Thursday, 27 August 2026 · No. 147
StarkWare mines first quantum-safe Bitcoin transaction via MARA Slipstream
Lead story · bitcoin — StarkWare tests quantum-resistant Bitcoin transaction on mainnet (Cointelegraph)
The Lead
StarkWare mined the first quantum-safe Bitcoin transaction on mainnet yesterday using Avihu Levy’s signature-grinding method. The construction moves coins into hash-based outputs that resist quantum forgery without altering consensus rules, yet it costs hundreds of dollars and requires direct miner submission via MARA Slipstream because standard nodes reject the nonstandard script.[1]
Network hashrate sits near 889 EH/s after a 1.31 percent difficulty cut to 125.81T, with the next retarget likely another modest decline. Price holds around $78,800 amid MVRV at 1.49 and Fear & Greed near 71, while exchange flows mix modest outflows with occasional whale inflows. The tension is whether this technical milestone distracts from fading miner commitment and thin spot demand that still relies on derivatives momentum. No clean path exists from one experimental transaction to broad protocol resilience at current costs and relay policies.
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The Reading
Threat
QUIET
Conviction
52/100
19 sources cited
At Publication
Now and change since Thu 27 Aug
- BTC Price
- $78,790
- 24h Change
- -0.27%
- Fear & Greed
- 71
- Hashrate
- 888.9 EH/s
- MVRV
- 1.49
- Block Height
- 964,250
- S&P 500
- 7,675.7
- VIX
- 15.21
- Gold
- $4675
- DXY
- 99.09
- US 10Y
- 4.67%
- Oil
- $81.88
In This Briefing
The past outlook expected the milestone to distract from weak fundamentals, yet BTC rose 1.1% with Fear & Greed climbing from 71 to 73, showing modest spot-driven follow-through rather than derivative-only momentum. Key developments were the absence of any large sell-off despite the experimental transaction and a slight uptick in risk appetite. The narrative correctly flagged the lack of broad protocol adoption, but the price action did not yet confirm fading miner commitment.
Lesson: Single-day price moves can mask structural weakness—always separate short-term sentiment from longer-term adoption signals.

Sentiment is at the edge of its own three-month range — the readings that historically precede a turn, not a continuation.
Quantum resistance now exists for those willing to pay the premium and bypass the public mempool.
Thursday · The wall
$8.4tn of sovereign debt matures in 2026.
That is 20% of $42.3tn outstanding across the US, UK and Japan — all of it to be refinanced at whatever the market charges on the day, not at the coupon it was issued with.
- MATURING 2026
- $8.4tn
- MATURING 2027
- $5.3tn
- TOTAL OUTSTANDING
- $42.3tn
- SHARE THIS YEAR
- 20%
Data as of 2026-08-25 · Maturity Wall → · Free with an account
Instruments for this story
- Fiscal Event Horizon
Today's feature · The wall
Sovereign fiscal stress dossiers — the declassified files
- Sentiment Tracker
Chart of the day
Bitcoin news sentiment — pro vs skeptic framing over time
Go deeper
- When the Machine Breaks
Vienna School · Background to Maturity Wall
Repo 2019, SVB, and the gilt crisis of 2022 — one diagnosis
- The Plumbing
Vienna School · Background to Maturity Wall
Where the real fragility lives
- The MMT Autopsy
Vienna School · Background to Fiscal Event Horizon
Modern Monetary Theory, steelmanned then dissected
The Wire
BITCOIN
Bitcoin below $79,000, XRP leads losses as traders start betting on a Fed hike — CoinDesk
BITCOIN
StarkWare tests quantum-resistant Bitcoin transaction on mainnet — Cointelegraph
CONFLICT
Tanker attack tests Trump’s claim that Hormuz is a 'functioning strait' — CNBC
CONFLICT
Hormuz And The Law Of Diminishing Returns: When Leverage Burns — ZeroHedge
POLITICAL
Qatar’s prime minister to visit Tehran, seeking to revive US-Iran talks — Al Jazeera
POLITICAL
Federal Reserve Governor Lisa Cook denounces Trump’s mortgage fraud claims — Al Jazeera
Sources (19)
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