Honoring fallen soldiers at Memorial Day events across Southwest FloridaCelebrating the final Friday’s Furry Friends
WINK NEWS Honoring fallen soldiers at Memorial Day events across Southwest Florida Memorial Day, a day of remembrance for those who have died in the military, honors those who have served in the armed forces.
Celebrating the final Friday’s Furry Friends For the final Friday’s Furry Friends, WINK News reflects on the two years spent visiting the Gulf Coast Coast and the Collier County Domestic Animal Services.
WINK NEWS Survey: Florida ranks 3rd in lowest percentage of adult non-swimmers A recent poll by Poolonomics, which surveyed the country, found that Florida has the third-lowest percentage of adult non-swimmers.
THE WEATHER AUTHORITY Hot and mainly dry for your Friday plans The Weather Authority is tracking a hot and dry Friday in Southwest Florida with “feels like” temperatures ranging from 95 – 100°.
NAPLES Man drowns after attempting to rescue child from pond in Collier County A man drowns after attempting to rescue a child who wandered into a pond and a man chased in to save them.
MARCO ISLAND Brown pelican found on Marco Beach with possible red tide poisoning A brown pelican was found on a Marco Island beach last week, showing signs of red tide toxicosis.
FORT MYERS Jeep flipped on its side after two-vehicle crash Authorities are responding to a car crash on Ortiz Avenue and Palm Beach Boulevard in Fort Myers.
The future of the Fort Myers Ferris wheel proposal Is the third time the charm? Downtown Fort Myers is buzzing over the idea of a new eye in the sky. On Thursday night, Steve Weathers gave his presentation on the proposed Ferris Wheel plan for the third time in a matter of months. Currently, nothing is set in stone. For the historic preservation committee, […]
LEE COUNTY SCHOOLS Lee County Schools approves new code of conduct The Lee County school board unanimously passed a new code of conduct on Thursday night, and there wasn’t any pushback, not even during public comment.
ALVA ‘I still feel like I’m under the water sometimes,’ Drowning survivor speaks out as community mourns A community mourns the death of three young men who died drowning in the Caloosahachee River on Saturday, May 18.
Google teaches internet safety to SWFL middle school students The internet is a big playground with tons of entertainment options, but similarly to real playgrounds, not everyone plays nice.
WINK NEWS Lessons learned and how to apply them this 2024 hurricane season Hurricane season is approaching, so now is the time for Southwest Floridians to gear up and protect themselves against potential storms.
CAPE CORAL 12-year-old hit by car in Cape Coral A 12-year-old boy is recovering after Cape Coral police say he was hit by a car Wednesday night.
Lee County NAACP protesting unarmed man’s death The NAACP knows Amira Fox’s decision cannot be overturned, so they’re pushing for more open conversation around mental health and how police officers should be trained to tackle similar situations.
BUCKINGHAM What chemicals were in the blue paint that filled the Orange River Getting to the bottom of what is inside the paint that filled the Orange River near homes in Buckingham.
WINK NEWS Honoring fallen soldiers at Memorial Day events across Southwest Florida Memorial Day, a day of remembrance for those who have died in the military, honors those who have served in the armed forces.
Celebrating the final Friday’s Furry Friends For the final Friday’s Furry Friends, WINK News reflects on the two years spent visiting the Gulf Coast Coast and the Collier County Domestic Animal Services.
WINK NEWS Survey: Florida ranks 3rd in lowest percentage of adult non-swimmers A recent poll by Poolonomics, which surveyed the country, found that Florida has the third-lowest percentage of adult non-swimmers.
THE WEATHER AUTHORITY Hot and mainly dry for your Friday plans The Weather Authority is tracking a hot and dry Friday in Southwest Florida with “feels like” temperatures ranging from 95 – 100°.
NAPLES Man drowns after attempting to rescue child from pond in Collier County A man drowns after attempting to rescue a child who wandered into a pond and a man chased in to save them.
MARCO ISLAND Brown pelican found on Marco Beach with possible red tide poisoning A brown pelican was found on a Marco Island beach last week, showing signs of red tide toxicosis.
FORT MYERS Jeep flipped on its side after two-vehicle crash Authorities are responding to a car crash on Ortiz Avenue and Palm Beach Boulevard in Fort Myers.
The future of the Fort Myers Ferris wheel proposal Is the third time the charm? Downtown Fort Myers is buzzing over the idea of a new eye in the sky. On Thursday night, Steve Weathers gave his presentation on the proposed Ferris Wheel plan for the third time in a matter of months. Currently, nothing is set in stone. For the historic preservation committee, […]
LEE COUNTY SCHOOLS Lee County Schools approves new code of conduct The Lee County school board unanimously passed a new code of conduct on Thursday night, and there wasn’t any pushback, not even during public comment.
ALVA ‘I still feel like I’m under the water sometimes,’ Drowning survivor speaks out as community mourns A community mourns the death of three young men who died drowning in the Caloosahachee River on Saturday, May 18.
Google teaches internet safety to SWFL middle school students The internet is a big playground with tons of entertainment options, but similarly to real playgrounds, not everyone plays nice.
WINK NEWS Lessons learned and how to apply them this 2024 hurricane season Hurricane season is approaching, so now is the time for Southwest Floridians to gear up and protect themselves against potential storms.
CAPE CORAL 12-year-old hit by car in Cape Coral A 12-year-old boy is recovering after Cape Coral police say he was hit by a car Wednesday night.
Lee County NAACP protesting unarmed man’s death The NAACP knows Amira Fox’s decision cannot be overturned, so they’re pushing for more open conversation around mental health and how police officers should be trained to tackle similar situations.
BUCKINGHAM What chemicals were in the blue paint that filled the Orange River Getting to the bottom of what is inside the paint that filled the Orange River near homes in Buckingham.
FILE – An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. Bitcoin and other cryptocurrencies were collapsing in price Monday, June, 13, 2022 after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions.” It is the second collapse of a part of the crypto world in the last two months. (AP Photo/Kin Cheung, File) The price of bitcoin and other cryptocurrencies plummeted Monday after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing “extreme market conditions.” It’s the latest high-profile collapse of a pillar of the cryptocurrency industry. These meltdowns have erased tens of billions of dollars of investors’ assets and spurred urgent calls to regulate the freewheeling industry. Bitcoin was trading at roughly $22,400 late Monday, down more than 16% in the past day. Ethereum, another widely followed cryptocurrency, was down roughly 17%. Investors have been selling riskier assets such as digital currencies and technology stocks as the Federal Reserve raises interest rates to combat high inflation. On Sunday, the cryptocurrency lending platform Celsius Network announced that it was pausing all withdrawals and transfers between accounts in order to “honor, over time, withdrawal obligations.” Celsius, with roughly 1.7 million customers and more than $10 billion in assets, gave no indication in its announcement when it would allow users to access their funds. In exchange for customers’ deposits, the company pays out extremely generous yields, upwards of 19% on some accounts. Celsius takes those deposits and lends them out to generate a return. Lending platforms such as Celsius have come under scrutiny recently because they offer yields that normal markets could not support, and critics have called them effectively Ponzi schemes. Francisco Orduna, 36, said he was referred to Celsius about a year ago and was attracted to the company’s promises of high yields on his crypto holdings. “It was easy to overlook the risk because users got used to these weekly interest payouts from Celsius,” Orduna said. He pulled most of his money out of Celsius late last week but said he had still residual holdings trapped on the platform. It is the second notable collapse in the cryptocurrency universe in less than two months. The stablecoin Terra imploded in early May, erasing tens of billions of dollars in a matter of hours. Stablecoins have been seen as relatively safe, because they’re supposed to be backed by hard assets, such as a currency or gold. Just like Terra, Celsius had sold itself as a safe place for cryptocurrency holders to deposit their funds. Even while Celsius was failing, the company’s website advertised that users can “access your coins whenever, keep them safe forever.” “There is a lot of work ahead as we consider various options, this process will take time, and there may be delays,” Celsius said in a statement. The move surprised investors and depositors. In online chats, they questioned why their investments weren’t protected. Orduna said he pulled his money out of Celsius partly because of the Terra implosion. There have been reports that Celsius had invested part of its users’ funds in Terra, and there were concerns that Celsius was taking too high of a risk with depositors’ funds. “I started to worry whether the yield they were offering was truly sustainable,” he said. It’s unclear whether Celsius depositors will get all their funds back. A cryptocurrency lender is not regulated like a bank, so there’s no deposit insurance and no legal framework for who gets their money back first, like in a bankruptcy. It’s possible that Celsius’ investors, which include Quebec’s pension fund and the prominent venture capital fund WestCap, may get their investment back before Celsius’ depositors will. WestCap did not respond to a request for comment. The Pension Board of Canada also did not respond to a request for comment. “This was yet another bank run. You’re not reinventing anything here. They were promoting their services as a better savings account but in the end, you’re just another unsecured lender,” said Cory Klippsten, CEO of Swan Bitcoin, who has been publicly skeptical of Celsius’ business model for years. Terra, and its token Luna, offered similar yields on customer deposits. Those tokens collapsed after huge customer withdrawals forced Terra’s operators to liquidate all of the assets being used to support their currencies. The collapse of Terra has spurred calls for reform from the cryptocurrency industry, and calls for Congressional regulation.