Overview of important developments on March 11th at noon

1. SBF is seeking a pardon from Trump;

2. Japanese and Korean stock markets open significantly lower following the fall of US stocks;

3. The Beta version of Movement's main network is officially online;

4. VanEck registers Avalanche ETF in Delaware;

5. Musk responds to Tesla's big drop: Everything will get better in the long run;

6. Mt.Gox transfers 11,500 BTC to an unknown address, worth about $905 million; 

7. U.S Senate updates stablecoin bill GENIUS Act 2025: Expanding overseas jurisdiction for reciprocal provisions on stablecoin payments.