Aircraft engineering company Virgin Orbit Holdings Inc has revealed plans to halt operations after failing to secure a funding lifeline as expected.
Disgraced former FTX CEO Sam Bankman-Fried recently pled not guilty to five additional federal fraud and bribery charges. SBF appeared in a New York federal court on Thursday to plead not guilty to the latest charges related to FTX’s collapse.
US President Joe Biden has called for stricter banking regulations in the aftermath of the Silicon Valley Bank-triggered crisis. Biden implored federal regulators to devise concrete means to protect the country’s banking system.
Brian Armstrong, the CEO of American publicly traded crypto exchange Coinbase Global Inc has come out to kick against the call to stop the development of ChatGPT, the chatbot developed by OpenAI.
The European arm of FTX, FTX EU, has just opened a new website where customers in Europe may lay claims to their lost funds. The move, which is meant to give relief to customers, comes four months after the large-scale collapse of the FTX exchange in November.
