Cardano’s Hoskinson Says ‘Best Days Are Ahead’: ADA Price Down 95% From Top

Charles Hoskinson says Cardano’s “best days are ahead,” even as its native token, ADA, trades 95% below its all-time high. The Cardano founder made the remark during a recent X AMA. He was responding to ADA’s prolonged slump and the criticism that has followed it. Why Cardano is Feeling the Pressure ADA trades near $0.16 […]

Saudi tanker diverts to Suez Canal amid Houthi threats

The diversion highlights potential oil supply disruptions, possibly leading to increased prices and heightened geopolitical tensions. The post Saudi tanker diverts to Suez Canal amid Houthi threats appeared first on Crypto Briefing.

HKMA prepares banks for quantum threats by 2030 amid tokenization push

The HKMA’s quantum security push could redefine global banking resilience, offering tech firms and asset managers new opportunities in a secure tokenized future. The post HKMA prepares banks for quantum threats by 2030 amid tokenization push appeared first on Crypto Briefing.

Hong Kong prepares banks for quantum threats amid tokenization push

The Hong Kong Monetary Authority (HKMA) has launched a framework to assess banks’ preparedness for quantum-computing threats as the city expands its use of tokenized deposits, digital assets and blockchain settlement. On Monday, the HKMA introduced a white paper on quantum preparedness and the sector’s first Quantum Preparedness Index (QPI). The index gave the sector an overall readiness score of 2.3 out of 10, while the white paper found that around half of surveyed institutions had no formal post-quantum planning in place. The HKMA said it aims to achieve full sector readiness, represented by a QPI score of 10, by 2030.The development comes as Hong Kong moves more traditional financial activity onto distributed ledgers. Government figures show that Hong Kong has issued three batches of tokenized green bonds totaling about HK$16.8 billion (about $2.1 billion) since 2023, while the HKMA is advancing tokenized deposits and digital-asset settlement through Project Ensemble. The HKMA white paper said distributed ledger applications and payment networks depend on cryptography for core functions and could face severe disruption if those protections were compromised. It also said one surveyed institution completed a proof of concept applying post-quantum cryptography to distributed-ledger connectivity and cited HSBC’s 2024 use of quantum-safe technology to move tokenized gold across distributed ledgers.Hong Kong’s tokenization push raises quantum stakesThe quantum initiative follows the launch of the HKMA’s Fintech 2030 strategy in 2025, which made tokenization one of four strategic pillars in a plan comprising more than 40 initiatives.The regulator said it would accelerate real-world asset (RWA) tokenization, regularize tokenized government bond issuance and explore tokenized Exchange Fund papers, with blockchain settlement supported by e-HKD, tokenized deposits and regulated stablecoins. Related: Hong Kong launches initiative to help banks with DLT adoptionIn a Feb. 11, 2026, speech, Hong Kong Financial Secretary Paul Chan said banks in Hong Kong held more than HK$14 billion (about $1.785 billion) in digital assets under custody at the end of 2025, up about 180% year over year, while tokenized deposits had reached HK$29 billion ($3.7 billion).According to the HKMA white paper, quantum computers capable of running Shor’s algorithm at scale could eventually break widely used RSA and elliptic-curve cryptography. This could allow attackers to decrypt protected data or forge the digital signatures used to authorize transactions, verify identities and establish trust in financial systems.Because replacing embedded cryptographic systems can take years, the HKMA urged banks to begin inventories, risk assessments and migration planning before such machines become available.Magazine: Ethereum’s EEZ could pull other blockchains into its orbit

XRP Slides as Regulatory Uncertainty and Key Resistance Cap Upside

XRP (XRP) extended its slide this week, trading within a persistent bearish channel as traders weighed heavy technical resistance against a potentially market-moving U.S. regulatory vote. While on-chain and ecosystem developments around Ripple’s RLUSD stablecoin continue to accelerate, price action suggests investors remain hesitant to commit ahead of clearer policy signals. According to CoinMarketCap data, […]

KOSPI Crashes 8% as AI Chip Selloff Slams Asian Markets

The KOSPI plunged 8.10% to 6,208.34 on Tuesday morning, deepening a global semiconductor rout.  SK Hynix sank 11.01%, and Samsung Electronics dropped 9.45%, a day before the memory giant reports quarterly earnings. Follow us on X to get the latest news as it happens KOSPI Index Performance. Source: Google Finance Chip Selloff Spreads From Wall […]

Arthur Hayes Buys $6.39M More Ethereum, Then the ETH Market Starts to Tumble

Arthur Hayes bought 3,298 more Ether (ETH) worth $6.39 million hours before Ethereum’s spot price slid from $1,960 to $1,872. The purchase extends a buying streak that began July 15. Hayes has now spent $13.87 million on 7,213 ETH at an average price of $1,923, leaving him roughly $368,000 underwater. A Buying Streak Built in […]