Gate News, on March 17, Micron Technology (stock code MU.O, American memory chip manufacturer) stock price hit a historic high, with the latest gain of 3.5%.

The UK High Court ruled on March 10 that established the phased lead counsel and registration system for Qian Zhimin's 60,000 BTC money laundering case, with the case entering a clearly scheduled advancement phase. Fei Shi Law Firm was designated as the phased lead counsel for 281 claimants, responsible for unified statement and argumentation.

On March 17, a short-term interest rate options trade betting on the Federal Reserve maintaining higher rates for an extended period closed for a profit of approximately $10 million, exiting ahead of the Federal Reserve's policy meeting. The core thesis of the trade predicted that U.S. interest rates in 2028 would be higher than market expectations. Driven by inflation concerns, the market has downward-revised its expectations for rate cuts.

Foreign exchange traders are heavily purchasing safe-haven instruments and hedging options due to concerns that the Middle East situation could trigger market shocks, with butterfly option demand showing significant increases. EUR/USD option demand reached an 11-month high in early March.

On March 17, London Metal Exchange copper inventories surged to 18,775 tons, hitting the highest level since 2019, putting pressure on copper prices with a short-term decline exceeding 1.4%. On-chain longs faced floating losses, with the largest long position's losses expanding to 41%.

Gate News, on March 17, according to Polymarket team developer Suhail Kakar citing Dune data, Polymarket's weekly trading volume last week broke through 2.1 billion dollars, setting a new historical high for the platform's weekly transaction volume.

Gate News reported that as of March 17, according to Dune data, Pump.fun's Meme token graduation rate for last week (March 9-March 15) rose to 2.01%, marking a new high since July 2025. Meanwhile, since the final week of February, Pump.fun's weekly Meme coin graduation rate has rebounded to above 1%.

In the Polymarket "UEFA Champions League Winner" prediction market, one account heavily bet $2.3 million, predicting Atalanta will not win the championship, with total bets reaching $3.1 million. The event contract trading volume has exceeded $287 million.

Rakuten Group announced the release of Rakuten AI 3.0 on March 17, a high-performance AI model with 671 billion parameters optimized for Japanese. The company claims that it outperforms GPT-4o on multiple benchmark tests. The model is freely open-sourced under the Apache 2.0 license, fine-tuned based on the DeepSeek V3 model, and received training computational support from the Japanese government.

Dark Matter Labs released a technical report proposing to replace residual connections in Transformers with attention mechanisms to improve computational efficiency. Elon Musk praised this work, and young co-author Chen Guangyu responded to external skepticism, emphasizing teamwork. Chen Guangyu is a 17-year-old high school student who previously won at a hackathon.