Near Intents Pauses Service After $3.8M Omni Layer Exploit
Summary: Near Intents halted operations after a bug in its Omni deposit layer allowed an attacker to steal approximately $3.8 million, two days after blocking a North Korea-linked swap.
Latest News
Bitcoin Reclaims $84,000 as US Bond Yields Retreat From Multi-Decade Highs
Summary: Bitcoin rose above $84,000 on Thursday as US 10-year bond yields fell from a peak of 5.342%, marking their highest level since April 2002.
Coinbase CEO Says Banks May Drive CLARITY 2.0 Push
Summary: Coinbase CEO Brian Armstrong stated that traditional banks may become primary advocates for future CLARITY 2.0 legislation to overcome regulatory barriers in crypto custody.
Orca Legal Chief: SEC Exemption Enables DeFi Efficiency Tests
Summary: Orca's Chief Legal Officer stated that the SEC's new innovation exemption allows decentralized finance to test blockchain efficiency against traditional markets.
US House Probe Targets Hyperliquid and Crypto.com Over Insider Trading
Summary: US House Chairman James Comer has expanded an insider trading investigation to include records requests for Hyperliquid Labs, Crypto.com, and Aristotle Exchange.
BitGo and OKX Expand Global Off-Exchange Settlement for Institutions
Summary: BitGo has partnered with OKX to expand global off-exchange settlement services, enabling eligible institutions to access liquidity while maintaining assets in regulated custody.
Lagarde Warns AI Risks to Financial Stability
Summary: European Central Bank President Christine Lagarde highlighted systemic risks from artificial intelligence adoption in finance, citing concerns over market misalignment, cyber vulnerabilities, and geopolitical dependencies on frontier models.
Stablecoins Pose Rapid Capital Flight Risk to Banks and Nations
Summary: The European Central Bank warns that stablecoin reserve structures could trigger cascading bank withdrawals, while BIS data links digital dollar demand to currency pressure in emerging markets.
Report: LATAM stablecoin liquidity concentrated in few providers
Summary: A new report warns that Latin America's stablecoin ecosystem relies on just 16 wholesale liquidity providers, creating potential cash-out disruptions.
Bitget Replenishes $300M Protection Fund After Breach
Summary: Cryptocurrency exchange Bitget has replenished its emergency Protection Fund to over $300 million, fulfilling a pledge five days ahead of schedule following a September security breach.
LeveX Launches Monthly Trading Tournaments With $5,000 Prize Pool
Summary: LeveX has initiated a series of monthly trading tournaments, starting with a $5,000 USDT prize pool distributed across three leaderboards for perpetual futures traders.
LeveX Launches Social Copy Trading for Futures
Summary: LeveX has introduced a social copy trading feature that allows users to instantly replicate futures trades shared on its platform feed with one tap.
Bitcoin Magazine: Quantum Threat to Bitcoin Remains FUD, No CRQC Evidence
Summary: Bitcoin Magazine argues that cryptographically relevant quantum computers remain a theoretical threat with no evidence of near-term development.
Bitget Hack Wallets Move $3.9 Million in Zcash Into Shielded Pool
Summary: Wallets linked to Bitget’s $387.5 million breach moved $3.9 million in Zcash into the Ironwood shielded pool, significantly hindering traceability.
Citi Raises Bitcoin Target to $113K, Ethereum to $3K
Summary: Citigroup increased its 12-month price targets for Bitcoin and Ethereum by approximately 35%, citing renewed ETF inflows and a supportive macro environment.
LeveX Launches Monthly Trading Tournaments With $5,000 Prize Pool
Summary: LeveX has introduced monthly trading tournaments starting with a $5,000 USDT prize pool for October 2026, rewarding top traders across volume and P&L leaderboards.
Bitget Reports 131% Reserve Ratio After $388 Million Breach
Summary: Bitget reported a 131% overall reserve ratio across 19 assets in its first proof of reserves since a $388 million security incident, confirming full asset backing.
Stand With Crypto Endorses Senate Candidates After Clarity Act Failure
Summary: Following the Clarity Act's defeat in the Senate, Stand With Crypto endorsed specific candidates to influence future regulatory committee seats.
Coinbase Secures CFTC Clearing License for USDC Settlement
Summary: The CFTC registered Coinbase Clearing LLC as the first USDC-based clearing house in the U.S., enabling 24-hour settlement without bank delays.
EU Regulators Scrutinize Binance’s Reverse Solicitation Use Under MiCA
Summary: ESMA and national regulators are investigating whether Binance improperly uses reverse solicitation to serve EU customers without full MiCA authorization.