HANCOddHanc प्राइस

On September 10, the U.S. Department of Commerce finalized grants of up to $100 million each to Rigetti, D-Wave, and Quantinuum under the CHIPS Act, acquiring minority stakes in these three quantum computing companies. The funding is intended for the hardware, manufacturing, and error-correction systems needed to scale up fault-tolerant quantum machines. Meanwhile, the Ethereum protocol team has set December 2029 as a self-imposed deadline for achieving quantum resistance at the execution, consensus, and data layers, assuming 'Q-Day' could arrive as early as 2030. Although Bitcoin does not have a unified deadline across the network, work surrounding BIP-360 (post-quantum output types) and BIP-361 (phased migration from ECDSA to Schnorr signatures) has noticeably accelerated this year, with researchers and institutions viewing 2029 as a critical window for establishing a credible migration path. Earlier this year, Google Quantum AI estimated that attacking 256-bit elliptic curve encryption could require fewer than 1,200 error-corrected qubits; IBM plans to deliver a fault-tolerant machine named Starling by 2029 that can perform 100 million operations on 200 logical qubits, while Quantinuum aims to achieve hundreds of logical qubits in the same timeframe. The migration for Bitcoin is particularly challenging, as millions of Bitcoins are stored in addresses with exposed public keys, including an estimated 1 million BTC belonging to Satoshi Nakamoto. BIP-361 proposes to ultimately restrict old-style signatures after the migration period, which could result in assets of users who fail to transfer in time being trapped. Ethereum faces a different coordination challenge, with its foundation having a dedicated post-quantum team and fixed goals, but the work of migrating wallets, applications, and users to new signature schemes may far exceed the upgrades to the base layer itself. This race is not merely about today's quantum computers versus encryption, but whether Bitcoin and Ethereum can replace the cryptography embedded in hundreds of billions of dollars in assets before hardware engineers continue to close the gap.

On September 10, the U.S. Department of Commerce finalized grants of up to $100 million each to Rigetti, D-Wave, and Quantinuum under the CHIPS Act on September 9, acquiring minority stakes in these three quantum computing companies. The funding is aimed at expanding the hardware, manufacturing, and error-correction systems necessary for larger-scale fault-tolerant quantum machines. Meanwhile, the Ethereum protocol team has set December 2029 as a self-imposed deadline for achieving quantum resistance at the execution, consensus, and data layers, assuming 'Q-Day' could arrive as early as 2030. Although Bitcoin does not have a unified deadline across the network, work around BIP-360 (post-quantum output types) and BIP-361 (phased migration from ECDSA to Schnorr signatures) has noticeably accelerated this year, with researchers and institutions also viewing 2029 as a critical window for establishing a credible migration path. Earlier this year, Google Quantum AI estimated that attacking 256-bit elliptic curve encryption might require fewer than 1,200 error-corrected qubits; IBM plans to deliver a fault-tolerant machine, Starling, capable of running 100 million operations on 200 logical qubits by 2029, while Quantinuum aims to achieve hundreds of logical qubits in the same timeframe. The migration for Bitcoin is particularly challenging, as millions of Bitcoins are stored in addresses with exposed public keys, including an estimated 1 million BTC belonging to Satoshi Nakamoto. BIP-361 proposes to ultimately restrict old-style signatures after the migration period, which could result in assets of users who fail to transfer in time being trapped. Ethereum faces a different coordination challenge, with the foundation having a dedicated post-quantum team and fixed goals, but the work of migrating wallets, applications, and users to new signature schemes may far exceed the basic layer upgrade itself. This race is not merely about today's quantum computers versus encryption, but whether Bitcoin and Ethereum can complete the replacement of the cryptography embedded in hundreds of billions of dollars in assets before hardware engineers continue to narrow the gap.

On September 10, on-chain analyst @ai_9684xtpa reported that Loracle, the largest short seller of Hyperliquid's $PONS, has turned a loss into a profit on its position of 27.75 million $PONS (approximately $17.12 million). The position has shifted from a maximum unrealized loss of $7.75 million to an unrealized profit of $1.378 million as the price of the token has declined.