Kucoin

NEAR Intents suffered a security exploit that caused about $3.8 million in losses and led the cross-chain trading platform to pause services across several networks. The project said the vulnerability has been patched and affected funds will be reimbursed in full.

U.S. federal prosecutors have charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws, alleging that the exchange operated within the U.S. while failing to implement necessary compliance measures.