NEAR Intents Suspends Services Following $3.8 Million Security Breach
NEAR Intents halted services on October 1, 2026, after a technical error in the interaction between Omni's deposit and withdrawal infrastructure and its smart contract led to $3.8 million in losses. The team has resolved the vulnerability and pledged to reimburse affected users, though deposits and withdrawals across eleven networks, including BSC, Polygon, and TON, remain paused for approximately 12 hours. Developers clarified that the incident was isolated to the NEAR Intents service and did not affect the underlying NEAR Protocol layer-1 network.
Summaries are written by AI from the original article. Not investment advice.