NEAR Intents suffers $3.8M exploit as team promises full reimbursement

NEAR Intents suffers a $3.8M exploit as Bitcoin holds above $84K, Ripple backed Evernorth nears Nasdaq, and Drift launches DFX.

Editorial Team

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Updated 1:24 p.m. ET

Crypto's security tab keeps growing, and so do the cleanup bills.

Three separate incidents this week tested how protocols handle the aftermath.

Meanwhile, XRP is getting its first pure-play treasury company on Nasdaq.

The throughline: an industry racing to look institutional while patching holes in real time.

NEAR Intents loses $4M after cross-chain smart contract bug

A bug in the Omni deposit system drained $3.8M from NEAR Intents' settlement layer.

The flaw hit the protocol's cross-chain infrastructure, the plumbing that moves assets between blockchains.

The team has pledged full reimbursement, but the exploit adds to a growing list of cross-chain weak points.

Get the full story →

Cooler inflation meets stubborn yields in a tug-of-war quarter

A softer inflation print briefly lifted spirits, but Treasury yields near multidecade highs kept the rally on a leash.

Spot Bitcoin ETFs snapped a nine-day inflow streak with $149M in net outflows, suggesting institutions are taking a breath.

BTC held near $84K, ETH hovered around $2,700, SOL slipped below $118, and XRP eased to $1.48.

Keep reading →

MetaMask confirms no user funds lost in validator security breach

MetaMask disclosed a security incident that hit its Ethereum validator infrastructure this week.

The breach targeted the backend of its staking product, not user wallets.

Staking rewards were briefly at risk, a reminder that passive yield in crypto still carries active threats.

Read the full breakdown →

Ripple-backed Evernorth heads to Nasdaq as largest public XRP treasury company

Evernorth Holdings is set to list on Nasdaq after shareholders approved its merger with a SPAC.

The deal, expected to close Oct. 7, makes it the first pure-play XRP treasury firm on a major exchange.

A public XRP vehicle on Nasdaq could open the door for institutional capital that avoids buying tokens directly.

Read the full breakdown →

Drift launches $300M recovery token for April exploit victims

Drift is distributing DFX, a Solana-based token pegged one-to-one against verified losses from its April incident.

The fixed supply of 300M tokens cannot be expanded, giving holders a capped claim on future compensation.

It is one of the more structured attempts at making DeFi exploit victims whole, and the industry is watching.

Read the full breakdown →

On Our Radar

Much coin, such utility: Dogecoin is shedding its meme coin reputation for actual payment purposes.*

Regulatory squeeze: EU officials are questioning how Binance leveraged its MiCA loophole.

Crypto September surprise: Bitcoin might actually close the month in the black.

*sponsored

ICYMI

200+ Proven Ways to Make Money With AI in 2026

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The window to get ahead is still open. But not for long.

Here are 200+ proven ways to make money with AI in 2026.

Sign up for Superhuman AI, the free daily newsletter read by 1M+ professionals, and get instant access to all 200+ ways to profit from AI this year.

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Meme of the Day

That’s a wrap.

Estéfano

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."

NEAR Intents suffers $3.8M exploit as team promises full reimbursement

NEAR Intents suffers a $3.8M exploit as Bitcoin holds above $84K, Ripple backed Evernorth nears Nasdaq, and Drift launches DFX.

by Editorial Team | Powered by Gloria

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Crypto's security tab keeps growing, and so do the cleanup bills.

Three separate incidents this week tested how protocols handle the aftermath.

Meanwhile, XRP is getting its first pure-play treasury company on Nasdaq.

The throughline: an industry racing to look institutional while patching holes in real time.

NEAR Intents loses $4M after cross-chain smart contract bug

A bug in the Omni deposit system drained $3.8M from NEAR Intents' settlement layer.

The flaw hit the protocol's cross-chain infrastructure, the plumbing that moves assets between blockchains.

The team has pledged full reimbursement, but the exploit adds to a growing list of cross-chain weak points.

Get the full story →

Cooler inflation meets stubborn yields in a tug-of-war quarter

A softer inflation print briefly lifted spirits, but Treasury yields near multidecade highs kept the rally on a leash.

Spot Bitcoin ETFs snapped a nine-day inflow streak with $149M in net outflows, suggesting institutions are taking a breath.

BTC held near $84K, ETH hovered around $2,700, SOL slipped below $118, and XRP eased to $1.48.

Keep reading →

MetaMask confirms no user funds lost in validator security breach

MetaMask disclosed a security incident that hit its Ethereum validator infrastructure this week.

The breach targeted the backend of its staking product, not user wallets.

Staking rewards were briefly at risk, a reminder that passive yield in crypto still carries active threats.

Read the full breakdown →

Ripple-backed Evernorth heads to Nasdaq as largest public XRP treasury company

Evernorth Holdings is set to list on Nasdaq after shareholders approved its merger with a SPAC.

The deal, expected to close Oct. 7, makes it the first pure-play XRP treasury firm on a major exchange.

A public XRP vehicle on Nasdaq could open the door for institutional capital that avoids buying tokens directly.

Read the full breakdown →

Drift launches $300M recovery token for April exploit victims

Drift is distributing DFX, a Solana-based token pegged one-to-one against verified losses from its April incident.

The fixed supply of 300M tokens cannot be expanded, giving holders a capped claim on future compensation.

It is one of the more structured attempts at making DeFi exploit victims whole, and the industry is watching.

Read the full breakdown →

On Our Radar

Much coin, such utility: Dogecoin is shedding its meme coin reputation for actual payment purposes.*

Regulatory squeeze: EU officials are questioning how Binance leveraged its MiCA loophole.

Crypto September surprise: Bitcoin might actually close the month in the black.

*sponsored

ICYMI

200+ Proven Ways to Make Money With AI in 2026

The next wave of millionaires will be people who figured out how to make AI work for them.

The window to get ahead is still open. But not for long.

Here are 200+ proven ways to make money with AI in 2026.

Sign up for Superhuman AI, the free daily newsletter read by 1M+ professionals, and get instant access to all 200+ ways to profit from AI this year.

Claim your free list

Meme of the Day

That’s a wrap.

Estéfano

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."