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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Adobe Firefly 2 brings vectors to generative AI tools in Creative Cloud suite

At their annual Adobe MAX conference, Adobe unveiled new generative AI models that aim to enhance creative workflows. The models include Firefly Image 2, Firefly Vector, and Firefly Design. Firefly Image 2 builds on the previous version’s image generation capabilities. Adobe says it provides more creative control and improved image quality while adhering to commercial The post Adobe Firefly 2 brings vectors to generative AI tools in Creative Cloud suite appeared first on CryptoSlate.

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DeFi 2.0 launches with DeFiGPT, smart contract antivirus, social profiles and new L2 chain

DeFi platform De.Fi has launched its highly anticipated De.Fi 2.0 suite of products and services aimed at enhancing security, usability, and interconnectivity in the decentralized finance (DeFi) ecosystem. De.Fi started in 2020 as a group of yield farmers and has grown to over 3 million users. The company says De.Fi 2.0 will help onboard the The post DeFi 2.0 launches with DeFiGPT, smart contract antivirus, social profiles and new L2 chain appeared first on CryptoSlate.

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