MarsBitNews

Title: Quantum Isn't a Threat to Web3. It's an Upgrade.
Author: DAVID ATTERMANN
Translation: Peggy, BlockBeats
Author: Rhythm BlockBeats
Source:
Reprint: Mars Finance
Editor's note: The discussion around "Will quantum computers destroy Web3" often overlooks the true direction of change. This article points out that quantum is not a threat but a migration of security infrastructure: strong cryptography, perceptible tamper-evident communication, physical-level randomness, and identity verification are gradually becoming foundational capabilities. In this process, blockchains no longer need to repeatedly "compensate" for untrustworthy network environments at the software layer, but can instead focus more on irreducible issues such as governance, incentives, and cross-domain collaboration.
More importantly, the arrival of quantum

Mars Finance reports that Riot Platforms Vice President Pierre Rochard posted on X stating that Bitcoin remains the most underestimated asset in the world.

Bitdeer will clear its Bitcoin reserves by 2026, choosing not to hold Bitcoin, and will raise funds through convertible bonds to cope with difficulties in the mining industry and a sharp decline in Hashprice. Its strategic transformation focuses on high-performance computing and artificial intelligence cloud services to adapt to market changes and shift to a more profitable business model.

Highlights of this Issue
According to incomplete statistics from PANews, there were 10 investment and financing events in the global blockchain industry last week (2.16-2.22), with a total funding amount exceeding $143 million. The overview is as follows:
In the DeFi sector, there was 1 investment and financing event, with on-chain derivatives protocol MYX completing a strategic financing round led by Consensys;
In the Web3+AI track, there was 1 investment and financing event, Unicity

Mars Finance reports that, according to Gate Market data, Nasdaq futures have fallen by 1%, S&P 500 futures are down 0.75%, and Dow Jones futures have declined by 0.6%.

Mars Finance reports that, according to Artemis Analytics data, the circulating market value of the world's largest stablecoin, Tether's USDT, has decreased by approximately $1.5 billion this month, marking the largest monthly decline since the FTX exchange collapse in December 2022. Previously, USDT had shown a continuous growth trend since former U.S. President Trump's return to the White House. This decline also follows a slight pullback in January.

Vitalik Buterin has recently been continuously selling ETH, selling 1,694 coins for $3.31 million in the past 1.5 days, with a total of 8,651 coins sold since February 2nd, amounting to approximately $17.97 million. He currently still holds 10,676 ETH.

The U.S. economy shows resilience in an environment of high inflation and high interest rates. Latest data indicates that the expectation of rate cuts has been postponed, and the market is focusing on PPI data and hawkish signals from Federal Reserve officials. Overall economic growth has slowed but not stalled, and inflation remains a prominent issue.

Mars Finance reports that, according to Jintiao, the USD/JPY has fallen to 154, with a daily decline of 0.66%.

Mars Finance reports that on February 23, according to Alternative data, the cryptocurrency Fear and Greed Index is at 5 (yesterday was 9), indicating an intensification of the "extreme fear" sentiment in the market. Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media activity (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google search trend analysis (10%).

Mars Finance reports that, according to Gate market data, ETH/USDT is currently trading at $1899.8, down 3.76% over the past 24 hours.

Mars Finance reports that Strategy founder Michael Saylor has once again released information related to the Bitcoin Tracker, stating: "The Orange Century." According to previous patterns, Strategy always discloses increased Bitcoin holdings on the second day after related news is released.

Mars Finance News, on February 22, U.S. Treasury Secretary Yellen stated that the issue of tariff refunds will be decided by a lower court. (Jin10)

Breaking News Preview:
Flying Tulip will conduct TGE on February 23;
Alchemy Pay plans to launch the L1 public chain Alchemy Chain testnet on February 23;
U.S. President Trump will deliver the State of the Union address on February 24; on the same day, the U.S. will impose a 10% temporary tariff on certain imported goods;
NVIDIA will release its earnings report after market close on February 25;
Jupiter (JUP)

Mars Finance reports that Coin Bureau citing data indicates that all tiers of ETH whales (divided into three levels: holdings of over 100,000, between 10,000 and 100,000, and between 1,000 and 10,000) are now all "underwater." In this cycle, ETH holders of different sizes are all in a state of unrealized loss for the first time, including the whale group holding over 100,000 ETH. When the strong hands (steadfast holders) are feeling the pain, the weak hands (undecided retail investors) have already exited.