NEAR Intents Suffers $3.8 Million Exploit Following Recent Security Interventions

Cross-chain protocol NEAR Intents confirmed an exploit on October 1, resulting in the loss of over $3.8 million from its BSC hot wallet. The vulnerability stemmed from a flaw in the interaction between its Omni infrastructure and smart contracts. The stolen funds were traced to KuCoin and subsequently bridged to the Bitcoin network. This incident occurred shortly after NEAR Intents gained attention for intercepting over $50 million in stolen funds related to the Bitget hack. The team has pledged full reimbursement for affected users.