NEAR Intents just suffered a $3.8M exploit🚨
Just 2 days after blocking $50M in attempted swaps linked to the Bitget hacker.
What a fcking week for NEAR.
Here’s what happened:
Today NEAR Intents temporarily suspended its services after discovering a vulnerability involving Omni’s deposit
The team says:
- $3.8M was lost.
- The vulnerability has been patched.
- Affected users will be fully compensated.
- Security firms and authorities are investigating.
To make it clear Intents is the cross-chain infrastructure that allows users to swap assets
Just two days earlier, NEAR Intents reported blocking the vast majority of $50M in attempted swaps associated with the Bitget hacker.
Now its own infrastructure has been exploited.
Ofc there is currently no evidence connecting the two incidents.
$NEAR reacted negatively
(But remember that NEAR had also rallied over 140% during the preceding month)
I see this as a similar case to what happened with
$ZEC at the beginning of the summer.
Useless fud for now.
But still worth to keep an eye on what happens the next days 👇