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The discussion surrounding Bitcoin Improvement Proposal BIP-110 continues to heat up. Bitcoin pioneer and Blockstream co-founder Adam Back retweeted to remind the community that Bitcoin's upgrade capability may be suppressed. This proposal, although described as a temporary soft fork to clean up "garbage data" on-chain to curb the on-chain data inflation brought by protocols like Ordinals, may hinder Bitcoin's future upgrade capabilities because it disables the OP_SUCCESS opcode in Tapscript, which is seen as an important reserved mechanism for future soft fork upgrades of Bitcoin.Additionally, BIP-110 will limit the Taproot control block size to 257 bytes, which may affect the development of potential Layer 2 technologies like BitVM that rely on extensive script execution. Although BIP-110 is positioned as a "temporary measure," Bitcoin soft fork upgrades typically require years of coordination, and restricting upgrade interfaces during this period may have long-term impacts.

According to a report by Cointelegraph, Ark Invest and Unchained jointly released a report stating that although most of the Bitcoin supply is secure against breakthroughs in quantum computing, approximately 34.6% of Bitcoin still faces potential risks.The threatened amounts include about 5 million BTC (25% of the total supply) that are transferable due to address reuse, around 1.7 million BTC (8.6%) stored in early P2PK addresses, and about 200,000 BTC (approximately 1%) affected by the P2TR address type.If quantum computers can break Bitcoin's elliptic curve cryptography (ECC), these funds may face the risk of theft, but this stage is expected to take years to achieve. Ark Invest believes that this is a "long-term risk," and therefore the Bitcoin community has ample time to research and implement quantum protection measures.

The crypto KOL @sillytuna revealed on social media that his personal address has encountered a serious security incident, resulting in a loss of approximately 24 million AUSD. He stated that the incident involved violence, weapons, and kidnapping threats, and the police have intervened. @sillytuna mentioned that he will completely withdraw from the crypto space and is "grateful to have kept his limbs."According to previous news from ChainCatcher, monitoring by Shield indicates that the address associated with crypto KOL @sillytuna (0xd2e8...ca41) has suffered from an address poisoning attack, resulting in a loss of approximately 24 million aEth USDC.

According to Jinshi reports, the dollar fell back after reaching a three-month high on Tuesday, mainly driven by safe-haven inflows and rising oil prices due to the US-Iran conflict.Jefferies economist Mohit Kumar stated that Trump's proposal to provide insurance for ships passing through the Strait of Hormuz and the possibility of Gulf countries taking countermeasures against Iran boosted market sentiment. Federal Reserve's Williams mentioned that cooling inflation could provide room for further rate cuts in the future. Investors are focused on the upcoming US economic data, including the ADP private sector employment report at 21:15 Beijing time and the ISM services index at 23:00.

The Bitcoin financial platform Sats Terminal has received strategic investment from Gate Ventures, a venture capital firm under Gate.com. Gate Ventures is optimistic about the trend of Bitcoin transitioning from a store of value to a productive financial asset, believing that the one-stop Bitcoin financial infrastructure being built by Sats Terminal presents significant market opportunities.In addition to financial support, Gate Ventures will also assist in promoting the synergistic development of Sats Terminal with the Gate ecosystem, exploring more application scenarios for native BTC assets, and enhancing the efficiency of users in obtaining liquidity under self-custody and security conditions.Sats Terminal is positioned as a native Bitcoin financial super application, providing users and third-party wallets and platforms with one-stop trading, lending, and yield services through a modular SDK and native applications. It has previously completed a $1.7 million Pre-Seed funding round, led by Coinbase Ventures and Draper Associates, with Yzi Labs participating in November 2025.Its flagship product, Borrow, was launched in January 2026, allowing users to obtain stablecoins on chains such as Ethereum, BNB Chain, Arbitrum, and Base using native Bitcoin in a non-custodial manner. The yield product, Earn, is expected to be launched in March this year, while the team is also collaborating with mainstream wallets to further expand the coverage of the Bitcoin financial ecosystem.

According to the official announcement, Binance has officially launched five brand new official WhatsApp channels, including Mandarin Chinese, Africa, Arabic, Argentina, and Brazil channels.The announcement states that these WhatsApp-verified channels will only support one-way communication and are the only channel for Binance to enter WhatsApp in the Chinese-speaking community in Africa, the Middle East and North Africa (MENA), and Latin America, as well as non-continental regions.

StarkWare CEO Eli Ben-Sasson spoke on X about the potential impact of quantum computing on the crypto industry, calling for a proactive deployment of post-quantum security upgrades across multi-chain ecosystems, including Bitcoin, and proposed a five-step action plan:Acknowledge the threat and clearly recognize that once quantum computers mature, they will pose a severe challenge to the existing public key cryptography system, and take decisive action to implement countermeasures.Enhance education and information dissemination, systematically learn about the current state of quantum computing development and feasible solutions in post-quantum cryptography (PQC), and spread relevant knowledge within the community to raise overall awareness.Organize and invest resources to support and collaborate with post-quantum cryptography experts, promote multiple research and engineering practices, and provide funding and community initiative support for related projects.Listen to expert advice and establish standards, with experts proposing specific technical routes, including the selection of new signature algorithm standards and the reasonable post-quantum security levels required for hash functions.Promote protocol and infrastructure upgrades, introduce new quantum-resistant signature mechanisms at the core protocol layer, and ensure compatibility and integration with key infrastructures such as wallets to ensure a smooth transition.

Star investor Kevin O'Leary from "Shark Tank" posted on the X platform that he remains bullish on Bitcoin, but now quantum computing has become a new concern. He stated that quantum computing is causing institutions to hesitate, as they worry that one day quantum computers might crack the blockchain.As long as this issue remains unresolved, institutional investors are unlikely to increase their allocation to Bitcoin above 3%. They will remain cautious and disciplined, waiting for clearer conclusions.

According to Cointelegraph, venture capitalist Nic Carter stated in a podcast that the long-term inaction of Bitcoin developers regarding the potential threat of quantum computing to Bitcoin may lead to dissatisfaction among large institutions holding significant amounts of Bitcoin (such as BlackRock), ultimately triggering an "institutional takeover."Nic Carter warned that institutions will not tolerate the core security issues of Bitcoin being ignored for an extended period. "If developers continue to be inactive, institutions will lose patience and will fire the current developers, replacing them with new ones."

According to relevant page information, Bitcoin Improvement Proposal 360 (BIP-360) has been added to the official code repository.This proposal introduces the Pay-to-Merkle-Root (P2MR) output type, aimed at enhancing Bitcoin's defense against quantum computing threats through a soft fork.

According to market news, Strategy's Executive Chairman Michael Saylor announced during the earnings call that a Bitcoin security initiative is planned to address quantum computing and other future security threats. This initiative will collaborate with global cybersecurity, cryptographic security, and Bitcoin security councils to coordinate relevant research and risk responses.Saylor stated that the current consensus is that quantum threats are not expected to materialize for at least another 10 years or longer, and many global teams are already developing quantum-resistant protocols. He emphasized that Bitcoin is scalable, and if a quantum upgrade is needed in the future, its network will become more resilient as a result. He also reminded that it is crucial to seize the opportunity to address such risks; acting too early may lead to immature technology, while acting too late could result in unnecessary risks.

In response to a recently circulated so-called "lawyer's letter," Binance stated that the document was not issued by Binance and is a forged document. Previously, X user Lewsiphur accused Binance of being insolvent and claimed that it would have a more severe impact on the market than FTX. Subsequently, he shared a suspected cease-and-desist letter allegedly issued by Binance, stating that failure to delete the relevant content within the specified time would result in legal action.The official Binance customer service account responded, stating: "This letter did not come from Binance, but is a forged document with strong subjective speculation. We remind users to be vigilant against false documents and misleading information." As of now, the aforementioned related accusations have not been deleted.Regarding the recent bankruptcy rumors surrounding Binance, the company has repeatedly denied them and stated that such claims lack factual basis. Binance co-founder He Yi also mentioned that the concentrated withdrawal behavior initiated in the community can be seen as a stress test to some extent, and on-chain data shows that the related activities have not led to a decrease in the platform's asset scale.

According to reporter Eleanor Terrett, a Democratic staffer stated that the atmosphere of the relevant meeting was "positive," and described it as "the most productive Democratic meeting so far." Chuck Schumer also attended the meeting, emphasizing the importance of industry participation and calling for the momentum of legislative progress to be maintained and for the bill to be passed as soon as possible.Although there are still clear demands regarding certain provisions within the Democratic Party, attendees generally believe that this legislative effort, which was once considered "on the verge of being shelved" a few weeks ago, is currently "far from over," and there is still potential for progress.

Crypto reporter Eleanor Terrett revealed that two insiders disclosed that Senate Democrats plan to hold another closed-door meeting tomorrow to discuss the "Cryptocurrency Market Structure Act" (the CLARITY Act). This will be the first meeting held by Democratic members since the Senate Banking Committee postponed the bill's consideration last month.

The Democratic leader of the U.S. House of Representatives, Hakeem Jeffries, stated that they will not assist the Republicans in quickly passing the federal government funding plan. U.S. media pointed out that Jeffries' statement implies that the U.S. government shutdown may last longer than expected. The U.S. Senate passed the funding bill for several federal departments for the remainder of the fiscal year on January 30, which will be sent to the House for consideration. However, the House is currently in recess and may vote on the funding bill as early as February 2.It is reported that the operational funds for several federal departments, including the U.S. Department of State and the Pentagon, were exhausted as of January 30, causing the U.S. federal government to enter a partial "shutdown" starting at midnight on January 31.

According to market news, the U.S. Senate Agriculture Committee has officially advanced the cryptocurrency market structure bill with a partisan vote of 12-11. This marks the first progress for the bill at the Senate committee level, indicating its entry into a new phase. However, due to the vote being entirely along party lines and lacking Democratic support, the bill still faces significant obstacles for future passage in the full Senate.Committee Chairman and Republican John Boozman stated that significant progress has been made after months of negotiations, and it is now time to move the process forward. However, Democratic chief negotiator Corey Booker criticized the Republicans for withdrawing from negotiations and accused President Trump and his family of profiting from the crypto industry while attempting to push a regulatory framework lacking ethical constraints. Democrats on the committee unanimously oppose the current version but have expressed a willingness to continue negotiations to reach a bipartisan consensus.The bill also needs to pass through the Senate Banking Committee, where its version has progressed slowly due to more controversial provisions involving stablecoin earnings. The White House plans to convene another meeting next week to coordinate positions among the cryptocurrency industry, banking sector, bipartisan lawmakers, and the government. If the bill ultimately passes in the Senate, it will be reconciled with the version that has already passed the House with a high vote and then submitted to the President for signing into law. Analysts point out that as the midterm elections approach, the legislative window is narrowing.

According to official news, Coinbase has announced the establishment of an independent advisory committee on quantum computing and blockchain to address future quantum threats. The committee brings together world-renowned experts with the goal of assessing the impact of quantum computing on the blockchain ecosystem and providing clear, independent guidance to the broader community. The committee will publish position papers on quantum risks, offering defense recommendations for developers and institutions, and providing real-time analysis on technological breakthroughs.Coinbase stated that this committee is part of its post-quantum security roadmap, which also includes updating the handling of Bitcoin addresses, internal key management systems, and advancing support for post-quantum signature schemes like ML-DSA in multi-party computation (MPC) systems. The committee is expected to release its first position paper on quantum risk assessment and resilience building roadmap early next year.Committee members include Scott Aaronson, Director of the Quantum Information Center at the University of Texas at Austin, Dan Boneh, Co-Director of the Blockchain Research Center at Stanford University, Justin Drake, Researcher at the Ethereum Foundation, Sreeram Kannan, Founder of EigenLayer, Yehuda Lindell, Chief Cryptographer at Coinbase, and Dahlia Malkhi, an expert in distributed systems at the University of California, Santa Barbara (UCSB).

Coinbase has announced the establishment of an independent advisory committee on quantum computing and blockchain to address future quantum threats.The committee brings together world-renowned experts with the goal of assessing the impact of quantum computing on the blockchain ecosystem and providing clear, independent guidance to the broader community. The committee will publish position papers on quantum risks, offering defense recommendations for developers and institutions, and providing real-time analysis on technological breakthroughs. Coinbase stated that this committee is part of its post-quantum security roadmap, which also includes updating the handling of Bitcoin addresses, internal key management systems, and advancing support for post-quantum signature schemes like ML-DSA in multi-party computation (MPC) systems. The committee is expected to release its first position paper on quantum risk assessment and resilience building roadmap early next year. Committee members include Scott Aaronson, Director of the Quantum Information Center at the University of Texas at Austin, Dan Boneh, Co-Director of the Blockchain Research Center at Stanford University, Justin Drake, Researcher at the Ethereum Foundation, Sreeram Kannan, Founder of EigenLayer, Yehuda Lindell, Chief Cryptographer at Coinbase, and Dahlia Malkhi, an expert in distributed systems at the University of California, Santa Barbara (UCSB).