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Vitalik's "Quantum Computing to Break Encryption Algorithms by 2028" Warning Triggers Community Debate, Research Progress Is Key

2 hours ago

On November 20th, Vitalik Buterin issued a warning at the Devconnect conference yesterday. He stated that quantum computing could break Elliptic Curve Cryptography before the 2028 U.S. presidential election. This statement has triggered intense discussions within the community. Crypto KOL Charles Edwards said that mainstream experts are already evaluating the risk of a quantum attack on Bitcoin. Vitalik's three-year prediction also validates this. The crypto industry can no longer overlook this risk. Physics expert David M. Antonelli put forward a different view, stating that even the most optimistic projections (from IBM, Google, and Quantinuum) expect only a few thousand physical quantum bits by 2030, not millions of logical quantum bits. Furthermore, Tom Lee also retweeted reports related to Vitalik's warning about the "quantum computing threat to cryptographic algorithms." Although there is controversy over whether the threat of quantum computing to the crypto industry will materialize by 2028, the community generally believes that based on the current research progress rate, quantum computing will indeed pose a threat to cryptographic algorithms in the foreseeable future.
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Survey: 35% of High-Income Investors in the United States, Aged 18-40, Have Switched Institutions Because Their Advisor Did Not Offer Cryptocurrency Assets

On November 20th, a survey conducted by the crypto infrastructure company Zerohash revealed that 35% of high-income investors in the United States aged between 18 and 40 switched institutions as their advisors did not provide cryptocurrency assets. The majority of these investors transferred between $250,000 and $1 million. This proportion reached half among those with incomes exceeding $500,000. Furthermore, 84% of the respondents planned to increase their holdings of cryptocurrency next year, and 92% hoped for a more diverse selection of tokens. Zerohash stated that cryptocurrency has become a standard modern asset allocation, and advisors who do not offer compliant and insured crypto services will face customer attrition. (Cointelegraph)

24 minutes ago

The second largest ETH long position on HyperLiquid experienced partial liquidation during this morning's price drop

On November 20th, as monitored by Onchain Lens, a long ETH position on the second-largest loss address on HyperLiquid was partially liquidated during the market downturn this morning. This led to a loss of $4.07 million for its ETH (6x) leverage position. This whale still holds its position and is currently facing an unrealized loss of more than $6 million.

24 minutes ago

Yi Li Hua: Still Bullish on Water Release Starting in December, While Implementing Spot Strategy to Control Risk

On November 20th, Li Huayi, the founder of Liquid Capital (formerly LD Capital), posted on social media, stating: "After the release of Nvidia's financial report and Google's Gemini3, the short-term risk of the US stock market and the AI bubble has been mitigated. I still anticipate the start of liquidity injection in December. Coupled with the continuous bullish news in the crypto industry, central banks of countries such as the Czech Republic and Luxembourg have begun to make purchases, and Japan's Financial Services Agency has reduced the cryptocurrency tax from 50% to 20%." "In the next 5 years, Bitcoin will reach one million US dollars. Ethereum will expand by more than ten times with the expansion of stablecoins. And continuous optimism will be maintained with the large-scale deployment of financial applications. The most fearful moment is often the most optimistic. At the same time, spot strategies control risks, and the greater the storm, the higher the price of fish."

24 minutes ago

Vitalik on Ethereum's Relationship with Wall Street: They are Ethereum Users, We are Power Users

On November 20th, the co-founder of Bankless, @RyanSAdams, presented a clip of his interview with Vitalik on X. During the interview, the host asked, "How do you perceive Ethereum's connection with Wall Street?" Vitalik responded by saying, "Regarding Wall Street, I consider them as users. In Ethereum, we are 'pro-users.'" Yesterday, in a speech, Vitalik issued a warning, stating that if institutional ETH holdings continue to increase, Ethereum will face two significant threats (developer outflow and pressured technical roadmap).

24 minutes ago

A newly generated address received 1300 BTC from BitGo within 6 hours.

On November 20th, as monitored by LookOnChain, within the past 6 hours, the newly established wallet '3AXFhi' received 1300 BTC from BitGo, which is valued at $120.6 million.

24 minutes ago

Bitcoin Hits $93,000, Intraday Gain Reaches 3.46%

On November 20th, according to HTX market data, Bitcoin reached $93,000. It is currently trading at $93,051, showing a daily increase of 3.46%.

24 minutes ago