Here is a clip from an article on India Today.
Scientists have found binary black holes racing towards each other for massive big bang alike collision. A new universe is in the making. Our Universe has some natural ability where an event horizon is always associated with a singularity. But that concept where modern physics has no way to describe what a naked singularity would look like, is ready to be challenged.
Full article here,
http://www.indiadaily.com/editorial/21211.asp