According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's recent outperformance against Bitcoin, with ETH dominance rising to nearly 10%, signals capital shifting towards altcoins amid market volatility from Israeli airstrikes on Iranian nuclear facilities. This divergence highlights investor appetite for sectors like DeFi and decentralized AI, supported by on-chain flows and institutional inflows into spot ETH ETFs. Separately, MAS confirmed new licensing requirements for offshore crypto firms, effective June 30, potentially influenced by the bankruptcies of Three Arrows Capital and Terraform Labs, as these firms had minimal Singapore oversight despite local registration. Additionally, Quranium's Dhiman introduced QSafe Wallet, using NIST-approved quantum-resistant algorithms to protect against future cryptographic threats.