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SVRN Acquires NEAR Infrastructure Platform FastNEAR

Odaily News: NEAR treasury company SVRN has announced the acquisition of NEAR infrastructure platform FastNEAR. FastNEAR will be incorporated into SVRN as a wholly-owned subsidiary, and its co-founders Evgeny (Eugene) Kuzyakov and Mike Purvis will also join the SVRN team. FastNEAR is a high-performance RPC infrastructure provider for NEAR applications, supporting the majority of NEAR's data layer, including server clusters that handle network read and write operations, archival infrastructure that stores complete transaction history records, and NEARDATA, a data source for developers to process historical records.

NEAR Protocol Announces Support for Post-Quantum Signature Schemes, No Asset Migration Required

NEAR Protocol announced that NEAR accounts now support the post-quantum ML-DSA signature scheme, enabling users to complete key upgrades without any asset migration. Meanwhile, the NEAR One team is advancing the NEP-655 proposal, which derives implicit accounts via an initial state hash, storing assets behind the hash so that no public keys or key hashes are exposed on-chain. It is currently live on the testnet and expected to launch on the mainnet within weeks. Additionally, the team is designing NEAR Intents Wallet Contracts that support custom signature extensions (including ML-DSA and hash-based schemes), and developing a NEAR-based Q-day recovery registry for external chains that have not yet deployed PQ keys, allowing users to submit recovery keys in a rotatable hash format. NEAR noted that its quantum-safe design philosophy was integrated into its architecture planning as early as 2018.

NEAR accounts can gain quantum-resistant capability through an upgrade, with no need to migrate assets

Illia Polosukhin posted on X platform that NEAR accounts can gain quantum-resistant capability through a key upgrade, and users do not need to migrate assets.

Demand for Centralized Exchanges Is Decreasing; NEAR Will Expand near.com's Fiat and Tokenized Stock Features

Illia Polosukhin stated that as on-chain tools expand, users no longer need centralized exchanges for many crypto activities. near.com integrates cross-chain spot trading, tokenized stocks, yield products, and perpetual contracts into a single interface, and plans to add more fiat-related features, including bank withdrawals, tax transaction records, and selective disclosure for confidential transactions. NEAR has partnered with Monerium to support users in converting between euros in bank accounts and EURe via IBAN, with the ultimate goal of enabling NEAR Intents to support "any asset to any asset" swaps. After integrating Ondo Finance in September, near.com already offers tokenized stocks and plans to add stocks from more global markets; NEAR's Agent Market allows users to describe their needs in natural language, with the platform finding agents capable of executing the task, and funds will be released after the task is completed and verified.

NEAR co-founders share ecosystem application development directions and distribution strategies, covering AI, cross-chain payments, private transactions, and other focus areas.

NEAR co-founder Illia Polosukhin posted that the recent increase in developer activity and further reduction in development barriers within the ecosystem center on what applications to build and how to establish distribution channels. In response, he proposed a series of potential building directions, including AI virtual pets combining NEAR AI’s on-chain verifiable inference with non-fungible tokens (NFTs); a universal checkout component supporting cross-chain intent payments; a decentralized encyclopedia integrating prediction markets with AI-generated content; a privacy-oriented OTC market based on NEAR Intents, alongside liquidation-resistant lending and perpetual contract management; a cross-chain event registration escrow tool backed by staking deposits; a privacy-preserving code review agent; a corporate cap table management tool; Delta-neutral strategy management; private copy trading utilizing view keys; an end-to-end encrypted medical auxiliary diagnostic system; a privacy-focused voice transcription desktop application; and AI benchmarking based on private test sets, among others.

NEAR Co-Founder: NEAR Intents and near.com Restored; Attack Impact Limited to USDT on BSC

Illia Polosukhin stated that the attack involving approximately $3.8 million only affected USDT on BSC. NEAR Intents and near.com are now back online, and affected users will receive full compensation.

Bitget Suffers $387.5 Million Exploit, NEAR Intents Freezes $503,000 in Stolen Funds

Odaily News: According to monitoring by Bitget CEO, Bitget was hacked on September 24, with approximately $387.5 million in funds stolen, a large portion of which was transferred across chains and primarily consolidated on Ethereum. A report released by NEAR Intents shows that its risk intelligence layer SHIELD detected over $50 million in suspected money laundering transfer attempts; of this, $166,000 in funds went through, while $503,000 was frozen during execution. The frozen funds remain restricted pending subsequent legal and recovery proceedings.

REX Shares and Osprey Update Staking SEI ETF Filing, Targeting October 23 Effective Date

Odaily News: Sei posted on X platform that REX Shares and Osprey Funds have updated their staking SEI ETF application filing with the U.S. Securities and Exchange Commission (SEC), setting October 23 as the effective date. The ETF is intended to provide spot SEI exposure with staking yield support. Previously, REX Shares and Osprey Funds also filed similar ETF applications for assets including NEAR, HYPE, SUI, and AVAX.

NEAR Launches Private Limit Order Feature, Supporting Cross-Chain Assets

NEAR Protocol announced on X that the NEAR platform has launched a private limit order feature, supporting assets from any blockchain. Users can set a target price, and the order will automatically execute when the market price reaches the target. Orders will not be publicly displayed while awaiting execution.

Spot market now live: NEAR opens for trading on Hyperliquid

Odaily report: NEAR has been listed on the Hyperliquid spot market, allowing users to trade the NEAR/USDC trading pair. According to the Hyperliquid process, it will take several more days for NEAR to appear in the Strict List on the platform interface.

Total Value Locked Exceeds $1 Billion as Ondo Stocks Launches on NEAR Mainnet and Integrates with NEAR Intents

Ondo Finance has announced its tokenized securities platform, Ondo Stocks, has launched on the NEAR mainnet and integrated with NEAR Intents. The initial rollout supports 20 tokenized U.S. stocks, ETFs, and commodity-related products, including shares of Tesla, Nvidia, Apple, as well as QQQ, gold, and silver ETFs. Eligible users can access these assets through the NEAR mainnet and distribute them to wallets and applications on connected networks via NEAR Intents. The NEAR mainnet supports access to over 30 blockchains. Ondo stated that its tokenized securities platform has surpassed $1 billion in total value locked, with cumulative trading volume exceeding $26 billion.

Polygon Founder: 100 Million POL to Be Permanently Burned Soon, Polygon Revenue Outperforms Near and Arbitrum

Odaily reports: Polygon founder Sandeep posted on X that Polygon is preparing to permanently burn 100 million POL tokens. The relevant contract is currently on testnet and will go live on mainnet after final sign-off by the Polygon Council. Once live, anyone can trigger the initial burn, after which community members can execute a burn once per quarter.Sandeep added that Polygon's year-to-date revenue is approximately $24.5 million, higher than Arbitrum's $8.41 million and NEAR's $5.6 million. POL's supply has been in a deflationary state since January 2026, and the network's TPS has increased 10x to 5,000.

NEAR perpetual contract trading enables privacy protection by default

NEAR Protocol posted on X stating that perpetual contract trading now has privacy protection enabled by default. Users can open positions directly with their existing accounts, and others cannot identify position ownership; this feature is powered by Hyperliquid.

Bankless Co-founder: NEAR can be viewed as a generalized extension of ZEC's privacy capabilities.

Bankless co-founder David Hoffman stated that ZEC primarily protects fund privacy through shielded transactions, while NEAR's privacy capabilities can extend to broader business activities. He views NEAR as a generalized version of ZEC's privacy concept.

Banks and Regulators from Multiple Countries Join Quantum-Resistant Crypto Transfer Pilot

Odaily News: Fintech institution Responsible Fintech Institute (RFI) and crypto asset custody infrastructure provider Safeheron have announced the launch of a pilot for quantum-resistant digital asset wallets and on-chain transfers, with participants from Europe, the Middle East, and Asia. The pilot runs on the quantum-resistant NEAR testnet and utilizes a multi-party computation protocol supporting the ML-DSA-65 standard.Participating regulators include Abu Dhabi Global Market, Bhutan's Gelephu Financial Services Office, and Malta's Financial Services Authority, with Bison Bank and DK Bank participating as financial institutions. Banks will test wallet generation and transfers in a shared application environment, with regulators observing in the initial phase and later participating in governance workflows.The organizers plan to publish a whitepaper covering research, protocol design, and test results, and will gradually open-source the underlying technology. The Hong Kong Monetary Authority plans to fully prepare Hong Kong's banking sector for quantum security risks by 2030, while a 2025 report from the Bank for International Settlements recommends that financial institutions migrate to quantum-resistant systems in phases. (Cointelegraph)

Grayscale withdraws three ETF registration applications for ADA, HBAR, and DOT in succession, without disclosing specific reasons

Odaily News – Grayscale withdrew three ETF registration applications for Cardano (ADA), Hedera (HBAR), and Polkadot (DOT) in succession on August 7, with the three withdrawal filings submitted approximately 190 seconds apart.All three withdrawal filings indicate that Grayscale no longer plans to proceed with the issuance of shares for the related ETFs. The filings also note that the registration statements had not yet taken effect, no securities were issued or sold, and no preliminary prospectus was published. These withdrawals do not represent rejections by the SEC of the related ETF applications, and the filings do not disclose the reasons behind them.As of August 8, Grayscale's altcoin ETF applications for Bittensor, Aave, BNB, NEAR, and Zcash remain in the preliminary stage. Previously, Grayscale's Avalanche Staking ETF and Hyperliquid Staking ETF registration statements took effect in March and June of this year, respectively. However, the effectiveness of a registration statement does not mean the product has begun trading. (cryptoslate)

NEAR Co-founder Proposes Establishing Protocol Sovereign Fund, Plans to Support Ecosystem Public Goods with Protocol Revenue

NEAR co-founder Illia Polosukhin submitted a proposal to "Establish a Protocol Sovereign Fund" in the community, suggesting that current and future protocol reserves, historical protocol revenue, and future protocol revenue be included in the fund reserves, and that fund returns be used to fund ecosystem public goods. The proposal is currently still in the community discussion phase.

Bitwise Releases Q3 2026 Staking Report: Activity on Various Mainnets Rises but Revenue Generally Declines, Institutional Entry Becomes Core Theme

, According to the "2026 Q3 Staking Report" released by Bitwise, 2026 Q2 presented a divergent pattern of "rising on-chain activity, declining fee revenue," with the core driving factor being protocols actively reducing block space costs. In terms of core data for each chain, Ethereum's active staked amount hit a record high of 40.2 million ETH (accounting for 33% of total supply), network revenue decreased 51% year-over-year to $64 million, but rebounded quarter-over-quarter when denominated in ETH; Solana Q2 Real Economic Value (REV) dropped to $51 million, significantly shrunk compared to the peak of $812 million in 2025 Q1, but non-voting transaction volume reached 9.8 billion, and on-chain activity remained resilient; Hyperliquid Q2 protocol total revenue was $174.8 million, perpetual contract trading volume reached $652 billion, and the proportion of non-crypto assets (commodities, stock indices, etc.) rose to 32%; Avalanche C-Chain transaction volume increased approximately fourfold year-over-year to 236 million, but network revenue, due to a significant decrease in fees, remained only $330,000; NEAR, due to the collapse of Kai-Ching application activity, Q2 on-chain transaction volume plummeted 75% to 77.7 million, but Intents execution layer generated fees approximately 68 times that of the base chain. In terms of institutional adoption, BlackRock launched Ethereum Staking ETF (ETHB), Coin

Interactive Brokers, managing $930.3 billion in client assets, supports two-way stablecoin deposits and reduces crypto trading fees

Interactive Brokers announced on Tuesday an expansion of its digital asset business, adding trading tokens such as Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, Pax Gold, and Uniswap, and supporting 24/7 stablecoin wallet transfers via USDC, PYUSD, and RLUSD. As of mid-2026, Interactive Brokers manages approximately $930.3 billion in client assets. Crypto trading commissions start at 0.12% to 0.18% of the total transaction amount, with a minimum of $1.75 per order, and no additional spreads, markups, or custody fees are charged. The company stated that two-way stablecoin deposits are not available for UK and Irish accounts, and clients of the Irish affiliate company will not have access to the newly listed crypto assets. (Bitcoin.com News).

On-chain Sleuth Specter: Arthur Hayes Repeatedly Promotes Tokens, Then Sells or Deposits Them to Exchanges

according to on-chain sleuth Specter's monitoring, Arthur Hayes once promoted what he called the "Holy Trinity"—HYPE, ZEC, and NEAR—predicting that HYPE would reach $150. He also published a Substack article promoting HYPE. A few days later, Arthur Hayes sold all three tokens.Subsequently, Arthur promoted WLD, posting "This shitcoin is going to moon." Three days later, Arthur Hayes announced "I'm out."After that, Arthur promoted CARDS with a target price of $4. One day later, a linked wallet deposited 1.9 million CARDS into an exchange.In 2024, Arthur promoted ENA and, approximately one hour later, deposited ENA worth $8.4 million into a CEX.