NEAR Protocol introduces Confidential Intents, enabling developers to integrate confidential execution capabilities.
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NEAR jumps nearly 80% in a week as Intents volume nears $30B
Near expanded privacy features for traders as NEAR Intents recorded $29.3 billion in cumulative volume, including swaps involving Zcash.
Polymarket launches Bitcoin Lightning Network instant deposits and integrates the Spark protocol.
BlockBeats reported on July 8th that prediction market platform Polymarket announced support for instant, self-custodied deposits via the Bitcoin Lightning Network, powered by the Spark protocol. Compared to the previous on-chain deposit method, which required 3 to 6 block confirmations and took approximately 10 to 60 minutes, the new solution achieves near-instantaneous deposits, lowering the deposit threshold and transaction costs. According to reports, Spark performs checks for double-spending risk, fees, and Replace-by-Fee (RBF) during transaction broadcasting, achieving "zero-confirmation" deposits. It also supports on-chain, Lightning Network, and stablecoin payment channels, eliminating the need for the platform to operate its own Lightning Network nodes. Polymarket stated that this move will further improve the efficiency of Bitcoin users' fund utilization and enhance its competitiveness against rival Kalshi.
NEAR Protocol's dynamic sharding feature is now live on the testnet, automatically splitting shards without manual intervention.
According to Foresight News , NEAR Protocol tweeted that its Dynamic Resharding feature was launched on the testnet last week in the 2.13 update. Testnet shards can now automatically split when a state size threshold is reached, completing the scaling without manual intervention or coordinated upgrades. This update also includes upgrading the signature scheme to a post-quantum-secure version.
Cactus Custody integrates with Venus Protocol via Cactus Link.
According to Foresight News , BIT announced that its brand Cactus Custody has integrated with Venus Protocol via Cactus Link, providing institutional clients with a new pathway to the BNB Chain on-chain lending market. Within the existing custody environment, approval process, and risk control system, institutional clients can participate in the Venus lending market using eligible collateral. Matrixdock's tokenized gold XAUM is now available as collateral.
NEAR Intents says it blocked $50M tied to Bitget hackers
The cross-chain protocol said it actively prevents stolen funds from being laundered, drawing a contrast with THORChain’s position that it does not selectively censor transactions.
USDT will return to the Bitcoin network; UTEXO will natively issue a Bitcoin version of USDT via the RGB protocol.
According to Mars Finance, on July 7th, Tether is preparing to natively issue USDT on the Bitcoin network based on the RGB v0.11.1 protocol, with UTEXO responsible for commercial issuance and distribution. This will mark USDT's return to the Bitcoin mainnet after many years, since its initial appearance on the Bitcoin network in 2014 via the Omni protocol. UTEXO co-founder Viktor Ihnatiuk stated that the company has received support from Tether, which is responsible for promoting the native Bitcoin USDT rollout. The RGB protocol employs client-side validation combined with the Lightning Network, enabling instant, low-cost, and privacy-focused USDT transactions while inheriting the Bitcoin UTXO security model. Users will be able to hold USDT directly through their native Bitcoin addresses and send and receive payments using Lightning Network wallets that support RGB, without relying on other public chains or intermediary service providers. Compared to the current account-based networks like TRON and Ethereum, where USDT is primarily circulated, RGB naturally supports one-time addresses using the UTXO model and combines this with off-chain payments via the Lightning Network, effectively enhancing transaction privacy. Meanwhile, UTEXO is deeply integrated with Tether, reducing intermediary fees and data collection. Users can also convert USDT between different public chains at low cost through its online cross-chain bridge.