Breaking News ⚡
NEAR Intents vulnerability leads to $3.8 million in cross-chain fund transfers
NEAR Intents has suspended service due to a vulnerability in the Omni deposit/withdrawal infrastructure. The team estimates losses of $3.8 million. The team says it will fully reimburse users, but on-chain investigator ZachXBT claims the stolen funds were transferred out almost immediately.
$NEAR -8.54%
On Binance contract trading $NEAR Perpetual: https://www.binance.com/en/futures/NEARUSDT
My take: $NEAR is down 8.5%. First, let's see if $4.74 can hold. If it can't, I'd rather stay in cash and wait.
What do you think? Bullish or bearish?👇
#BinanceSquare #WriteToEarn #NEAR #Crypto
NEAR Intents vulnerability leads to $3.8 million in cross-chain fund transfers
NEAR Intents has suspended service due to a vulnerability in the Omni deposit/withdrawal infrastructure. The team estimates losses of $3.8 million. The team says it will fully reimburse users, but on-chain investigator ZachXBT claims the stolen funds were transferred out almost immediately.
$NEAR -8.54%
On Binance contract trading $NEAR Perpetual: https://www.binance.com/en/futures/NEARUSDT
My take: $NEAR is down 8.5%. First, let's see if $4.74 can hold. If it can't, I'd rather stay in cash and wait.
What do you think? Bullish or bearish?👇
#BinanceSquare #WriteToEarn #NEAR #Crypto
