I have the exact same symptoms and issues.
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Sounds like it might be related to this issue:
https://forums.swift.org/t/an-unknown-error-occured-reference-refs-remotes-origin-master-not-found-1/68595/4
I believe this feature was added in Swift 5.4
Swift by sundell has an article about it.
I'm experiencing this same issue. I'm running Monterey on an M1 Mac mini.
I don't know much about it but apparently, a 4X4 matrix is pretty standard for anything having to do with 3D models.
https://math.stackexchange.com/questions/336/why-are-3d-transformation-matrices-4-times-4-instead-of-3-times-3
Same issue:
Xcode 12.4
macOS 11.2.2
Apple M1
I have something similar. Views are showing up in my Library, but not modifiers, even when I have the canvas open.
I'm using Xcode 12.4 and Big Sur 11.2.2.