Odaily News — Cross-chain swap protocol NEAR Intents has released a post-mortem report on a vulnerability incident, disclosing that a prior incident involving the extraction of $3.8 million in assets stemmed from a flaw in the deposit notification function. The attacker created a smart contract designed to deliberately cause notification failures, allowing deposited tokens to be returned while the protocol's internal ledger still recorded the corresponding balances.

The report shows that the attacker accumulated $3.8 million in fake balances with no actual asset backing through 23 failed deposit transactions, and withdrew real tokens between September 29 and October 1, transferring them to other blockchains via Omni infrastructure. NEAR Intents General Manager Alex Shevchenko emphasized that the vulnerability existed in the NEAR Intents contract, not in the Omni infrastructure.

NEAR Intents stated that the attacker returned all funds within 36 hours after the vulnerability was discovered, and all affected users have been fully compensated. The team has improved its balance monitoring mechanisms and completely removed the vulnerable function on October 7. Additionally, another security researcher who discovered a related critical vulnerability received a $300,000 reward.

Odaily reports that Coinbase posted on X platform that transfer protection settings can add an extra layer of security for sends and withdrawals. Users can enable this setting to protect their accounts.

Odaily reports that according to Gate data, Brent crude oil (XBRUSD) has risen above $110/barrel, currently trading at $110.06/barrel, with a 24-hour gain of 1.4%.

According to Odaily monitoring, a certain address's contract account has accumulated profits exceeding $27 million. From 22:18 on October 16, 2026 to 00:12 on October 17, the address closed approximately $8.08 million worth of XYZ100 short positions and opened approximately $2.09 million worth of short positions, with a net reduction of approximately $6.08 million. The closing profit was approximately $60,000, and it currently still holds approximately $21.86 million worth of XYZ100 short positions.

Address: 0xfc667adba8d4837586078f4fdcdc29804337ca06

According to Odaily monitoring, the contract account has accumulated profits of approximately $27.41 million (cumulative basis). Between 22:18 on October 16, 2026, and 00:10 on October 17, this address executed a reversal trade on SP500, closing approximately $1.22 million in short positions and opening approximately $4.78 million in long positions, with an additional approximately $880,000 in long positions closed and approximately $40,000 in short positions opened; as of 00:13 on October 17, the position had shifted from approximately $1.19 million in short positions to approximately $3.87 million in long positions, with a loss of approximately $3,474 on this closing.

Address: 0xfc667adba8d4837586078f4fdcdc29804337ca06

According to Odaily, at 20:37:31 Beijing time today, Bitcoin completed its latest mining difficulty adjustment at block height 971712, with difficulty increased by 5.92% to 140.58T. The previous adjustment was a slight decrease of 0.03% to 132.72T.

Odaily News: Former Mt. Gox CEO Mark Karpelès stated that hardware wallet manufacturer Ledger received warnings about possible tampering with its hardware wallets as early as December 2025, but did not take sufficient measures to alert customers before the recent security incident occurred.

Karpelès believes that Ledger should have disclosed the relevant risks to users earlier and strengthened security warnings. Currently, the above claims are Karpelès's personal allegations, and it cannot yet be confirmed on this basis that Ledger devices have a large-scale security vulnerability. (Cointelegraph)

Odaily report: According to MSX.COM data, Strategy (MSTR) extended its decline to 6.46%, now trading at $141.5.

On the news front, MSCI plans to screen out companies whose asset structures are closer to investment funds rather than traditional operating businesses, based on the proportion of operating assets and various financial indicators. As Strategy holds a large amount of Bitcoin, it has been listed as a potential candidate for index removal, with the final affected list expected to be announced on November 11.

The market is concerned that if Strategy is removed from MSCI-related indices, passive funds tracking the indices may be forced to reduce their MSTR holdings, with potential selling pressure reaching billions of dollars, which could impact the company's strategy of continuously accumulating Bitcoin through equity financing.

Odaily News: A US court has officially approved the three-party settlement among Movement Labs, its original founders, and the foundation, further resolving historical legal disputes.

Odaily reports that Barclays expects the Federal Reserve to raise interest rates by 25 basis points each in December and January next year, compared with its previous forecast of a rate hike in December this year.

Odaily reports: US Commodity Futures Trading Commission (CFTC) Chair Mike Selig posted on X, reaffirming that the CFTC has exclusive jurisdiction over prediction markets, because fraud and market manipulation are not confined by state borders.

Selig stated that prediction market exchanges are interstate businesses that match buy and sell quotes from customers across the United States. The US Congress has authorized the CFTC to implement uniform regulatory standards to monitor and combat fraud and market manipulation, and to provide protection for customer funds in interstate transactions.

Odaily reports that decentralized perpetual contract trading platform Lighter has announced that its EVM devnet is now live. The network was built in collaboration with Axiom and is an OpenVM-based EVM-equivalent Rollup that runs in parallel with Lighter Core. The two parties plan to jointly settle to Ethereum via a single zero-knowledge proof (ZK Proof).

Developers can use tools such as Foundry, Hardhat, Viem, and Ethers to deploy smart contracts, read account, balance, position, order, and market data on Lighter Core, and directly create, modify, and cancel orders through smart contracts. In addition, the network supports transferring assets between the devnet L1, Lighter Core, and Lighter EVM.

Currently, development teams can apply for access via email. Lighter will grant access in batches and plans to open it to all developers in the coming weeks.

Odaily News: Bitcoin Treasuries posted on X that Wall Street giant Cantor Fitzgerald has raised its price target for Bitcoin treasury company Strategy MSTR from $186 to $208, citing an upward revision to its Bitcoin forecast. The target price implies 45% upside.

According to Odaily monitoring, a certain address's contract account has incurred a cumulative loss of approximately $26.24 million. Between 22:16 and 22:52 on October 16, 2026, its net BTC position shifted from approximately $3.018 million short to approximately $558,000 long. During this period, it closed approximately $3.427 million in short positions and approximately $16,000 in long positions, while opening approximately $574,000 in long positions and approximately $406,000 in short positions. The loss from this closing was approximately $7,359.

Address: 0x7b7f72a28fe109fa703eeed7984f2a8a68fedee2

According to Odaily monitoring, a contract account of a certain address has accumulated profits exceeding $25 million. Between 21:22 and 22:17 on October 16, 2026, it added approximately $11.02 million in XYZ100 short positions while closing approximately $896,000 in short positions. As of 22:18, its XYZ100 short position value increased to approximately $28.13 million, a net increase of approximately $10.11 million from the previous approximately $18.12 million.

Address: 0xfc667adba8d4837586078f4fdcdc29804337ca06

Odaily: Bitcoin News posted on X that France is considering a 31.4% capital gains tax on certain Bitcoin-to-stablecoin conversions, an exit tax on crypto assets worth more than €800,000, and mandatory reporting of self-custodied wallet assets valued at no less than €100,000. The related proposals also include allowing crypto asset losses to be carried forward for 10 years, but none have yet become law; the French National Assembly has rejected the revenue portion of the 2027 budget, and the relevant measures still need to be resubmitted for deliberation.