🚨 $NEAR fell to around $4.91, underperforming the broader crypto market after a security flaw in NEAR Intents triggered a temporary service disruption.
🔍 What happened?
💸 Estimated $3.8M in losses
🛠️ A vulnerability affected Omni infrastructure handling deposits and withdrawals
🛡️ The team pledged to reimburse affected assets
⏸️ Deposits and withdrawals across 11 networks were temporarily suspended while repairs continued
The incident comes after a strong 148% monthly rally and the launch of Bitwise’s first U.S. spot #NearETF on September 29.
📉 Key levels to watch:
Resistance: $5.00 → $5.50
Support: $4.50
Lower support: $4.00 #nearprotocol
🔍 What happened?
💸 Estimated $3.8M in losses
🛠️ A vulnerability affected Omni infrastructure handling deposits and withdrawals
🛡️ The team pledged to reimburse affected assets
⏸️ Deposits and withdrawals across 11 networks were temporarily suspended while repairs continued
The incident comes after a strong 148% monthly rally and the launch of Bitwise’s first U.S. spot #NearETF on September 29.
📉 Key levels to watch:
Resistance: $5.00 → $5.50
Support: $4.50
Lower support: $4.00 #nearprotocol
