Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

March 3, Peter Thiel filed a Form 144 with the SEC outlining a plan to sell up to 2 million shares of Palantir Technologies Inc. (PLTR) Class A stock, valued at roughly $280 million. Analysis suggests Thiel will retain approximately 229 million shares—the bulk of his total Palantir holdings—even with this large-scale sale. PLTR’s stock has surged recently on defense contract wins and AI demand, and the news could spark short-term volatility. Per Bitget market data, as of press time, PLTR is trading down 0.99% in pre-market sessions at $143.74.

March 3 — Binance, in partnership with INTERPOL, AFripol and 16 African law enforcement agencies, has launched “Operation Red Card 2.0” to target high-yield investment fraud, mobile payment scams, fraudulent loan apps and other scam infrastructure. Over the roughly 8-week operation, law enforcement arrested 651 suspects, seized 1,442 malicious IPs, domains, servers and related equipment, and recovered more than $4.3 million in funds. Total losses linked to the investigation exceed $45 million, with 1,247 confirmed victims.

On March 3rd, 1M AI News reported that a research team from Singapore Management University, Heidelberg University, Bamberg University, and King’s College London published a paper on arXiv—the first quantitative assessment of how repository-level AGENTS.md files impact AI programming agent efficiency. Stored in a code repository’s root directory, AGENTS.md is an instruction file that explains a project’s architecture, build commands, coding standards, and operational constraints to AI agents. It mirrors Anthropic Claude Code’s CLAUDE.md and GitHub Copilot’s copilot-instructions.md, and is currently used by over 60,000 GitHub repositories. The team ran paired experiments on 124 merged pull requests (each with ≤100 lines of code changes) across 10 repositories, using OpenAI Codex (gpt-5.2-codex) under two conditions: with and without AGENTS.md. Key findings: - Median runtime dropped from 98.57 seconds to 70.34 seconds (a 28.64% decrease) - Median output tokens fell from 2,92

March 3: Coinbase has launched Coinbase Token Manager. Per the official announcement, the tool helps teams manage token cap tables, automate allocation and distribution processes, optimize compliance operations, and integrate seamlessly with its Prime institutional custody solution. Previously, Coinbase acquired token management platform Liquifi and rebranded it as Coinbase Token Manager on February 28.

Per 1M AI News, xAI’s official @grok account released the Grok 4.20 Beta 2 release notes on March 3rd, spotlighting five key updates: - Enhanced instruction-following capabilities - Reduced capability-related hallucinations - Improved scientific text quality (with LaTeX typesetting) - Higher precision for image search triggers - Better reliability for multi-image rendering Grok 4.20 entered public beta testing in late February. Elon Musk previously noted this version uses a "rapid learning" architecture, will roll out weekly improvements alongside release notes, and invites users to share feedback.

**March 3 — Analyst Darkfost cited CryptoQuant data as of March 3, 2026, noting that 38% of altcoins are near their historical lows—up from 37.8% following the FTX collapse, marking the largest altcoin pullback of this cycle.** **Darkfost adds that current market liquidity remains fragile, with capital flowing primarily into high-volatility stocks or commodities. He argues that when market conditions deteriorate to such an extreme level, it often signals a rebound opportunity, recommending investors watch for potential bottom signals.**