NEAR Intents Confirms Security Breach with Over $3.8 Million Stolen
NEAR Intents confirmed a security breach caused by a vulnerability in the interaction between its Omni deposit/withdrawal infrastructure and smart contracts. The protocol has patched the vulnerability and pledged full compensation for affected assets. On-chain investigator ZachXBT reported that funds were drained from the BSC hot wallet and moved to KuCoin before being bridged to the Bitcoin network, with total losses exceeding $3.8 million. Core services are expected to resume shortly, while deposit/withdrawal services on BSC, Polygon, and TON remain suspended for approximately 12 hours.
Summaries are written by AI from the original article. Not investment advice.