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On May 30, the Huobi HTX VIP private class "AI + Trading from Theory to Practice" was held in Shanghai. Early Bitcoin miner and CTO of pyra.io, Tian Jia, shared insights on the development of quantum computing and its impact on trading. He believes that if quantum computing poses a threat to 'Bitcoin addresses with exposed public keys,' it would be on average in 7 to 8 years, with a range of 5 to 15 years. The required number of logical qubits is between 1200 and 2400, while the physical qubit count is less than 500,000. Additionally, Bitcoin has defensive measures; it can transition to post-quantum cryptography (PQC), although there are significant challenges, such as the locking issue with Satoshi's coin.

[Tian Jia: Quantum Computing Expected to Threaten Exposed Public Key Bitcoin Addresses in 5-15 Years]On May 30, the Huobi HTX VIP private class "AI + Trading from Theory to Practice" was held in Shanghai. Early Bitcoin miner and CTO of pyra.io, Tian Jia, shared insights on the development of quantum computing and its impact on trading. He believes that if quantum computing poses a threat to 'Bitcoin addresses with exposed public keys,' it would be on average in 7 to 8 years, with a range of 5 to 15 years. The required number of logical qubits is between 1200 and 2400, while the physical qubit count is less than 500,000. Additionally, Bitcoin has defensive measures; it can transition to post-quantum cryptography (PQC), although there are significant challenges, such as the locking issue with Satoshi's coin.

Tian Jia: Quantum Computing Expected to Threaten Exposed Public Key Bitcoin Addresses in 5-15 Years

Prediction market Polymarket has disclosed updates on the platform, which include: launching the World Cup page and initiating function testing, introducing perpetual contract features (including 5 traditional financial trading pairs and BTC perpetual contracts), optimizing CLOB performance with a version set to be released next week to address queue congestion issues, open-sourcing the SDK, launching a unified API, and implementing Gamma fixes and improvements (including stricter key set pagination and high-traffic read path indexing, as well as production accuracy fixes for users, profiles, comments, and sports summaries).

[Polymarket Launches World Cup Page and Initiates Function Testing]Prediction market Polymarket has disclosed updates on the platform, which include: launching the World Cup page and initiating function testing, introducing perpetual contract features (including 5 traditional financial trading pairs and BTC perpetual contracts), optimizing CLOB performance with a version set to be released next week to address queue congestion issues, open-sourcing the SDK, launching a unified API, and implementing Gamma fixes and improvements (including stricter key set pagination and high-traffic read path indexing, as well as production accuracy fixes for users, profiles, comments, and sports summaries).

Polymarket Launches World Cup Page and Initiates Function Testing

Kyle Samani, co-founder of Multicoin Capital, analyzed the development of Kalshi and the U.S. crypto perpetual contract market on the X platform, suggesting three potential scenarios: 1. Kalshi's previous efforts may be irrelevant, as the U.S. market already offers non-regulated perpetual contracts. 2. The protocol must meet the eight decentralized tests of the CLARITY Act: If the CLARITY Act is successfully passed, the protocol could offer perpetual contracts in the U.S. without registering as a DCO (Designated Contract Organizer) and DCM (Designated Contract Market). 3. The product may still attract users but could be unable to legally enter the U.S. financial system: Even if users accept it, the protocol may still struggle to distribute within a compliant framework. The analysis highlights the complex relationship between current U.S. derivatives regulation and decentralized protocols, as well as the uncertainty surrounding the launch of innovative financial products within legal compliance.

[Kyle Samani: Uncertainty Surrounding Kalshi and U.S. Crypto Perpetual Contracts May Lead to Three Potential Outcomes]Kyle Samani, co-founder of Multicoin Capital, analyzed the development of Kalshi and the U.S. crypto perpetual contract market on the X platform, suggesting three potential scenarios: 1. Kalshi's previous efforts may be irrelevant, as the U.S. market already offers non-regulated perpetual contracts. 2. The protocol must meet the eight decentralized tests of the CLARITY Act: If the CLARITY Act is successfully passed, the protocol could offer perpetual contracts in the U.S. without registering as a DCO (Designated Contract Organizer) and DCM (Designated Contract Market). 3. The product may still attract users but could be unable to legally enter the U.S. financial system: Even if users accept it, the protocol may still struggle to distribute within a compliant framework. The analysis highlights the complex relationship between current U.S. derivatives regulation and decentralized protocols, as well as the uncertainty surrounding the launch of innovative financial products within legal compliance.

Kyle Samani: Uncertainty Surrounding Kalshi and U.S. Crypto Perpetual Contracts May Lead to Three Potential Outcomes

On May 30, according to U.S. sources, an anonymous informant revealed that Iran recently launched a ballistic missile attack on the U.S. Air Force base in Kuwait, resulting in several Americans sustaining minor injuries. The informant stated that Kuwait's air defense forces intercepted a "Conqueror-110" missile at the time, but debris fell on the Ali Al-Salem Air Base, injuring multiple personnel and damaging one MQ-9 Reaper drone while another sustained severe damage. The U.S. Central Command has not yet responded to this information. On May 28, the U.S. Central Command issued a statement accusing Iran of launching missiles towards Kuwait. In response, Iran stated that the attack on the U.S. base was a retaliation for the U.S. strike on the port of Abadan.

[Sources: Iranian Attack on US Military Base in Kuwait Injures Several Americans]On May 30, according to U.S. sources, an anonymous informant revealed that Iran recently launched a ballistic missile attack on the U.S. Air Force base in Kuwait, resulting in several Americans sustaining minor injuries. The informant stated that Kuwait's air defense forces intercepted a "Conqueror-110" missile at the time, but debris fell on the Ali Al-Salem Air Base, injuring multiple personnel and damaging one MQ-9 Reaper drone while another sustained severe damage. The U.S. Central Command has not yet responded to this information. On May 28, the U.S. Central Command issued a statement accusing Iran of launching missiles towards Kuwait. In response, Iran stated that the attack on the U.S. base was a retaliation for the U.S. strike on the port of Abadan.

Sources: Iranian Attack on US Military Base in Kuwait Injures Several Americans

On May 30, on-chain investigator ZachXBT revealed that approximately 7 hours prior, USDC issuer Circle allegedly blacklisted the confidential USDC (cUSDC) contract address of the privacy protocol Zama on the Ethereum network. Approximately $12.6 million in funds within that contract have currently been frozen, and the related assets are temporarily unable to be transferred or used normally. As of now, neither Circle nor Zama has released a detailed statement regarding this matter.

[Circle Suspected of Blacklisting Zama's cUSDC Contract Address, Approximately $12.6 Million Frozen]On May 30, on-chain investigator ZachXBT revealed that approximately 7 hours prior, USDC issuer Circle allegedly blacklisted the confidential USDC (cUSDC) contract address of the privacy protocol Zama on the Ethereum network. Approximately $12.6 million in funds within that contract have currently been frozen, and the related assets are temporarily unable to be transferred or used normally. As of now, neither Circle nor Zama has released a detailed statement regarding this matter.

Circle Suspected of Blacklisting Zama's cUSDC Contract Address, Approximately $12.6 Million Frozen

On May 30, Liao Bo, Chief Macro Analyst at Northeast Securities, pointed out that the current RMB exchange rate has entered a trend of appreciation. This is not merely a short-term fluctuation but signifies a profound restructuring of global capital flows and the pricing logic of Chinese assets in the medium to long term. With the triple resonance of fundamentals, policies, and liquidity, Chinese equity assets are expected to welcome a new round of 'Davis Double Play.'

[Liao Bo from Northeast Securities: Chinese Assets Expected to Experience 'Davis Double Play' Amid RMB Appreciation Cycle]On May 30, Liao Bo, Chief Macro Analyst at Northeast Securities, pointed out that the current RMB exchange rate has entered a trend of appreciation. This is not merely a short-term fluctuation but signifies a profound restructuring of global capital flows and the pricing logic of Chinese assets in the medium to long term. With the triple resonance of fundamentals, policies, and liquidity, Chinese equity assets are expected to welcome a new round of 'Davis Double Play.'

Liao Bo from Northeast Securities: Chinese Assets Expected to Experience 'Davis Double Play' Amid RMB Appreciation Cycle

On May 30, Carlos Garcia-Galan, the head of NASA's lunar base project, stated in a media interview that NASA has not yet considered the possibility of private entities executing the initial missions for the lunar base. He remarked, 'From our perspective on the lunar economy, it would be ideal and wonderful if we could immediately create a market environment where various industries can operate independently and innovate early. However, that will not happen.'

[NASA Does Not Consider Private Sector for Initial Lunar Base Missions]On May 30, Carlos Garcia-Galan, the head of NASA's lunar base project, stated in a media interview that NASA has not yet considered the possibility of private entities executing the initial missions for the lunar base. He remarked, 'From our perspective on the lunar economy, it would be ideal and wonderful if we could immediately create a market environment where various industries can operate independently and innovate early. However, that will not happen.'

NASA Does Not Consider Private Sector for Initial Lunar Base Missions

On May 30, according to Farside monitoring, US spot Bitcoin ETFs experienced a cumulative net outflow of $1.4156 billion this week. The breakdown is as follows: IBIT had a net outflow of $966.3 million; GBTC saw a net outflow of $172 million; FBTC experienced a net outflow of $169.1 million; BITB had a net outflow of $46.3 million; ARKB saw a net outflow of $24.7 million; MSBT had a net outflow of $1 million; and Grayscale BTC experienced a net outflow of $33 million.

[This Week, US Spot Bitcoin ETFs Experience Net Outflow of $1.4156 Billion]On May 30, according to Farside monitoring, US spot Bitcoin ETFs experienced a cumulative net outflow of $1.4156 billion this week. The breakdown is as follows: IBIT had a net outflow of $966.3 million; GBTC saw a net outflow of $172 million; FBTC experienced a net outflow of $169.1 million; BITB had a net outflow of $46.3 million; ARKB saw a net outflow of $24.7 million; MSBT had a net outflow of $1 million; and Grayscale BTC experienced a net outflow of $33 million.

This Week, US Spot Bitcoin ETFs Experience Net Outflow of $1.4156 Billion

On May 30, 'New Stock Guru' Serenity published an analysis stating that market expectations for Sivers Semiconductors are undergoing multiple rounds of reassessment. This has evolved from early skepticism about the customer structure (around a $150 million market cap), to doubts about execution capabilities (around a $600 million market cap), then to concerns about market share and competitive landscape (around a $1.2 billion market cap), and currently to discussions about revenue growth and partners' capacity expansion. The analysis suggests that potential clients may include Jabil, Ayar Labs, Apple-related supply chains, defense clients, and companies in the data center and optical communications industry chain such as Marvell Technology, while also mentioning the supply chain systems of Lumentum Holdings, Broadcom, and SpaceX. The post further states that the company's order pipeline is expected to achieve approximately 77% growth in the short term, and believes that collaboration with Win Semiconductor (Win Semi) could alleviate some capital expenditure pressure while supporting subsequent capacity expansion. The analysis also indicates that the current market debate has shifted towards Win Semi's capacity expansion capabilities, and anticipates that institutional funds may reprice and reorganize retail holdings before the next cycle.

[New Stock Guru Serenity: SIVE Market Expectations Continue to Be Upgraded, Emphasizing Win Semi's Capacity and Customer Structure Supporting Growth Logic]On May 30, 'New Stock Guru' Serenity published an analysis stating that market expectations for Sivers Semiconductors are undergoing multiple rounds of reassessment. This has evolved from early skepticism about the customer structure (around a $150 million market cap), to doubts about execution capabilities (around a $600 million market cap), then to concerns about market share and competitive landscape (around a $1.2 billion market cap), and currently to discussions about revenue growth and partners' capacity expansion. The analysis suggests that potential clients may include Jabil, Ayar Labs, Apple-related supply chains, defense clients, and companies in the data center and optical communications industry chain such as Marvell Technology, while also mentioning the supply chain systems of Lumentum Holdings, Broadcom, and SpaceX. The post further states that the company's order pipeline is expected to achieve approximately 77% growth in the short term, and believes that collaboration with Win Semiconductor (Win Semi) could alleviate some capital expenditure pressure while supporting subsequent capacity expansion. The analysis also indicates that the current market debate has shifted towards Win Semi's capacity expansion capabilities, and anticipates that institutional funds may reprice and reorganize retail holdings before the next cycle.

New Stock Guru Serenity: SIVE Market Expectations Continue to Be Upgraded, Emphasizing Win Semi's Capacity and Customer Structure Supporting Growth Logic

Grayscale tweeted:"Our funds ETHE & GDLC have passively received the rights to forked ETHPoW tokens. To the extent it is practicable, we will look to sell these tokens & distribute net cash proceeds to record date shareholders."

Detail

【Grayscale seeks to sell these ETHPoW and distribute net cash proceeds to record date shareholders】Grayscale tweeted:"Our funds ETHE & GDLC have passively received the rights to forked ETHPoW tokens. To the extent it is practicable, we will look to sell these tokens & distribute net cash proceeds to record date shareholders."

Grayscale seeks to sell these ETHPoW and distribute net cash proceeds to record date shareholders

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Grayscale seeks to sell these ETHPoW and distribute net cash proceeds to record date shareholders

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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