NEAR Protocol Introduces Cross-Chain Transaction Privacy Execution Feature, Confidential Intents, Bringing Privacy Execution Layer to Cross-Chain Transactions

According to data from the Fomo platform, trader Point Farm Capital (@pointfarmcap) tops the 24-hour profit leaderboard, logging around $5.001 million in 24-hour profits and holding an account asset value of approximately $6.527 million. The trader’s largest position is 35.1 million STONK, worth roughly $4.707 million, with a position return of 1008.21%. Additionally, they hold 6.9 million ZCAT valued at about $629,000, delivering a position return of 439.07%, plus 33.1 million CTO worth around $313,000, with a position return of 992.32%.

Robinhood-backed token issuance platform pair.fund announced in a statement that it has burned PAIR tokens worth over $5 million in total, emphasizing its goal of building a deflationary ecosystem.

According to GMGN market data, PAIR, the native token of pair.fund — Robinhood’s token launch platform — has reached a market capitalization of over $50 million, hitting a new all-time high. It is currently valued at a $50.13 million market cap, with a 480% 24-hour price increase and a corresponding trading volume of $21.6 million. BlockBeats warns users that related tokens are highly volatile, so investment requires caution.

Robinhood’s token launch platform pair.fund announced ecosystem progress, disclosing that cumulative trading volume is nearly $100 million, over $600,000 in creator rewards have been distributed, and more than 2,000 token launches have been completed. Burned PAIR tokens are valued at over $3 million, with a burn rate exceeding 10%. The platform also stated it plans to release its next major update within the next 24 hours.

Chilean crypto exchange Orionx, backed by Tether, announced it is initiating permanent closure procedures. A forensic audit previously uncovered that over $7 million in customer custodial assets were transferred to wallets not managed by the platform. Withdrawals are currently suspended, and the company stated its sole priority is to return customer assets as much as possible. The audit revealed that Orionx’s system-recorded balances of BTC, ETH, XRP, and POL exceeded the actual holdings in its custodial addresses. The firm has filed criminal complaints against two co-founders and former executives, Roberto Zibert and Joaquín Díaz, alleging the relevant assets were transferred between 2018 and 2021. The two denied the allegations, claiming they never harmed customer interests, and the cause of the asset shortfall remains unclear. Tether exclusively led Orionx’s Series A funding round in June 2025, approximately 15 months prior to the closure announcement. As of press time, Tether and Orionx had not responded to requests for comment.

According to HTX market data, privacy token ZEC (Zcash) has surged sharply to break through $1200, hitting an all-time high. It is now trading at $1193, with a 24-hour gain of 17.8%.