Polygon

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.

Polymarket has appointed veteran finance executive Warren Jenson as its first chief financial officer. The move comes as the prediction market operator works to scale its CFTC regulated U.S. exchange and broaden its global trading platform.

Unstoppable Domains and several brand partners have abandoned plans to seek standard internet recognition for a group of web3 domain extensions, including .crypto, .wallet, .bitcoin and .brave. The decision reflects cost concerns, refund obligations and a reassessment of mainstream demand for web3-only names.

Miden plans to introduce USDCx, a native stablecoin backed 1:1 by USDC held through Circle’s xReserve infrastructure. The token is designed to keep balances, counterparties and transaction histories private by default while supporting selective disclosure for compliance.

Polymarket says a compromised third-party vendor injected a malicious script into its frontend, contributing to a phishing attack that drained PUSD from 11 wallets. The incident adds pressure on the prediction market platform amid recent security issues and a reported federal probe.

Polymarket’s latest security incident has been revised to $3.1 million after hackers drained PUSD from 11 user wallets and bridged the funds from Polygon to Ethereum. The platform says a compromised third-party vendor injected malicious code into its frontend and that affected users will receive full refunds.