Odaily Planet Daily News: Metaverse gaming platform Roblox announced that they had failed to successfully withdraw $150 million in company funds before Silicon Valley Bank went bankrupt. However, Roblox stated that as of February 28, 2023, of Roblox Corporation’s total cash and securities balance of $3 billion, only about 5% was held by Silicon Valley Bank, so no matter what the final outcome and processing time are, this situation at Silicon Valley Bank will not affect the company’s daily operations. According to the latest news, due to the intervention measures taken by the US government to protect depositors’ accounts, Roblox will be able to recover all of its $150 million in company funds held in Silicon Valley Bank in the future. (Nftevening)