⚠️ BREAKING: NEAR INTENTS HIT BY $3.8M SECURITY INCIDENT
NEAR Intents has suffered a security incident linked to a bug in its Omni deposit and withdrawal system.
The estimated loss: $3.8 MILLION.
But NEAR says affected users will be FULLY COMPENSATED.
The contract bug has now been fixed.
NEAR Intents and near.com are expected to return within roughly 1 hour.
However, deposits and withdrawals across BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll and Plasma will remain paused for around 12 more hours.
The incident has also been reported to law enforcement.
Security firms are now working to trace the stolen funds.
NEAR Intents connects users and AI agents across multiple blockchains, allowing them to specify the desired outcome without manually navigating complex cross-chain transactions.
A major reminder for the crypto industry:
One smart-contract bug can put millions of dollars at risk in minutes.
And as cross-chain infrastructure becomes more important, security becomes even more critical.
#NEAR #Crypto #Blockchain #DeFi #Web3 $NEAR
NEAR Intents has suffered a security incident linked to a bug in its Omni deposit and withdrawal system.
The estimated loss: $3.8 MILLION.
But NEAR says affected users will be FULLY COMPENSATED.
The contract bug has now been fixed.
NEAR Intents and near.com are expected to return within roughly 1 hour.
However, deposits and withdrawals across BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll and Plasma will remain paused for around 12 more hours.
The incident has also been reported to law enforcement.
Security firms are now working to trace the stolen funds.
NEAR Intents connects users and AI agents across multiple blockchains, allowing them to specify the desired outcome without manually navigating complex cross-chain transactions.
A major reminder for the crypto industry:
One smart-contract bug can put millions of dollars at risk in minutes.
And as cross-chain infrastructure becomes more important, security becomes even more critical.
#NEAR #Crypto #Blockchain #DeFi #Web3 $NEAR
