$NEAR INTENTS EXPLOIT: ~$3.8M REPORTEDLY DRAINED
A reported exploit hit $NEAR Intents, involving a bug in its Omni deposit/withdrawal system.
The contract has reportedly been fixed, while deposits and withdrawals across several chains remain paused as the team investigates the incident.
The good part: affected users are reportedly expected to be fully compensated, and the team is already tracing the funds and working with law enforcement.
For now, the key thing to watch is how quickly the investigation progresses and when cross-chain deposits and withdrawals are safely restored.
~$3.8M exploited. Contract fixed. Funds being traced. User compensation reportedly planned.
#Near
A reported exploit hit $NEAR Intents, involving a bug in its Omni deposit/withdrawal system.
The contract has reportedly been fixed, while deposits and withdrawals across several chains remain paused as the team investigates the incident.
The good part: affected users are reportedly expected to be fully compensated, and the team is already tracing the funds and working with law enforcement.
For now, the key thing to watch is how quickly the investigation progresses and when cross-chain deposits and withdrawals are safely restored.
~$3.8M exploited. Contract fixed. Funds being traced. User compensation reportedly planned.
#Near