Important news from last night and this morning (August 28 - August 29)

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Vitalik: The possibility of quantum computers breaking modern cryptography by the end of 2030 is 20%

According to Cointelegraph, Ethereum co-founder Vitalik Buterin stated that the possibility of quantum computers breaking modern cryptography by the end of 2030 is 20%.

Stablecoin startup M0 announces completion of $40 million Series B funding, led by Polychain and Ribbit Capital

According to Fortune magazine, stablecoin startup M0 announced the completion of $40 million in Series B funding, led by Polychain and Ribbit Capital, along with existing investors such as Endeavor Catalyst Fund, Pantera, and Bain Capital Crypto. M0 co-founder and CEO Luca Prosperi declined to disclose the valuation of the startup. This funding involves equity and locks the startup's cryptocurrency reserves, meaning tokens can only be sold after a specified period. So far, M0 has raised nearly $100 million.

M0 is building a network where stablecoin issuers can deploy their tokens without worrying about transferring assets between blockchains like Ethereum or Solana, or making cumbersome software decisions like converting Circle's tokens to PayPal's tokens. M0 aims to onboard as many stablecoin issuers as possible onto its network, including the crypto wallet MetaMask, which recently announced a partnership with M0 to launch its stablecoin.

Tether to launch USDT on RGB, expanding support for native Bitcoin stablecoins

According to the official blog, stablecoin issuer Tether announced plans to launch USDT on RGB, the next-generation protocol for issuing digital assets on Bitcoin. Tether stated, "The RGB mainnet version 0.11.1 has recently gone live. By introducing USDT to RGB, Tether is helping to explore new realms of Bitcoin currency. Users will be able to hold and transfer USDT and Bitcoin in the same wallet, enjoying the benefits of privacy and sovereign transactions, and even send and receive value offline. The combination of Bitcoin's security and Tether's stability marks an important step for stablecoins to truly integrate into the Bitcoin ecosystem."

Slow Mist: Severe configuration errors found on some Tencent Cloud servers, potential risks extremely serious

Slow Mist Technology's Chief Information Security Officer 23pds posted on platform X, stating that researchers discovered severe configuration errors on some Tencent Cloud servers during a routine scan in late July 2025, leading to the accidental exposure of internal sensitive credentials and source code to the public internet. These errors allowed critical configuration files to be directly accessed externally, posing extremely serious potential risks.

Publicly listed company AirNet Technology completes $180 million registered direct offering, all proceeds paid in digital assets

According to a press release, AirNet Technology Inc. (NASDAQ: ANTE) announced that it has completed a previously announced registered direct offering to specific investors. The company raised approximately $180 million by selling 80,826,225 shares of common stock and accompanying warrants. Before deducting issuance costs, all proceeds were paid in digital assets, including approximately 819.07 Bitcoin and 19,928.91 Ethereum. This financing solidifies AirNet's strategic transformation, making it a focused participant in the digital asset ecosystem, and the company has hired an experienced team of cryptocurrency experts to advise on complex, multi-faceted strategies aimed at maximizing shareholder value.

Initial jobless claims in the U.S. for the week ending August 23 totaled 229,000, expected 230,000

According to Jin10, initial jobless claims in the U.S. for the week ending August 23 totaled 229,000, expected to be 230,000, with the previous value revised from 235,000 to 234,000.

The revised annualized quarterly rate of real GDP for the second quarter in the U.S. is 3.3%, expected 3.10%, previous value 3.00%.

Coin Security upgrades execution trading services, aggregating quotes from multiple liquidity providers

According to the official announcement, Coin Security has upgraded its execution trading services, aggregating spot and options OTC quotes from the largest liquidity provider network in the industry. This service prioritizes internalizing order flow to reduce market impact, providing tighter spreads, faster execution speeds, and more competitive quotes for large cryptocurrency trades, while offering the privacy, security, and institutional-level services that users expect. Previously, Coin Security's execution trading services primarily relied on the liquidity of its own native order book. With this upgrade, Coin Security will aggregate quotes from multiple liquidity providers to ensure optimal execution.

Crypto startup aPriori completes $20 million new funding round, with participation from Pantera Capital and others

According to CoinDesk, crypto trading infrastructure startup aPriori has completed a new funding round of $20 million, bringing its total capital raised to $30 million. Participants in this round of funding include HashKey Capital, Pantera Capital, Primitive Ventures, IMC Trading, GEM, Gate Labs, Ambush Capital, and Big Brain Collective.

APriori was founded by a group of former engineers from Jump Trading, Coinbase, and Citadel Securities. The company is applying high-frequency trading methods to DeFi to address issues such as excessive spreads and MEV leakage, while redistributing MEV to stakers. The company has launched a liquid staking platform and an AI-driven DEX aggregator called Swapr, and plans to use the new capital to expand its product offerings and hiring scale.

U.S. government begins publishing GDP data on blockchain, initially covering nine blockchains

According to Bloomberg, the U.S. government began publishing Gross Domestic Product (GDP) data on public blockchains on Thursday, marking the latest support from the Trump administration for the cryptocurrency industry. According to officials from the Department of Commerce, this move will open another avenue for releasing economic data—though it will not replace existing methods. The U.S. government's initiative will initially cover nine blockchains, including Bitcoin, Ethereum, and Solana. The plan is to place the so-called cryptographic hash values of this data on these blockchains.

Department of Commerce officials stated that the Trump administration intends to seek to expand the coverage of this program in the future. They clarified that the blockchain initiative is unrelated to the dismissal of the Bureau of Labor Statistics director. Officials noted that Commerce Secretary Howard Lutnick is the driving force behind the push to publish data on the blockchain. Earlier this year, Lutnick also indicated plans to change the way GDP is reported to eliminate the impact of government spending. GDP data is released by the Bureau of Economic Analysis under the Department of Commerce.

U.S. government releases latest GDP data for Bitcoin, Ethereum, SOLANA, TRON, STELLAR, AVALANCHE, ARBITRUM, and POLYGON

According to market news, the U.S. Department of Commerce announced that the U.S. government has released the latest GDP data for Bitcoin, Ethereum, SOLANA, TRON, STELLAR, AVALANCHE, ARBITRUM, and POLYGON.

DeFi Development increases holdings of approximately 410,000 SOL, total holdings exceed 1.83 million SOL

According to official news, publicly listed company DeFi Development Corp. announced an increase in holdings of 407,247 SOL, bringing its total holdings to 1,831,011 SOL (approximately $371 million).

Bitcoin-focused protocol Portal to Bitcoin completes $50 million new funding

According to CoinDesk, the Bitcoin-focused protocol Portal to Bitcoin has secured $50 million in new funding led by Paloma Investments, bringing the total funding for the project to $92 million. This funding will support the expansion of the company's adapter, BitScaler. BitScaler can scale native Bitcoin without using wrapped tokens, custodial bridges, or "messaging or other insecure alternatives." Portal plans to use this new funding to expand its funding program and attract institutional and community liquidity providers. The company is also piloting integrations with wallets and custodial platforms to demonstrate non-custodial token exchanges.

21Shares applies to the U.S. SEC to launch a spot SEI ETF

21Shares tweeted that it has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) to launch a Sei ETF that tracks the price of the SEI token.

CFTC: Foreign companies can apply to register as "foreign exchanges" to operate in the U.S.

According to The Block, the U.S. Commodity Futures Trading Commission (CFTC) clarified its position in a staff advisory report focused on foreign exchanges (FBOT), stating that companies feeling pressured to leave the U.S. can still operate domestically as "foreign exchanges."

CFTC Acting Chair Caroline Pham stated, "U.S. companies that have been forced to establish operations in foreign jurisdictions to facilitate crypto asset trading can now return to the U.S. market." The advisory statement did not change any institutional policies but aimed to "remind" such companies of the measures they may take.

Frax founder to serve as Chief Technology Officer of blockchain project Stable

Frax Finance founder Sam Kazemian tweeted that he will join the blockchain project Stable as Chief Technology Officer while continuing to serve as CEO of Frax. Stable is an institutional-grade blockchain built for stablecoins.

Time.fun launches mobile application, available on both iOS and Android

The time tokenization platform Time.fun tweeted that it has launched the Timefun mobile application, available on both iOS and Android.

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