In the past hour, total liquidations across the network reached $22.27 million, with $19.72 million from long positions, with $2.55 million from short positions. BTC liquidation $754,547.33, ETH liquidation $1.04 million.

Odaily Planet Daily reports that StarkWare CEO Eli Ben-Sasson addressed the potential impact of quantum computing on the crypto industry on X, urging multi-chain ecosystems, including Bitcoin, to proactively deploy post-quantum security upgrades and proposing a five-step action plan: 1. Acknowledge the threat: Once quantum computers mature, they will pose a serious challenge to existing public-key cryptography systems, and decisively implement countermeasures. 2. Strengthen education and information dissemination: Systematically learn about the current state of quantum computing development and feasible post-quantum cryptography (PQC) solutions, and popularize relevant knowledge in the community to improve overall awareness. 3. Organize and invest resources: Support and collaborate with post-quantum cryptography experts to promote multiple research and engineering practices, providing funding and community initiative support for related projects. 4. Listen to expert advice and develop standards: Experts should propose specific technical routes, including the selection of new signature algorithm standards and the appropriate post-quantum security level required for hash functions. 5. Promote protocol and infrastructure upgrades: Introduce new quantum-resistant signature mechanisms at the core protocol layer and ensure compatibility and integration with critical infrastructure such as wallets to ensure a smooth transition.

According to data from on-chain data agency Glassnode, during the significant Bitcoin pullback, there was a noticeable accumulation of BTC in the $60,000 to $70,000 price range, with over 400,000 BTC being bought by investors, indicating strong "bottom-fishing" behavior. The BTC supply in this price range has increased from approximately 997,000 on January 1st to approximately 1.43 million currently, an increase of approximately 429,000 BTC, or 43%. Currently, over 8% of the non-exchange circulating supply is concentrated in this range, forming a dense holding band. (CoinDesk)

According to Huoxun Finance on February 24, following the liquidation of its ID tokens half a month ago, YZiLabs transferred 13.54 million AI tokens (approximately $278,000) and 11.11 million WOO tokens (approximately $176,000) to Binance five hours ago. These tokens were all acquired by YZiLabs as an investment institution through vesting unlocking.

Huoxun Finance reported on February 24th that, according to The Block, prediction market platform Kalshi has removed its affiliate badges from all its X platform accounts. This move stems from X's updated rules last week regarding paid partnerships and promotional content. These rules aim to limit paid affiliate marketing related to gambling and sports betting content and strengthen oversight of the disclosure of such content. Kalshi's affiliate accounts previously used badges to indicate a formal partnership with the platform, typically involving revenue-sharing arrangements. Multiple affiliate accounts confirmed the badges have been removed, with some showing "under review." X's product manager, Nikita Bier, warned accounts that they must disclose their paid affiliate relationship with Kalshi, or face account suspension. He stated that X must prevent content that "distorts or mixes in" public discussion, and undisclosed business relationships will damage users' trust in genuine opinions.