NEAR Intents identifies hacker, gives 48-hour ultimatum after $3.8M exploit
first published 2026-10-01T14:18:14Z
NEAR Intents said a bug in its Omni deposit and withdrawal system caused about $3.8 million in losses. The platform paused services and restricted deposits and withdrawals across several networks, said the issue was patched, and said affected users will be reimbursed while investigators trace funds moved to KuCoin and converted into bitcoin.
AI Analysis
A confirmed exploit caused $3.8 million in losses and forced the platform to pause services and restrict deposits and withdrawals. The issue was patched and reimbursements were promised, but the incident is still a direct security setback for the project.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
Source Articles
- NEAR Intents hit by $3.8 million exploit as crypto's rough year of hacks continues - CoinDesk
- Near Intents Breaks Silence on $3.8 Million Exploit, NEAR Token Slumps 7.5% - U.Today
- Near Intents Hacked for $3.8M Days After Denying North Korea-Linked Bitget Hacker - Decrypt
- NEAR Intents suffers $3.8M exploit after assistance with Bitget breach - Cointelegraph
- NEAR price outlook: Can $4.69 support absorb the Intents selloff? - Crypto News
- NEAR Price Slides 13% as Exploit Claims Rattle Sentiment - Coinpedia
- NEAR Intents resumes service after $3.8M exploit, pledges full compensation - Crypto News
- Shevchenko Gives NEAR Intents Attacker 48 Hours - The Defiant
- NEAR Intents says its identified the hacker, gives 48-hour ultimatum - Cointelegraph
