Crypto Mining Company Marathon Digital Announces Launch of Bitcoin Sidechain Development Platform Anduro | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Coinbase says that all services on its site have been restored, that a very small number of user account balances may be inaccurate, and that its technical team is working to resolve the issue.
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)

2. Cryptocurrency Trends:

• Citing two people familiar with the matter, CoinDesk reports that Morgan Stanley is conducting due diligence on whether to add Bitcoin spot ETF products to its brokerage platform.
• Crypto mining company Marathon Digital announces the launch of Anduro, a Bitcoin sidechain development platform.
• In a social media post, Gemini Trust says it has reached a settlement in principle with Genesis and other creditors and that if approved by the bankruptcy court, all Gemini Earn subscribers will receive 100% of their digital assets back in kind.
• Bitcoin returns above the $60,000 price mark for the first time in 829 days.
• VeChain announces the launch of VeBetterDAO, which aims to accelerate the pace of VeChain adoption through user-friendly DApps designed to directly complement the existing token structure by increasing transaction demand and use.
• BounceBit, a Bitcoin staking chain, says on social media that it will launch its testnet on March 8.
• DWF Labs announces the launch of Liquid markets, an OTC trading platform that provides compliant OTC trading for blue chip tokens and altcoins.
• Chain Pixels pets can now be minted by players who have completed the "Key to Success" in-game quest. The minting cost is 500 PIXEL.

3. Financing Trends:

• BounceBit, a Bitcoin staking chain, raises $6 million in seed round funding co-led by Blockchain Capital and Breyer Capital.
• ether.fi, a liquid restaking protocol, raises $27 million in a funding round led by Bullish and CoinFund.
• Backpack raises $17 million in a strategic Series A funding round led by Placeholder at a $120 million valuation.

4. Regulatory Trends:

• According to a sentencing memorandum, FTX founder SBF proposed a sentencing range of 63 to 78 months for his fraud conviction.