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Wintermute threatened legal action against NEAR Foundation after it refused to redeem the USN tokens connected to Alameda Research.

NEAR Foundation partners with Polygon Labs to develop zkWASM, a cutting-edge zero-knowledge solution enhancing interoperability and security for WASM chains.

The Near Foundation, a key entity in blockchain innovation, has unveiled two fresh offerings designed to enhance the toolset available to web3 architects. These products are set to provide substantial resources for those who are at the forefront of blockchain development.

Near Foundation announced a new data availability layer called Near DA and collaboration with Polygon Labs.

ZK experts and WASM researchers are joining forces in the zkWASM collaboration to develop a ZK prover for WASM blockchains, accessible through Polygon CDK.

The project's new "NEAR DA" aims to provide an alternate venue that could handle data produced by Ethereum's fast-growing network or auxiliary blockchains or "layer-2 networks."

The aim of the tie-up is to allow for greater interoperability across chains.

Evgeny Gaevoy, the CEO of Crypto market maker Wintermute, said his firm would take legal action against Near(NEAR) Foundation and Aurora Labs for failing to deliver on their promise to convert $11 million worth of USN stablecoins into Tether's USDT.

Wintermute founder and CEO Evgeny Gaevoy has publicly accused Near Foundation and Aurora Labs for failing to uphold a deal which would see $11.2 million worth of USN, a Near protocol-native stablecoin, convert to USDT.

NEAR Foundation appoints co-founder Illia Polosukhin as CEO, marking a new phase for the NEAR Protocol, focusing on ecosystem growth and process optimization.

The Near Foundation has refused to execute Wintermute's USN redemptions for over two months.

Wintermute criticizes Near Foundation and Aurora Labs for failing to fulfill USN redemption commitments, resulting in significant unredeemed funds. Seeking legal recourse and remaining adversarial if resolutions fail.

Wintermute, a cryptocurrency market maker, has accused the NEAR Foundation and Aurora of breaching an agreement to convert $11 million in USN stablecoins.

Wintermute, a leading market maker, has publicized a conflict with NEAR Foundation and Aurora Labs over the redemption of USN stablecoin, possibly signifying deeper issues within the cryptocurrency accountability mechanisms after the series of industry shake-ups.

NEAR Foundation has sparked controversy by declining to honor an 11.2 million USN redemption commitment tied to FTX.

Wintermute founder and CEO Evgeny Gaevoy says the Near Foundation reneged on an offer to convert $11m million worth of its stablecoin.

In his new role, AI innovator Illia Polosukhin will oversee the growth of the NEAR Open Web Ecosystem and guide the constellation of teams that leverage NEAR as a platform for dApp buiding.

In recent weeks, the world of cryptocurrency has been buzzing with excitement as Near Protocol (NEAR) experienced a remarkable 46% surge in its value. While such rapid price movements may leave many people scratching their heads, a closer look at the driving forces behind this impressive upswing reveals some compelling reasons for this success.

Coin98 has launched a decentralized app store on NEAR's Blockchain Operating System, providing seamless access to top L2 and DeFi protocols for over 7 million users.

In recent weeks, Near Protocol (NEAR) has taken the market by storm, experiencing an impressive 46% rally. While such price surges can leave investors wondering, a closer look at the underlying factors reveals the driving forces behind this substantial upswing.

On 1 November, NEAR's price went up by almost 11% after the foundation behind the protocol announced its partnership with Nym Technologies

Over recent weeks, the cryptocurrency market has witnessed a remarkable surge in the value of Near Protocol (NEAR), which reported a whopping 46% rally. While such price movements often leave investors perplexed, a deeper dive into the underlying factors reveals some compelling reasons behind this robust upswing.

In the dynamic world of cryptocurrencies, NEAR token has recently caught the attention of traders and investors alike. Over the past day, NEAR has seen a significant price increase of 8.44%, which has left many enthusiasts intrigued.

Coin98, a prominent multichain wallet and DeFi platform boasting over 7 million users across 170 countries, has unveiled a groundbreaking decentralized DApp store powered by the NEAR Blockchain Operating System (BOS). This innovation aims to streamline user access to Layer-2 (L2) ecosystems, offering a seamless experience for DeFi enthusiasts and Web3 users.