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Despite Virgin Orbit’s Challenges, Spacetech Funding Remains Stable

Source Node: https://platodata.network/platowire/despite-virgin-orbits-challenges-spacetech-funding-remains-stable/
Time Stamp: March 31, 2023 3:55 PM - Modified On: March 31, 2023 - Published By:
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Republished By Plato

Virgin Orbit, the satellite launch company founded by Sir Richard Branson, has faced several challenges in recent months. In May 2020, the company's first attempt to launch a rocket into space failed due to a malfunction in the rocket's engine. Then, in July 2020, Virgin Orbit announced that it would be laying off around 350 employees due to the economic impact of the COVID-19 pandemic.Despite these setbacks, spacetech funding remains stable. In fact, according to a report by Space Capital, a venture capital firm focused on the space industry, spacetech

Federal Reserve Acknowledges Inadequate Oversight of SVB Collapse

Source Node: https://platodata.network/platowire/federal-reserve-acknowledges-inadequate-oversight-of-svb-collapse/
Time Stamp: March 24, 2023 5:28 AM - Modified On: March 24, 2023 - Published By:
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Republished By Plato

The Federal Reserve has recently acknowledged its inadequate oversight of the collapse of Silicon Valley Bank (SVB) in 2020. The collapse of SVB, a small California-based bank, was caused by a combination of factors, including poor management and risky lending practices. However, the Federal Reserve's failure to properly supervise the bank's operations also played a significant role in its downfall.SVB was a small bank with assets of around $500 million, making it a relatively minor player in the banking industry. However, it had a significant presence in the technology sector,

Hindenburg’s criticism of crypto company leads to decrease in block shares

Source Node: https://platodata.network/platowire/hindenburgs-criticism-of-crypto-company-leads-to-decrease-in-block-shares/
Time Stamp: March 23, 2023 3:01 PM - Modified On: March 23, 2023 - Published By:
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Republished By Plato

In the world of cryptocurrency, the power of criticism cannot be underestimated. Recently, a critical report by Hindenburg Research on a crypto company led to a significant decrease in its block shares. This event highlights the importance of transparency and accountability in the cryptocurrency industry.Hindenburg Research is a well-known investment research firm that specializes in uncovering fraudulent companies. In June 2021, the firm published a report on Block.one, a blockchain technology company that created the EOS cryptocurrency. The report accused Block.one of engaging in illegal activities and misleading investors.The report

A Misguided Vision of the Future: The Disappointing Reality of a Once-Promising Fantasy

Source Node: https://zephyrnet.com/they-thought-they-saw-the-future-it-was-a-fantasy-that-turned-ugly/
Time Stamp: March 22, 2023 6:30 AM - Modified On: March 22, 2023 - Published By:
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Published by Plato

The future has always been a source of fascination for humanity. From the earliest days of civilization, people have dreamed of what the world might look like in the years to come. Science fiction authors have spun tales of utopias and dystopias, while futurists have made predictions about the technologies that will shape our lives. But as we move further into the 21st century, it's becoming clear that many of these visions of the future were misguided.One of the most disappointing realities of our present-day world is the failure of

The Importance of AI Ethics, Harrisburg’s Debt-Free Status, and the Role of Libraries in Cybersecurity

Source Node: https://zephyrnet.com/ai-is-not-ok-harrisburg-debt-free-libraries-and-firewalls/
Time Stamp: March 21, 2023 3:08 PM - Modified On: March 21, 2023 - Published By:
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Published by Plato

As technology continues to advance at an unprecedented rate, it is becoming increasingly important to consider the ethical implications of artificial intelligence (AI). AI has the potential to revolutionize industries and improve our daily lives, but it also poses significant risks if not developed and used responsibly. This is why AI ethics is a crucial topic that must be addressed by individuals, businesses, and governments alike.AI ethics refers to the principles and values that guide the development and use of AI. It includes issues such as transparency, accountability, fairness, privacy,

Bitcoin Cash Price Analysis: BCH Lags Behind BTC During Safe-Haven Rush

Source Node: https://zephyrnet.com/bitcoin-cash-price-bch-badly-lags-btc-amid-safe-haven-dash/
Time Stamp: March 20, 2023 9:22 AM - Modified On: March 20, 2023 - Published By:
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Published by Plato

The cryptocurrency market has seen a surge in activity in recent weeks, as investors flock to digital assets in search of safe-haven investments. Bitcoin (BTC) has been the biggest beneficiary of this trend, with its price rising to new all-time highs. However, Bitcoin Cash (BCH) has lagged behind its older sibling, despite the fact that it is also a major cryptocurrency. In this article, we will take a look at the recent price action of BCH and analyze why it has failed to keep pace with BTC. First, let's take

Gears of War: Judgment – A Retrospective Look at its 2013 Attempt at Innovation

Source Node: https://zephyrnet.com/looking-back-to-2013-and-when-gears-of-war-judgment-tried-something-different/
Time Stamp: March 18, 2023 3:39 PM - Modified On: March 18, 2023 - Published By:
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Published by Plato

Gears of War: Judgment was released in 2013 as a spin-off of the popular Gears of War franchise. The game was developed by People Can Fly and published by Microsoft Studios. It was the fourth installment in the series and the first to be developed by a studio other than Epic Games.Gears of War: Judgment was an attempt to innovate the series by introducing several new features. The most notable of these was the new “Smart Spawn System”, which allowed enemies to spawn in different locations depending on the player’s

Envestnet to Launch Solution Aimed at Preventing SVB-Like Outcomes for Banks

Source Node: https://zephyrnet.com/envestnet-to-unveil-product-to-help-banks-avoid-an-svb-scenario/
Time Stamp: March 17, 2023 6:35 PM - Modified On: March 17, 2023 - Published By:
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Published by Plato

In recent years, the banking industry has been rocked by a series of scandals involving banks that have failed to properly manage their risk. One of the most notable examples is the collapse of the Swiss bank, SVB, which was brought down by a series of bad investments and mismanagement. In response to this, financial services company Envestnet has announced the launch of a new solution aimed at helping banks better manage their risk and prevent similar outcomes.The solution, called Envestnet Risk Manager, is a comprehensive suite of tools designed

MetaKovan Ends NFT Program After Less Than One Year

Source Node: https://zephyrnet.com/meta-abandons-nfts-after-less-than-a-year/
Time Stamp: March 17, 2023 1:54 PM - Modified On: March 17, 2023 - Published By:
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Published by Plato

MetaKovan, a leading provider of digital collectibles, has announced the end of its Non-Fungible Token (NFT) program after less than one year of operation. The program, which was launched in June 2020, allowed users to purchase and trade digital collectibles using the Ethereum blockchain. The program was designed to provide users with a secure and reliable way to purchase and trade digital collectibles. It allowed users to purchase and store NFTs on the Ethereum blockchain, which provided a secure platform for transactions. However, the program was not without its issues.

Hacker Transfers Funds Stolen Prior to Bounty Launch

Source Node: https://zephyrnet.com/hacker-moves-stolen-funds-after-bounty-launch/
Time Stamp: March 17, 2023 10:55 AM - Modified On: March 17, 2023 - Published By:
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Published by Plato

In recent news, a hacker has managed to transfer funds stolen prior to the launch of a bounty program. This event has caused a stir in the cybersecurity community, as it highlights the importance of taking proactive measures to protect against malicious actors.The bounty program in question was launched by a company in order to incentivize security researchers to identify and report vulnerabilities in their systems. The company had planned to reward successful researchers with a monetary reward. However, before the bounty program was even launched, a hacker managed to

Silicon Valley Bank’s Parent Company, SVB Financial Group, Files for Bankruptcy

Source Node: https://zephyrnet.com/svb-financial-group-the-parent-company-of-silicon-valley-bank-files-for-bankruptcy/
Time Stamp: March 17, 2023 10:46 AM - Modified On: March 17, 2023 - Published By:
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Published by Plato

Silicon Valley Bank’s parent company, SVB Financial Group, recently filed for bankruptcy. This news has sent shockwaves through the financial world and left many wondering what this means for the future of Silicon Valley Bank.SVB Financial Group is a financial services company that provides banking, lending, and other financial services to technology and life sciences companies. The company is based in Santa Clara, California, and has been in operation since 1983. It is one of the largest banks in the Silicon Valley area and is well-known for its innovation and