Ethereum co-founder Vitalik Buterin warned that quantum computers may crack the cryptographic protections securing Bitcoin and Ethereum wallets by 2028. He told developers that elliptic curve cryptography faces an existential threat from advancing quantum hardware. Industry experts and researchers called for urgent preemptive protocol upgrades to prevent future vulnerabilities.

South Korean internet company Naver will hold a board meeting next week to approve its acquisition plan for Dunamu, parent company of cryptocurrency exchange Upbit. The transaction will be structured as a full equity swap through Naver Financial, the company's fintech subsidiary. Dunamu will convene its own board meeting on November 26 to finalize transaction details, with the share-swap ratio estimated at 1:3 or 1:4.

HSBC Holdings will introduce tokenized deposits for corporate clients in the United States and United Arab Emirates during the first half of 2026. The bank's Tokenized Deposit Service enables instant cross-border and domestic transfers operating continuously, expanding on existing operations in Singapore, Hong Kong, the UK, and Luxembourg.

U.S. Senators Elizabeth Warren and Jack Reed have requested an investigation into World Liberty Financial, alleging the Trump-affiliated crypto firm sold $WLFI governance tokens to buyers linked to sanctioned entities in Russia, North Korea, Iran, and Tornado Cash. A watchdog report cited by the lawmakers claims token sales included wallets tied to North Korea's Lazarus Group and a sanctioned Russian tool. The Trump family holds 22.5 billion tokens and receives 75% of revenue from all sales, raising national security concerns.

Phishing attacks targeting cryptocurrency users result in millions of dollars in annual losses. Users can protect themselves by verifying website URLs, checking SSL certificates, reviewing platform reputation, inspecting smart contract addresses, and using browser security extensions to detect fraudulent sites before entering credentials or transferring funds.

The Office of the Comptroller of the Currency issued Interpretive Letter 1186 on November 18, authorizing national banks to hold native crypto assets and pay blockchain network fees. The guidance enables banks to acquire tokens needed for transaction fees and testing purposes on distributed-ledger networks. Banks may now hold assets on networks including Ethereum, Solana, and Avalanche for operational requirements rather than speculative positions.

The Sky community has approved the allocation of up to $2.5 billion in USDS stablecoins to support projects developed through the Obex incubator. Framework Ventures is leading a $37 million funding round into Obex and will oversee the initiative focused on generating onchain yield within the Sky ecosystem.

Obex has raised $37 million in a funding round led by Framework Ventures, LayerZero, and Sky ecosystem to launch an incubator for stablecoins backed by real-world assets. The 12-week program will provide early-stage teams with capital, technical resources, and infrastructure access. Successful projects may qualify for additional funding from Sky's $2.5 billion allocation.