
NEAR Intents Hacked for $3.8M; Users Reimbursed After Rapid Patch
NEAR Intents temporarily halted operations after a $3.8 million exploit traced to KuCoin, but restored core services within an hour and committed to full user reimbursement.
The latest in digital assets, markets and regulation.

NEAR Intents temporarily halted operations after a $3.8 million exploit traced to KuCoin, but restored core services within an hour and committed to full user reimbursement.

Bitcoin rose to $86,757 after August core PCE inflation fell below expectations, increasing the probability of a Federal Reserve rate hold in October.

Stablecoin issuer Circle asked the European Commission to replace mandatory bank-deposit minimums with flexible liquidity standards in its MiCA review response.

ECB Vice-President Boris Vujčić argues that completing the banking union and capital markets union is essential for European bank competitiveness, rejecting claims that lower capital requirements drive growth.

Economist Saifedean Ammous argues that smaller Bitcoin treasury companies cannot compete with Michael Saylor’s Strategy due to its massive holdings and lower borrowing costs.

Maelstrom CIO Arthur Hayes argues that financing AI infrastructure may force monetary expansion, potentially lifting cryptocurrency valuations.

Economist Saifedean Ammous argues that smaller Bitcoin treasury companies lack the scale and financing advantages of Michael Saylor’s Strategy.

Europol-led Operation KillSwitch arrested a 16-year-old Romanian national in Alicante suspected of administering the KillSec ransomware group.

Porsche has announced the conclusion of its Web3 project and Pioneers Circle community, ending an initiative launched in 2022 that included a halted NFT collection.

Aave founder Stani Kulechov stated that Aave v3 contracts remain secure after a third-party adapter exploit drained approximately $305,000 from two Safe multisig wallets.

US spot Bitcoin ETFs attracted $102.7 million in net inflows on Thursday, reversing the previous day's outflows after a quarter that saw $6.34 billion in total inflows.
The Bank of England has appointed Carlos Conceicao and Alexander Justham to its Enforcement Decision Making Committee, effective September 2026.