The Hong Kong Monetary Authority (HKMA) published a white paper on quantum preparedness on July 27, rating its banking sector 2.3 out of 10 and targeting full readiness by 2030. Bitcoin (BTC) faces the same quantum threat but has no regulator to set a deadline. Its transition depends entirely on community consensus, which remains divided.

Microsoft CEO Satya Nadella says any firm that gives up control of its AI data will not remain a firm. The remarks extend a July 12 blog post where Nadella described what he calls the reverse information paradox. Companies, he argued, pay for intelligence twice: first with money, then with proprietary knowledge. Why Microsoft CEO

SK Hynix fell 13% as Nvidia's OpenAI bet, China's CXMT listing, and AI capex doubts hit chip stocks.

Roughly $80 billion left the space during the Tuesday morning crash.

Some traders dismissed the ambitious forecast, while others argued a five-figure ETH price is far from unrealistic.