NEAR Intents Reports $3.8M Loss, Pledges Full Compensation
NEAR Intents paused services after an Omni integration bug caused an estimated $3.8 million loss, pledging full compensation and a phased restart.
Henry Lawson covers breaking news and developments across cryptocurrency markets, digital asset regulation, and institutional finance. His reporting focuses on exchange activity, derivatives, stablecoins, and the growing connections between blockchain infrastructure and traditional financial services. He contributes concise news briefs that explain key announcements, regulatory decisions, and market developments, drawing on primary sources and relevant industry context.
NEAR Intents paused services after an Omni integration bug caused an estimated $3.8 million loss, pledging full compensation and a phased restart.
MetaMask is exiting affected staking validators as a precaution following an infrastructure security incident, while reporting no immediate threat to…
Lloyds settled $750,000 in USDC with Visa during a seven-day pilot, with funds arriving in under an hour, including over…
Category Labs will unveil a way to keep sensitive activity private on Monad at the Open event in Singapore on October 6.
Bitcoin briefly topped $85,000 after August core PCE came in at 3.0%, below the 3.3% consensus, before giving back its initial gains.
BlackRock-backed Securitize is integrating with ADI Chain to expand regulated tokenization services for financial products across global markets.
Illinois’s draft rules apply the 0.2% levy to covered digital asset values regardless of profit or loss, while distinguishing fee-based broker services from exempt transfers.
Standard Chartered sees ENA reaching $2 by end-2028 as USDe supply expands, institutional lending diversifies returns and revenue-funded buybacks support the token.
Arthur Hayes repeated his $10,000 year-end Ethereum forecast at Korea Blockchain Week, reaffirming a target already outlined in Maelstrom’s investment outlook.
Canada’s self-described crypto king is expected to face a four-week trial after failing to secure a postponement to obtain a lawyer.