Bearish
NEAR Intents resumes services after $3.8 million exploit; NEAR price drops 5.16% to $4.96.
NEAR Intents, a cross-chain trading platform, experienced a $3.8 million exploit on October 1, 2026, leading to a temporary halt in services. The vulnerability was patched, and the platform resumed operations, pledging full compensation to affected users. Despite the resolution, NEAR Protocol's native token, NEAR, saw a 5.16% decline, closing at $4.96.
Key points
- NEAR Intents suffered a $3.8 million exploit, leading to a temporary halt in services.
- The exploit was attributed to a bug in the Omni deposit and withdrawal infrastructure interacting with the NEAR Intents smart contract.
- The vulnerability was patched, and NEAR Intents resumed operations, pledging full compensation to affected users.
- NEAR Protocol's native token, NEAR, experienced a 5.16% decline, closing at $4.96.
Sources
- NEAR Intents halts services after $3.8 million exploit, promises full compensationThe Block · October 1, 2026
- NEAR Intents hit by $3.8 million exploit as crypto's rough year of hacks continuesCoinDesk · October 1, 2026
- NEAR Intents says its identified the hacker, gives 48-hour ultimatumLCX Crypto News · October 2, 2026
- NEAR Intents Says an Omni Bridge Bug Cost It About $3.8 MillionMiningPool · October 1, 2026
AI-generated from public news sources. Not financial advice.
