News

On April 23, the Reppo Foundation announced a strategic funding commitment of $20 million from Bolts Capital to advance protocol development and ecosystem expansion, focusing on building AI training data infrastructure centered around prediction markets. Reppo stated that its core philosophy is to transform human judgment into verifiable and incentivized data sources through prediction market mechanisms, addressing the current challenges of acquiring high-quality data for AI training. The project aims to construct a decentralized data network (Datanets) that supports multimodal data processing, including text, images, audio, and video, to facilitate model training, evaluation, and fine-tuning. RG, co-founder of Reppo Labs, noted that the prediction market is expected to reach an annual trading volume of $1 trillion by the end of this decade, having expanded from sports and events to information and opinion markets. Over the past month, the platform's trading volume has exceeded $2 million, validating the feasibility of its model. The project also proposes using crypto-economic incentives to allow AI agents and robots to pay humans directly for opinions and feedback, reducing reliance on centralized data providers. Currently, Reppo has received support from institutions including Protocol Labs and CMS Holdings.

BlockBeats News, April 23, according to CoinDesk, Bitcoin analyst James Check pointed out that recent advances in quantum computing have once again raised concerns about Bitcoin — theoretically, sufficiently powerful crypto-related quantum computers could break Bitcoin's elliptic curve signatures, exposing Bitcoin with visible public keys, particularly those in wallets from the early Satoshi era. However, market data indicates that even in the worst-case scenario, such a sell-off would be massive but bearable, not catastrophic. It is estimated that about 1.7 million BTC are located in Satoshi-era addresses potentially vulnerable to this type of attack, equivalent to approximately $145 billion at current prices in potential selling pressure. However, data shows that during bull markets, long-term holders (investors holding for at least 155 days) typically distribute 10,000 to 30,000 BTC per day. At this rate, the entire Satoshi-era supply would be equivalent to two to three months of normal profit-taking. In the most recent bear market, more than 2.3 million BTC were traded in a single quarter, exceeding the “target amount” involved in quantum computing concerns, yet the market did not collapse systemically. Monthly exchange inflows approach 850,000 BTC. The derivatives market handles notional trading volumes every few days that equal the entire Satoshi reserve. Check stated that a sudden, concentrated release would still trigger volatility and could lead to a prolonged downturn, but this scenario assumes economically irrational behavior—any entity able to access such assets would be incentivized to gradually distribute them, possibly hedging through derivatives to reduce slippage and maximize returns. He believes that the real issue is not mechanical selling pressure, but governance—the bigger topic is freezing Satoshi's coins through BIP-361 and then letting developments take their natural course.

Golden Globe April 23｜Nestlé (NSRGY.US) rose more than 5%, reaching a high of $102.06, marking a new high in over a month. On the news side, Nestlé's natural sales growth in the first quarter was 3.5%, exceeding analysts' expectations, driven by strong snack and coffee sales, which offset the impact from the recall of infant formula in more than 60 countries. The company maintains its full-year guidance, aiming for internal growth between about 3% and 4%, with the basic trading operating profit margin expected to increase year-on-year and further strengthen in the second half, and free cash flow projected to exceed 9 billion Swiss francs. In addition, Nestlé announced the sale of Blue Bottle to Luckin Coffee shareholder Dachen Capital.