NEAR Intents Exploited for $3.8 Million, Services Paused

NEAR Intents, a cross-chain swap service, suffered a $3.8 million exploit due to a bug in its Omni deposit and withdrawal infrastructure. The incident, identified by investigator ZachXBT, involved funds being moved to KuCoin and converted to Bitcoin. While NEAR Protocol itself remains unaffected, services are currently paused across 11 networks, and the team has pledged to fully compensate affected users.