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Bearish

NEAR Protocol's price drops 7.27% to $4.72 amid $3.8 million exploit

In the past 24 hours, NEAR Protocol's price declined by 7.27% to $4.72 following a $3.8 million exploit on its cross-chain trading platform, NEAR Intents. The exploit led to the suspension of services and raised concerns about the platform's security.

Key points

  • NEAR Intents suffered a $3.8 million exploit, leading to service suspension.
  • The exploiter returned all stolen assets a day later.
  • NEAR Protocol's price declined by 7.27% to $4.72 following the exploit.

Sources

AI-generated from public news sources. Not financial advice.

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