đš NEAR Intents Exploit: $3.8M Drained đš
A bug in the Omni deposit/withdrawal infrastructure caused a security breach, leading to a $3.8 million loss. The team has patched the vulnerability and pledged full user compensation. Funds were transferred to KuCoin and bridged to $BTC . Service is halted, and the attacker's identity remains unknown. This highlights critical security risks in cross-chain protocols, but NEAR's swift action to compensate users is key for trust. #NEAR
A bug in the Omni deposit/withdrawal infrastructure caused a security breach, leading to a $3.8 million loss. The team has patched the vulnerability and pledged full user compensation. Funds were transferred to KuCoin and bridged to $BTC . Service is halted, and the attacker's identity remains unknown. This highlights critical security risks in cross-chain protocols, but NEAR's swift action to compensate users is key for trust. #NEAR