TechubNews

Roda AI in Palo Alto raised $450 million in Series A funding, with a company valuation of $1.7 billion. The company plans to leverage internet video to expand robot learning, break through remote operation limitations, and enhance its adaptability across various scenarios, offering broad application prospects.

Written by: Four Pillars
Translated by: AididaoJP, Foresight News
Key Metrics for Token Valuation: EV / Holder Revenue
Main Points
- Tokens ≠ Equity. When evaluating, use enterprise value / holder revenue, not enterprise value / protocol revenue.
- The accrual ratio (the proportion of protocol revenue that holders can ultimately receive) is a critical diagnostic indicator. In the projects we compare, this ratio ranges from 25% to 100%.
- "Dilution" also differs. Team incentives are genuine operating costs (to be included in valuation multiples), while investor unlocks and sell-offs are market events (not to be included in multiples).
- The treasury value should be assessed based on "extractability." The issue isn't "how much is in the treasury," but "can holders actually access it?"
I often see the following in cryptocurrency valuations:

Ulsan City held an emergency meeting to analyze the impact of the Middle East situation on the local economy and to develop response plans. A special task force was established to track economic indicators, strengthen oil price monitoring, support liquidity for small and medium-sized enterprises, and strive to stabilize the regional economy.

SK Corporation enhances shareholder value by canceling approximately 14.69 million shares, accounting for about 20% of the company's total shares outstanding. This buyback and cancellation aim to increase stock scarcity and reflect a transparent, shareholder-first management philosophy. The company's financial health has improved steadily, with dividends increasing by 14%, reaching an annual total of 8,000 KRW. This move sets a positive precedent in the capital market.

Alea Research's report emphasizes that stablecoins and incentive mechanisms within the cryptocurrency ecosystem are crucial for the long-term growth and stability of protocols. Effective yield structures and governance systems can enhance the appeal and transparency of protocols, providing guidance for the future development of the crypto industry.

Recently, the "debt investment" boom has cooled down, the credit trading balance has decreased, and some securities firms have suspended new financing. Due to the exhaustion of credit limits, the financing balance has dropped to 31 trillion 690.5 billion Korean won, enhancing market stability. Experts believe this phenomenon is temporary and may increase again in the future. The market's volatility and optimistic psychology need to be balanced.

Kaiko Research report indicates that first-layer tokens are shaken by inflationary pressures. Ethereum and Solana are both unprofitable, with losses of $1.62 billion and $4.15 billion respectively, while TRON achieved a profit of $624 million. Ethereum's revenue significantly declined due to the Dencun upgrade, and structural loss issues have become prominent. Compared to narrative-driven factors, the market will place greater emphasis on actual profitability and sustainability.

Rebar is a startup focused on developing AI operating systems for commercial HVAC suppliers, and recently secured $14 million in Series A funding. Its technology can increase quote generation speed by 60%-70%. Rebar currently has 40 clients and plans to expand into piping and electrical equipment. Investors say their tools can reduce manual work by 90%, improving efficiency and profitability.

At the beginning of this year, China's export performance showed significant growth, with export value reaching $656.58 billion in January-February, a year-on-year increase of 21.8%. The growth was mainly driven by strong exports to the European Union, ASEAN, and Africa, demonstrating China's robust competitiveness in international trade. However, geopolitical tensions in the Middle East may pose risks to future exports.

The precious metals market has been active recently, with gold and silver prices rising due to a slowdown in U.S. employment, interest rate cuts, and instability in the Middle East. The price of gold per gram is approaching 24,9900 KRW, reaching new highs in the international market, and silver has broken through $100 for the first time. This trend has driven related stocks higher, and investor attention is expected to continue.

Trump's attack on Iran has caused intense fluctuations in global stock markets. The Korean stock market rebounded significantly, with KOSPI rising by 5.35%. Trump conveyed a message of ceasefire, prompting U.S. and Asian stock markets to recover, while international oil prices experienced sharp volatility. The Korean market was active in trading, with external factors having a noticeable impact.

AtaiBeckley is advancing the clinical development of the antidepressant BPL-003, with plans to initiate two key Phase 3 clinical trials in 2026. The drug has received Breakthrough Therapy designation from the FDA and demonstrated rapid and sustained antidepressant effects in Phase 2b clinical trials. The company has also developed a commercialization strategy aimed at improving patient accessibility and treatment efficiency while maintaining strong financial stability.

The security of smart contracts is crucial, and vulnerability protection directly affects the credibility of the blockchain ecosystem. With the rapid development of DeFi, NFT, and other sectors, various attack methods are continuously emerging, requiring higher security protection technologies. For smart contracts, measures such as secure coding standards, static analysis tools, comprehensive testing, and third-party audits should be implemented to enhance security. Additionally, establishing real-time monitoring and emergency response mechanisms is also necessary to ensure timely handling of potential risks. Industry stakeholders should collaborate to develop security standards and promote technological innovation, which will continuously strengthen the security of smart contracts.

Bitcoin mined its 20 millionth coin on March 10, indicating that 95.2% of its supply has been mined. Since its launch in 2009, Bitcoin has experienced significant price increases and market expansion. In the next 114 years, only 1 million BTC will remain mineable, and mining rewards will rely more on transaction fees. This milestone marks the beginning of a new phase for Bitcoin, with its "digital gold" attributes becoming even more prominent.

Writing by: Cathy
Mining one Bitcoin costs $87,000. When sold, the market only pays you $67,000.
For each coin mined, the net loss is $20,000. It’s not just losing on fees or electricity fluctuations; it’s a solid loss—losing $20,000 for every Bitcoin produced. This is the reality as of March 2026. Data from Glassnode and MacroMicro both point to the same conclusion: Bitcoin mining, at current prices, is a money-losing business.
But miners are not just sitting around waiting to die. They’ve made a choice that the entire market didn’t expect—they’re stopping mining and selling electricity to AI.
To be precise, it’s not “stopping mining,” but rather emptying the Bitcoin treasury and pouring all funds into AI data centers, relegating mining to a side business.
Since October 2025, Bitcoin