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According to Decrypt, Bitcoin mining company TeraWulf announced its first-quarter financial report, with a net loss of $427 million, compared to a loss of $61.4 million in the same period last year. The company's revenue was $34 million, of which 60% (approximately $21 million) came from AI computing business, a quarter-over-quarter increase of 117%; revenue from Bitcoin mining, on the other hand, decreased by 50% quarter-over-quarter to approximately $13 million.The CEO stated that the first quarter is a year of execution, and the company has established a complete platform, transforming its foundation into operational performance and recurring revenue. TeraWulf CFO Patrick Fleury mentioned that the company is shifting towards a more stable contracted revenue model, reducing its reliance on the volatility of Bitcoin mining. The company will continue to repurpose some of its Bitcoin mining operations to support higher-value high-performance computing workloads.

Bitcoin mining company TeraWulf announced its Q1 financial report, showing that its high-performance computing (HPC) business has for the first time surpassed Bitcoin mining revenue, marking a critical stage in the company's transformation towards AI and cloud computing infrastructure.The company's total revenue for Q1 was $34 million, roughly flat compared to the same period last year. Among this, HPC leasing revenue reached $21 million, surpassing the less than $13 million from digital asset mining for the first time, becoming the main source of income. The financial report also indicated that the company's net loss widened to $427.6 million, mainly due to the impact of non-cash warrant revaluation. However, CFO Patrick Fleury emphasized that the company is transitioning from "volatile mining revenue" to "stable long-term computing power contract revenue." Currently, TeraWulf has 60 MW of HPC capacity generating revenue at its Lake Mariner data center in New York and plans to continue expanding within the year. At the same time, the company is transforming part of its mining infrastructure into AI/HPC computing resources to support massive computing power demands. This trend is spreading throughout the industry, with Bitcoin mining companies like Riot Platforms also expanding their revenue structure through data centers and AI contracts, gradually transforming into "computing power infrastructure companies."

According to The Block, quantum security startup Project Eleven released a report stating that the "Q-Day," when quantum computers could break modern encryption technology, may arrive as early as 2030, with a probability of occurring before 2033 "likely exceeding 50%." The report warns that the enhancement of quantum computing capabilities will not be a linear progression but rather a leap "from nothing to something, triggered at once." Currently, approximately 6.9 million BTC (worth over $56 billion) are at risk of quantum attacks under certain conditions.In response to the aforementioned threat, several solutions have emerged in the industry: Paradigm researcher Dan Robinson proposed using timestamp proofs to help holders recover assets on future quantum-safe versions of the Bitcoin network; the BIP-361 proposal by Jameson Lopp and others suggests establishing a multi-year migration window to guide users in transferring funds to quantum-resistant addresses. Google has also advanced its quantum-resistant encryption migration target to 2029.

Grayscale stated that although advanced quantum computing poses a long-term potential threat to traditional cryptography and supports all mainstream blockchains in accelerating quantum-resistant upgrades, this is not the main driver behind the recent decline in Bitcoin prices.Grayscale observed that in recent months, Bitcoin has shown a synchronized trend with the stock prices of publicly traded companies focused on quantum computing. If quantum computing breakthroughs were to exert substantial pressure on Bitcoin, the stock prices of quantum computing companies should rise, but the opposite has actually occurred. Furthermore, since October of last year, the decline in Bitcoin and quantum computing stocks mainly reflects the overall derisking of growth assets triggered by market concerns over the impact of AI.Although Bitcoin's recent correlation with investor sentiment in cutting-edge technology assets like quantum computing has increased, this has not changed its value storage function in a diversified portfolio. Investors do not need to wait for blockchain to fully complete quantum-resistant upgrades to gain relevant exposure.

Researcher Dan Robinson from Paradigm proposed a new scheme called PACT (Verifiable Address Controlled Timestamp), aimed at protecting long-dormant bitcoins, including Satoshi's early addresses, from future quantum computing attacks.This mechanism allows users to prove their control over an address through a timestamp without the need to transfer assets or expose on-chain behavior. Once future quantum attacks occur, assets can be recovered in a quantum-resistant version of the Bitcoin network based on that proof. Compared to mandatory migration schemes (like BIP-361), PACT avoids the privacy exposure issues caused by actively transferring assets, providing long-term holders with a more flexible preemptive protection path.

The decentralized AI computing Layer 1 network Kaisar Network announced that it has completed $4 million in financing to date, with $1 million from a strategic Pre-Seed round.Kaisar Network is incubated by Outlier Ventures and Borderless Capital, with investors including Merov Capital, StoneBlock, WM Capital, Arche Fund, Q42, Unicorn Ventures, and others. Kaisar announced the launch of Token AI, allowing users to access decentralized GPU computing, AI credits, and agent services.

According to official disclosure from 0G Labs, 0G Private Computer has officially launched, providing privacy inference services based on TEE (Trusted Execution Environment) for AI agents and developers. Users can access the service through pc.0g.ai.The official statement indicates that the product utilizes a hardware isolation environment composed of Intel TDX CPU and NVIDIA H100/H200 GPU, with all inference requests completed within the TEE. Input content is transmitted in an encrypted manner, and output results will undergo signature verification, ensuring that service providers cannot directly view user data.Currently, the platform supports models such as DeepSeek DeepSeek Chat V3, Alibaba Qwen3.6 Plus, Zhipu AI GLM-5-FP8, Qwen3-VL-30B, OpenAI Whisper-large-v3, and z-image, and provides an interface compatible with the OpenAI API, allowing developers to complete migration by modifying the base URL.

OpenAI's recent internal growth targets have not met expectations. CFO Sarah Friar warned that if revenue growth does not keep pace, the company may struggle to fulfill its commitment of approximately $600 billion in computing power procurement, and the board has begun to review the data center investment expansion plans.Reports indicate that ChatGPT user growth, revenue targets, and subscription retention are all under pressure. Despite OpenAI recently completing a $122 billion financing round, the company's management is still discussing long-term capital expenditures and the pace of an IPO. OpenAI has denied that there are significant internal disagreements.

The decentralized computing platform VORAN announced the successful completion of a $3 million seed round financing. The participating institutions in this round of financing include IBC Group, CGV, All In Club, Harbor Digital Ventures, and several senior figures in the Web3 field.It is reported that VORAN aims to provide scalable decentralized computing services globally. The official statement indicates that the funds raised in this round will mainly be used to accelerate the development and iteration of platform applications and further expand its underlying infrastructure.

According to official news, the Trump family mining company American Bitcoin announced that it has completed the power deployment of approximately 11,298 ASIC miners, further advancing its expansion plan and enhancing overall mining capacity.Data shows that after this expansion, the company's total self-owned hash rate reaches approximately 28.1 EH/s, an increase of about 12% compared to before; the total scale of miners has increased to approximately 89,242 units, with new hash rate of about 3.05 EH/s and energy efficiency of about 13.5 J/TH.In terms of operations, approximately 58,999 miners are currently online, corresponding to a hash rate of about 25.0 EH/s, with an average energy efficiency of about 14.1 J/TH. The company stated that this round of expansion will strengthen its structural advantages in Bitcoin accumulation.

The "Quantum Computing and Blockchain Independent Advisory Committee" established by Coinbase has released its first position paper. The core conclusion of this position paper is that the core infrastructure of Bitcoin is fundamentally secure. Quantum computing does not pose a substantial threat to Bitcoin mining, hash functions, and the historical records of the blockchain. The real vulnerability lies at the wallet level, and Ethereum has laid out a clear roadmap to address this issue in the near future.Previously, Coinbase announced the establishment of the Quantum Computing and Blockchain Independent Advisory Committee in January this year, with committee members including researchers from Stanford University, the University of Texas at Austin, and the Ethereum Foundation.

The Coinbase Quantum Computing and Blockchain Independent Advisory Committee has released its first position paper stating that sufficiently powerful quantum computers may be able to crack the encryption mechanisms used by mainstream blockchains to protect digital assets in the future. However, such devices do not currently exist, and encrypted assets remain secure for now. The industry should begin preparing for quantum resistance upgrades starting now.The document points out that there are currently no substantial risks associated with Bitcoin mining, hash functions, and on-chain historical records; the main vulnerability lies in the digital signatures at the wallet layer. Ethereum has proposed a clearer migration roadmap, and Solana, Algorand, and Aptos have also begun to provide or plan quantum resistance solutions.

ChainCatcher reported live that Hong Kong Legislative Council member (Technology and Innovation sector) Kenneth K.Y. Lau shared a keynote speech titled "Steady and Progressive Development Keeps Hong Kong at Forefront of Web3 Expansion" at the 2026 Hong Kong Web3 Carnival.He reviewed the development of Web3 in Hong Kong since 2022, from the licensing system for virtual asset service providers, the pilot of tokenized products, to last year's Policy Declaration 2.0 and the SFC ASPIRe roadmap, believing that regulatory clarity is the primary condition for the industry's development.He specifically compared the regulatory paths of the United States and Hong Kong, pointing out that although the U.S. has introduced important documents such as the Clarity Act, Genius Act, and the joint statement from the SEC and CFTC, the political situation may lead to legislative delays or even reversals; in contrast, Hong Kong provides a stable, transparent, and continuous development environment in terms of product classification, legislation, and infrastructure.He also mentioned the potential threat of quantum computing to the cryptocurrency industry, believing that at least five more years are needed, but the industry should prepare in advance at the cryptographic level. Finally, he emphasized that Hong Kong needs more technology developers and should promote cross-jurisdictional connectivity to form a positive flywheel for product issuance, investor participation, and innovator entry.

Crypto Council for Innovation announced the acquisition of Digital Energy Council, marking its first expansion into the energy policy sector.Crypto Council for Innovation (CCI) is a global industry advocacy organization, with members including several cryptocurrency and fintech companies, primarily promoting digital asset regulation, technological innovation, and policy communication, dedicated to building bridges between government and industry. Previously, the organization played an important role in U.S. policy lobbying. Digital Energy Council focuses on energy issues related to the digital economy, particularly the impact of cryptocurrency mining, data centers, and high-performance computing (HPC) on power systems, with core concerns about energy supply, grid stability, and national security. Following this integration, the energy sector will focus on promoting policy directions, including energy development, grid resilience, U.S. competitiveness, and critical infrastructure security.

According to official news, BitMEX Research has released a new research article proposing that in response to the risk of future quantum computers potentially breaking elliptic curve signatures, the Bitcoin network could adopt an alternative soft fork mechanism to "directly freeze" to reduce controversy and increase flexibility.The proposal revolves around "quantum-vulnerable fund freezing," but suggests avoiding the direct freezing of all related assets without evidence, instead gradually implementing security strategies through a verifiable condition-triggering mechanism. The core of the proposal is to establish a "signal vault," which contains special addresses generated using "accidental numbers" to prove that no one possesses their private keys. If passive spending occurs from that address, it will be regarded as on-chain evidence that quantum computing capabilities genuinely exist, thereby immediately triggering a comprehensive freeze of quantum-vulnerable assets.At the same time, the fund could attract capital through a multi-signature structure as a "quantum bounty," aimed at incentivizing potential attackers to expose their capabilities. The article also mentions that there is currently a BIP-361 proposal promoting the phased disabling of the old signature system and ultimately freezing risky assets, but this proposal is controversial due to its involvement in "mandatory freezing."The newly proposed "signal-trigger + security window" mechanism aims to replace the fixed-time freeze path, reducing potential system shocks while retaining Bitcoin's censorship-resistant characteristics, but it also brings complexity and execution risk trade-off issues.

According to Cointelegraph, the publicly listed AI cloud infrastructure company CoreWeave announced a $6 billion agreement with quantitative trading firm Jane Street to provide AI cloud computing services through multiple data centers to support its trading and research operations.According to the announcement, Jane Street also purchased $1 billion worth of CoreWeave Class A common stock at a price of $109 per share. CoreWeave transitioned from a cryptocurrency mining business to an AI cloud computing infrastructure company back in 2019 and has since taken a leading position in the "new cloud computing" sector.

According to The Information, SpaceX recorded a loss of nearly $5 billion in 2025, primarily due to a significant increase in investments in AI-related infrastructure and computing power.The report pointed out that SpaceX is accelerating its layout in AI and high-performance computing capabilities, including data center construction and computing power procurement, to support its long-term strategy in satellite networks and automation systems. However, the high capital expenditures have significantly eroded profit performance in the short term.Despite the large losses, the market generally believes that SpaceX's core revenue sources—businesses including Starlink—are still growing, and the investments in AI are more forward-looking, aimed at strengthening its competitive advantage in the fields of communication and aerospace data processing.

Zhao Changpeng stated in an interview with TBPN that quantum computing could disrupt existing cryptocurrency mechanisms, and Bitcoin may need to fork to adopt quantum-resistant encryption technology. "Quantum computing may be able to break existing encryption mechanisms, but as quantum computing develops, new encryption algorithms will emerge. There are already quantum-resistant encryption algorithms, and quantum computers do not have an advantage in breaking these algorithms. Therefore, we just need to upgrade the protocol and adopt these encryption mechanisms."

TON Financial Company AlphaTON Capital announced a strategic financing agreement with Vertical Data totaling approximately $43 million.AlphaTON stated that this financing collaboration focuses on AI hardware deployment, which will accelerate its "privacy computing" and sovereign AI infrastructure development, and support the integrated development of AI, digital assets, and confidential computing. It is reported that its AI and privacy computing infrastructure will also provide underlying computing power support for related applications of partners such as Telegram and Animoca Brands.

The Bitcoin protocol Layer2 settlement network officially launched on April 6, achieving optimization and upgrades in on-chain data statistics and computing capabilities.In terms of technology, Layer2 supports deep cumulative calculations on-chain, which can more accurately reflect the on-chain team size and business data, improving processing efficiency in complex scenarios.In terms of governance, the protocol has transferred core permissions to a multi-signature contract, while adopting a dual-track governance model where developers and core community members each hold 50%, with an execution threshold of 65%, further enhancing decentralization.This upgrade completes the transition of the protocol to community autonomy, providing technical and governance references for the DeFi sector.