Chinese Hackers Test Their Quantum Computers
Biggest Bitcoin Hack Ever
They just stole 400,000 ETH coins worth $1.5 billion dollars
We have been trying to warn you in Bitcoins Forbidden Secrets of the coming Q-day attack. That’s when Thirty Trillion in Bitcoins are Hacked by Quantum Computers. In the biggest sneak attack ever.
The world’s largest cryptocurrencies continued their downward trend, with Bitcoin dropping to its lowest level since November 11. The decline intensified amid increasing uncertainty over Trump’s tariff plans, coupled with last week’s $1.5 billion Bybit crypto heist, which shook investor confidence. Bitcoin slumped 5.48%, selling for $79,997 at 9:39 pm ET. Ethereum plummeted 6.50%, selling for $2,151 at 9:44 pm ET.
NN: This wipeot is jt getting stared. The Forbiden Secere of BitCoin is the Quantim Computer Hacks have started
Amid growing concerns over a potential attack, Iran has significantly reinforced security around its nuclear facilities, deploying additional air defence systems to key sites. The move comes in response to heightened tensions with Israel and the United States. Iran has long been fortifying its nuclear and missile facilities, but recent Israeli military actions and US intelligence warnings have accelerated its defensive measures. The security enhancements follow reports that Israel, with US backing, may be planning a joint strike against Iran’s nuclear infrastructure. Iranian defence forces are on high alert, particularly at undisclosed locations. A source stated, “They are just waiting for the attack and are anticipating it every night.” Iran’s increased military preparedness follows Israel’s recent airstrikes on the Parchin military complex near Tehran, which destroyed the “Taleghan 2” facility—allegedly involved in nuclear weapons research, according to a US-based Axios report. Israeli Prime Minister Benjamin Netanyahu has been vocal about Israel’s stance on Iran, stating, “Over the last 16 months, Israel has dealt a mighty blow to Iran’s terror axis. Under the strong leadership of President Trump and with your unflinching support, I have no doubt that we can and will finish the job.” Since returning to office, US President Donald Trump has reinstated his “maximum pressure” policy of economic sanctions against Iran, mirroring his earlier term’s aggressive stance. The US had previously withdrawn from the 2015 nuclear deal, citing concerns over Iran’s alleged pursuit of nuclear weapons—a claim Tehran has repeatedly denied. Supreme Leader Ayatollah Ali Khamenei dismissed the possibility on February 15, saying, “No problem will be solved by negotiating with America.” Despite its defensive upgrades, Iran’s security infrastructure remains vulnerable. Sources noted that Israel’s strikes have weakened Iran’s existing air defence network, and its Russian-supplied S-300 missile systems are insufficient to counter advanced Israeli weaponry. To strengthen its defences, Iran has sought an expedited delivery of Russian S-400 missiles and is actively developing a ballistic missile defence system. Michael Waltz, the US National Security Adviser, reaffirmed the US’s hardline stance, stating last week, “All options are on the table.” He also warned against Iran acquiring nuclear capabilities, adding, “They are an irrational actor that we cannot allow to have their finger on the button.”
President Donald Trump has announced that 25% tariffs on Canada and Mexico exports to the United States will go into effect on March 4, adding that he will impose an additional 10% tax on Chinese imports in what could be the beginning of trade wars between the U.S. and its biggest trading partners. Trump paused the sweeping duties on Canada and Mexico on February 3 for one month after both countries’ announced new border security measures.
Oil flows facing tariffs represent 44% of U.S. oil product imports, 69% of crude oil imports and 81% of heavy crude oil imports. The U.S. imported ~ 6.6 million barrels per day (mb/d) of crude oil in 2024, of which 4.0 mb/d was heavy oil for use in upgraded refineries with cracking units. Canada provided 75% of U.S. heavy crude oil imports in 2024, with its market share having steadily increased since 2000,
squeezing outflows from Mexico, Venezuela and Colombia. Some 80% of Canada’s crude production flows downstream to U.S. refiners, with U.S. imports of Canadian crude reaching a record high of 4.42M bbl/day in the week ending January 3, according to the U.S. Energy Information Administration. Canadians overwhelmingly support retaliatory tariffs, with Bloomberg reporting that 82% support export levies on oil exports if Trump imposes tariffs on Canadian oil. Whereas Canadians traditionally considered export taxes on energy to be politically divisive, the robust backing reveals the level of anger amongst the public over Trump’s actions and gives Justin Trudeau’s government greater license to respond in kind if Trump carries out his threat. The trade war looms large at a time when trade volumes between the U.S. and Canada have been surging. Canada’s energy exports to the United States surged in the latter part of 2024, helping the country record its biggest surplus with its main trading partner since 2022. Crude oil exports jumped amid a weakening Canadian dollar as well as traders stockpiling inventories ahead of Trump’s tariffs. The trade surplus widened to C$11.3 billion in December, up from C$8.2 billion previously, while crude exports to the U.S. jumped 11.8% in the final quarter. Nearly 76% of all exports by Canada went to the U.S. compared to 62% of all imports coming from the U.S. Last year, the value of Canada’s imports and exports with the U.S. surpassed the C$1 trillion mark for a third straight year.
Crude oil inventories in the United States saw a decrease of 2.3 million barrels during the week ending February 21, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were mixed prior to the crude data release by the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a dip of 640,000 barrels in U.S. crude oil inventories. The Brent benchmark was trading slightly down, off 0.05% at $72.98 at 10:24 am, just minutes before release. The WTI benchmark was trading slightly up at +0.03% at $68.95. The dip in crude inventories partially offsets the 4.6 million barrel build that the EIA estimated for the week prior. For total motor gasoline, the EIA estimated that inventories increased by 400,000 barrels for the week to February 21, with production averaging 9.2 million barrels daily. This compares with an inventory slump of 200,000 barrels for the previous week and an average daily production of 9.2 million barrels daily. For middle distillates, the EIA estimated an inventory increase of 3.9 million barrels for last week, with production averaging 5.2 million barrels daily. This compares to an inventory dip of 2.1 million barrels for the week prior, when production stood at an average 4.7 million barrels daily. Distillate inventories are now 8% below the five-year average for this time of year. Total products supplied over the last four weeks decreased to an average 20.3 million barrels per day—a 4.2% increase over this time last year. Distillate products supplied over the last four weeks are up 13.1% compared to this time last year, while gasoline product supplied is off 0.1% from the same period last year.
Oil slipped to a new low for the year as US President Donald Trump blitzed markets with a slew of conflicting announcements on trade. West Texas Intermediate retreated to settle further below $69 a barrel at the lowest closing price this year, following a choppy session in which thin volumes amplified swings. Trump on Wednesday made a series of apparently contradictory statements about his plans to impose tariffs on Canada, Mexico and the European Union. The uncertainty over Trump’s actions and the threat of multiple international trade wars have cast a pall over the outlooks for economic growth and energy demand in both the US and China, the world’s two largest consumers of crude. The US diesel market already is also showing signs of demand weakness, with futures for the fuel sinking 1.9% after government data showed inventories swelled the most since early January. “Trump actions are hurting consumer and business confidence, which again will weaken actual consumption,” said Bjarne Schieldrop, chief commodities analyst at SEB AB. Trump on Wednesday first said his planned tariffs on Canada and Mexico would move forward before later saying they would be implemented in early April, about a month later than previously scheduled. The president also said he’d impose 25% duties on the European Union, before shifting to talk about tariffs on automobiles and other topics. The prospect of increased flows also weighed on prices as the White House confirmed plans for Ukrainian President Volodymyr Zelenskiy to visit the US, signaling that Russia’s crude may flow more freely in the near future if a peace deal is reached. At the same time, Iraq reached a pact with the Kurdistan region to resume oil exports.
The trade and supply news overshadowed potentially bullish developments, including:
Nick Note: Its amazing to me that the market is pricing in will only be a miniscule increase if any of Russian oil supplies to market. Sometime in the future if and when a piece deal is enacted and sanctions are lifted. The market is ignoring the termination of the Venezuelan oil export facility through Citgo. The market is ignoring the fact that America is increasing sanctions on Iranian oil exports. And with Israel is about to go to war with Iran. and 3.8 million barrels of oil per day will be blasted into eternity. And the market is ignoring the fact that OPEC is really unhappy about oil sub $70 a barrel West Texas immediate and they’re going to do something about it.
US President Donald Trump took to Truth Social on Wednesday to announce he will be reversing oil concessions granted to Venezuela’s Nicolas Maduro’s government during the previous administration citing failure to return “criminals” from the US.”We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolas Maduro, of Venezuela, on the oil transaction agreement, dated November 26, 2022, and also having to do with Electoral conditions within Venezuela, which have not been met by the Maduro regime,” Trump wrote. He added that the agreement, dated November 26, 2022, will be terminated “as of the March 1 option to renew.” Former President Joe Biden eased sanctions on oil, gas and gold from the country in an effort to get free elections.
Ukraine and the U.S. have reached an agreement on a framework for a broad economic deal that would include access to Ukraine’s rare earth minerals, three senior Ukrainian officials said Tuesday. The officials, who were familiar with the matter, spoke on condition of anonymity because they were not authorized to speak publicly. One of them said that Kyiv hopes that signing the agreement will ensure the continued flow of U.S. military support that Ukraine urgently needs. The agreement could be signed as early as Friday and plans are being drawn up for Ukrainian President Volodymyr Zelenskyy to travel to Washington to meet President Donald Trump, according to one of the Ukrainian officials.
Another official said the agreement would provide an opportunity for Zelenskyy and Trump to discuss continued military aid to Ukraine, which is why Kyiv is eager to finalize the deal.
Trump, speaking to reporters in the Oval Office, said he’d heard that Zelenskyy was coming and added that “it’s okay with me, if he’d like to, and he would like to sign it together with me.” Trump called it a big deal that could be worth a trillion dollars. “It could be whatever, but it’s rare earths and other things.” According to one Ukrainian official, some technical details are still to be determined. However, the draft does not include a contentious Trump administration proposal to give the U.S. $500 billion worth of profits from Ukraine’s rare earth minerals as compensation for its wartime assistance to Kyiv. Instead, the U.S. and Ukraine would have joint ownership of a fund, and Ukraine would in the future contribute 50% of future proceeds from state-owned resources, including minerals, oil, and gas. One official said the deal had better terms of investments and another one said that Kyiv secured favorable amendments and viewed the outcome as “positive.”
The deal does not, however, include security guarantees. One official said that this would be something the two presidents would discuss when they meet..
The idea was initially proposed last fall by Zelenskyy as part of his plan to strengthen Kyiv’s hand in future negotiations with Moscow.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.3 million barrels from the previous week. At 430.2 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year.
U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week ending February 21, 2025, which was 317 thousand barrels per day more than the previous week’s average. Refineries operated at 86.5% of their operable capacity last week. Gasoline production
decreased last week, averaging 9.2 million barrels per day. Distillate fuel production increased last week, averaging 5.2 million barrels per day. U.S. crude oil imports averaged 5.9 million barrels per day last week, increased by 98 thousand
barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.2 million barrels per day, 5.5% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 462 thousand barrels per day, and distillate fuel imports averaged 370 thousand barrels per day. Total motor gasoline inventories increased by 0.4 million barrels from last week and are slightly below the five year average for this time of year. Finished gasoline inventories decreased, while blending components inventories increased last week. Distillate fuel inventories increased by 3.9 million barrels last week and are about 8% below the five year average for this time of year. Propane/propylene inventories decreased by 3.7 million barrels from last week and are 1% belowthe five year average for this time of year. Total commercial petroleum inventories decreased by
2.2 million barrels last week. Total products supplied over the last four-week period averaged 20.3 million barrels a day, up by 4.2% from the same period last year. Over the past four weeks, motor gasoline product supplied
averaged 8.4 million barrels a day, down by 0.1% from the same period last year. Distillate fuel product supplied averaged 4.2 million barrels a day over the past four weeks, up by 13.1% fromthe same period last year. Jet fuel product supplied was up 4.5% compared with the same four
Ukrainian President Volodymyr Zelensky stated on Wednesday that no just peace between Russia and Ukraine can be achieved without security guarantees for Kiev. “We want to have a ceasefire, but if we don’t have security nothing will work,” Zelensky said at a press conference. Furthermore, the president stressed that a mineral deal with the United States, which he described as a “framework agreement,” now includes a mention of American security guarantees. However, he pointed out that he needs to better understand what kind of security guarantees the US would offer. Finally, Zelensky ensured that he would ask US President Donald Trump during his upcoming visit to the White House if Washington intends to stop military aid flows to make clear what Ukraine can count on from the US.
The International Atomic Energy Agency (IAEA) said in a report on Wednesday that Iran has increased the production of 60% enriched uranium since November. The output rose by 92.5 kg to 274.8 kg, according to the document reviewed by the Associated Press. Uranium enriched to 60% can be further enriched to 90%, with the IAEA estimating 42 kg would be enough to make one atomic bomb. The report follows new sanctions imposed on Iran by the United States under US President Donald Trump’s policy of “maximum pressure,” which he also pursued during his first administration. Trump pulled out of the Joint Comprehensive Plan of Action (JCPOA), also known as the Iran nuclear deal, in 2018, accusing Tehran of violating it.