Near Intents

Zakura developers want each ZEC swap through NEAR Intents to receive its own viewing key, reducing the payment history that could be exposed if future quantum computers break current cryptography. The proposal keeps spending keys with users while using private information retrieval to help wallets find refunds without revealing what they are checking.

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.

NEAR Intents says its monitoring system blocked attempted swaps tied to Bitget’s major exchange breach, freezing funds while allowing a smaller amount to pass through. The intervention has sparked a broader industry debate over what permissionless infrastructure means when stolen assets enter cross-chain liquidity routes.

Bitcoin traded just above $81,000 in Asian hours as optimism around tokenized U.S. stock trading and firmer equity markets supported crypto sentiment. NEAR led major tokens with a roughly 23% jump after heavy ZEC swap activity flowed through its cross-chain service.