[Cardano Founder: The Threat of Quantum Computing to Blockchain Is Exaggerated and Not Urgent] Cardano founder Charles Hoskinson stated that the threat of quantum computing to blockchain is exaggerated and currently not urgent. While the industry is aware of how to build quantum-resistant systems, quantum-secure protocols are ten times slower and ten times more expensive, and no network is willing to sacrifice throughput. Before NIST establishes post-quantum cryptography standards, the industry cannot adopt algorithms that may be abandoned. The DARPA project is evaluating whether scalable and practical quantum computers can be achieved before 2033, with real quantum pressure expected to emerge in the 2030s.

[Related ZEROBASE Team Wallet Transfers $1.6 Million ZBT to GSR Markets] In the early hours of this morning, shortly after 1 a.m., an address that previously received tokens from the ZEROBASE team wallet transferred $1.6 million worth of ZBT to GSR Markets. A small portion of the tokens has been sent to Binance, and the remaining tokens may subsequently be transferred to exchanges. Similar fund flow patterns have been observed in the past.

[HashKey Announces IPO Details: Plans to Raise HK$1.67 Billion, Listing on December 17] HASHKEY HLDGS (03887) plans to open its public offering from today until the 12th, issuing 240 million shares at an offering price of HK$5.95 to HK$6.95, aiming to raise up to HK$1.67 billion. It is expected to be listed on December 17. As of October 31, HashKey held HK$1.48 billion in cash and HK$570 million in digital assets. As of the end of September, platform assets exceeded HK$19.9 billion, with cumulative spot trading volume on the exchange reaching HK$1.3 trillion.

[Crypto Lawyer John E Deaton Calls Tokenization the Core Form of Next-Generation Finance and Plans to Release Related Legislative Agenda] John E Deaton, a lawyer supporting cryptocurrency, posted on the X platform stating that tokenization will be the core form of next-generation finance. He is about to launch a comprehensive plan containing multiple legislative initiatives aimed at boosting the economy, reforming the healthcare system, addressing the housing crisis, narrowing the wealth gap, and reshaping the 'American Dream.' Tokenization will be a key component of this plan. Deaton emphasized that the core of his campaign is to provide practical solutions to the real challenges faced by the public. He plans to challenge Senator Ed Markey's seat in next year's midterm elections.

[Indian Enforcement Directorate Seizes Assets Worth ₹41.9 Billion in Cryptocurrency Cases and Declares One Defendant an Economic Fugitive] Data disclosed by the Indian Parliament reveals that the Indian Enforcement Directorate, under the Prevention of Money Laundering Act, has seized and frozen criminal proceeds worth ₹41.8989 billion (approximately $465 million) in cryptocurrency-related cases, arrested 29 individuals, and filed 22 charge sheets, with one defendant being declared an economic fugitive. The Central Board of Direct Taxes of India uncovered ₹8.8882 billion in unreported income from virtual digital asset transactions during search operations and issued notices to 44,057 taxpayers who failed to declare related assets. India's Minister of State for Finance, Pankaj Chaudhary, pointed out that crypto assets are unregulated in India, and the government is undertaking capacity-building efforts to strengthen the monitoring and investigation of related transactions.