CZ: No Need to Panic About Quantum Threat, Cryptocurrency Just Needs to Upgrade to Quantum-Resistant Algorithm
**March 31: CZ Calms Crypto Community Over Quantum Computing Fears**
Binance CEO Changpeng Zhao (CZ) posted on Binance Square March 31, noting he’s observed some in the crypto space panicking or skeptical about quantum computing’s impact on cryptocurrencies. From a macro view, he said, crypto only needs to upgrade to quantum-resistant (post-quantum) algorithms—so panic is unnecessary.
That said, implementation hurdles exist:
- In a decentralized landscape, protocol upgrades aren’t straightforward. Debates over which algorithm to adopt could spark forks.
- Projects that’ve ceased development may never upgrade; cleaning these up could be a net positive.
New code might also introduce short-term vulnerabilities or security gaps. Self-custody Bitcoin holders will need to move funds to quantum-resistant wallets—raising a question about Satoshi Nakamoto’s holdings:
- If those coins are moved, it would signal Satoshi is still alive—an interesting twist.
- If the addresses stay
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The new American Cryptocurrency Political Action Committee BLF has been established to support blockchain-friendly policy candidates
March 31st — With the U.S. 2026 midterm elections approaching, the Blockchain Leadership Fund (BLF), a new cryptocurrency Political Action Committee (PAC), officially launched on March 30, 2026. Founded by members of The Digital Chamber, the fund aims to back candidates who advocate for digital asset and blockchain-friendly policies at the federal, state, and local levels of government. As a hybrid PAC, it can both contribute directly to candidates and fund independent political advocacy activities. Early backers include Anchorage Digital and Chainlink Labs. The crypto industry is ramping up efforts to influence U.S. digital asset legislative processes, particularly amid key discussions on regulatory frameworks like the Digital Asset Market Clarity Act.
Meanwhile, Fairshake — a prominent crypto super PAC backed by Coinbase, Ripple, and Andreessen Horowitz — faced setbacks in the March 2026 Illinois primary elections. Despite strong performance since 2023 (raising $260 million in the
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A whale has deposited 2000 ETH to Binance, worth $4.03 million
On March 31, crypto whale @luggisdoteth (luggis) deposited 2,000 ETH (valued at ~$4.03M) to Binance — per OnchainLens data, marking their first move after two months of inactivity and hinting at a potential upcoming sale.
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Bitcoin Falls Below $66,000, 24-hour Loss Extends to 2.08%
As of March 31, Bitcoin has fallen below $66,000, per HTX market data, with its 24-hour decline widening to 2.08%.
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Trader "Loracle" rekt his HYPE long position at $36 stop-loss, holding less than a tenth of the peak $22 million position size.
**March 31**
Per HyperInsight Monitoring (https://t.me/HyperInsight), the "Hyperliquid Early Contributor Loracle" address (0x8def...) has liquidated its HYPE long positions repeatedly via stop-losses over the past hour. Total sell volume reached 42,200 tokens—equivalent to approximately $1.52 million—with an average closing price of about $38.2.
Following this round of profit-taking, the address’s remaining HYPE long position stands at roughly $1.21 million, with an unrealized loss of around $50,000 (-22%) and an average holding price of $37.63.
This address once held a peak $22 million in HYPE. Since HYPE plummeted from $40, it has consistently cut positions and exited the market: current holdings are now less than 10% of the peak, and it has withdrawn over half its initial position.
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MetaPlanet has received a funding of $255 million, which will be used to hodl over 3800 BTC.
On March 31, Japanese Bitcoin custody firm MetaPlanet announced it has secured $255 million in funding from global institutional investors. At current prices, the capital allows the firm to acquire over 3,800 BTC—potentially making it the world’s third-largest holder of Bitcoin.
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