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Databricks plans to acquire Tecton, which helps companies build and deploy ML applications, for an undisclosed sum; Tecton was valued at $900M in 2022 (Krystal Hu/Reuters)

Krystal Hu / Reuters : Databricks plans to acquire Tecton, which helps companies build and deploy ML applications, for an undisclosed sum...

1 July 2024

SEC sues parent company of crypto-friendly Silvergate Bank and execs, saying ~$9B in suspicious FTX transfers weren't caught and its AML compliance was poor (Elizabeth Lopatto/The Verge)

Elizabeth Lopatto / The Verge:
SEC sues parent company of crypto-friendly Silvergate Bank and execs, saying ~$9B in suspicious FTX transfers weren't caught and its AML compliance was poor  —  Silvergate Bank, once a cornerstone of the crypto financial world until its collapse in early 2023, defrauded its investors by lying …

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