Gary Gensler’s SEC threatened with forced compliance over alleged obstruction by House committee

SEC Chair Gary Gensler faces threats of compulsory process if the agency does not comply with oversight requests from the House Committee on Oversight and Accountability by Oct. 19, Chairman James Comer warned in a letter accusing the SEC of obstruction on Oct. 12. Chairman Comer demanded full cooperation and threatened forced compliance if the The post Gary Gensler’s SEC threatened with forced compliance over alleged obstruction by House committee appeared first on CryptoSlate.

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Microsoft, Adobe and Intel take small step against deepfakes with opt-in tool for ‘combined’ media

A group of major technology companies building AI solutions have formed a new initiative to address the growing challenge of identifying AI-generated synthetic media and “deepfakes.” The Coalition for Content Provenance and Authenticity (C2PA) includes Adobe, Microsoft, Intel, and other tech firms. Their goal is to create an open standard that can certify the origins The post Microsoft, Adobe and Intel take small step against deepfakes with opt-in tool for ‘combined’ media appeared first on CryptoSlate.

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FTX to receive $175M and withdraw up to $1B in other claims against Genesis

The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U.S. Bankruptcy Court for the Southern District of New York. It comes after Judge Sean H. Lane issued a decision on The post FTX to receive $175M and withdraw up to $1B in other claims against Genesis appeared first on CryptoSlate.

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Judge Kaplan allows charitable contributions to be admitted while denying other pre-trial requests

Judge Lewis Kaplan largely upheld his pretrial evidentiary rulings in the case against FTX founder Sam Bankman-Fried, according to an Oct. 11 court filing. Kaplan granted reconsideration on certain issues challenged by Bankman-Fried’s defense but maintained his decisions to preclude arguments about FTX’s lack of regulation and evidence related to the firm’s bankruptcy proceedings. The The post Judge Kaplan allows charitable contributions to be admitted while denying other pre-trial requests appeared first on CryptoSlate.

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Immutable to offer studios up to $100k to build web3 games in partnership with Amazon AWS

In a potentially significant step towards mainstream blockchain-enabled gaming adoption, Immutable, the blockchain gaming platform, secured a strategic partnership with Amazon Web Services (AWS), according to the company’s recent announcement. By joining forces with AWS, Immutable aims to leverage Amazon’s expansive network of game studio leads, thereby facilitating successful deal closures. In turn, game developers The post Immutable to offer studios up to $100k to build web3 games in partnership with Amazon AWS appeared first on CryptoSlate.

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