Gate News Report, March 11 — According to the latest data from Polymarket, the market odds that DeepSeek V will be released on March 31 are 42%. Currently, the trading volume on this prediction market has exceeded $1.04 million.

Gate News Report, March 11 — According to on-chain analyst Yu Yan's monitoring, a whale opened a long position of 20,000 ETH at a price of $2003 on March 9 (the day before yesterday), with a total value of $40.9 million. It was closed earlier today at a price of $2045, resulting in a profit of $850,000. Currently, this address still holds a long position of 600 BTC (worth $42 million), as well as 10,158 ETH spot bought yesterday (March 10), valued at $21 million.

Gate News Report, March 8 — A 25-year-old mainland businessman reported being illegally confined and extorted by four mainland men at a hotel in Hung Hom, Hong Kong. The suspects assaulted the victim and forced him to provide his cryptocurrency password, then transferred approximately $680,000 worth of cryptocurrency. The suspects then went to the victim's company to take about 42 kilograms of silver goods, with total losses exceeding HKD 6 million. The victim was released in the early hours and reported the case, suffering injuries to the face, arms, and calves. The case is currently classified as illegal confinement and extortion, and is under investigation by the Kowloon City Criminal Investigation Division.

On March 6th, the Base ecosystem token FAI's market capitalization rapidly increased from $32 million to $46 million, and has now fallen back to $42 million, with a 24-hour increase of 54%. FAI is the token of the Freysa AI project, and market fluctuations depend on sentiment and speculation. Investment should be cautious.

FAI ecosystem tokens' market capitalization surged from $32 million to $46 million this morning, then retreated to $42 million, a 24-hour increase of 54%. FAI is the token of the Freysa AI project, which reached a market cap of $660 million last year after Elon Musk retweeted it. ChainCatcher reminds users that Meme coins carry high risks and should be invested in cautiously.

ChainCatcher reports that Ju.com’s 8th ETH New Year event has concluded, with 11,000 participants and approximately $42 million in funds, oversubscribed by 540%. The 9th SOL special session will launch on March 1, offering an 20% discount for participants, along with additional rewards and lottery chances.

Aave DAO is currently voting on a proposal to allocate up to $42 million to Aave Labs, with support votes slightly ahead. The proposal has sparked controversy, mainly because Aave Labs originally planned to force users to migrate to the new version. Critics argue that the funding request is too high and have suggested splitting the vote, but Aave Labs insists on an all-or-nothing vote.