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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).

first_img Analysis: Cryptocurrencies lack verifiable return stories and are continuously losing to AI in the competition for institutional capital

According to research by CointelegraphMT, traditional financial markets are absorbing institutional capital at a pace that cryptocurrencies find hard to match by 2026. The main reason is that AI has clear and measurable returns, while cryptocurrencies currently lack a similar narrative.Data shows that the S&P 500 index rose only 3.5% after excluding AI stocks in 2026, while AI-related indices saw an increase of nearly 50%. The five major tech companies in the U.S. are expected to reach $72.5 billion in capital expenditures for AI infrastructure this year, with Nvidia's quarterly revenue reaching $81.6 billion.The research points out that AI spending can be directly validated through revenue, capital expenditures, and profit margins, while the value proposition of cryptocurrencies is difficult to quantify for traditional allocators. Currently, while the supply of stablecoins is at a historical high, more funds are flowing into tokenized government bonds rather than risk assets.Additionally, in May, the net outflow from U.S. spot Bitcoin ETFs was $2.3 billion, marking the worst single month of the year. However, long-term holders continue to buy in the over-the-counter market, with market makers like Wintermute reporting stable buying around $72,000. The research concludes that unless cryptocurrencies can provide a measurable and repeatable institutional-level return story similar to AI, they will be at a significant disadvantage in competing for the same institutional funds.

The stablecoin company Boundary will launch a verifiable institutional-grade stablecoin USBD

According to market news, Boundary Labs, a stablecoin startup led by Galaxy Ventures under Galaxy Digital, announced that it is preparing to launch an institutional stablecoin USBD and has completed a $2 million seed pre-financing.It was introduced that this round of financing also attracted participation from institutions such as First Block Capital and BlackWood. Boundary Labs was founded by former Deutsche Bank and Digital Currency Group executive Matthew Mezger. USBD will be deployed on the Ethereum network, focusing on the concept of "verifiable stablecoins," attempting to reduce the reliance of traditional stablecoins on off-chain audits and trust mechanisms through continuous on-chain verification of reserves, net asset value (NAV), and protocol operational status.The project team stated that USBD is designed with over-collateralization and hedging strategies to reduce market volatility risks and shift the stablecoin infrastructure from a "trust-driven" model to a "verifiable financial system." Additionally, Boundary plans to launch a staking token sUSBD for distributing protocol earnings under a delta-neutral DeFi strategy, but USBD itself does not provide yield functionality.The team indicated that the protocol is primarily aimed at asset management institutions, hedge funds, and family offices, and plans to officially launch the mainnet in early summer 2026.

LazAI Alpha mainnet officially launched, initiating the assetization of verifiable AI data

LazAI Alpha Mainnet Officially LaunchedThe LazAI Alpha mainnet is now officially live, running on enterprise-grade infrastructure, utilizing the QBFT consensus mechanism, and implementing METIS-based settlement on networks based on the Metis SDK (including Hyperion). This marks a significant transition of AI data from a centralized training model to a new stage of verifiable and assetizable on-chain economy.Real-time Anchoring and AssetizationThe Alpha mainnet achieves real-time anchoring and assetization of AI interaction data. All conversations and interactions users have with AI Agents like Lazbubu and SoulTarot will be minted into unique "Data Anchoring Tokens (DAT)." Through the METIS settlement layer and PoS verification mechanism, these can be transformed into on-chain assets with transparent traceability and revenue attribution, becoming verifiable on-chain assets that users can hold, establishing a trustworthy foundation for the AI economy.Developer IncentivesDevelopers can now deploy verifiable AI Agents through LazAI Docs and the Alith framework. Additionally, LazAI will launch a developer incentive program with a total prize pool of 10,000 METIS, covering full-stage support from early prototypes (Ignition Grants) to mature applications (Builder Grants), and providing multi-level ecosystem empowerment, including cross-social channel promotion and user growth funding pools.

Hyperliquid clarifies false accusations: the platform's status is transparently verifiable, will gradually decentralize, and ultimately be fully open source

Hyperliquid officially clarifies a recent article that made false accusations against it, claiming that Hyperliquid has issues with solvency, integrity, and transparency. The responses to the 10 specific allegations are as follows:System under-collateralized by $362 million: False. The author of the article ignored HyperEVM USDC (parallel to the Arbitrum bridge), with the current total USDC amount being $4.351 billion.Manipulating trading volume through TestnetSetYesterdayUserVlm: False. This is only a testnet feature and cannot be called on the mainnet.Certain users have privileges, such as fee waivers or manipulation affecting airdrops: False. All fees, balances, and transactions are visible on-chain, with no distortion mechanisms.CoreWriter "God mode" can mint, transfer funds, etc.: False. This is a way to send HyperCore operations to HyperEVM smart contracts, with no described privileges.Governance can freeze the chain, with no revocation function: Misunderstanding. Freezing is used for network upgrades, similar to hard forks on other chains. During the POPCAT event in November 2025, L1 was not frozen, only the Arbitrum bridge was automatically locked as a security measure.A single private key can instantly set oracle prices: Misunderstanding. The HIP-3 oracle is configured by the deployer and can use MPC, etc. The perpetual contracts operated by validators use a weighted median price, with no delays to ensure security.Eight undisclosed addresses control all transaction submissions: False. Some transactions have been sent directly by validators, and future upgrades will include MEV and anti-censorship mechanisms.The liquidation cartel has an unfair advantage: Misunderstanding. Only HLP can back liquidations, and deposits are permissionless, with most liquidations processed through the order book.Hidden lending protocols involving over $1 million in funds: False. Portfolio margin, lending, and HLP are publicly announced pre-alpha versions, with documentation on file.ModifyNonCirculatingSupply can change token supply: False. The HIP-1 token supply is fixed, and this function is only for display purposes, not affecting execution.
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