News linked to both this project and an event.
Odaily reports: Cross-chain swap service Near Intents announced that the $3.8 million in funds stolen in a previous exploit has been fully returned, and the team has closed its investigation. Near Intents General Manager Alex Shevchenko had previously issued a 48-hour return deadline to the attacker, providing Bitcoin, BNB, Ethereum, and Solana addresses.The attacker acknowledged wrongdoing in an on-chain message, stating that all funds had been returned and urging others to report issues through the bug bounty program. The incident stemmed from a vulnerability in the interaction between its Omni deposit and withdrawal layer and the main smart contract. Near Intents had suspended services and promised full compensation to users. (Decrypt)
Odaily News: Nate Geraci, President of ETF Store, stated that the U.S. SEC has approved the first batch of 3x leveraged Bitcoin and Ethereum ETFs for listing and trading. Recent SEC filings show that the related products include ETFs seeking to achieve 3x the daily performance of Bitcoin or Ethereum.Geraci noted that less than three years ago, the SEC's lawsuit with Grayscale over a standard spot Bitcoin ETF had not yet concluded, and now the regulatory environment has changed significantly.
Arthur Hayes stated that U.S. policymakers may support the AI industry and government debt financing through money printing, driving cryptocurrency prices higher; if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial stress in France, including BNP Paribas-related credit default swaps and French government bond spreads.Catrina Wang, General Partner at Portal Ventures, said that banks and asset management companies have advantages in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, pointed out that public blockchains can help institutions reach clients beyond their own networks; Justin Kugel, Executive Vice President of Growth at World Liberty Financial, said that user demand for asset management and investment evaluation still leaves room for intermediaries.Chetan Karkhanis, Senior Vice President of Digital Asset Client Relationships at Franklin Templeton, said the company has no intention of issuing its own stablecoin and hopes tokenized money market funds will provide investment returns. Haonan Li, co-founder and CEO of Codex, said that trade routes connecting Latin America, sub-Saharan Africa, and Asia are driving demand for stablecoin payments; buyers pay eastward for goods, while manufactured products flow westward.Ilya Podoynitsyn, co-founder and CEO of FinHarbor, said that before allocating to crypto assets, companies need to confirm they have long-term idle funds that will not affect daily operations. Michael Camarda, Chief Development Officer of Ethereum treasury company SharpLink, said that both buying back shares and increasing ETH holdings can raise ETH per share; the company has adopted both methods to meet the preferences of institutional and retail investors. (Cointelegraph)
EIP-8363 co-proposer Jérôme de Tychey announced the withdrawal of the application to include the proposal in the Hegotá hard fork, with related discussions on issuance policy shifting to a standalone topic.
SlowMist founder Yu Xian stated that MetaMask Staking preemptively exited from the Lido validator set following an investigation into an infrastructure breach. Issues of this nature with staking nodes generally do not affect the ETH principal, but may impact staking rewards.
Lido stated that MetaMask Staking has taken precautionary measures and exited its operated Lido Ethereum validators following an investigation into an infrastructure intrusion incident, with the related ETH expected to gradually return to the protocol over a period of up to approximately 45 days.
Odaily News — According to monitoring by the Drift Foundation, the Drift Foundation has released an update on fund recovery progress related to the April 1 security incident: approximately $295 million in user assets were stolen. The foundation has engaged Mandiant, zeroShadow, and SEAL 911 to conduct the investigation and trace the funds, with Mandiant identifying the attacker as the North Korean threat group UNC6862.The stolen funds were subsequently bridged to Ethereum, with approximately 130,300 ETH distributed across 4 wallets. Three of these wallets have seen no transfers to date, collectively holding 107,200 ETH; the other wallet transferred approximately 23,100 ETH to Tornado Cash on July 23.Currently, approximately $9.2 million in stolen funds has been frozen. The relevant funds had previously been transferred through Tornado Cash in August, and unfreezing and return still require cooperation with legal procedures. The Drift Foundation will transfer all assets recovered through freezing, bounties, or law enforcement channels into the DFX recovery pool, and is evaluating the subsequent path of the DRIFT token within the broader ecosystem. In addition, the foundation has partnered with Bybit to launch a public bounty program, offering a 10% bounty on successfully recovered funds.
Odaily reports: European stablecoin issuer AllUnity has launched the U.S. dollar stablecoin USDAU, its fourth fiat-backed stablecoin. USDAU maintains a 1:1 peg to the U.S. dollar through segregated reserves and is now live on Ethereum, Solana, Base, Tempo, Arc, and Polygon.AllUnity is regulated under the EU's Markets in Crypto-Assets Regulation (MiCA) and has previously issued the euro stablecoin EURAU, the Swiss franc stablecoin CHFAU, and the Swedish krona stablecoin SEKAU. (Cointelegraph)
Odaily News — Gracy Chen, CEO of cryptocurrency exchange Bitget, said the company is not optimistic about recovering the $388 million in crypto assets lost in last week's security incident. Citing the Bybit hack in 2025 as a reference, she noted that approximately one year after that incident, only about 3.5% of the stolen funds had been frozen, and that this does not equate to a completed recovery.Bitget has set up a bounty program offering 5% rewards for frozen funds and recovered funds respectively. The NEAR Intents team said it has intercepted over $50 million in assets related to the attack and frozen approximately $500,000. Tether and Circle have blacklisted the relevant wallets, freezing $318,000 worth of USDT and USDC.Gracy Chen stated that preliminary investigations indicate the attack may match VPN addresses used by North Korea-linked groups, but Bitget has not yet fully ruled out the possibility of an insider job. Bitget has resumed withdrawals in phases, starting with Bitcoin transactions on Monday and continuing with ETH transactions on Tuesday. (Cointelegraph)
Odaily reports: Aztec Network developer Aztec Labs has relaunched the self-custodial wallet zk.money. The wallet can conceal payment amounts, balances, and recipient information through Aztec Network, and supports transfers via readable names or links.Users can deposit DAI, USDC, or USDT from Ethereum, with USDC and USDT being converted to DAI. Deposit records remain publicly traceable, while subsequent transaction activity remains private.The early Alpha version limits individual deposits, payments, and withdrawals to under $2,500, and screens addresses in accordance with sanctions policy. The software has not yet undergone a full audit and carries security risks. (CoinDesk)
Odaily News: An investigation by US Senate Democrats claims that the stablecoin USDT issued by Tether has become a primary payment method for Iran. The investigation shows that among over 800 sanctioned crypto wallets, approximately 84% primarily or exclusively use USDT. The US Senate Permanent Subcommittee on Investigations previously stated that its review of blockchain records, sanctions lists, and asset seizure notices found that the sanctioned wallets were mainly distributed on the Tron and Ethereum networks and had conducted USDT transactions. (WSJ)
According to the official announcement, Huobi HTX will open JPYC/USDT spot trading and grid trading at 21:00 (UTC+8) on September 28. JPYC deposits will open at 15:00 on September 28, and withdrawals will open at 21:00 on September 29. JPYC is a Japanese yen stablecoin issued by JPYC Inc., regulated under Japan's Payment Services Act, and classified as an electronic payment instrument. It is pegged 1:1 to the Japanese yen, with reserves held in bank deposits and Japanese government bonds. Users can mint or redeem JPYC through the JPYC EX platform after completing KYC, or use it for payments, transfers, DeFi, and other scenarios on blockchains such as Ethereum and Polygon. Its design aims to provide a compliant and transparent digital yen solution.
According to a blog post by Vitalik Buterin, Ethereum is transitioning from a traditional blockchain architecture to a "cryptographic world computer." The article notes that fundamental changes have occurred at core levels such as verification mechanisms, consensus algorithms, and block production—shifting from full-data download and re-execution to PeerDAS sampling coupled with SNARK verification, evolving consensus from PoW to a highly optimized PoS, and moving block production rights from a single miner to multi-party collaboration under the FOCIL mechanism. From a user experience standpoint, Ethereum by 2030 will achieve strong censorship resistance (ensuring real-time transaction on-chain inclusion), reduced costs for general-purpose computing, stronger privacy guarantees (leveraging ZK-SNARKs alongside private account abstraction), and lighter node operational requirements. The article emphasizes that decentralized networks are evolving from a "security burden" into a performance advantage, enabling parallel processing of data and computation. The planned Hegota upgrade will serve as Ethereum's final "routine" fork; thereafter, recursive STARKs, automated formal verification, and quantum-safe mechanisms will be fully implemented, and Ethereum's core narrative will completely pivot toward the realization of a cryptographic world computer.
Odaily News: Bitget posted on X platform that the vulnerability involved in the September 24 security incident has been identified and fixed. The team is conducting additional verification and security checks on the withdrawal infrastructure, with Mandiant and SlowMist continuing to assist with the investigation. The temporary suspension of withdrawals is a security measure and is unrelated to the availability of user assets; user account balances have not been affected, and the Bitget Protection Fund will cover the financial impact of this platform-wide incident.Bitget plans to resume withdrawals in phases: Bitcoin network withdrawals will resume on September 28 at 8:00 (UTC); ETH withdrawals on the Ethereum, BSC, Arbitrum, Base, and Optimism networks will resume on September 29 at 8:00 (UTC); USDT withdrawals on the Ethereum, BSC, Solana, and Tron networks will resume on September 30 at 8:00 (UTC); other tokens, fiat, and P2P withdrawals will resume on October 2 at 8:00 (UTC). Trading and deposit services continue to operate, and users do not need to take any action in advance.
Odaily report: According to RevokeCash monitoring, if users have previously traded NFTs on the Magic Eden Ethereum marketplace, their wallets may have granted approval to Limit Break's Payment Processor contract; this contract currently has a known vulnerability, and it is recommended to revoke the approval. Magic Eden previously stated that NFTs currently still listed on its platform are not affected by this vulnerability; NFTs listed through its EVM marketplace between approximately February 2024 and October 2024 may be affected, while listings after October 2024 are in principle not affected. Magic Eden is contacting protocol owner and maintainer Limit Break to study other risk mitigation measures, including pausing protocol transfers, and continues to investigate the actual scope of impact.Users who have previously listed or traded NFTs on the Magic Eden EVM marketplace should revoke the relevant contract approvals on Ethereum, Polygon, and Base networks, and revoke all NFT approvals marked as "approved for all." Yuga Labs Blockchain Vice President Quit stated that the asset claim website for the Payment Processor vulnerability NFT theft incident has officially launched; affected users whose NFTs were successfully safeguarded can now claim, but must first revoke their approval to the Payment Processor.
Magic Eden clarified on the X platform that Payment Processor V2, an NFT trading protocol under Limit Break, was recently exploited. Magic Eden stopped using this protocol in October 2024 and will completely shut down its EVM marketplace in Q1 2026, so this exploit did not affect existing Magic Eden listings. However, NFTs listed on the Magic Eden EVM marketplace from February to October 2024 may have been impacted, and users should revoke the "Approve for All" authorization for the contract on Ethereum, Polygon, and Base. Additionally, Magic Eden stated it is collaborating with Limit Break to investigate and seek further mitigation measures.
Bitget CEO Gracy Chen posted a 12-hour progress report on the security incident on X, including:1. Affected assets include ETH, XRP (largest single-chain loss), BNB, AVAX, USDT, USDC, and other tokens. Affected chains include: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. All on-chain cold wallets have been confirmed secure and unaffected.2. All foundations of the affected chains have been contacted, and some foundations have confirmed the freezing of the hacker's wallet addresses.3. Based on IP behavioral characteristics and on-chain analysis, the attack methodology is highly consistent with known patterns of North Korean hacker groups. Relevant authorities have been notified, and full cooperation is being provided for a global investigation.4. Bitget Wallet (decentralized wallet) operates completely independently from Bitget exchange infrastructure, and this incident has no impact on it. Bitget Wallet assets are completely safe.5. Transparent disclosure regarding the platform's financial status: In addition to over $464 million in protection funds (all held in publicly verifiable wallet addresses), Bitget's own assets exceed $1 billion. User funds are covered at a 1:1 ratio, and all data can be verified on-chain.6. Regarding withdrawal recovery timing: The goal is to achieve full recovery as soon as possible. Once a specific time window is confirmed, an announcement will be made immediately. No commitment will be made to timelines that cannot be fulfilled.
Privacy stablecoin payment network Payy Network has confirmed that its cross-chain contract on Ethereum was hacked, resulting in the theft of its entire balance. The investigation is ongoing, and all Payy Network transactions have been suspended, including deposits, withdrawals, transfers, and card transactions. Payy has notified law enforcement authorities and is collaborating with multiple incident response organizations. Previously reported, according to monitoring by Specter Investigation, Payy Network was suspected to have been hacked, with approximately 1.8 million USDC transferred out.
Tom Lee, Chairman of Ethereum treasury company Bitmine, said in an interview that this crypto market bull run could be larger than the past few cycles. He believes that crypto-related stocks have already led gains in the third quarter, indicating that the bull market has begun.Lee noted that unlike past cycles driven by ICOs, NFTs, meme coins, and stablecoins, this rally is also being fueled by tokenization, AI, and a more favorable policy environment for the crypto industry. After years of consolidation, he expects the market to see a more decisive breakout, with upside potential that could exceed previous cycles.
Odaily reports: Since August, the Ethereum perpetual contract market on prediction market platform Kalshi has seen nearly 1 million trades of nearly identical amounts, with notional trading volume exceeding $5 billion over the past month. The U.S. Commodity Futures Trading Commission (CFTC) is reviewing the related activity and has not yet decided whether to open an investigation.In the 24 hours up to Wednesday 12:17 UTC, the market recorded 136,474 trades, with a trading value of approximately $584 million. More than 73,200 of those trades were concentrated at roughly $5,426 each, accounting for 54% of the trade count and 68% of the trading value. Open interest stood at $6.6 million, with single-day volume about 88 times the size of open interest.Kalshi said the repeated amounts came from fixed-size orders placed by market makers and involved hundreds of different traders, and were not wash trading. The platform said its system blocks self-trades and that the related transactions are monitored. As of now, regulators have not announced any enforcement action. (Bitcoin.com News)