Qiao Wang has issued a warning about a potential 50% market drawdown, highlighting concerns over current market conditions. Meanwhile, Ethereum co-founder Vitalik Buterin has raised alarms about the risks posed by quantum computing and institutional influences on the blockchain ecosystem. In other news, a $1 billion Ethereum Decentralized Autonomous Trust (DAT) has been halted, marking a significant pause in the crypto finance sector. The U.S. has approved its first Bitcoin-backed municipal bond, a pioneering move in integrating cryptocurrency with traditional municipal finance. Additionally, BlackRock has registered a staked Ethereum ETF, expanding its crypto investment offerings. The Office of the Comptroller of the Currency (OCC) has clarified that banks are permitted to hold cryptocurrencies for the purpose of paying network fees, further integrating digital assets into the banking system.