1. NEAR Intents Suffers $3.8 Million Hack Loss
NEAR Intents announced that it suffered losses of approximately $3.8 million due to a flaw between its smart contract and Omni deposit/withdrawal infrastructure. NEAR Intents stated that it intends to fully compensate for the loss and explained that the contract vulnerability has already been patched. NEAR Intents and the near.com service are expected to resume within approximately one hour of the announcement, while deposits and withdrawals on some networks such as BSC and Polygon will remain suspended until the Omni infrastructure fix is completed. Additionally, the incident has been reported to law enforcement agencies, and efforts are underway to track and recover the funds. A post-incident report is planned to be released within a few days.
2. US SEC Proposes Amendments to Virtual Asset Custody Regulations
The U.S. Securities and Exchange Commission (SEC) proposed regulatory amendments on October 1 to streamline how registered investment advisers and regulated funds hold virtual assets. The amendments allow investment advisers and others to hold virtual assets directly under certain conditions and to use state-licensed trust companies as custodians, while also adjusting record-keeping and disclosure requirements. This announcement is at the proposal stage, not a final regulation, and the SEC will accept public comments for 60 days from the date of publication in the Federal Register.
3. Coinbase International Completes Migration to Deribit
Coinbase International Exchange officially announced via its status page that it has completed the trading migration to Deribit. The completion notice was posted at 10:02 UTC on October 1, which is 19:02 KST. Coinbase explained that with this migration, it will operate Deribit as its single global derivatives trading platform. Coinbase International will be maintained for inquiry purposes only, and trading will take place on Deribit.
4. Circle Supports USDC and Wallet Features in Meta AI Agent Muse
Stablecoin issuer Circle announced that it supports USD Coin (USDC) and agent wallet features on the Muse platform. With this update, users can make payments and manage assets using USDC within the Muse platform. Additionally, the introduction of the agent wallet feature provides an automated trading environment.
5. Ethereum Foundation Reveals 'zkAPI' on Mainnet
The Ethereum Foundation has revealed 'zkAPI', which allows users to pay API fees without exposing their identity, and it is currently operating on the Ethereum mainnet. zkAPI works by having users deposit credits into an Ethereum Vault contract once, after which they authenticate usage via Zero-Knowledge (ZK) proofs instead of their identity to make payments. This allows API providers to verify request details and payment layer usage without being able to identify specific users. The goal is to enable the use of various API services, including AI, while preserving privacy.
