The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. source: https://www.theblock.co/post/346235/the-daily-cz-denies-seeking-a-pardon-from-trump-amid-binance-deal-reports-groks-unintentional-token-creation-spree-ends-and-more?utm_source=rss&utm_medium=rss

The asset management titan Franklin Templeton hopes to launch an exchange-traded fund (ETF) that will track the price of the fourth-largest cryptocurrency by market cap. On Tuesday, the financial services firm with $1.5 trillion in assets under management (AUM) submitted an S-1 registration to the U.S. Securities & Exchange Commission (SEC) to launch the Franklin […] The post... source: https://dailyhodl.com/2025/03/13/1500000000000-asset-manager-franklin-templeton-files-for-xrp-etf/

The Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, clearing the bill for the full Senate to consider. Senator Bill Hagerty authored the bill, which received the backing of all Republican members of the Committee and Democratic Senators Mark Warner, Andy Kim, Lisa Blunt Rochester, Ruben Gallego, and Angela […] The post Senate Banking Committee passes... source: https://cryptoslate.com/senate-banking-committee-passes-genius-act-with-bipartisan-support-advancing-stablecoin-regulation/

Former Binance CEO Changpeng Zhao is pushing back on a Wall Street Journal report that Donald Trump has held talks with Binance to buy a stake in Binance.US. Earlier today, the WSJ reported that the Binance founder “pushed” for the Trump administration to pardon him for his 2023 guilty plea for violating US anti-money laundering […] The post Binance Founder Refutes WSJ Reports of Trump Plans... source: https://dailyhodl.com/2025/03/13/binance-founder-refutes-wsj-reports-of-trump-plans-to-buy-stake-in-us-arm-of-the-worlds-largest-crypto-exchange/

The XRP-ETH comparison appears to be the focal point of the current negotiations between Ripple and the SEC source: https://u.today/sec-vs-ripple-key-negotiation-issue-revealed

Wall Street is in freefall again. The S&P 500 index has now entered its second correction this week, plunging by another 1.4% on Thursday and bringing its total losses to 10% from its February all-time high, and if this level holds, it meets the official definition of a market correction. The Dow Jones Industrial Average […] source: https://www.cryptopolitan.com/sp-500-set-to-enter-correction-for-the-2nd-time-this-week-as-the-dow-approaches-bear-market/

null source: https://x.com/rewkang/status/1900254171435327550

According to CoinDesk, a federal jury in the Northern District of California has convicted cryptocurrency entrepreneur Rowland Marcus Andrade of wire fraud and money laundering related to the sale of AML Bitcoin tokens. The charges are linked to an initial coin offering conducted by Andrade in 2017 and 2018. Court documents revealed that Andrade, a resident of Texas, misled investors by claiming that AML Bitcoin tokens would be converted into a tradeable cryptocurrency, which never materialized. This conviction concludes one of the earliest and most prolonged crypto "pump-and-dump" cases prosecuted by U.S. federal authorities. The U.S. Department of Justice identified Jack Abramoff, a well-known D.C. lobbyist, as a co-conspirator in the case. Abramoff pleaded guilty in 2020 and paid over $50,000 in disgorgement and interest. He is notably recognized for his role in a federal corruption scandal that led to his imprisonment and was portrayed in the film "Casino Jack." The Department of Justice's statement accused Andrade of misappropriating over $2 million from the sale of AML Bitcoin, using the funds for personal expenses, including purchasing two properties in Texas and two luxury vehicles. Additionally, Andrade falsely asserted that the Panama Canal Authority was nearing an agreement to allow AML Bitcoin for transactions involving ships passing through the canal, a claim that was unfounded. Acting United States Attorney Patrick D. Robbins emphasized the unlawful nature of raising funds through deceit, stating, "Fraudsters often tout new and innovative technology in order to raise money from investors. But raising money through lies and misrepresentations is neither new nor innovative. It's unlawful, plain and simple." Robbins warned that those who deceive investors for personal gain would be held accountable. Andrade is set to be sentenced in July. The Department of Justice's press release indicated that he faces a maximum sentence of 20 years in prison for wire fraud and 10 years for money laundering, along with the forfeiture of all property linked to his fraudulent activities, including the properties acquired in Texas.

Crypto experts weighed in on Bitcoin‘s (CRYPTO: BTC) price drop below $80,000 on Thursday, predicting potential price bottoms for major cryptocurrencies amid source: https://www.benzinga.com/markets/cryptocurrency/25/03/44312723/bitcoin-tumbles-around-80000-experts-see-60000-floor-if-btc-eth-xrp-continue-downtrend?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

The bill’s sponsors say they intend for the GENIUS Act to receive a full vote on the Senate floor by the end of next month. source: https://decrypt.co/309932/senate-stablecoin-bill-passes-out-of-committee-with-strong-bi-partisan-support

The Binance talks are the latest in a series of moves by Trump to embrace the cryptocurrency industry both politically and personally.

Crypto market, bear market clouds looming. Has the crypto bull bubble really burst? Golden Finance, cryptocurrency has truly entered its "turning point" period.

On March 13, 2025, Indian authorities arrested Aleksej Bešciokov, co-founder of the sanctioned crypto exchange Garantex, for allegedly operating it.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

PayFi challenges the key bottlenecks of TradFi by connecting DeFi, RWA, and on-chain credit, transforming payments into dynamic, yield-generating transactions. How will PayFi change the industry?

DeFAI, how is DeFAI developing now after the hype? A look at the current status of the six popular projects Golden Finance, the DeFAI craze is not groundless.

On the evening of March 12, Binance officially announced that Abu Dhabi MGX had completed a $2 billion investment in Binance. This investment not only broke the record for the largest single investment in a crypto company, but was also the largest investment ever made in cryptocurrency.

Recommended readings tonight: 1. Binance received $2 billion in investment and surrendered to the UAE; 2. When will the issue of “coins and shares have equal rights” be resolved for Coinbase stock tokenization? ; 3. Logical analysis of Binance’s reduction of holdings and MGX investment: valuation, motivation and market impact;

"True financial freedom is not about the size of your assets, but the confidence to switch to survival mode at any time"

Meteora co-founder Ben Chow's has reported that his social media account was hacked after a tweet was posted on his account, sparking a controversy around the launch of the Libra (LIBRA), Melania meme (MELANIA), and Official Trump (TRUMP) memecoin tokens.