Flash News

TREE NEWS update: SMBC Nikko Securities and Nethermind have signed a memorandum of understanding with Uniswap Labs, Base and the Nyx Foundation to build compliance hooks for Uniswap pools, targeting a Japan-focused DeFi gateway to be completed by mid-2027. The MOU covers compliance tooling for the automated market maker’s liquidity pools.

TREE NEWS update: NEAR Intents, the cross-chain intents protocol built on NEAR, was hacked on October 1, with roughly $3.87 million in USDT drained from its vault on BNB Chain. The attacker exploited a logic flaw in the Omni deposit and withdrawal infrastructure rather than the core protocol, and moved the funds to exchanges for bitcoin. NEAR founder Illia said the L1 mainnet and native token were unaffected; the team patched the flaw within an hour, paused deposits and withdrawals on 11 networks for about 12 hours, and pledged 100% reimbursement to affected users. $NEAR fell 6%-8% to around $4.74.

TREE NEWS update: Aave founder Stani Kulechov said the exploit on Aave v3 Loop Safe targeted a third-party external adapter built on top of Aave v3, and that the Aave v3 contracts themselves were not affected. The incident was disclosed on October 2.

TREE NEWS update: An exploiter on the Zano network minted more than a quadrillion fUSD before the team rolled back the blockchain. The unauthorized coins were indistinguishable from legitimate ZANO, leaving the team unable to remove them without reverting the chain. The rollback was carried out to purge the illicit supply.

TREE NEWS update: Kinetiq has terminated its kPoints loyalty program and shifted to a paid claim model, giving points holders 10 days to buy into a 50 million KNTQ token allocation at $0.26 per token. A full subscription would raise roughly $13 million for the project. KNTQ’s market price fell 23% on the change, which replaces points-based accrual with cash payment.

TREE NEWS update: Ethereum’s zkAPI is now live on mainnet, turning an earlier zero-knowledge API payment proposal into a working implementation for private, prepaid access. The launch brings privacy-preserving API payments to production on Ethereum, letting users prepay for access without exposing their activity.

TREE NEWS update: SlowMist reported that Aave v3’s Loop Safe module was exploited on October 2, with the attacker abusing an access-control flaw in FlashLoopAdapter’s open()/close() functions. By forging Safe authentication and executing arbitrary modules, the attacker drained about 114.09 ETH from two Safe multisig addresses and repaid roughly 1,300 WETH in debt to unlock collateral.

TREE NEWS update: Fiserv has launched Roughrider Coin, a bank-only token settled on Solana, with VersaBank as the issuer. Fiserv says the token serves a North Dakota network of more than 90 banks and credit unions, marking a bank-only settlement coin built on a public blockchain.

TREE NEWS update: NEAR Intents’ general manager said the attacker who drained a preliminary $3.8 million from the protocol has been identified and issued a 48-hour window for the funds’ return, posting three addresses for the money. None of the addresses had received the funds as of early Oct. 2.

TREE NEWS update: NEAR Intents general manager Alex Shevchenko said Friday that the protocol has identified the hacker behind a $3.8 million exploit. “We have identified you, sir,” Shevchenko wrote, as the team issued a 48-hour ultimatum to the attacker. The protocol has not disclosed further terms of the demand or how the funds were taken.

TREE NEWS update: Volmex has listed perpetual contracts on its Bitcoin Implied Volatility Index (BVIV) on Hyperliquid. The contracts are based on Deribit and OKX options data and reflect traders’ expectations for Bitcoin’s volatility over the next 30 days rather than spot price direction, with the BVIV recently reading in the mid-30s. Each index point settles at 1 USDC, with isolated margin, up to 5x leverage, an hourly funding rate and an initial open interest cap.

TREE NEWS reports: Hyperliquid held as much resting liquidity as the median of Binance, Bybit and OKX on four of five crypto assets and cost less to trade. The remaining execution gap sits in how venues price stocks and commodities when the underlying market is closed.

TREE NEWS update: Ethereum Improvement Proposal 8363, which would have burned staking rewards, has been withdrawn from the Hegota upgrade, co-author Jérôme de Tychey said. De Tychey said industry participants and core contributors convinced him that a scoping process was the wrong venue for an issuance change.

TREE NEWS update: Drift has opened claims for DFX, with a recovery pool covering roughly 1% of losses. Redeeming burns the tokens and ends holders’ claim on future deposits. Holders can instead wait for revenue-funded recovery or sell their DFX.

TREE NEWS update: NEAR co-founder Illia Polosukhin said NEAR Intents and near.com have been restored after a roughly $3.8 million attack, though a few affected networks remain restricted. The exploit stemmed from a vulnerability in the interaction between Omni deposit and withdrawal infrastructure and NEAR Intents smart contracts, with losses confined to USDT on BSC. NEAR’s core protocol, the NEAR token and other applications were unaffected, and affected users will be fully compensated.

TREE NEWS update: NEAR Intents has suffered a $3.8 million exploit stemming from a bug affecting deposits and withdrawals, the platform said, following its assistance with the Bitget breach. NEAR Intents said it will compensate users affected by the hack.

TREE NEWS update: Near Intents halted its cross-chain swaps after a bug allowed an attacker to drain about $3.8 million, the project said days after it denied claims that a North Korea-linked hacker tied to Bitget was involved. The company said it will repay every affected user. No further details on the exploit or a timeline for repaying users were disclosed.

TREE NEWS reports: Crypto futures liquidations across exchanges totaled $164 million over the past 24 hours, with long positions accounting for $107 million and shorts $57.4 million, CoinGlass data show. Bitcoin liquidations reached $23.94 million and Ether $21.34 million. The largest single liquidation order was a $3.14 million HYPERLIQUID-ZEC-USD position.

TREE NEWS reports: The attacker behind the NEAR Intents security breach has transferred about $3.865 million in stolen funds to KuCoin and swapped them cross-chain into BTC, PeckShield monitoring shows. PeckShield said the attack address has been identified and a related address is flagged as suspected of ties to North Korea’s Lazarus Group. NEAR Intents previously disclosed preliminary losses of about $3.8 million, which it will fully reimburse.