Over the past hour, the entire network has experienced liquidations exceeding $36 million, with BTC liquidations reaching $21.22 million.

Solv Protocol Confirms $2.7 Million Exploit in Bitcoin Yield Vault, Commits to User Compensation

Solv Protocol, a Bitcoin-focused decentralized finance platform, has reported a limited exploit affecting one of its Bitcoin Reserve Offering (BRO) vaults, resulting in the loss of approximately 38 SolvBTC valued at $2.7 million and impacting fewer than 10 users.

PsiQuantum's million-qubit facility begins construction, scientists say this scale is sufficient to crack Bitcoin encryption

Quantum computing company PsiQuantum has launched the construction of a million-qubit quantum computing facility in Chicago, with 500 tons of steel already assembled. The goal is to commercialize quantum computing and support next-generation AI supercomputers. Scientists warn that quantum computing could threaten Bitcoin's cryptographic security.

Bitcoin Reclaims $70K As ETF Flows Stabilize and Selling Pressure Eases

Glassnode reports that Bitcoin's ETF flows are stabilizing after outflows, coinciding with a price rebound above $70,000. Healthy inflows into ETFs indicate a cautious optimism among institutions, but macro risks persist, necessitating continued monitoring of market trends.

Senator Lummis: CFTC Chairman is well aware of the urgency of legislation on digital asset market structure

BlockBeats News, March 6 — Cynthia Lummis, the proposer of the Bitcoin Strategic Reserve Act and Chair of the Senate Banking Digital Assets Subcommittee, stated that she had a meeting with CFTC Chair Michael Selig. The two discussed the digital asset market structure, and the discussion was very pleasant. The CFTC Chair is well aware of the urgency of the moment and looks forward to continuing cooperation in the process of integrating digital assets into the 21st-century financial system.