Near Protocol

Fireblocks Thwarts SWEAT and HOT Exploits on NEAR, Protecting Millions
Near Protocol

Fireblocks Thwarts SWEAT and HOT Exploits on NEAR, Protecting Millions

Fireblocks detected and mitigated critical zero-day flaws in SWEAT and HOT contracts on NEAR, safeguarding 22M users from potential multi-million dollar losses.

Arthur Hayes Exits HYPE, NEAR as AI IPOs Threaten Liquidity
Near Protocol

Arthur Hayes Exits HYPE, NEAR as AI IPOs Threaten Liquidity

Arthur Hayes sells off HYPE and NEAR holdings, citing macro risks and looming AI IPOs. Tokens drop sharply as markets react.

Altcoins Enter Rotation Phase as NEAR Rallies, SOL Weakens
Near Protocol

Altcoins Enter Rotation Phase as NEAR Rallies, SOL Weakens

Altcoin markets show bifurcated liquidity with NEAR surging 72% while Solana and Ethereum face mild pullbacks amid key ecosystem updates.

NEAR Protocol Implements Inflation Rate Cut Despite Governance Vote Setback
Near Protocol

NEAR Protocol Implements Inflation Rate Cut Despite Governance Vote Setback

NEAR Protocol's latest upgrade halves its token inflation rate to 2.4%, despite a failed community vote, highlighting governance challenges in the blockchain ecosystem.

NEAR Launches Infrastructure Committee with $4 Million in Funding
Near Protocol

NEAR Launches Infrastructure Committee with $4 Million in Funding

The NEAR Foundation has launched the Infrastructure Committee, funding $4 million to strengthen Key Infrastructure, decentralize decision-making, and streamline efforts, with half the budget still available.

NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding
Near Protocol

NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding

NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.

Illia Polosukhin Appointed CEO to Lead NEAR's Open Web Drive
Near Protocol

Illia Polosukhin Appointed CEO to Lead NEAR's Open Web Drive

NEAR Foundation appoints co-founder Illia Polosukhin as CEO, marking a new phase for the NEAR Protocol, focusing on ecosystem growth and process optimization.

WOO Network Announces WOOFi's Shift from Near Protocol to Ethereum EVM
Near Protocol

WOO Network Announces WOOFi's Shift from Near Protocol to Ethereum EVM

WOOFi, a decentralized exchange platform owned by Woo Network, has announced a strategic shift from the NEAR Protocol to Ethereum Virtual Machine (EVM) compatible networks. The move aims to develop a version 2.0 omnichain DEX, integrating centralized finance and decentralized finance sectors. WOOFi Pro will offer a mobile-friendly interface, gasless orderbook trading, and integration with Orderly Network's order books. The platform is set to launch with 10 crypto trading pairs in October.

NEAR Protocol Expands Gaming Ecosystem with Vortex Gaming Partnership, Strengthening Web3 Integration
Near Protocol

NEAR Protocol Expands Gaming Ecosystem with Vortex Gaming Partnership, Strengthening Web3 Integration

NEAR Protocol has expanded its gaming ecosystem by partnering with Vortex Gaming, a Web3 subsidiary of INVEN, Korea's largest game media and community. This collaboration aims to attract more users and companies to the NEAR ecosystem while strengthening the NEAR game ecosystem. INVEN, with a monthly active user count of 7.2 million, brings valuable expertise and content to the partnership.

NEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User Protection
Near Protocol

NEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User Protection

The firm has announced plans to shut down the USN stablecoin to avoid greater risks.

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