot right now (NBA Topshot had over $32M in sales in one day, and a pixelated monkey image sold for over $1.2M) on the internet. Essentially they’re images or videos that are registered on a blockchain (so you can track ownership), and they’re traded as a digital asset. Think of them as if Bitcoin and baseball cards had a baby.
With confusion growing on how to get a Covid vaccine with every passing day, scammers have begun to try to make money by pretending to sell vaccines online. By the end of last week, Homeland Security had seized over $33M from scammers in the US alone, and closed over 80,000 Covid related domain names linking to the scams. Pfizer communications director, Pamela Eisele, also warned consumers as she said “Patients should never try to secure a vaccine online—no legitimate vaccine is sold online.”
With countless homes in Texas damaged following the weather, a local businessman, Jim ‘Mattress Mack’ McIngvale, opened two of his furniture stores as local warming centers, and also provided more than 3,000 meals, and overnight accommodations for 700 people in the 72 hours following the peak of the storm.
Have a great rest of your day, and we’ll see you tomorrow bright and early!
-The 90 Second News Team
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