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Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch. Source: https://cointelegraph.com/rss US Fed faces internal probe over Silicon Valley Bank failure
Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find a new owner failed. Source: https://cointelegraph.com/rss FDIC to attempt another auction of Silicon Valley Bank: Report
The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed to be hiding out in Serbia. Source: https://cointelegraph.com/rss FBI, NY authorities probes collapse of TerraUSD stablecoin: Report
Earlier this year, an amateur Go player decisively defeated one of the game’s top-ranked AI systems. They did so using a strategy developed with the help of a program researchers designed to probe systems like KataGo for weaknesses. It turns out that victory is just one part of a broader Go renaissance that is seeing […]
Meta is “winding down” its support for NFTs on Facebook and Instagram less than a year after its push to adopt “digital collectibles” across its platform. The update comes as the social network has laid off thousands of workers and shuttered numerous projects amid what Mark Zuckerberg has described as the company’s “year of efficiency.” […]