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Crypto Exchanges Accelerate Expansion into TradFi Gateways; Bitget Launches Gold CFD Trading Speed Challenge

As cryptocurrency trading platforms gradually expand from single digital asset trading to traditional asset trading—such as stocks, gold, foreign exchange (FX), and indices—the competitive landscape is shifting beyond “asset coverage” toward “trading entry points, operational workflows, and execution efficiency.” The speed with which users can identify opportunities, enter the market, and complete trades has become a key metric for exchange product experience. Bitget recently launched its “10-Second Gold Purchase Challenge,” inviting users to record the entire process—from opening the Bitget app’s homepage to completing an XAU/USD gold CFD trade—with participants who finish in under 10 seconds eligible for rewards. By capturing real user interactions, the campaign highlights how mobile TradFi trading workflows are evolving—and reflects how crypto exchanges are striving to bring traditional financial asset trading experiences further forward and simplify them. According to Bitget, the platform has already elevated TradFi access to a first-level navigation item on its app homepage, covering trading in gold, stocks, FX, and indices. In contrast to the past, when trading traditional assets typically required dedicated platforms or multi-layered navigation, Bitget aims to enable users to access diverse asset classes more directly within a single platform—via unified entry points and optimized mobile workflows.

Trump Media Plans to Sell High-Speed Data Access to Truth Social at $100,000 Monthly Fee for Institutions

: Trump Media & Technology Group (TMTG) is exploring the commercialization of real-time information feeds on its Truth Social platform, offering institutional clients high-speed access to Trump's posts at a price of up to $100,000 per month. Sources indicate that Trump Media & Technology Group has proposed a six-figure monthly fee plan to potential clients, allowing quicker access to the latest updates from U.S. President Donald Trump on Truth Social. The service is primarily aimed at institutional investors seeking to track policy signals, market sentiment, and the impact of political events with low latency.As one of Trump's primary channels for public communication, Truth Social's content has long been a focus of financial markets. Information such as Trump's policy views, tariff measures, and regulatory statements has repeatedly triggered volatility in stocks, foreign exchange, and cryptocurrency markets. However, it remains unclear whether the high-speed data service has secured any clients yet, or how many institutions are willing to pay the listed fees. (Financial Times)

Citrini Analyst: China's CXMT Testing Bonded DRAM Trial Production Line, Korean Media Says Its Technology and Development Speed May Surpass Korean Competitors

Citrini analyst jukan posted on X platform, stating that Korean media reports indicate China's CXMT is currently testing a bonded DRAM trial production line in Hefei, aiming to achieve high-performance DRAM without using EUV lithography. Bonded DRAM is a technology in which memory cell arrays and peripheral circuits are manufactured on separate wafers and subsequently bonded together. This method allows for the production of ultra-high-density DRAM using only multi-patterned deep ultraviolet (DUV) lithography, without the need for EUV equipment.Samsung Electronics is developing its own bonded DRAM under the "B1b" project, and SK hynix is also advancing similar technology. Korean media warns that there are assessments suggesting CXMT may currently hold a lead over its Korean competitors in both the technology itself and the pace of its development.

Bitget Launches Futures Trading Speed Challenge—Up to $4,000 USDT Per Participant

Bitget Launches the “Dragon Boat Racing” Futures Trading Competition from June 15 to June 22, with a total prize pool of $30,800 USDT. The first 2,000 users who complete the designated trading tasks will receive early-bird USDT rewards on a first-come, first-served basis. During the event, all users are ranked based on their total futures trading volume; the top-performing individual can win up to $4,000 USDT. New users are also eligible for an additional leaderboard, with a maximum reward of $1,600 USDT per user. Additionally, users can unlock extra cash rewards by inviting friends to complete tasks such as registration, depositing funds, and executing futures trades. Full event rules are available on the official Bitget platform. Eligible users must click “Join Now” to complete registration before participating in the event.

Cryptocurrency May Become Primary Target of Quantum Computing Attacks, Governance Speed Poses Greatest Risk

According to CoinDesk, Eddy Zervigon, CEO of quantum computing security infrastructure company Quantum Xchange, stated that cryptocurrencies, due to their decentralized nature, will become the "canary in the coal mine" for quantum computing attacks—that is, the area where vulnerabilities will be exposed first. Latest assessments by Google researchers show that the number of physical qubits required to break Bitcoin's elliptic curve encryption has decreased 20-fold compared to previous estimates, and multiple institutions have brought forward the expected date of "Q-Day" (the day quantum computers can break existing encryption systems) to 2029. Deutsche Digital Assets pointed out that the real risk lies not in the encryption technology itself, but in the speed of governance—Bitcoin upgrades require 90% miner consensus, which has historically triggered hard forks (such as the 2017 SegWit upgrade leading to the birth of Bitcoin Cash), whereas traditional financial institutions only need a board resolution to complete encryption infrastructure migration. Additionally, experts caution that the quantum threat is not a binary event that "arrives suddenly on a certain day"; even if quantum computers require months to crack data, as long as the cracking is completed while the data is still valuable, the threat is established.

Cerebras Launches New AI Computer CS-4, Claims Speed Significantly Surpasses Nvidia

According to Bloomberg, AI chip company Cerebras Systems unveiled the new computer CS-4 in San Francisco on August 19. The device is equipped with Cerebras' self-developed chip, with speeds several times that of the previous generation. Cerebras claims its previous generation product already outperformed Nvidia's mainstream processors in response speed, and CS-4 will further expand this advantage. Currently, CS-4 is available for trial to a limited number of customers and is expected to officially launch on a large scale in the late third quarter.

GPT-5.6 Sol Launches Ultrafast Mode, Speed Increased 14x

OpenAI previews the Ultrafast mode of GPT-5.6 Sol, with output speeds reaching up to 750 tokens per second, a 14-fold increase compared to before, powered by Cerebras. The two parties signed a $10 billion cooperation agreement earlier this year. The service will initially be available only to specific customers via the OpenAI API, with OpenAI planning to gradually expand access as compute capacity grows. OpenAI has already used this mode internally for incident response and plans to use speed as a new pricing lever.

Ondo Finance Abandons Layer 1 Plan, Launches Private High-Speed Trading Network Ondo Network

: Tokenized asset issuer Ondo Finance has abandoned its traditional Layer 1 blockchain plan and instead launched the Ondo Network. The platform is positioned as a trading network tailored to institutional needs, designed to support private, high-speed trade execution. The network's first application, Ondo Perps, will allow users to trade perpetual futures using tokenized assets as collateral, separating fast, private trade execution from public chain settlement. Ondo Finance has already issued tokenized U.S. Treasury bonds and stocks, and is advancing broader trading infrastructure development against the backdrop of rising Wall Street interest in tokenization and 24/7 markets.

Cryptocurrency May Become Primary Target of Quantum Computing Attacks, Governance Speed Poses Greatest Risk

According to CoinDesk, Eddy Zervigon, CEO of quantum computing security infrastructure company Quantum Xchange, stated that cryptocurrencies, due to their decentralized nature, will become the "canary in the coal mine" for quantum computing attacks—that is, the area where vulnerabilities will be exposed first. Latest assessments by Google researchers show that the number of physical qubits required to break Bitcoin's elliptic curve encryption has decreased 20-fold compared to previous estimates, and multiple institutions have brought forward the expected date of "Q-Day" (the day quantum computers can break existing encryption systems) to 2029. Deutsche Digital Assets pointed out that the real risk lies not in the encryption technology itself, but in the speed of governance—Bitcoin upgrades require 90% miner consensus, which has historically triggered hard forks (such as the 2017 SegWit upgrade leading to the birth of Bitcoin Cash), whereas traditional financial institutions only need a board resolution to complete encryption infrastructure migration. Additionally, experts caution that the quantum threat is not a binary event that "arrives suddenly on a certain day"; even if quantum computers require months to crack data, as long as the cracking is completed while the data is still valuable, the threat is established.

Trump Media Plans to Sell High-Speed Data Access to Truth Social at $100,000 Monthly Fee for Institutions

: Trump Media & Technology Group (TMTG) is exploring the commercialization of real-time information feeds on its Truth Social platform, offering institutional clients high-speed access to Trump's posts at a price of up to $100,000 per month. Sources indicate that Trump Media & Technology Group has proposed a six-figure monthly fee plan to potential clients, allowing quicker access to the latest updates from U.S. President Donald Trump on Truth Social. The service is primarily aimed at institutional investors seeking to track policy signals, market sentiment, and the impact of political events with low latency.As one of Trump's primary channels for public communication, Truth Social's content has long been a focus of financial markets. Information such as Trump's policy views, tariff measures, and regulatory statements has repeatedly triggered volatility in stocks, foreign exchange, and cryptocurrency markets. However, it remains unclear whether the high-speed data service has secured any clients yet, or how many institutions are willing to pay the listed fees. (Financial Times)

Bitget Launches Futures Trading Speed Challenge—Up to $4,000 USDT Per Participant

Bitget Launches the “Dragon Boat Racing” Futures Trading Competition from June 15 to June 22, with a total prize pool of $30,800 USDT. The first 2,000 users who complete the designated trading tasks will receive early-bird USDT rewards on a first-come, first-served basis. During the event, all users are ranked based on their total futures trading volume; the top-performing individual can win up to $4,000 USDT. New users are also eligible for an additional leaderboard, with a maximum reward of $1,600 USDT per user. Additionally, users can unlock extra cash rewards by inviting friends to complete tasks such as registration, depositing funds, and executing futures trades. Full event rules are available on the official Bitget platform. Eligible users must click “Join Now” to complete registration before participating in the event.

Related news

Cerebras Launches New AI Computer CS-4, Claims Speed Significantly Surpasses Nvidia

According to Bloomberg, AI chip company Cerebras Systems unveiled the new computer CS-4 in San Francisco on August 19. The device is equipped with Cerebras' self-developed chip, with speeds several times that of the previous generation. Cerebras claims its previous generation product already outperformed Nvidia's mainstream processors in response speed, and CS-4 will further expand this advantage. Currently, CS-4 is available for trial to a limited number of customers and is expected to officially launch on a large scale in the late third quarter.

GPT-5.6 Sol Launches Ultrafast Mode, Speed Increased 14x

OpenAI previews the Ultrafast mode of GPT-5.6 Sol, with output speeds reaching up to 750 tokens per second, a 14-fold increase compared to before, powered by Cerebras. The two parties signed a $10 billion cooperation agreement earlier this year. The service will initially be available only to specific customers via the OpenAI API, with OpenAI planning to gradually expand access as compute capacity grows. OpenAI has already used this mode internally for incident response and plans to use speed as a new pricing lever.

MiniMax Open Sources 5x Speed Knowledge Distillation LoRA Built by Community in Four Days

Four days after MiniMax open-sourced its model weights, the community has already developed optimization solutions typically delivered by labs. A knowledge distillation LoRA significantly reduced the sampling steps from 20 to 4-8, achieving a 5x speedup. MiniMax stated on platform X that this is precisely why they chose to open source: by sharing model weights, they can spark community creativity and rapidly iterate engineering-level optimization results. This demonstrates that open-source strategies can effectively accelerate the optimization iteration cycle of AI models, serving as a paradigm for technical community collaboration.

Ondo Finance Abandons Layer 1 Plan, Launches Private High-Speed Trading Network Ondo Network

: Tokenized asset issuer Ondo Finance has abandoned its traditional Layer 1 blockchain plan and instead launched the Ondo Network. The platform is positioned as a trading network tailored to institutional needs, designed to support private, high-speed trade execution. The network's first application, Ondo Perps, will allow users to trade perpetual futures using tokenized assets as collateral, separating fast, private trade execution from public chain settlement. Ondo Finance has already issued tokenized U.S. Treasury bonds and stocks, and is advancing broader trading infrastructure development against the backdrop of rising Wall Street interest in tokenization and 24/7 markets.

Cryptocurrency May Become Primary Target of Quantum Computing Attacks, Governance Speed Poses Greatest Risk

According to CoinDesk, Eddy Zervigon, CEO of quantum computing security infrastructure company Quantum Xchange, stated that cryptocurrencies, due to their decentralized nature, will become the "canary in the coal mine" for quantum computing attacks—that is, the area where vulnerabilities will be exposed first. Latest assessments by Google researchers show that the number of physical qubits required to break Bitcoin's elliptic curve encryption has decreased 20-fold compared to previous estimates, and multiple institutions have brought forward the expected date of "Q-Day" (the day quantum computers can break existing encryption systems) to 2029. Deutsche Digital Assets pointed out that the real risk lies not in the encryption technology itself, but in the speed of governance—Bitcoin upgrades require 90% miner consensus, which has historically triggered hard forks (such as the 2017 SegWit upgrade leading to the birth of Bitcoin Cash), whereas traditional financial institutions only need a board resolution to complete encryption infrastructure migration. Additionally, experts caution that the quantum threat is not a binary event that "arrives suddenly on a certain day"; even if quantum computers require months to crack data, as long as the cracking is completed while the data is still valuable, the threat is established.

Trump Media Plans to Sell High-Speed Data Access to Truth Social at $100,000 Monthly Fee for Institutions

: Trump Media & Technology Group (TMTG) is exploring the commercialization of real-time information feeds on its Truth Social platform, offering institutional clients high-speed access to Trump's posts at a price of up to $100,000 per month. Sources indicate that Trump Media & Technology Group has proposed a six-figure monthly fee plan to potential clients, allowing quicker access to the latest updates from U.S. President Donald Trump on Truth Social. The service is primarily aimed at institutional investors seeking to track policy signals, market sentiment, and the impact of political events with low latency.As one of Trump's primary channels for public communication, Truth Social's content has long been a focus of financial markets. Information such as Trump's policy views, tariff measures, and regulatory statements has repeatedly triggered volatility in stocks, foreign exchange, and cryptocurrency markets. However, it remains unclear whether the high-speed data service has secured any clients yet, or how many institutions are willing to pay the listed fees. (Financial Times)