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Attestable completes AI verifiable technology breakthrough, secures $20 million in seed round financing

AI security startup Attestable has officially announced its establishment and completed a $20 million seed round financing. This round of financing was led by Jamin Ball of Altimeter Capital and Yonatan Mandelbaum of TLV Partners, with participation from institutions such as Halcyon Futures, Cerca Partners, and several investors.Attestable founder Yogi stated that as AI gradually enters critical infrastructure, national security, and large enterprise systems, how to verify the credibility of AI operations has become an important issue faced globally. The company aims to build a universal verification layer for cutting-edge AI laboratories, critical infrastructure, and national-level applications.According to reports, Attestable uses Zero-Knowledge Proof technology to shift trust in AI systems from data centers to mathematical verification mechanisms. This technology can prove that a certain approved model, model weights, input data, and operational strategies indeed generated specific outputs, while not disclosing model parameters or user privacy data, and without needing to rerun the model for verification.Attestable stated that its technology has currently achieved verification inference of the Meta Muse Glimmer 30B model on a single NVIDIA H100 GPU, reaching a speed of 85 tokens per second. The generated proof documents are small and possess quantum-resistant characteristics, allowing for rapid verification.In response, Ethereum co-founder Vitalik Buterin commented, stating that this achievement means the performance loss of Zero-Knowledge Proofs for large language models is approaching single-digit levels. He noted that the next challenge is to further reduce the performance overhead of technologies such as Fully Homomorphic Encryption (FHE).

UMX, incubated by Avenir Group under Li Lin, has launched public testing, bridging cryptocurrency assets and securities trading

On August 10, UMX (The Unified Market Exchange), incubated by Avenir Group under Li Lin, announced the launch of an invitation-only public beta. UMX is positioned as a crypto-friendly securities platform for global professional investors, supporting spot, leverage, contract, and options trading of crypto assets, while also supporting real US stocks, ETFs, and US stock options trading. The aim is to connect crypto assets and real securities trading on the same platform, enhancing the capital efficiency of cross-asset trading.The public beta focuses on opening the capital link between crypto assets and securities accounts, supporting functions such as stablecoin exchange transfers, non-stablecoin collateralized lending, fiat account withdrawals and deposits, and the mutual conversion of securities holdings and stock tokens. To enhance cross-asset capital efficiency, the platform introduces a cross-asset margin mechanism, allowing financial assets to be used as margin. During the public beta, BTC and USDT financial products will also be launched, with the highest annualized returns reaching 2.5% and 5.5%, respectively. This public beta is invitation-only, and users who have not yet obtained a public beta code can reserve the official version and participate in the early bird benefits program.

Starknet completes quantum-resistant signature transfer testing, exploring wallet upgrade paths that do not require migration

Starknet announced that it has completed the quantum-resistant signature transfer test, where a wallet account using a quantum-resistant signature mechanism completed a real transfer on the Starknet mainnet, with a transaction fee of about 6 cents, and can be queried through the block explorer. This account is currently an experimental, unaudited version, mainly used for research testing. StarkWare stated that this transfer benefits from the design of the Starknet account model.Unlike most blockchains that fix the signature algorithm at the protocol layer, each account on Starknet is a smart contract that can autonomously define the accepted signature schemes, allowing users to upgrade their wallets from traditional elliptic curve signatures to quantum-resistant signatures without hard forks, asset migrations, or changing addresses. StarkWare pointed out that most blockchains face quantum computing risks because wallet signatures and underlying verification systems rely on elliptic curve cryptography. Once large-scale quantum computers appear, running Shor's algorithm could potentially break the related encryption systems. Currently, the Starknet ecosystem supports a quantum-resistant signature scheme based on Falcon-512, which is part of the NIST post-quantum cryptography standardization process, with relevant implementations promoted by ecosystem teams and organizations such as OpenZeppelin.

Mastercard and Borderless launch a pilot project to test a stablecoin cross-border payment verification system

According to Cointelegraph, payment giant Mastercard has announced a pilot project with the stablecoin infrastructure network Borderless to explore the use of the Mastercard Crypto Credential standard framework to provide more reliable identity verification and compliance support for cross-border stablecoin payments.Both parties stated that the pilot will test how to provide "trust signals" that can be used for approval, compliance review, and risk management for transaction participants through a standardized certification mechanism, reducing compliance friction in cross-border stablecoin payments.The Mastercard Crypto Credential framework provides identity confirmation and credibility assurance for blockchain transactions through unified standards and verification mechanisms. Kevin Lehtiniitty, co-founder and CEO of Borderless, stated that compliance has always been a major barrier to the scalable development of stablecoin payments, and Mastercard is attempting to apply the compliance trust model from traditional finance to the digital asset payment space. He pointed out that the Mastercard Crypto Credential will serve as a governance and verification layer in this pilot, but Mastercard will not directly handle or settle funds. This collaboration is the latest move in Mastercard's ongoing strategy in the stablecoin space.Previously, Mastercard had just completed the acquisition of stablecoin infrastructure company BVNK for approximately $1.8 billion, further strengthening its infrastructure layout in the digital asset payment field. In June of this year, Mastercard also announced plans to expand its settlement capabilities to support round-the-clock card payment settlements using stablecoins, including USDC issued by Circle, PYUSD, USDG, USDP issued by Paxos, and RLUSD issued by Ripple.The market believes that as stablecoins gradually enter cross-border payment scenarios, identity authentication, compliance verification, and risk control infrastructure will become important factors driving institutional adoption.
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