Today in crypto, NEAR Intents said it has recovered about $3.8 million stolen during a Thursday security breach, Blast announced it is shutting down its Ethereum layer-2 network after operating costs outpaced revenue and US spot Bitcoin ETFs started October with $102.7 million in net inflows.NEAR Intents recovers entire stolen $3.8M after ultimatum to exploiterNEAR Intents said it has recovered about $3.8 million stolen during a Thursday security breach.Cointelegraph reported on Friday that NEAR Intents had identified the individual behind the security breach and given them 48 hours to return the funds under “responsible disclosure.”NEAR Intents general manager Alex Shevchenko announced the complete return of funds later on Friday.“The funds from the $3.8M NEAR Intents hack were sent back in full,” Shevchenko wrote on X. “We are stopping the investigation. Please use bug bounties instead of disrupting the services.”Blast shuts down Ethereum L2 as operating costs exceed revenueBlast is shutting down its Ethereum layer-2 network after concluding that the chain costs more to operate than it generates in revenue.The network said there is no “credible path” to becoming economically sust...
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