Crypto Lender Nexo Spawns New Bank Run

The crypto lending industry has been hit with a major blow as Nexo, one of the leading crypto lending platforms, has seen withdrawals worth over $158 million in the last 24 hours following a raid by B...

Crypto Panic at Silvergate Spawns a New Breed of Bank Run

(Bloomberg) — When US banks fell like dominoes during the Great Depression, the cause was often a classic run: Depositors withdrew cash en masse amid fears that lenders were amassing huge losses...

Enraged Worries That Generative AI ChatGPT Spurs Students To Vastly Cheat When Writing Essays, Spawns Spellbound Attention For AI Ethics And AI Law

What will generative AI such as ChatGPT do to our schools, our teachers, our students, and the … [+] future of writing? A monumental question to be addressed. getty Is the written essay by moder...

China’s diktat against NFT flipping spawns

Some in mainland China are trading on WeChat groups This made the industry spawn that caters to the fervor over the asset class Chinese language NFT market has ballooned to three billion yuan in April...