Key facts
- NEAR Protocol has launched confidential payments on near.com.
- NEAR Protocol partnered with the Government of Bermuda for AI-powered public services.
- NEAR Intents has processed over $19 billion in all-time volume.
- NEAR Protocol introduced dynamic resharding for scalability.
- Agentic payment activity on Coinbase's Base network surpassed 100 million transactions.
- Wallets interacting with Coinbase's x402 protocol generated over 100 million transactions on Base within nine months.
- Arthur Hayes sold his positions in HYPE token and NEAR Protocol.
- Arthur Hayes cited macro and geopolitical factors for his divestment.
- KuCoin Web3 Wallet integrated HIP-3 to access tradFi perpetual markets.
- KuCoin Web3 Wallet now offers access to both crypto and traditional finance perpetual markets.
NEAR Protocol has announced several significant developments, including the launch of confidential payments on its near.com platform and a partnership with the Government of Bermuda. This collaboration aims to deploy AI-powered public services for Bermuda. The protocol has also seen substantial activity, with NEAR Intents crossing $19 billion in all-time volume. To enhance its capabilities, NEAR Protocol has introduced dynamic resharding, a feature designed to improve scalability.
In parallel, agentic payment activity on Coinbase's Base network has exceeded 100 million transactions. This milestone, achieved within nine months of launch, indicates that machine-to-machine payments are moving beyond initial testing phases in onchain environments, with wallets interacting with Coinbase's x402 protocol being a key driver of this volume.
Arthur Hayes, co-founder of BitMEX, has divested his entire holdings in both HYPE token and NEAR Protocol. Hayes cited five macro and geopolitical factors influencing his decision, including rising energy prices, anticipated AI IPOs, and potential changes in political stances regarding artificial intelligence. He had previously set a $150 price target for HYPE.
Additionally, KuCoin Web3 Wallet has integrated the Hyperliquid Improvement Proposal 3 (HIP-3). This upgrade allows users to access perpetual markets for both cryptocurrencies and traditional finance instruments, aiming to expand trading opportunities within the decentralized finance (DeFi) space.