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Latest headlines from Coindesk.

Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny

Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking...

https://www.coindesk.com/policy/2024/03/20/crypto-fan-won-ohio-senate-primary-that-could-alter-the-industrys-us-destiny/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Does Sam Bankman-Fried Deserve 50 Years in Prison?

The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as s...

https://www.coindesk.com/policy/2024/03/20/does-sam-bankman-fried-deserve-50-years-in-prison/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say

Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the F...

https://www.coindesk.com/policy/2024/03/20/dojs-proposed-50-year-sentence-for-sam-bankman-fried-disturbing-ftx-founders-lawyers-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund

Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms.

https://www.coindesk.com/web3/2024/03/19/immutable-king-river-capital-polygon-labs-set-up-100m-web3-gaming-fund/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether ETFs Likely Won't Get Approved in May, Bloomberg Analyst Predicts

Odds that spot ether ETFs will get approved in May have gotten slimmer, according to a Bloomberg ETF analyst who cited U.S. regulators' seeming lack of engagement with potential issuers over the produ...

https://www.coindesk.com/markets/2024/03/19/ether-etfs-likely-wont-get-approved-in-may-bloomberg-analyst-predicts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BlackRock Creates Tokenized Asset Fund, SEC Filing Shows

The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.

https://www.coindesk.com/policy/2024/03/19/blackrock-creates-tokenized-asset-fund-sec-filing-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk

Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.

https://www.coindesk.com/markets/2024/03/19/bitcoin-rebounds-to-65k-as-investors-weigh-looming-fed-decision-risk/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lorraine Marcel: Bringing Bitcoin to African Women

The founder of Bitcoin Dada, a virtual education program and sisterhood started in Kenya, on how she’s getting African women involved in the Bitcoin space.

https://www.coindesk.com/consensus-magazine/2024/03/19/lorraine-marcel-bringing-bitcoin-to-african-women/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Halving Is a ‘Show Me the Money’ Moment for Miners

With April’s “halving” set to cut mining rewards by half, Bitcoin miners are upgrading to more efficient mining machines, cutting costs, finding cheaper sources of power and exploring mergers and acqu...

https://www.coindesk.com/consensus-magazine/2024/03/19/bitcoin-halving-is-a-show-me-the-money-moment-for-miners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain

The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.

https://www.coindesk.com/business/2024/03/19/sygnum-tokenizes-50m-of-fidelity-international-fund-as-matter-labs-moves-reserves-to-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Optimism Finally Starts Testing 'Fault Proofs' at Heart of Design – and of Criticism

A version of the new proof system, which will help secure withdrawals from Optimism and other networks based on its tech, will be deployed to Ethereum's Sepolia test network on Tuesday.

https://www.coindesk.com/tech/2024/03/19/optimism-finally-starts-testing-fault-proofs-at-heart-of-design-and-of-criticism/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating s...

https://www.coindesk.com/policy/2024/03/19/genesis-to-pay-sec-21m-penalty-to-settle-charges-over-gemini-earn-product/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase's Allies Join Crypto Firm's Case Against SEC

Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the...

https://www.coindesk.com/policy/2024/03/19/coinbases-allies-join-crypto-firms-case-against-sec/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Luxor Looks to Help Bitcoin Miners Hedge Halving Risk With New Hashrate Futures

The bitcoin mining software and services company partnered with Bitnomial to offer cash-settled hashrate futures.

https://www.coindesk.com/business/2024/03/19/luxor-looks-to-help-bitcoin-miners-hedge-halving-risk-with-new-hashrate-futures/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Michael Saylor's MicroStrategy Acquired Another 9,245 BTC For $623M

MicroStrategy now holds approximately 214,246 BTC ($13.5 billion), which is more than 1% of all the 21 million bitcoin that will ever exist.

https://www.coindesk.com/markets/2024/03/19/michael-saylors-microstrategy-acquired-another-9245-btc-for-623m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Citi and Brazilian Development Bank Join Hyperledger Foundation

The Foundation has also launched a collaborative working group for traditional financial institutions to work atop of the company’s Besu Ethereum client.

https://www.coindesk.com/markets/2024/03/19/citi-and-brazilian-development-bank-join-hyperledger-foundation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines