News linked to both this project and an event.
according to Lookonchain monitoring, a trader with a 100% win rate (0xe813) went long 26,974 ETH after the market decline, with a position value of $63.88 million and current unrealized profit of $842,000. This trader previously made $3.3 million in profit through NEAR trading.
Odaily reports: Bankless founder David Hoffman reposted Lighter's regulatory update on X and wrote: "Lighter season back on btw."During Lighter's Q3 investor call held last night via webcast, David Hoffman, speaking as an investor, asked: "Given that Lighter has already had extensive prior communication with the CFTC (U.S. Commodity Futures Trading Commission), do you expect the approval of the DCM (Designated Contract Market) and DCO (Derivatives Clearing Organization) licenses to come earlier than the CFTC's stipulated 180-day review period?"Lighter founder and CEO Vladimir Novakovski responded: "We believe that the extensive prior communication will make the whole process much smoother... The CFTC currently has a lot on its plate, so we can't give an exact timeline yet... However, the CFTC is a fast-moving team internally, so we expect the overall approval process to go relatively smoothly."Previously, David Hoffman reportedly sold all his ETH and rotated into tokens such as LIT, ZEC, and NEAR, with the rotated tokens subsequently significantly outperforming ETH.
Odaily News: NEAR Protocol has announced support for users to earn SOL yield through confidential accounts. After users deposit funds into the vault, the vault cannot know their address, and there is no lock-up requirement, allowing redemption or withdrawal at any time. The related vault was deployed by Gauntlet on Kamino.
Odaily News: According to on-chain analyst Yu Jin's monitoring, a whale opened max-leverage long positions on BTC and ETH worth $187 million 4 hours ago. The BTC long position is 1,822 coins, valued at $150 million, with an entry price of $82,409 and a liquidation price of $80,634; the ETH long position is 15,270 coins, valued at $37.33 million, with an entry price of $2,455 and a liquidation price of $2,406. The whale's most successful previous trade yielded a profit of $14.8 million: going long on NEAR at $2.14 in late August and taking profit at $4.88 in late September.
According to Cointelegraph, Ethereum researcher Justin Drake warned that the rapid advancement of AI could accelerate mathematical attacks against the Elliptic Curve Digital Signature Algorithm (ECDSA), potentially breaking existing cryptographic systems within months under the worst-case scenario, and called on the industry to initiate "bunker mode"—transferring assets to new addresses with previously unexposed public keys to mitigate risk. Several industry insiders, however, expressed reservations. Coinbase Chief Cryptographer Yehuda Lindell stated there is currently "no evidence" that the mathematical assumptions underpinning ECDSA have been weakened; Trezor Bitcoin analyst Lucien Bourdon similarly noted that migrating assets could backfire and inadvertently create opportunities for scams. MetaMask founder Taylor Monahan was even more direct, asserting that if elliptic curve cryptography were truly compromised, "the entire world would go to zero," rendering bunker mode ineffective. Meanwhile, Ethereum has laid out a post-quantum roadmap based on hash-based signatures and ZK proofs, while public blockchains such as Solana and NEAR are also exploring their own quantum-safe alternatives, though concrete deployment timelines remain unset.
According to Lookonchain monitoring, as the market declined, a certain address's 500,000 NEAR long position was completely liquidated, with the position valued at $2.64 million.
Odaily News: According to on-chain analyst Yu Jin's monitoring, NEAR has risen over 145% within a month. The largest NEAR long position held by trader @mk4_lul (0x773...5Bf66) on Hyperliquid currently has unrealized profits exceeding $20 million. The trader opened a long position of 5.76 million NEAR at an average price of $2.35 in September, and NEAR is currently priced at $5.85.
According to Cointelegraph, Alex Shevchenko, General Manager of NEAR Intents, stated that the team has identified the hackers behind the previous security incident and given them a 48-hour deadline to return the stolen funds through a "responsible disclosure." NEAR Intents previously suspended its services due to a vulnerability in the interaction between the Omni deposit and withdrawal infrastructure and its smart contracts. Initial investigations revealed that approximately $3.8 million in user funds were stolen in the incident, and the team has committed to fully compensating affected users. On-chain detective ZachXBT stated that the stolen funds were subsequently transferred to KuCoin and cross-chain converted into Bitcoin.
Odaily News: NEAR Intents has stated that it has identified the attacker responsible for the loss of user funds and has demanded the return of $3.8 million within 48 hours through a "responsible disclosure" mechanism, after which the window will be closed.NEAR Intents suspended services on Thursday after discovering a vulnerability in the interaction between the Omni deposit and withdrawal infrastructure and its smart contracts. A preliminary investigation showed that the attack resulted in the theft of $3.8 million in user funds, and the platform has committed to fully compensating affected users.On-chain investigator ZachXBT disclosed that the related funds were transferred to the KuCoin exchange and subsequently bridged to Bitcoin. (Cointelegraph)
the Bitwise CEO posted on X platform that investors bought in today as NEAR pulled back. Bitwise NEAR ETF NRR recorded approximately $9 million in net inflows on the third day.
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)
according to Onchain Lens monitoring, MK4 (0x773...bf66) holds a 5.84 million NEAR long position, with a position value of $29.21 million and an unrealized profit of $15.47 million. Bitwise's NEAR spot ETF has begun trading on the New York Stock Exchange. Its total unrealized PnL is a profit of $13.55 million, with a historical cumulative profit of $56.54 million.
Odaily News — According to monitoring by Ai Yi, trader mk4 (@mk4_lul, 0x773...bf66) holds the largest NEAR position on Hyperliquid, accounting for 7.68% of open interest. The trader holds a 10x long position of 5.838 million NEAR, valued at $31.28 million, with an average entry price of $2.35 and a current price of $5.36, resulting in an unrealized profit of $17.55 million. This position is currently their only long position; NEAR has risen 187% this month, and mk4 opened the position in early September, with gains of nearly 128% so far.
Odaily News: According to Onchain Lens monitoring, Hyperliquid trader @mk4_lul currently holds approximately $43.63 million in open positions, with an unrealized PnL of +$12.95 million. Their cumulative PnL has reached approximately $57.04 million (spot and perpetual contracts). Among these, their largest position is a NEAR long, holding approximately 5.84 million NEAR tokens valued at about $28.48 million, with an average entry price of $2.35, and current unrealized PnL of approximately $14.74 million.
A Hyperliquid address MK4, suspected to belong to X account @mk4_lul, currently holds a NEAR long position worth approximately $29.7 million, with an entry price of around $2.35 and 10x leverage.
According to on-chain analyst Ai Yi, Bankless co-founder David Hoffman cleared his ETH position in May and accumulated VVV, NEAR, ZEC, HYPE, and LIT in June. To date, the gains on all the aforementioned tokens he holds have outperformed ETH over the same period, with LIT rising approximately 293%, while NEAR, ZEC, and HYPE have gained roughly 223%, 173%, and 106%, respectively. Hoffman recently reiterated his bullish outlook on the future trajectory of ZEC and NEAR.
Odaily News: Bankless co-founder David Hoffman posted on X, stating, "We are now in altcoin season, and the real market moment is coming sooner than expected." It is reported that David Hoffman announced the liquidation of his ETH holdings on May 21, and subsequently bought VVV, NEAR, ZEC, HYPE, and LIT, all of which have significantly outperformed ETH.
Odaily News DeFi researcher Ignas posted on X: "After David Hoffman (Bankless founder) sold his ETH, he reallocated his portfolio into some of the best-performing tokens, such as LIT and ZEC. NEAR also performed well, and only VVV underperformed the broader market. Although the market was full of fear, uncertainty, and doubt (FUD) at the time, and it was also very close to the ETH bottom, the goal of aggressive crypto investors has always been to outperform BTC and ETH. Well done, David."Previously reported, Bankless co-founder David Hoffman announced in June this year that he had sold all his ETH and bought VVV, NEAR, ZEC, HYPE, and LIT.
According to on-chain analyst Specter, B² Network on BNB Chain suffered a hack, resulting in a loss of approximately 8.591 million B2 tokens (approximately $3.86 million). The attacker swapped them for 5409 WBNB (approximately $3.11 million) and bridged to Ethereum, and is currently transferring the funds to Zcash via NEAR Intents.
Odaily News, June 9th — BitMEX co-founder Arthur Hayes stated in his latest article "Reality Test" that if oil prices continue to rise due to the US-Iran conflict, it could trigger a collapse of the AI stock bubble and drag the entire crypto market down.Hayes said that if traffic restrictions in the Strait of Hormuz persist deep into the second quarter, spot prices for hydrocarbons and other key commodities could rise in the third quarter. If oil prices continue to climb and inflationary pressures impact the US midterm elections, Trump might pivot to a tough stance targeting data center construction, AI regulation, and taxation. Hayes believes the market could anticipate Trump limiting AI capital expenditure and taxing AI companies, thereby triggering the burst of the AI stock bubble.Hayes also noted that since November 2022, the scale of AI-related debt issuance has been approximately $1.5 trillion, and US M2 has increased by roughly the same amount during the same period. He believes the three factors that could pop the AI bubble include rising energy costs, the market's inability to absorb three major AI-related IPOs — namely SpaceX, Anthropic, and OpenAI — and Trump's shift to opposing AI. In terms of portfolio, Hayes stated that Maelstrom's stock portfolio holds significant positions in US-listed energy producers; he has sold AI-related stocks and offloaded non-core crypto assets, having dumped HYPE, NEAR, and WLD last week, as well as selling ZEC due to the Orchard Pool vulnerability. He still holds Bitcoin and ETH and will execute tactical short trades via derivatives.